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NetworkNewsBreaks – Excellon Resources Inc. (TSX

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Post# of 95
(Total Views: 319)
Posted On: 04/15/2021 4:16:23 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – Excellon Resources Inc. (TSX: EXN) (TSX: EXN.WT) (NYSE: EXN) (FRA: E4X2) Releases Q1 Production Results from Platosa Project

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) has announced production results from its Platosa Mine located in Durango, Mexico; the results include results from first quarter 2021 compared to first quarter 2020. Highlights of the report include silver production increase of 11% to 328,747 oz. compared with 296,281 oz. in 2020, lead production increase of 11% to 2.1 million lb. compared to 1.9 million lb. in 2020, and zinc production increase of 13% to 2.4 million lb. compared to 2.1 million lb. in 2020. The announcement noted that overall production in Q1 2021 as changes and enhancements implemented last year continued to be refined. Those changes included modified mining methods and shift schedules as well as improved water pumping. The company also noted plant improvements made during the quarter, which included rebuilt flotation cells and drying filters as well as improved adjusted floor operations, which have begun to stabilize and enhance zinc recovery. “We continue to see improved production from Platosa after the changes we made in mid-2020, with our third consecutive quarter of more than 21,000 tonnes mined,” said Excellon Resources president and CEO Brendan Cahill in the press release. “The mine is reaching a good steady state of production, though we continue to see opportunities to improve mill recoveries.”

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