Excellon Resources Inc. EXN Archives - Page 3 of 5

TuesdayAug 10, 2021 11:04 am

QualityStocksNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FRA: E4X2) Releases Update Regarding Mexico Litigation

Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FRA: E4X2) has provided an update on litigation involving the company’s subsidiary San Pedro Resources SA de CV. The litigation is regarding part of the Evolución property in Zacatecas and was first disclosed in 2019. The company is confirming that, as it reported in July, San Pedro’s appeal to the federal courts of Mexico in respect of the litigation was dismissed, despite the lack of evidence, facts or law to support this outcome. The company has received the formal written decision regarding the appeal; the decision, which is not subject to further legal appeal, appears to uphold the…

WednesdayJul 28, 2021 11:09 am

QualityStocksNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Announces Progress of Silver City Drilling Program

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) today provided an update on the ongoing drilling program at the Silver City Project located in Saxony, Germany. Among the highlights, the company reported smooth commencement of drilling at the first of four priority targets of the 12,000-metre diamond drilling program planned for 2021. In addition, a second drill rig was added to the program, with drilling now underway at the Peter Vein (Neue Hoffnung Gottes) and Bräunsdorf (Christbescherung) targets. “We have had another smooth startup of drilling at Silver City this year,” said Ben Pullinger, SVP Geology & Corporate Development.…

WednesdayJul 21, 2021 9:43 am

QualityStocksNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Announces Historically High Productivity Rates for Platosa Mine

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) today announced second quarter 2021 production results from the Platosa Mine in Durango, Mexico. Among the highlights, the company reported silver equivalent (“AgEq”) production of 487,009 oz. In addition, Platosa achieved its fourth consecutive quarter of over 21,000 tonnes mined and milled, with record tonnes mined (86,316) and milled (88,648) over the trailing twelve months. “Platosa delivered a fourth consecutive quarter of production at historically high productivity rates,” said Brendan Cahill, president and CEO of Excellon Resources. “We continue to see room for improvement, with our ongoing work to improve recoveries at…

ThursdayJul 01, 2021 12:00 pm

QualityStocksNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Positioned Amid Silver’s Rising Demand/Declining Supply

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) is a silver and base metals producer with precious metal projects located in Mexico, Idaho and Germany. According to a recent article, “The World Silver Survey has forecast a rise in total silver demand in 2021 of 15% to 1.03 billion ounces, with industrial demand set to rebound by 8% year-over-year. However, the rosy demand outlook contrasts against the commodity’s rapidly declining supply profile. In 2020, global mine production registered its fourth consecutive annual decline, with silver output declining by 5.9% to 784.4 million ounces.” The piece further clarifies that the…

FridayJun 25, 2021 1:59 pm

QualityStocksNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Eyes Promising Results at Platosa

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) is a silver and base metals producer with operations in Mexico and precious metal exploration projects in Mexico, Idaho and Germany. The company is working on developing a precious metals growth pipeline across a myriad of geographies and has announced exceptional results from its drilling program at Platosa. “Excellon has seen particularly promising results from its Platosa Mine located in Durango, Mexico. Over the course of 2020, the company revealed that its Mexican-based mining operations had resulted in a 37% year-over-year increase in silver production, with lead output rising by 32%…

FridayJun 25, 2021 10:37 am

Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) to Benefit from Surge in Silver Investment Demand

Silver prices rose by 29% YoY in 2020, led by an 8% increase in physical investment demand The World Silver Survey 2021 has forecast total silver demand to rise by 15% in 2021 to 1.03 billion ounces, with industrial silver consumption set to bounce back by 8% YoY The rosy demand outlook contrasts against silver’s tenuous supply profile, with annual mining production declining for a fourth consecutive year in 2020 Excellon Resources is among the leaders in the search for new silver deposits, with a precious metals growth pipeline that includes: Platosa, Mexico’s highest-grade silver mine since production commenced in…

FridayJun 18, 2021 10:14 am

QualityStocksNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Announces Filing of Platosa Technical Report

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) has announced that it has filed an independent technical report for the Platosa Mine in Durango, Mexico. The report was prepared and compiled following National Instrument 43-101 guidelines and has an effective date of March31, 2021. The Platosa Mine is a high-grade silver mine and is one of three projects Excellon is working. Production at Platosa began in 2005. To view the full press release, visit https://ibn.fm/uWcF2 About Excellon Resources Inc. The vision of Excellon Resources is to create wealth by realizing strategic opportunities through discipline and innovation for the benefit of…

ThursdayJun 17, 2021 11:07 am

Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Set To Benefit from a Sustained Silver Demand Boom from the Electric Vehicle Sector

Battery-powered electric vehicles are set to be a significant demand driver for silver in coming years The expected increase in annual silver demand from the electric vehicle sector over the next four years is estimated to equal 10% of 2021’s global silver production Excellon Resources is currently executing ongoing precious metals projects in Mexico, Idaho and Germany The company recently revealed that its Mexican operations resulted in a 37% YoY increase in silver production as of the fourth quarter of 2020 Fifty grams is slightly more than the weight of an average golf ball, yet it also represents the estimated…

TuesdayJun 08, 2021 10:53 am

QualityStocksNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Announces Details on 2021 Silver City Drilling Program

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) today announced permitting approval for the drill operation plan at the Silver City Project in Saxony, Germany, and provided details outlining the 2021 drilling program. “Our 2020 drilling program confirmed the presence of a major epithermal system, encountered high-grade silver species and delivered high-grade assays, including new discoveries at Grauer Wolf and Reichenbach,” said Ben Pullinger, SVP of Geology and Corporate Development at Excellon Resources. “We achieved these milestones with only 16 holes over 24 kilometres of strike. This year's program will build on the modelling and integration of those results…

WednesdayMay 26, 2021 9:57 am

QualityStocksNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Commences Drilling at Idaho-Based Oakley Project

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) today announced the commencement of a 2,800-metre diamond drilling program at the Oakley Project, Idaho in collaboration with Centerra (U.S.) Inc. According to the update, Centerra has the option to earn up to a 70% interest in the project by, among other things, spending up to US$7 million in exploration expenditures prior to May 2026. Under the terms of the option agreement between the parties, Excellon is the manager of the project and Centerra is the operator and currently funds all expenditures. "Oakley is a low-sulphidation, epithermal gold project with the…

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