NetworkNewsBreaks – Excellon Resources Inc. (NYS
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Posted On: 11/02/2021 4:12:56 PM
NetworkNewsBreaks – Excellon Resources Inc. (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) Well Primed to Serve Burgeoning Precious Metals Market
Excellon Resources (NYSE American: EXN) (TSX: EXN) (FSE: E4X2), a silver and base metals producer with precious metals projects in Mexico, Idaho and Germany, has employed a world-class leadership team with a proven track record to capitalize on positive trends in the precious metals space even as the results of the market’s increasingly optimistic outlook on silver’s prospects are seen in North America, Europe and Asia. A six-story high warehouse near Singapore’s Changi airport, which currently holds around 400 tons of silver, is expected to store as much as 15,000 tons once complete, indicating the potential that the market currently attributes to the precious metal. Through buying activity, the London Bullion Market Association (“LBMA”) grew the value of silver stored in its vaults to a record ~$30 billion, while North America’s JM Bullion recently inaugurated their new 25,000 square-foot silver warehouse in Dallas. “Notably, silver’s prospects are simultaneously being driven by strong industrial demand across a myriad of sectors in the global economy,” reads a recent article. “Positioned well with its portfolio of production and exploration resource projects spanning North America and Europe, Excellon Resources is well primed to serve the burgeoning market.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Excellon Resources (NYSE American: EXN) (TSX: EXN) (FSE: E4X2), a silver and base metals producer with precious metals projects in Mexico, Idaho and Germany, has employed a world-class leadership team with a proven track record to capitalize on positive trends in the precious metals space even as the results of the market’s increasingly optimistic outlook on silver’s prospects are seen in North America, Europe and Asia. A six-story high warehouse near Singapore’s Changi airport, which currently holds around 400 tons of silver, is expected to store as much as 15,000 tons once complete, indicating the potential that the market currently attributes to the precious metal. Through buying activity, the London Bullion Market Association (“LBMA”) grew the value of silver stored in its vaults to a record ~$30 billion, while North America’s JM Bullion recently inaugurated their new 25,000 square-foot silver warehouse in Dallas. “Notably, silver’s prospects are simultaneously being driven by strong industrial demand across a myriad of sectors in the global economy,” reads a recent article. “Positioned well with its portfolio of production and exploration resource projects spanning North America and Europe, Excellon Resources is well primed to serve the burgeoning market.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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