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Bullboard - Stock Discussion Forum Excellon Resources Inc T.EXN

Alternate Symbol(s):  EXNRF

Excellon Resources Inc. is engaged in the acquisition of advanced development or producing assets. The Company is advancing a portfolio of gold, silver and base metals assets including Kilgore, an advanced gold exploration project in Idaho, and Silver City, a high-grade epithermal silver district in Saxony, Germany. The Kilgore project is a caldera-related epithermal gold deposit which covers... see more

TSX:EXN - Post Discussion

Excellon Resources Inc > Excellon Resources Intersects 1,170 G/T Silver Equivalent Ov
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Post by AwareInvestor on Feb 01, 2021 8:39am

Excellon Resources Intersects 1,170 G/T Silver Equivalent Ov

Excellon Resources this morning released drill results from the latest program conducted at its Platosa Mine in Durango, Mexico. Highlight results from the program included 1,170 g/t silver equivalent over 4.2 metres, including 1,812 g/t silver equivalent over 2.0 metres.
Comment by jcw604 on Feb 01, 2021 3:59pm
Why are their results not in hundreds of meters, but so short? They don't tell you from how many meters of drilling, they managed to get the sweet spot. Not very informative. Someone has those information?
Comment by Thales42 on Feb 01, 2021 5:39pm
Jcw604, LOL, if Exn starts reporting such high grade results in hundreds of meters, then we are really back in business and we all will be millionaires. First, consider the cost of drilling.  Nowadays if you own your own drills and have the qualified company drillers the cost is roughly around $200 Cad per a meter of drilling; if you hire outside contractors the the cost doubles to $400 ...more