Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FRA: E4X2) has reported that it is drilling 1,828 g/t silver equivalent over more than five meters at its Platosa Mine in Durango, Mexico. Additional highlights of the report include 2,368 g/t AgEq over 1.6 meters in EX21UG597 and 1,481 g/t AgEq over 2.5 meters in EX21UG601. In addition, the company noted that the drilling results from underground continue to define mineralization in areas ahead of production at the 623, NE-1 and NE-1S Mantos as well as outside of the current mine plan. The drilling into the 623 and NE-1 Mantos specifically improve understanding and confidence, company officials observed, and extend mineralization in these areas. Excellon will continue to test target areas ahead of production. The company also noted that its drill core samples are prepared and assayed by SGS Minerals Services in Durango, Mexico. “Drilling at Platosa continues to define high-grade mineralization ahead of production,” said Excellon senior vice president of geology and corporate development Ben Pullinger in the press release. “Additionally drilling into areas previously defined by historical surface holes is upgrading our confidence in the grade and tenor of mineralization and expanding the mineralized envelope around 623 and NE-1.”
To view the full press release, visit https://ibn.fm/MpQDf
About Excellon Resources Inc.
Excellon Resources has a vision to create wealth by realizing strategic opportunities through discipline and innovation for the benefit of its employees, communities and shareholders. The company is advancing a precious metals growth pipeline that includes the following: Platosa, Mexico’s highest-grade silver mine since production commenced in 2005; Kilgore, a high-quality gold development project in Idaho with strong economics and significant growth and discovery potential; and an option on Silver City, a high-grade epithermal silver district in Saxony, Germany, with 750 years of mining history and no modern exploration. The company also aims to continue capitalizing on current market conditions by acquiring undervalued projects. For more information about the company, please visit www.ExcellonResources.com.
NOTE TO INVESTORS: The latest news and updates relating to EXN are available in the company’s newsroom at https://ibn.fm/EXN
About MissionIRNewsBreaks
MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.
MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
Editor@MissionIR.com
Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html
