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Message: Excellon Drills 2,318 g/t Silver Equivalent Over 6.76 Metres at Platosa
 
2017-07-26 08:45:01 AM ET (MT Newswires)
   
   

08:45 AM EDT07/26/2017 (MT Newswires) -- Excellon Resources Inc. (EXN.TO) announced results from its ongoing exploration program at the Platosa Mine in Durango, Mexico.

According to the company, the latest drilling had multiple intersections of high grade mineralization potentially expanding the 623 Manto and connecting the 623 and Guadalupe South mantos, including: 886 g/t Ag, 8.8% Pb and 20.5% Zn or 2,318 g/t Ag equivalent ("AgEq") over 6.76 metres in EX17UG323; 2,965 g/t Ag, 16.4% Pb and 0.9% Zn or 3,702 g/t AgEq over 1.45 metres and 1,171 g/t Ag, 9.3% Pb and 2.9% Zn or 1,713 g/t AgEq over 1.06 metres in EX17UG324; 1,600 g/t Ag, 6.4% Pb and 8.7% Zn or 2,319 g/t AgEq over 3.70 metres in EX17UG325;

3,574 g/t Ag, 28.2% Pb and 18.7% Zn or 5,727 g/t AgEq over 1.27 metres in EX14UG200; and 1,238 g/t Ag, 5.3% Pb and 2.9% Zn or 1,611 g/t AgEq over 2.10 metres in PH17-27.

Approximately 15,000 metres have been completed in 120 drill holes from surface and underground in the ongoing drill program. Exploration for the remainder of 2017 will focus on defining high-grade manto mineralization around existing Platosa resources and will also continue to define structural controls within the resource that may lead to further discoveries of manto and feeder-style mineralization. Surface drilling is currently on hold, pending ongoing permitting of drill pads and is expected to recommence later this year.

Excellon's shares closed Tuesday's session at $1.53 apiece.

Price: 1.53, Change: 0, Percent Change: 0

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