By Peter Spina
SilverSeek
When your company only has one mine, that one mine had better be a good one. For Excellon Resources, their only mine just so happens to be the highest-grade silver producer in Mexico, as well as one of the lowest-cost operations in the country.
As of now, Excellon’s Platosa mine, consisting of several carbonate-replacement manto deposits, has a resource of 484,000 measured and indicate tonnes grading no less than 777 g/t silver, plus 8.42% lead and 10.15% zinc, for a 1,277 g/t silver equivalence. That makes for about 20 million silver equivalent ounces in less than half-a-million tonnes of rock.
Along with grades, the mine benefits from great infrastructure including grid power, a national highway close by, and the sizable city of Torreon with its international airport only 55 km away.