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Excellon Drills 1.37 g/t Gold over 81.2 Metres Including 2.77 g/t Gold over 15.6 Metres at Kilgore Project
Toronto, Ontario--(Newsfile Corp. - May 7, 2024) - Excellon Resources Inc. (TSX: EXN) (FSE: E4X2...
About this update from Excellon Resources Inc.
[{"type":"text","content":"Excellon Drills 1.37 g/t Gold over 81.2 Metres Including 2.77 g/t Gold over 15.6 Metres at Kilgore ProjectToronto, Ontario--(Newsfile Corp. - May 7, 2024) - Excellon Resources Inc. (TSX: EXN) (FSE: E4X2) (\"Excellon\" or the \"Company\") is pleased to announce further drill results from the 2022 exploration program at its 100% owned Kilgore Project (\"Kilgore\") in Idaho, USA.Final results from 2022 drill program released, including:1.37 g/t Au over 81.21 metres in EX22KG004, including 2.77 g/t Au over 15.64 metres and 5.28 g/t Au over 5.54 metres, confirming high-grade mineralization in the Aspen sediments.0.53 g/t Au over 56.24 metres in EX22KG005, including 2.91 g/t Au over 1.45 metres, successfully testing extension of the existing mineralized envelope to the southwest.0.74 g/t Au over 115.60 metres in EX2KG001, including 26.50 g/t Au over 0.65 metres, improving definition of the mineralized envelope.Information will be included on future resource and geological modelling to further refine targets.\"Today's announcement is two-fold: we have successfully confirmed mineralization in an area of Kilgore previously underdrilled, returning grade-intervals inline with the current Mineral Resource Estimate cut-off and potentially further extending mineralization to the southwest of the deposit,\" stated Shawn Howarth, President and CEO. \"We have also intersected mineralization in the Aspen sediments, where we are focusing on the potential for higher-grade zones. The information announced today will help us to better understand grade contouring and will be used in future resource modelling and exploration drill programs.\" Exploration Results:The 2022 drill program comprised six diamond drill holes totalling 2,145 metres with oriented core and detailed sampling to improve structural understanding of high-grade mineralization and potential. A summary of the selected holes is provided below:EX22KG001: A confirmation drillhole within the current mineral resource envelope identified by previous drilling. A more detailed sampling was conducted, identifying a high level of grade variability, and control of mineralization by narrow jarosite-filled structures and high-grade vein stockwork. Mineralization returned was previously reported in the Company's press release dated December 6, 2022, and is summarized in Table 1 below.EX22KG003: Dril...