{"id":1166338,"date":"2020-02-18T15:48:48","date_gmt":"2020-02-18T21:48:48","guid":{"rendered":"https:\/\/www.mining.com\/?p=1014243"},"modified":"2020-02-18T15:48:48","modified_gmt":"2020-02-18T21:48:48","slug":"excellon-expands-high-grade-zones-at-mexico-silver-properties-stock-jumps","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1166338","title":{"rendered":"Excellon expands high-grade zones at Mexico silver properties, stock jumps"},"content":{"rendered":"<p>Excellon Resources (TSE:EXN) has released exploration results from its Evolucion and Platosa properties in Durango, Mexico, reporting high-grade intercepts at both assets.<\/p>\n<div class='d-flex justify-content-center d-xs-block d-sm-block d-md-none'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<p>At Platosa, host to an operating underground mine, drilling from surface intersected 6.6 metres of 1,757 g\/t silver-equivalent at the NE-1S Manto, nearby existing mine workings. Excellon has started additional drilling underground to fill in gaps between future production horizons.<\/p>\n<p>Regional work at Platosa was focused on the Jaboncillo target where 20 holes testing 1,200 metres of strike intersected a hydrothermal alteration system, potentially representing the peripheral part of a carbonate replacement deposit (CRD) system.<\/p>\n<p>The Evoluci\u00f3n property covers 45,000 hectares\u00a0(450 km2)\u00a0and 35 kilometres of strike in one of the world\u2019s premier silver districts.<\/p>\n<figure class=\"wp-block-pullquote alignright\">\n<blockquote>\n<p>Excellon has also identified the Loma de las Minas and Laika targets at the Evolucion property with follow-up work planned for this year<\/p>\n<\/blockquote>\n<\/figure>\n<p>At Evoluci\u00f3n, 220 km south of Platosa, drilling intersected high-grade mineralization and expanded the Lechuzas zone to 850 metres along strike and 750 meters down dip. Drill highlights include 18.7 metres of 103 g\/t silver-equivalent and 4.5 metres of 244 g\/t silver-equivalent. Excellon plans to incorporate these results into an initial mineral resource estimate for Lechuzas.<\/p>\n<p>Evoluci\u00f3n is host to a 800 t\/d mill, which processes ore from the Platosa mine and has spare capacity. Excellon has also identified the Loma de las Minas and Laika targets at the Evolucion property with follow-up work planned for this year.<\/p>\n<p>Last year, Excellon produced 2 million oz. of silver-equivalent with Platosa head grades of 497 g\/t silver, 4.82% lead and 6.93% zinc.<\/p>\n<p>At market close Tuesday, Excellon&#8217;s stock was up nearly 9% on the TSE. The day&#8217;s trading volume reached over 234,000, over double the average. The company has a C$94 million market capitalization. <\/p>\n<\/p>\n<p><em>(A version of this article first appeared in the <\/em><a rel=\"noreferrer noopener\" href=\"http:\/\/www.canadianminingjournal.com\/\" ><em>Canadian Mining Journal<\/em><\/a><em>)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last year, Excellon produced 2 million oz. of silver-equivalent.<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[369],"tags":[43],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1166338"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1166338"}],"version-history":[{"count":1,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1166338\/revisions"}],"predecessor-version":[{"id":1166339,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1166338\/revisions\/1166339"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1166338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1166338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1166338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}