MiningNewsBreaks – Excellon Resources Inc. (TSX: EXN) (TSX: EXN.WT) (NYSE: EXN) (FRA: E4X2) Announces Results from Platosa Mine Drilling

Excellon Resources (TSX: EXN) (TSX: EXN.WT) (NYSE: EXN) (FRA: E4X2) has released the results of its recent underground expansion and exploration drilling project at its Platosa Mine in Durango, Mexico. The project is designed to define and discover new mineralization in the Gap Zone, an area of the Platosa deposit that has never before been effectively drilled from the surface. The area has 300 meters of potential mineralized strike to be explored. Results of the drilling indicate a significant opportunity to add additional mineralization along a target approximately 300 meters along strike with a vertical extent of 30 to 40 meters. In the announcement, the company indicated this will be a priority for its 2021 program. “Definition and expansion drilling continues to deliver from underground at Platosa,” said Excellon senior VP of geology and corporate development Ben Pullinger in the press release. “We have two rigs turning underground right now, with a number of targets to follow-up on. A critical target is the ‘Gap Zone,’ an area of potential sub-vertical mineralization that was never properly drilled historically from surface and that is open to our developing 10–20 target, 300 metres away. This area represents a significant opportunity to define additional mineralization at Platosa.”

To view the full press release, visit https://ibn.fm/tJY0H

About Excellon Resources Inc.

The vision of Excellon Resources is to create wealth by realizing strategic opportunities through discipline and innovation for the benefit of our employees, communities and shareholders. The company is advancing a precious metals growth pipeline that includes the following: Platosa, Mexico’s highest-grade silver mine since production commenced in 2005; Kilgore, a high-quality gold development 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.

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.