Business
Excellon produces 2.1 million silver equivalent ounces in 2013
TORONTO , Jan. 16, 2014 /CNW/ - Excellon Resources Inc. (TSX:EXN) (OTC:EXLLF) ("Excello...
About this update from Excellon Resources Inc.
[{"type":"text","content":"\n\n\nTORONTO, Jan. 16, 2014 /CNW/ - Excellon Resources Inc. (TSX:EXN) (OTC:EXLLF) (\"Excellon\" or\n the \"Company\"), Mexico's highest grade silver producer, is pleased to announce fourth quarter and annual 2013 production results\n from the La Platosa Mine in Durango, Mexico.\n\n\nQ4 and 2013 Production Highlights\n\n\n\n2.1 million silver equivalent ounces (\"Ag Eq Oz\") produced during 2013\n (Q4 - 545,000 Ag Eq Oz), including: \n\n\n\n1.4 million oz Ag (Q4 - 411,000 oz Ag)\n\n\n7.3 million lb Pb (Q4 - 1.7 million lb Pb)\n\n\n9.9 million lb Zn (Q4 - 1.9 million lb Zn)\n\n\n\nRecord annual produced and milled tonnage of ~70,000 tonnes, including\n record quarterly produced tonnes of ~20,000 tonnes in Q4 \n\n\n\n\"During the latter half of 2013 we began to see the results of our\n continuing efforts to improve and optimize La Platosa production,\"\n stated Brendan Cahill, President and Chief Executive Officer. \"Of\n particular note, during the last two quarters of the year we milled\n almost 38,000 tonnes of ore grading 812 g/t silver for 866,000 silver ounces, demonstrating the potential to\n increase tonnage while maintaining an industry leading grade and cost\n profile.\"\n\n\n\"Our teams at La Platosa and Miguel Auza deserve great credit for the\n significant improvements in production that were realized in the second\n half of the year.  We aim to continue increasing our production profile\n and reducing costs into 2014, while further enhancing the foundation of\n our business - the health and safety of our workers.\"\n\n\nQ4 and 2013 Production Results\n\n\n\n\n\n\n \n\n\nQ4 2013\n\n\nQ4 2012\n\n\n2013\n\n\n2012\n\n\n\n\nTonnes Mined\n\n\n20,481\n\n\n11,139\n\n\n70,490\n\n\n46,495\n\n\n\n\nTonnes Milled\n\n\n21,186\n\n\n11,452\n\n\n69,862\n\n\n48,199\n\n\n\n\nGrades:\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nSilver (g/t)\n\n\n684\n\n\n751\n\n\n718\n\n\n846\n\n\n\n\nSilver (oz/T)\n\n\n19.96\n\n\n21.89\n\n\n20.94\n\n\n24.67\n\n\n\n\nLead (%)\n\n\n5.27\n\n\n6.59\n\n\n6.14\n\n\n6.75\n\n\n\n\nZinc (%)\n\n\n5.08\n\n\n11.21\n\n\n8.00\n\n\n11.81\n\n\n\n\nRecoveries:\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nSilver (%)\n\n\n89.9\n\n\n94.4\n\n\n92.6\n\n\n93.4\n\n\n\n\nLead (%)\n\n\n71.2\n\n\n85.7\n\n\n79.4\n\n\n82.1\n\n\n\n\nZinc (%)\n\n\n75.8\n\n\n83.7\n\n\n80.2\n\n\n84.8\n\n\n\...