Excellon Resources Inc. EXN Archives - Page 4 of 5

MondayMay 17, 2021 12:00 pm

QualityStocksNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Finds Compelling Results at Platosa Mine

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2), a silver and base metals producer with operations in Mexico and precious metal exploration projects in Mexico, Idaho and Germany, has found additional high-grade silver in the Platosa Mine in Mexico. The find was captured in recently released results from underground expansion and exploration drilling at the site, which the company described as “compelling.” It complements the company’s efforts to advance a precious metals growth pipeline in Platosa through further explorations. A recent article quotes the senior vice president of Geology and Corporate Development, Ben Pullinger, as saying, “Initial drilling from…

FridayMay 14, 2021 10:58 am

QualityStocksNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Releases Q1 2021 Financial, General Meeting Report

Excellon Resources (TSX: EXN, EXN.WT) (NYSE American: EXN) (FSE: E4X2) has released its financial report for first quarter 2021, the period ended March 31, 2021. The report included both financial and operational highlights. Among the financial highlights for the company was the announcement that revenues had increased by 76% to $9.8 million during Q1 2020 compared to $5.6 million in Q1 2020, and gross profit reached $1.8 million, a $3 million improvement over first quarter 2020, which posted a $1.2 million loss. The company also reported total cash cost net of byproducts per silver ounce payable decreased by 13% to $13.43 compared to $15.35 the same quarter…

ThursdayMay 13, 2021 1:51 pm

Silver: Returning to Germany Through A Winding History, from the Viking Era to Modern Technology

Germany has been integral to silver production historically, including the Rammelsberg Mine that produced for over 1,000 years continuously through 1988. Excellon has a license to explore a massive land package, dubbed “Silver City,” after the heritage name for Freiberg (Silberstadt), spanning 341.5 square kilometers that has produced billions of dollars in silver from shallow depths. Excellon is a first mover in Saxony, with the first drilling using modern technology cutting 1,042 g/t AgEq, while defining a major epithermal silver system over 12 kilometers. If someone could do a flyby of the history of silver, they would cover the globe…

ThursdayMay 06, 2021 2:14 pm

QualityStocksNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Featured in Stock2Me Podcast

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) was featured in the latest episode of The Stock2Me Podcast, an InvestorBrandNetwork (“IBN”) solution to provide specialized content distribution via widespread syndication channels. Excellon’s CEO and President Brendan Cahill joined the program to introduce the company’s business model and its current portfolio of production and exploration resource projects spanning North America and Europe. “Excellon’s actually been around quite a long time. It was founded in 1989 but got to Mexico in the late ‘90s and started the Platosa Mine in 2005. It’s Mexico’s highest-grade silver producer,” Cahill explained. “We produce silver,…

FridayApr 30, 2021 11:45 am

QualityStocksNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Granted Additional Exploration Licenses for Silver City Project

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2), a silver and base metals producer with operations in Mexico and precious metal exploration projects in Mexico, Idaho and Germany, has been granted three additional exploration licenses for Frauenstein, Mohorn and Oederan by the Saxon Mining Authority for its Silver City Project. The licenses mean that the project’s size has doubled to 34,150 hectares. “Excellon also holds an option to acquire a 100% interest in the Bräunsdorf license on the Silver City Project from Globex Mining Enterprises Inc. (TSX: GMX) (OTCQX: GLBXF) (FRA: G1MN),” reads a recent article. The Silver City…

ThursdayApr 22, 2021 1:19 pm

Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Continues to Find Additional High-Grade Silver at its Platosa Mine in Mexico

In production since 2005, Platosa is Mexico’s highest-grade silver mine Recent drilling by Excellon highlighted by an intersect of 1,422 g/t silver equivalent over 8.9 meters, as well as multiple other assay results of 1,000+ g/t silver equivalent Drilling underway to define and discover new mineralization in the Gap Zone, an area of vertical mineralization inadequately tested by drilling from surface to date Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2), a silver and base metals producer with precious metal projects in Mexico, Idaho and Germany, has announced compelling high-grade results from underground expansion and exploration drilling at the…

ThursdayApr 22, 2021 9:49 am

QualityStocksNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Announces High-Grade Silver Drill Results at Platosa Mine

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) today announced results from underground expansion and exploration drilling at the Platosa Mine in Durango, Mexico. Among the highlights, the company reported further definition and expansion of the Guadalupe North, 623, NE-1 and NE-1S mantos. Results from underground drilling include 1,293 G/t silver equivalent over 6.5 metres. "Underground drilling at Platosa continues to delineate high-grade silver," said Ben Pullinger, Excellon’s SVP of Geology and Corporate Development. "We are currently advancing development to support further drilling of the Gap Zone. As that development progresses, we are identifying areas of historical production where…

TuesdayApr 20, 2021 12:32 pm

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Doubles Ground Position at Silver City Project

Excellon Resources Inc. expands its Silver City Project in Germany, doubles ground position to 34,150 hectares Germany and the EU have seen mining revival in attempt to enhance mineral supply security Excellon continues to be a first mover on silver exploration in Saxony, Germany, with an unparalleled ground position covering historical high-grade silver mines on an epithermal silver belt that has never seen modern exploration for precious metals Excellon (TSX: EXN) (NYSE American: EXN) (FSE: E4X2), a silver and base metals producer with precious metal projects in Mexico, Idaho and Germany, zeroes in on the expansion of its Silver City…

ThursdayApr 15, 2021 10:08 am

QualityStocksNewsBreaks – Excellon Resources Inc. (TSX: EXN) (TSX: EXN.WT) (NYSE: EXN) (FRA: E4X2) Releases Q1 Production Results from Platosa Project

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) has announced production results from its Platosa Mine located in Durango, Mexico; the results include results from first quarter 2021 compared to first quarter 2020. Highlights of the report include silver production increase of 11% to 328,747 oz. compared with 296,281 oz. in 2020, lead production increase of 11% to 2.1 million lb. compared to 1.9 million lb. in 2020, and zinc production increase of 13% to 2.4 million lb. compared to 2.1 million lb. in 2020. The announcement noted that overall production in Q1 2021 as changes and enhancements implemented…

WednesdayMar 17, 2021 12:25 pm

QualityStocksNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Releases Annual, Q4 Financial Results

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) has released its financial numbers for the three- and twelve-month periods ended Dec. 31, 2020. Fourth-quarter financial and operational highlights of the report include a 41% increase in revenues from Q4 2019 ($9 million this quarter compared to $6.4 million in 2019); a gross profit increase of 37%, from a loss in Q4 2019 to $1.6 million in Q4 2020; an increase in silver production from 259,282 ounces in Q4 2019 to 355,581 in Q4 2020, resulting in the company’s strongest quarter of silver production since 2014. Fiscal year 2020 highlights included…

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