Excellon Resources (CVE:EXN-OTC:EXLLF) President and CEO Brendan Cahill sat down with Proactive Investors at PDAC Toronto 2019. Excellon is a silver and base metals producer headquartered in Toronto. They produce from their Platosa underground mine located near the town of Bermejillo in Durango, Mexico.
Excellon Drills 3,574 G/T Silver Equivalent Over 4.9 Metres at Platosa.
Silver Showtime? Why the Metal’s Time May be Now - 1,020 views Kitco NEWS Published on 16 Jul 2019
Silver has been attractively priced relative to gold, and investors are finally starting to take note of that, said Peter Hug, global trading director of Kitco Metals.
“I think people are starting to catch on to the fact that this market is overall in a bullish trend, which I do believe it is, that silver is extremely undervalued compared to gold, and that now we’re starting to see some retail demand coming into the silver market,” Hug told Kitco News.
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 -
GOLD is Father GOD'S Money! by Robert Kiyosaki says -
God made gold and silver. Man made paper to replace gold and silver as money. Throughout the history of mankind ALL paper currencies have failed. It's an inevitable consequence of paper lacking intrinsic value of gold and silver... simple. Propaganda to the contrary is an attempt to deceive people out of their money, their value, the fruits of their labor, their life savings, their future as independent people living comfortably as a result of hard work and planning for retirement their entire adult lives. All of this is at risk for anyone trusting in paper or electronic currency, which are only substitutes for the real money, God's money, gold and silver.
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
GOLD is Father GOD'S Money! by Robert Kiyosaki says -
God made gold and silver. Man made paper to replace gold and silver as money. Throughout the history of mankind ALL paper currencies have failed. It's an inevitable consequence of paper lacking intrinsic value of gold and silver... simple. Propaganda to the contrary is an attempt to deceive people out of their money, their value, the fruits of their labor, their life savings, their future as independent people living comfortably as a result of hard work and planning for retirement their entire adult lives. All of this is at risk for anyone trusting in paper or electronic currency, which are only substitutes for the real money, God's money, gold and silver.
Eric Sprott’s Comments on the Silver Market In Eric’s weekly podcast he is extremely optimistic about the silver market -
He sees a force majeure setting up as the price of silver rises. There is extreme buying/demand of physical silver right now and shortages are a reality. He also stated that the silver market is the place to be invested in during this next bull market!
Technical traders that Eric gets great information from say that silver’s next price move target is $35-$40 by mid September. Yes, that is correct Eric Sprott sees price exploding over the next few weeks.
He said that under this price scenario silver stocks could increase a 1000% if silver does move from $18 to $40.
The month of September will be very exciting if he is correct or even half correct!
Excellon Resources Inc. (CNW Group/Excellon Resources Inc.) TORONTO, Aug. 27, 2019 /CNW/ -
Excellon Resources Inc. (TSX:EXN) ("Excellon" or the "Company") is pleased to announce that it has closed its previously announced bought deal public offering of 10,925,000 units (collectively, the "Units"), including 1,425,000 Units issued upon full exercise of the over-allotment option,
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
GOLD is Father GOD'S Money! by Robert Kiyosaki says -
God made gold and silver. Man made paper to replace gold and silver as money. Throughout the history of mankind ALL paper currencies have failed. It's an inevitable consequence of paper lacking intrinsic value of gold and silver... simple. Propaganda to the contrary is an attempt to deceive people out of their money, their value, the fruits of their labor, their life savings, their future as independent people living comfortably as a result of hard work and planning for retirement their entire adult lives. All of this is at risk for anyone trusting in paper or electronic currency, which are only substitutes for the real money, God's money, gold and silver.
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