Excellon Resources Inc. logo

Excellon Resources Inc. (EXN)

Market Closed
27 Jul, 20:00
AMEX AMEX
$
0. 21
-0.01
-3.5796%
$
9.64M Market Cap
- P/E Ratio
- Div Yield
121,969 Volume
- Eps
$ 0.22
Previous Close
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Day Range
0.2 0.23
Year Range
0.16 0.56
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Excellon Resources eyes Mallay restart pending Q4 drilling, updated resource estimate

Excellon Resources eyes Mallay restart pending Q4 drilling, updated resource estimate

Excellon Resources Inc (TSX:EXN, OTCQB:EXNRF) has provided an update on its efforts to restart the past-producing Mallay silver-lead-zinc mine in Peru, along with reporting its third quarter financial results. Excellon highlighted the completion of Phase One rehabilitation at Mallay, which included more than 2,800 metres of underground access restoration across the 4090 and 4150 levels.

Proactiveinvestors | 8 months ago
Excellon moves closer to restarting Peru's Mallay mine after rehabilitation work

Excellon moves closer to restarting Peru's Mallay mine after rehabilitation work

Excellon Resources Inc (TSX:EXN, OTCQB:EXNRF) is preparing for a possible restart of operations at its Mallay silver-lead-zinc mine in Peru after completing the first stage of rehabilitation work and beginning preparations for definition drilling. The company said more than 2,800 metres of mine access have been rehabilitated across the 4090 and 4150 levels, while dewatering below the 4090 level is underway to support additional drilling and operations restart planning.

Proactiveinvestors | 9 months ago
Excellon Resources launches C$8M private placement to advance Mallay Mine

Excellon Resources launches C$8M private placement to advance Mallay Mine

Excellon Resources Inc (TSX:EXN, OTCQB:EXNRF) has announced a brokered private placement of up to 40 million common shares at C$0.20 per share, targeting gross proceeds of up to C$8 million. The financing is being led by Red Cloud Securities and Velocity Trade Capital as co-lead agents and joint bookrunners.

Proactiveinvestors | 11 months ago
Excellon Resources begins rehabilitation work at Mallay Silver Mine in Peru

Excellon Resources begins rehabilitation work at Mallay Silver Mine in Peru

Excellon Resources Inc (TSX:EXN, OTCQB:EXNRF) announced that it has mobilized a mining contractor and commenced underground rehabilitation activities at its Mallay Silver Mine in Peru. The company said the work is a key step in its plan to restart operations at the past-producing mine and return to silver production.

Proactiveinvestors | 1 year ago
Excellon Resources has ‘captured lightning in a bottle' with Peru assets, analysts say

Excellon Resources has ‘captured lightning in a bottle' with Peru assets, analysts say

Excellon Resources Inc (TSX:EXN, OTCQB:EXNRF) shares moved higher as silver prices hit a 13-year high and as Red Cloud Securities initiated coverage on the silver miner with a ‘Buy (speculative)' and a C$0.52 price target.  Shares of Excellon added 15.4% at C$0.38 in the early afternoon on Friday.

Proactiveinvestors | 1 year ago
Excellon Resources appoints veteran mining executive to board

Excellon Resources appoints veteran mining executive to board

Excellon Resources Inc (TSX:EXN, OTCQB:EXNRF) said on Thursday it has appointed seasoned mining executive Mike Hoffman to its board of directors, bringing more than three decades of experience in engineering, operations, and project development across the Americas, as the company advances its Mallay project in Peru. Hoffman currently holds board positions at several mining companies, including NiCan Limited and Fury Gold Mines, and previously served as CEO of Crocodile Gold, Crowflight Minerals, and Kria Resources.

Proactiveinvestors | 1 year ago
Excellon Resources closes acquisition of Mallay Silver Mine in Peru

Excellon Resources closes acquisition of Mallay Silver Mine in Peru

Excellon Resources Inc (TSX:EXN, OTCQB:EXNRF) announced that it has completed its acquisition of Minera CRC S.A.C., a Peruvian company holding 100% ownership of the Mallay Silver Mine and the adjacent Tres Cerros gold-silver exploration property.

Proactiveinvestors | 1 year ago
Excellon Resources advances offtake-linked financing for Mallay Silver Mine restart

Excellon Resources advances offtake-linked financing for Mallay Silver Mine restart

Excellon Resources Inc (TSX:EXN, OTCQB:EXNRF) has reported progress in securing offtake-linked financing to support the restart of operations at the Mallay Silver Mine in Peru. The company has received multiple non-binding proposals from leading trading houses for zinc and lead concentrate offtake agreements.

Proactiveinvestors | 1 year ago
Excellon Resources confirms high-grade gold-silver system at Tres Cerros

Excellon Resources confirms high-grade gold-silver system at Tres Cerros

Excellon Resources Inc (TSX:EXN, OTCQB:EXNRF) announced that new assay results from the Tres Cerros gold-silver project in Peru have confirmed the presence of a high-grade sulfidation epithermal system. Assays have confirmed gold values reaching 9.313 grams per ton (g/t) and silver grades exceeding 1,000 g/t.

Proactiveinvestors | 1 year ago
Excellon Resources advances acquisition of past-producing Malley Silver Mine

Excellon Resources advances acquisition of past-producing Malley Silver Mine

Excellon Resources Inc (TSX:EXN, OTCQB:EXNRF) announced that it has finalized an agreement to acquire Minera CRC SAC, the owner of the past-producing Mallay Silver Mine and the Tres Cerros exploration property in Peru. This deal, reached with Adar Mining Corp and Premier Silver Corp, ensures Excellon will take full ownership of Minera CRC through a court-supervised process designed to resolve prior disputes.

Proactiveinvestors | 1 year ago
Excellon Resources eyes silver production by year-end at newly acquired Peru project - ICYMI

Excellon Resources eyes silver production by year-end at newly acquired Peru project - ICYMI

Excellon Resources Inc (TSX:EXN, OTCQB:EXNRF) CEO Shawn Howarth talked with Proactive about the company's latest developments, including its recent acquisition of a past-producing silver mine in Peru. The mine, previously operated by Buenaventura from 2012 to 2018, has seen an investment of approximately $115 million in infrastructure, with 50 km of underground development.

Proactiveinvestors | 1 year ago
Excellon Resources secures funds for Peru silver mine acquisition

Excellon Resources secures funds for Peru silver mine acquisition

Excellon Resources Inc (TSX:EXN, OTCQB:EXNRF) has closed an initial financing of approximately C$3.79 million to support its proposed acquisition of the Mallay silver mine and Tres Cerros gold-silver project in Peru. The Mallay Silver Mine, previously operated by Buenaventura from 2012 to 2018, received $115 million in historical investment and produced over 18 million silver-equivalent ounces before being placed on care and maintenance due to low silver prices.

Proactiveinvestors | 1 year ago
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