Excellon Resources
Excellon Resources operates significant mining projects in the United States, Germany, and Mexico, focusing on gold, silver, and polymetallic exploration.
Kilgore Project
Excellon Resources operates the Kilgore Project, a gold mining initiative located in Idaho. This project is characterized by its low-risk profile and high return potential. Notably, it has a post-tax Net Present Value (NPV) of $185 million and an Internal Rate of Return (IRR) of 53%. These figures indicate a strong financial outlook, making it a significant asset in Excellon’s portfolio.
Silver City Project
The Silver City Project is another key operation under Excellon Resources, situated in Saxony, Germany. This high-grade epithermal silver district boasts a long history of mining, spanning over 750 years. The project's historical significance and high-grade mineral deposits make it a valuable venture in Excellon’s mining activities.
Evolución Project
In Mexico, Excellon Resources operates the Evolución Project, a polymetallic exploration initiative covering an area of 31,280 hectares. This project focuses on the exploration of silver, zinc, lead, and gold. The extensive land coverage and diverse mineral targets highlight the project's potential for significant discoveries and developments.
Financial Initiatives
Excellon Resources has recently announced a non-brokered private placement offering aimed at raising up to $1.35 million. Additionally, the company completed a debenture restructuring as part of its broader financial strategy. These initiatives reflect Excellon’s proactive approach to managing its financial health and funding its operations.
Global Mining Operations
Excellon Resources holds exploration and mining projects across multiple countries, including the United States, Germany, and Mexico. This geographical diversification allows the company to leverage a variety of mining opportunities and mitigate risks associated with operating in a single region.