Excellon Resources (TSX: EXN) (NYSE American: EXN) (FRA: E4X2) has shared the results from a diamond drilling campaign conducted last year as part of its ongoing exploration program at the Silver City project in Saxony, Germany. With 24 diamond drill holes completed on the program to date, highlights from the drilling include news that the step-out drilling intersected significant silver mineralization at four targets and that the historical data review, structural and geological modelling, and soil sampling and prospecting is in progress on the Bräunsdorf license. Excellon is also planning additional soil lines for the Oederan, Mohorn and Frauenstein licenses to be used to refine drill targets for the 2022 drilling program. “The results from our 2021 drill program confirmed the continuity of the structures intersected in the initial drilling at Silver City,” said Excellon vice president of exploration Jorge Ortega in the press release. “Drilling at Grauer Wolf and Peter Vein returned high-grade results over a strike of 170 and 300 meters, respectively, with up to eight-meter-wide zones of hydrothermal alteration and stockwork. These are clear indicators of the potential of the system to host economic mineralization, and our continuing goal is to identify broader zones of mineralization at the high grades we have encountered to date. We are also continuing to review the historical exploration and mining data and collect surface geochemical data ahead of our 2022 exploration drill program.”
To view the full press release, visit https://ibn.fm/WpyRq
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, a high-grade silver mine producing in Mexico since 2005; Kilgore, an advanced gold exploration 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 QualityStocksNewsBreaks
QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.
QualityStocks (QS)
Scottsdale, Arizona
www.qualitystocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php
