MiningNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FRA: E4X2) Releases Production Results for Q4, FY2021

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FRA: E4X2) has shared production numbers for its Platosa Mine project, located in Durango, Mexico. Highlights of the report note that compared to 2020, silver equivalent production has increased 25%, from 1.6 million AgEq oz. to 2 million AgEq oz; that number specifically comes from an increase in silver, lead and zinc production throughout 2021. For the fourth quarter, AgE1 production decreased 12% compared to 2020 overall. Despite that decline, the announcement noted that consistent throughput continued during Q4, which was the sixth consecutive quarter of more than 20,000 tons mined and milled from Platosa since Excellon restarted operations on the project in Q2 2020. “Our Mexican operations delivered records for mined and processed tonnage in 2021, along with the most silver ounces produced since 2013,” said Excellon Resources president and CEO Brendan Cahill in the press release. “During Q4, we realized lower production than the very strong Q4 2020 quarter, primarily due to lower ore grades and partially due to seasonal impacts on processing and delivery schedules.  At Platosa, we continue work to assess 2022 mine plans and outlook.”

To view the full press release, visit https://ibn.fm/rFp4B

About Excellon Resources Inc.

Excellon Resources has a vision to create wealth by realizing strategic opportunities through discipline and innovation for the benefit of its employees, communities and shareholders. The company is advancing a precious metals growth pipeline that includes the following: Platosa, a high-grade silver mine producing in Mexico since 2005; Kilgore, an advanced gold exploration project in Idaho with strong economics and significant growth and discovery potential; and an option on Silver City, a high-grade epithermal silver district in Saxony, Germany, with 750 years of mining history and no modern exploration. The company also aims to continue capitalizing on current market conditions by acquiring undervalued projects. For more information about the company, please visit www.ExcellonResources.com.

NOTE TO INVESTORS: The latest news and updates relating to EXN are available in the company’s newsroom at https://ibn.fm/EXN

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (U.S. Mobile Phones Only)

For more information, please visit https://www.miningnewswire.com

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.miningnewswire.com/Disclaimer

MiningNewsWire
Los Angeles, California
www.miningnewswire.com
310.299.1717 Office
Editor@MiningNewsWire.com

MiningNewsWire is part of the InvestorBrandNetwork.

Lacey@MNW

Share
Published by
Lacey@MNW

Recent Posts

MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Amends Payment Schedule for Iska Iska Interest, Updates Adjacent Property Agreement

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) has reached a mutual agreement with Empresa…

3 hours ago

MiningNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Doubles Montauban Facility Footprint to Support Gold and Silver Production Ramp-Up 

ESGold (CSE: ESAU) (OTCQB: ESAUF) announced the expansion of its Montauban Project mine building from…

22 hours ago

MiningNewsBreaks – Powering AI: Nicola Mining Inc.’s (TSX.V: NIM) (OTCQB: HUSIF) Copper Project Aligns with Data Center Surge

As artificial intelligence (“AI”) continues to revolutionize industries, the infrastructure supporting its growth has become…

4 days ago

MiningNewsBreaks – Latin Metals Inc. (TSX.V: LMS) (OTCQB: LMSQF) Secures 100% Ownership of Cerro Bayo Silver-Gold Project

Latin Metals (TSX.V: LMS) (OTCQB: LMSQF) announced it has signed an amended agreement to acquire…

4 days ago

MiningNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Advancing Strategic Path in Resurging Market

Platinum Group Metals (NYSE American: PLG) (TSX: PTM) is well positioned as platinum and palladium prices…

5 days ago