NetworkNewsBreaks – Excellon Resources Inc. (TSX
Post# of 95
Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2), a silver and base metals producer with operations in Mexico and precious metal exploration projects in Mexico, Idaho and Germany, has been granted three additional exploration licenses for Frauenstein, Mohorn and Oederan by the Saxon Mining Authority for its Silver City Project. The licenses mean that the project’s size has doubled to 34,150 hectares. “Excellon also holds an option to acquire a 100% interest in the Bräunsdorf license on the Silver City Project from Globex Mining Enterprises Inc. (TSX: GMX) (OTCQX: GLBXF) (FRA: G1MN),” reads a recent article. The Silver City Project is located in a district with a long history of high-grade silver production. “Records from the project indicate high-grade silver production over substantial widths throughout the district.”
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