Excellon Increases Production to 500,763 Silver Equivalent Ounces in Q3 2017

Oct. 16, 2017 08:21AM PST

Excellon Resources (TSX: EXN) (TSX: EXN.WT) (OTC: EXLLF) (“Excellon” or the “Company”) is pleased to announce third quarter 2017 production results from the Platosa Mine in Durango, Mexico. Brendan Cahill, President and CEO said: “The turnaround in production at Platosa was clearly evident during the third quarter, with significantly improved tonnage-per-day, grades and costs. All-in sustaining cost decreased during the quarter …

“The turnaround in production at Platosa was clearly evident during the third quarter, with significantly improved tonnage-per-day, grades and costs. All-in sustaining cost decreased during the quarter to approximately $11-$13 per payable silver ounce.
We are now well positioned to continue ramping up production from four mantos through the fourth quarter and to realize a further decrease in AISC and increase in cash flow.”

Production increased during the quarter as the Optimization Plan resulted in dry mining conditions. During July and August, production was primarily from multiple faces on the 730 heading in the Rodilla Manto and the 795 heading in the Guadalupe South Manto.

Click here to read the full text release.