NetworkNewsBreaks – Excellon Resources Inc. (NYS
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Excellon Resources (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) is actively working to reignite the Saxony region’s proud and storied history, which has long been synonymous with silver mining. According to Ben Pullinger, SVP Geology and Corporate Development for Excellon, Saxony has become an important jurisdiction for the company over that past year. “In mid-2020, Excellon announced that it had entered into a research and development alliance with the Helmholtz Institute Freiberg (‘HIF’). The company’s team seeks to apply modern exploration technology on the historically significant Silver City mineral field in Saxony, Germany,” reads a recent article. Excellon, which holds an option to acquire a 100% interest in the historically productive 16,500-hectare Bräunsdorf license on the Silver City Project, carried out initial drilling in 2020 with results confirming the presence of a high-grade, district-scale epithermal silver system over more than 12 kilometers of strike. “Earlier this year, Excellon announced that, following approval from the Saxon Mining Authority, the company has added three exploration licenses to the Silver City Project — namely, Frauenstein, Mohorn and Oderan, doubling the size of the project to 34,150 hectares.”
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