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Excellon Resources Inc.
Summary
| Project: | Platosa Mine | |
|---|---|---|
| Deposit: | Platosa Mine | |
| Location: | Mexico | |
| Commodities: | Silver-Lead-Zinc | |
| Date: | 2/22/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 22-2-2018: Excellon Resources Inc. announces an Exploration/Drilling Update report for its Platosa Mine deposit at the Platosa Mine project. Drilling results incl. 9.1m @ 1192g/t Ag, 13.2% Pb, 18.3% Zn from 63.9m. Toronto, Ontario – February 22, 2018 – Ex | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Ben Pullinger (Internal) | |
| ABSTRACT: | Toronto, Ontario – February 22, 2018 – Excellon Resources Inc. (TSX:EXN, EXN.WT, EXN.WT.A; OTC:EXLLF) ("Excellon" or the “Company") is pleased to announce results from its ongoing underground exploration program at the Platosa Mine in Durango, Mexico. “Drilling underground continues to define high quality mineralization around the current mantos,” stated Ben Pullinger, Vice-President, Geology. “Identifying near-term mineable mineralization remains a priority for the underground diamond drill rig, as we work towards defining structural controls that may lead to further discoveries of manto and feeder-style mineralization.” Drilling underground has focused on the definition of the 623 Manto and has now moved to a newly prepared drill bay to focus on expansion drilling of the Pierna and Rodilla Mantos. Additional drilling in these areas will test the down dip and strike length continuity of the Rodilla and Pierna mantos along a structural feature where the two mantos are offset. The Company aims to delineate additional tonnes in this location, similar to the drilling program around the 623 Manto. The Company is currently producing from the 623, Pierna, Rodilla and Guadalupe South Mantos. Drilling in 674 also identified additional mineralization above the water table in an area accessible from existing workings. The Company is evaluating this area for near-term production. The Company also expects to release an updated mineral resource estimate for Platosa in the coming - 3 - months. The updated resource estimate will include drilling completed up to December 31, 2017. Platosa drill core samples are prepared and assayed by SGS Minerals Services in Durango, Mexico. The lab is accredited to ISO/IEC 17025. | |
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