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Excellon Resources Inc.
Summary
| Project: | Platosa Mine | |
|---|---|---|
| Deposit: | Platosa Mine | |
| Location: | Mexico | |
| Commodities: | Silver-Lead-Zinc | |
| Date: | 2/2/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 2-2-2017: Excellon Resources Inc. announces an Exploration/Drilling Update report for its Platosa Mine deposit at the Platosa Mine project. Drilling results incl. 3.0m @ 795g/t Ag, 9.25% Pb, 25.85% Zn from 186.0m. Excellon Resources Inc. (TSX:EXN and EXN. | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Ben Pullinger (Not stated) | |
| ABSTRACT: | Excellon Resources Inc. (TSX:EXN and EXN.WT; OTC:EXLLF) ("Excellon" or the “Company"), Mexico’s highest grade silver producer, is pleased to announce results from its ongoing surface and underground exploration program at the Platosa Mine in Durango, Mexico. “Recent drilling results confirm our ability to discover additional high-grade manto mineralization both near surface and around our existing resource,” stated Ben Pullinger, Vice-President, Geology. “The discovery of a connector zone between the Guadalupe North and 6A Mantos is very encouraging and provides more flexibility in our mine plans and allows us to open up new headings closer to surface.” The Company commenced a 25,000-metre diamond drilling exploration program in Q3 2016. This program encompasses drilling from surface and from underground and is currently focused on defining additional shallow mineralization located near existing infrastructure in mineable areas. Exploration throughout 2017 will continue to focus on defining high-grade manto mineralization around the existing Platosa resources. Exploration will also continue to define structural controls within the resource that may lead to further discoveries of manto and feeder-style mineralization. | |
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