Excellon Resources Inc. is announcing that its Board of Directors has approved the voluntary delisting of the Excellon common shares from the NYSE American stock market and the deregistration with the U.S. Securities and Exchange Commission . Excellon has notified the NYSE American of its intention to voluntary delist the Excellon Shares from the NYSE American. The Company currently anticipates that it will file with the [...]
Excellon Resources Inc. is pleased to announce that it has entered into a definitive acquisition agreement to acquire the permitted, past-producing La Negra Mine located in Querétaro State, Mexico from Dalu S. à r.l. , an entity owned by an investment fund managed by Orion Resource Partners for aggregate consideration of US$50 million paid through upfront payments totalling US$20m, payable in common shares of the Company [...]
Excellon Resources Inc. is pleased to announce initial drill results from the recently completed 2022 exploration program at its Kilgore Project in Idaho, USA. The 2022 Kilgore drill program was composed of six oriented diamond drill holes totalling 2,145 metres. The first hole reported an intercept of 0.74 g/t Au over 115.60 meters , including 1.07 g/t Au over 26.93 metres and 26.5 g/t Au over 0.65 metres. The Kilgore [...]
Excellon Resources Inc. is pleased to report financial results for the three- and nine-month periods ended September 30, 2022. Q3 2022 Financial and Operational Highlights Revenues of $7.0 million , impacted by lower base metal grades and provisional repayments due to lower metal prices Production cost per tonne decreased 26% to $208 per tonne Total cash cost net of by-products per silver ounce payable decreased 11% to [...]
Excellon Resources Inc. is pleased to provide an update on ongoing value-driving initiatives.1 Ongoing initiatives: Evaluating a spin-out of Excellon's highly prospective Silver City Project in Saxony, Germany to Excellon shareholders as a new growth-focused greenfields exploration company . Pursuing acquisition opportunities with potential to further enhance value through Excellon's operating experience, particularly in [...]
Excellon Resources Inc. and is pleased to report that shareholders voted in favour of all items of business at the Company's 2022 Annual General and Special Meeting held on August 12, 2022 . Detailed results from the election of directors are set out below: Director FOR % FOR Withheld % Withheld Laurence Curtis 5,312,651 95.388 256,873 4.612 Roger Norwich 5,336,748 95.821 232,776 4.179 Craig Lindsay 5,339,707 95.874 [...]
Excellon Resources Inc. is pleased to report financial results for the three- and six-month periods ended June 30, 2022. Q2 2022 Financial and Operational Highlights Revenues of $7.8 million , impacted by lower base metal production and provisional repayments due to lower metal prices Production cost per tonne decreased 11% to $244 per tonne Total cash cost net of by-products per silver ounce payable increased 15% to [...]
Excellon Resources Inc. is pleased to announce that is has begun a 5,000 metre diamond drilling program on the Kilgore Project in Idaho, USA and to provide an update on 2022 exploration plans. Highlights Initial 5,000 m drill program underway on high-priority targets at Mine Ridge and Prospect Ridge - following up on high-grade gold mineralization encountered in historical drilling and exploring beyond the resource [...]
Excellon Resources Inc. and is pleased to announce Q2 2022 production results from the Platosa Mine in Durango. Q2 2022 Production Silver-equivalent production of 545,444 oz, including: Silver production of 307,494 oz Lead production of 1.6 million lb Zinc production of 2.1 million lb "We realized a solid quarter of production from Platosa in Q2," stated Brendan Cahill, President and Chief Executive Officer. "As we reach [...]
Excellon Resources Inc. is pleased to announce the filing of an updated independent technical report for the Silver City Project in Saxony Germany, which has been prepared in accordance with National Instrument 43-101 . A copy of the Technical Report is available on both SEDAR and the Company's website. Recommendations from the Technical Report The author of the Technical Report, Mr. Michael J. Robertson, Pr.Sci.Nat [...]
Excellon Resources Inc. and is pleased to announce that the NYSE American LLC has accepted the Company's plan to regain compliance with the continued listing standards set forth in Sections 1003 of the NYSE American Company Guide. Excellon submitted its plan on May 31, 2022, and has been granted a plan period through October 30, 2023. As previously reported on May 5, 2022, Excellon was notified by the NYSE American that [...]
Excellon Resources Inc. is pleased to announce the appointment of Shawn Howarth to the role of President and Chief Executive Officer, effective July 28, 2022. Mr. Howarth will be appointed to the Board following the Company's Annual General & Special Meeting on August 12, 2022. Mr. Howarth has over 22 years' experience in the mining industry spanning project evaluation, corporate finance, stakeholder relations and [...]
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