Agoracom: Small Cap Investment - Excellon Resources - Excellon earns $1.87-million (U.S.) in Q1

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Excellon earns $1.87-million (U.S.) in Q1

posted on Apr 30, 2014 12:40AM

Excellon earns $1.87-million (U.S.) in Q1

2014-04-29 16:16 ET - News Release

Mr. Brendan Cahill reports

EXCELLON REPORTS NET EARNINGS OF $1.9-MILLION FROM FIRST QUARTER 2014

Excellon Resources Inc. has released financial results for the three-month period ended March 31, 2014.

First quarter 2014 highlights:

Ore production during the first quarter was primarily from the 6A and Guadalupe (North, Main and South) mantos, though production from the 6A Manto was limited during January and February as water was managed in that area. Grades during the quarter were generally in line with estimates for the Platosa mineral resources mined during the period. The Company expects to develop into higher grade mantos in the 623, 6A and Rodilla mantos later in 2014.

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