Excellon resumes drill program at La Platosa
2014-06-25 07:08 ET - News Release
Mr. John Sullivan reports
EXCELLON RESUMES DRILLING AT LA PLATOSA
Excellon Resources Inc. has resumed diamond drilling at its 100-per-cent-owned La Platosa mine located in Durango state, Mexico.
Highlights of the continuing exploration program include:
A 10,000-metre diamond drill program has also been approved for the remainder of the year and commenced last week. Drilling will focus on manto targets developed by the seismic survey and otherwise by company geologists during recent months, and on the Rincon del Caido discovery made in 2012, one kilometre northwest of the La Platosa mine. Significant potential remains for further new manto discoveries as the deposit is open to the north, northeast, east and southeast of the known mantos.
The company believes that the Rincon discovery is on the edge of the source of the Platosa carbonate replacement deposit system and may also be related to the Platosa mantos. To date, Excellon has drilled 13 significant intersections in the Rincon-Mantos corridor northwest of the La Platosa mine.
RINCON-MANTOS CORRIDOR INTERSECTIONS
DDH Interval Interval Interval Silver Lead Zinc Gold
No. from (m) to (m) width (m) (g/t) (%) (%) (g/t)
LP1019 516.70 572.16 55.46 132 3.13 1.74 0.075
incl. 546.83 549.80 2.97 236 7.18 5.46 0.146
and 562.73 566.00 3.27 264 10.41 7.59 0.041
LP1023A 513.00 515.00 2.00 610 3.08 0.11 0.571
and 525.65 569.05 43.40 146 2.76 1.85 0.216
incl. 530.60 536.40 5.80 381 10.63 11.51 0.354
LP1030 498.90 509.23 10.33 185 5.22 5.58 0.478
and 579.27 581.02 1.75 444 8.81 5.97 0.067
and 590.04 596.72 6.68 409 10.23 8.37 0.114
LP1038 491.80 499.05 7.25 21 0.74 3.57 13.066
incl. 497.10 499.05 1.95 72 2.40 11.74 39.430
Qualified persons
John Sullivan, vice-president, exploration, is responsible for the company's exploration programs and has supervised the preparation of the technical information, which is disclosed in this press release. He has acted as the qualified person, as defined in National Instrument 43-101, for this disclosure.
