For thousands of other reports visit RSC's Mineral Intellingence Map

Excellon Resources Inc.

opaxe

Summary

Project:

Platosa Mine

Deposit:Platosa Mine
Location:Mexico
Commodities:Silver-Lead-Zinc
Date:7/26/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:26-7-2017: Excellon Resources Inc. announces an Exploration/Drilling Update report for its Platosa Mine deposit at the Platosa Mine project. Drilling results incl. 6.76m @ 886g/t Ag, 8.8% Pb, 20.5% Zn from 20.75m. Toronto, Ontario – July 26, 2017 – Excell
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Ben Pullinger (Internal)
ABSTRACT:Toronto, Ontario – July 26, 2017 – Excellon Resources Inc. (TSX:EXN and EXN.WT; OTC:EXLLF) ("Excellon" or the “Company") is pleased to announce results from its ongoing exploration program at the Platosa Mine in Durango, Mexico. “Today’s results confirm the potential to add significant high-grade mineralization to the 623 Manto and demonstrate continuity between the 623 and Guadalupe South mantos,” stated Ben Pullinger, Vice-President, Geology. “This mineralization is near mine workings and therefore has the potential to increase near term highgrade production. Our drilling program continues to successfully demonstrate the ability to expand Platosa’s mineralized footprint around existing resources. Dry conditions are also providing easier and more efficient access to strategic areas for underground drilling around the Platosa manto s.” he Company commenced a 25,000-metre diamond drilling exploration program in Q3 2016. This program encompasses drilling from surface and from underground. The program is currently focused on definition and growth of the existing resource in areas that will be in production in 2017, and exploring for new manto mineralization accessible from mine workings above the water table. Exploration for the remainder of 2017 will focus on defining high-grade manto mineralization around existing Platosa resources and will also continue to define structural controls within the resource that may lead to further discoveries of manto and feeder-style mineralization. Surface drilling is currently on hold, pending ongoing permitting of drill pads and is expected to re-commence later this year. The Company also continues to develop its regional exploration program for CRD/Source-style (skarn) mineralization.

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report