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Excellon Aiming for Lower End of Production Guidance in 2015
Oct. 23, 2015 04:30PM PST
Silver InvestingExcellon Resources Inc. (TSX:EXN) released Q3 production results from its Mexico-based Platosa mine. Silver equivalent output came to 419,583 ounces, down from 455,150 in the year-ago quarter.
Excellon Resources Inc. (TSX:EXN) released Q3 production results from its Mexico-based Platosa mine. Silver equivalent output came to 419,583 ounces, down from 455,150 in the year-ago quarter.
Other production highlights are as follows:
- Silver production of 241,872 oz (Q3 2014 – 216,379 oz)
- Lead production of 1.3 million lb (Q3 2014 – 1.7 million lb)
- Zinc production of 2.1 million lb (Q3 2014 – 2.7 million lb)
Brendan Cahill, president and CEO of Excellon, commented:
The third quarter saw improved production with better grades and an improved cost profile. We are aiming for the lower end of our production targets for the year due to the delay in the implementation of the optimization plan for Platosa. The optimization plan continues to be the Company’s top priority, with our technical teams currently working to improve the project’s efficacy and cost. We expect to provide an update on the optimization plan shortly.
Click here to read the full Excellon Resources Inc. (TSX:EXN) press release.
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