Company Updates From Management – Wed 24 Mar, 2021

Excellon Resources – A recap of the 2020 Financial results and high grade silver results at Platosas

Brendan Cahill, President and CEO of Excellon Resources (TSX:EXN – NYSE:EXN) joins me to provide a recap of recent news including the year end 2020 and Q4 financial results, high grade silver drill results from Platosas, and the doubling of it’s land package at the Silver City Project.

We touch on a couple key financial metrics, that all improved from the prior year. Then we discuss the best drill results in a couple years at the Platosas project as well as recap the overall drill program. We wrap up the interview with the news outlining the doubling of the land package at the Silver City Project.

If you have any follow up questions for Brendan please email me at Fleck@kereport.com.

Click here to visit the Excellon website for a recap of the recent news releases.


Comments:
  1. On March 24, 2021 at 9:12 am,
    bonzo says:

    Bonzo bought TLRS at the opening price of .2588 today as well as WRMCF at the opening price of .46

    • On March 24, 2021 at 10:57 am,
      RICHARD/DOC says:

      Bonzo, you are a buying machine!

      • On March 24, 2021 at 11:50 am,
        bonzo says:

        Doc, we should get while the getting is good. When gold is at 8K we’ll be glad we bought these mining plays. Do you own TLRS or WRMCF?

        • On March 24, 2021 at 2:44 pm,
          RICHARD/DOC says:

          I do not—-I don”t even know what WRMCF is.

          • On March 24, 2021 at 3:07 pm,
            bonzo says:

            WRMCF is White Rock Minerals, a company with good properties in Alaska and Australia.
            I bought it last summer @ .38 and more today @.46

  2. On March 24, 2021 at 9:33 am,
    cfs says:

    Kaizen Discovery Provides Exploration Update for the Pinaya Copper-Gold Project in Peru
    2021-03-24 12:23 ET – News Release
    Planning underway for drilling of shallow gold targets
    HPX’s deep-penetration induced polarization survey to search for porphyry copper-gold mineralization
    Historic drilling in the Pinaya Mineral Resource area intersected several significant copper-gold mineralized zones including 84 metres grading 1.11% Cu and 2.11 g/t Au in PDH-0392 and 103 metres grading 1.21% Cu and 1.28 g/t Au in PDH-060

  3. On March 24, 2021 at 9:42 am,
    cfs says:

    Metals drills eight m of 860 g/t Ag at Langis
    2021-03-24 08:06 ET – News Release
    Mr. Gary Thompson reports
    BRIXTON METALS DRILLS 8M OF 860 G/T SILVER, 0.17% COBALT WITHIN 31M OF 272 G/T AG, 0.05% CO AT ITS LANGIS PROJECT, ONTARIO

    • On March 24, 2021 at 1:03 pm,
      Excelsior says:

      That”s a nice 8 meter hit by Brixton at Langis.

      • On March 25, 2021 at 7:57 am,
        Dan, calgary says:

        Except this is the Index it trades on and the index appears to be in free fall for a bit. I have never seen an Index that can be more hated than this one.

        https://www.bnnbloomberg.ca/markets/venture

        BTW, Canada’s supreme court has decided 6 to 3 of 9 that a national carbon tax is constitutional.

  4. On March 24, 2021 at 9:47 am,
    cfs says:

    Contact drills 19.6 m of 1.53 g/t Au at Green Springs
    2021-03-24 07:39 ET – News Release
    Mr. Matt Lennox-King reports
    CONTACT GOLD DRILLS 1.53 G/T OXIDE GOLD OVER 19.6 METRES AT GREEN SPRINGS GOLD PROJECT, NEVADA
    Contact Gold Corp. has released results for three more drill holes completed at the southern end of the mine trend during the 2020 drill program at the Green Springs gold property, Nevada.

  5. On March 24, 2021 at 1:02 pm,
    Excelsior says:

    Good overview on (EXN) Excellon Resources today and that was interesting to hear about the smelter treatment charges going up so much, which impacts their AISC. At least they have a mining strategy to keep working on bringing their costs down, and overall their production throughput, revenues, and other operational metrics were quite positive in the 4th quarter of 2021. What I like is that their Platosa mine, generates enough to fund their exploration around Platosa, in Germany at Silver City, in Idaho at their Kilgore Gold project, and at Evolucion. I’m far more excited about the exploration upside at Excellon, than I am about their production, similar to how view Impact Silver.

  6. On March 24, 2021 at 3:50 pm,
    Excelsior says:

    Also a nice Silver drill hit out today from Silver Tiger:

    (SLVR)(SLVTF) Silver Tiger Intersects 1.6 meters Grading 1,355.4 g/t AgEq in the Sooy Vein and 2.3 meters of 870.7 g/t AgEq in the Sooy Footwall Zone in Hole ET-21-213

    by @accesswire on 23 Mar 2021

    https://ceo.ca/@accesswire/silver-tiger-intersects-16-meters-grading-13554

  7. On March 25, 2021 at 1:23 am,
    Excelsior says:

    Soar Financial – #SFLive​ Ep 151 with Dore Copper Mining Corp. (TSX.v: DORE) CEO Ernest Mast to discuss the project acquisition in Quebec, dewatering plans & the recent financing.

    https://youtu.be/LWPmJmUlIbk?t=242

  8. On March 25, 2021 at 4:06 am,
    Excelsior says:

    Silver is the new techo metal and it’s just getting started – Hecla CEO

    Kitco News – Saturday March 20, 2021

    “According to the CEO of the largest silver producer in the U.S., silver’s move is just starting. Friday’s Kitco Roundtable guest was Phillip Baker, CEO of Hecla Mining and he described silver as the new techno metal as its industrial demand continues to grow.”

    “Baker said that the world’s commitment to decarbonizing the global economy by developing clean, renewable energy to producing more electric vehicles, will be an essential pillar of demand for silver. He added that new industrial fabrication could boost silver demand to 600 million ounces in the next 20 years.”

    “[Silver] really is a unique metal. It has characteristics that no other metal has,” he said.

    “Not only is silver demand expected to continue to grow, but Baker said that supply is also reaching its limit as there has not been any significant new mine development in years. He added that if this trend continues, supply will struggle to keep up with demand.”

    https://www.kitco.com/news/2021-03-20/Silver-is-the-new-techo-metal-and-it-s-just-getting-started-Hecla-CEO.html

  9. On March 25, 2021 at 3:24 pm,
    JustTruth says:

    Avoid mining companies run by lawyers. That is my experience. EXN is a junior run by a lawyer. Why not a an experienced mining operator or a GEO or a capital markets pro? Are lawyers proven company builders? Name one.