Excellon’s 100%-owned Platosa Mine has been Mexico’s highest-grade silver mine -
La Platosa is one of the highest-grade silver mines in Mexico and is 100% owned by Excellon Resources Inc. Initially acquired in 1996, the property now encompasses 20,947 ha in the State of Durango, north-central Mexico.
The Platosa mine is an underground operation accessed by ramp. Most of the mining at Platosa has occurred from flat-lying massive sulphide bodies (mantos) and has been carried out using a modified room and pillar method.
Ore produced from the mine is crushed on site and transported 200 km south for processing at the Miguel Auza mill located in the State of Zacatecas.
The Company is currently implementing an optimization plan to double production and halve costs by improving water management at Platosa through the implementation of a dedicated dewatering system.
The optimization program aims to maintain and deepen a localized “cone of depression” in the water table below mine workings, ultimately resulting in completely dry mining conditions at Platosa. Under dry mining conditions, the Company expects to achieve materially higher rates of production at materially lower costs relative to current and historical production at Platosa.
Excellon Resources: Profitable Silver Production & Exploring Huge Upside Potential Interview With President & CEO Brendan Cahill
Excellon Resources has unique production in Mexico with significant exploration potential -
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