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Excellon Resources Inc.
Summary
| Project: | Platosa Mine | |
|---|---|---|
| Deposit: | Platosa Mine | |
| Location: | Mexico | |
| Commodities: | Silver-Lead-Zinc | |
| Date: | 9/18/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 18-9-2018: Excellon Resources Inc. announces an Exploration/Drilling Update report for its Platosa Mine deposit at the Platosa Mine project. Drilling results incl. 15.1m @ 0.4g/t Au, 1014g/t Ag, 10.9% Pb, 26% Zn from 89.9m. Toronto, Ontario – September 18 | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Ben Pullinger (Internal) | |
| ABSTRACT: | Toronto, Ontario – September 18, 2018 – Excellon Resources Inc. (TSX:EXN and EXN.WT.A; OTC:EXLLF) ("Excellon" or the “Company") announces drill results from its ongoing underground exploration program at the Platosa Mine in Durango, Mexico, along with an update on Q3 2018 production. “Underground drilling at Platosa continues to deliver great results,” stated Ben Pullinger, Senior Vice President Geology. “We are especially encouraged by the elevated gold values and significant widths encountered in the drilling at the 623 Manto in EX18UG434 and 435, which exceeded our expectations and are worthy of follow-up.” Exploration Results The following table shows highlighted intervals from the current definition and infill program being conducted from underground at Platosa These results incorporate drilling from the Martillo and 822-2 drill stations, which were developed to expand and define mineralization at the Rodilla, NE-1S and 623 mantos. These results were not included in the Company’s updated Mineral Resource Estimate filed on September 7, 2018 (which included drill results up to March 31, 2018) and represent the potential for additional mineral resources. Drilling at the 623 Manto is of particular interest, with a zone of gold enrichment running northeast along the main axis of the 623 Manto. This zone is thought to represent a “hotter” zone of mineralization within the manto, which could be related to the genesis of the Platosa mantos. Further work is planned for this area. | |
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