EXN EXLLF Excelon Resource Q3 2013 Highlights
607,252 silver equivalent ounces produced,
a 50% increase over Q2 2013, including:
454,573 oz Ag;
1,921,547 lb Pb; and
2,149,884 lb Zn;
Ore grade of 975 g/t Ag (28 oz/T), including over 190,000 ounces of silver production in September from ore grading over 1,000 g/t Ag (29 oz/T);
Net cash costs of $7.77 per Ag oz and all-in costs of $10.65 per Ag eq. oz;
Generating positive cash flow with cash, accounts receivable and securities totaling $9.7 million at the end of the quarter.
They still have plenty of excess capacity in their mill so increases from here will have no CAPEX.
