Excellon Resources Inc. · TSXV:EXN
Excellon Resources — Investor Presentation (December 2020)
29 slides from Excellon Resources's investor presentation, Dec 8, 2020
Slide 1: Silver City
Silver City December 2020 www.excellonresources.com TSX:EXN, EXN.WT, NYSE:EXN and FRA:E4X2
Slide 2: Forward Looking Statements
Forward Looking Statements Disclaimer This document contains “forward‐looking statements” within the meaning of applicable Canadian securities legislation and applicable U.S. securities laws. Except for statements of historical fact relating to the Company, such forward‐looking statements include, w
Slide 3: Quality Projects in Top Jurisdictions
Quality Projects in Top Jurisdictions KILGORE IDAHO | RANKED #5 U.S. AND #7 GLOBAL* GOLD GERMANY UNITED STATES SILVER CITY SAXONY SILVER MEXICO COMBINED PLATOSA & EVOLUCIÓN RESOURCES OF 92% PRECIOUS DURANGO & ZACATECAS METALS SILVER-LEAD-ZINC Precious metals Base metals *Fraser Institute Annual Surv
Slide 4: Europe is rich in metals
Silver City Major base and Precious Metals Europe is rich in metals centres in Europe Zn (Ag) Tin • Policy changes in Europe Au (Ag) since 2011 are leading to a Finland Sweden Ag more compelling mining Norway environment Cu (Ag) Estonia Pb • Countries are seeing the Latvia Fe benefit and attracting
Slide 5: High grade silver mining district in Saxony, Germany
Silver City High grade silver mining district in Saxony, Germany • +750 years of historical production with no modern exploration until KSL (Cu) 2020 Lautawerk (Al) • Located on the periphery of a large epithermal province centered around Freiberg in Saxony • District scale: 164 km2 with Fluorchemie
Slide 6: Silver City – Geology
Silver City – Geology Similar to Mexican epithermal belts in scale with multiple targets returning significant results in first pass drilling • Mineralized structures intersected in majority of holes to date confirming scale an opportunity • Two regional target trends - dilation zones on NE trending
Slide 7: A Rich History With a Bright Future
A Rich History With a Bright Future Vein Width(m) Grade Mine Camp range Ag (g/t) • Mining ceased in the 1880s From To From to Bräunsdorf 0.1 2.5 903 2,500 due to geopolitics and Großvoigtsberg Hohentanne 0.5 0.1 4 0.5 1,100 NA 3,500 2,000 breakdown in gold:silver ratio Kleinvoigtsberg 0.1 0.7 1,900
Slide 8: Silver City – Initial Drilling
Silver City – Initial Drilling Confirming High-Grade, District-Scale Epithermal Silver System Current drilling at Munzig 10 km north Kleinvoigtsberg Peter Vein Grauer Wolf Bräunsdorf AGBR0520 License Saxony Reichenbach AGBR05A20 2.30 m @ 231 g/t AgEq AGBR1020 (183 g/t Ag, 0.4 g/t Au, 0.5% Pb 1.90 m
Slide 9: Geology confirming high-grade potential
Silver City Geology confirming high-grade potential • Seven targets tested with 300 g/t Ag 0.18 g/t Au mineralization intersected in AGBR01-20 almost every hole • Multiple high-grade silver species, including pyrargyrite and freibergite, AGBR10-20 356 g/t Ag 2.0 g/t Au and fine-grained native silver
Slide 10: Silver City – Initial Drilling Bräunsdorf
Silver City – Initial Drilling Bräunsdorf Current drilling at Munzig 10 km north Kleinvoigtsberg Peter Vein Grauer Wolf Bräunsdorf AGBR0520 License Saxony Reichenbach AGBR05A20 2.30 m @ 231 g/t AgEq (183 g/t Ag, 0.4 g/t Au, 0.5% Pb AGBR1020 and 0.2% Zn) 1.90 m @ 191 g/t AgEq Including (134 g/t Ag, 0
Slide 11: Silver City – Results Summary
Silver City – Results Summary Mineralization below plunge intersected in first hole BRÄUNSDORF MINE VIEW LOOKING SOUTH EAST Base of historical Productive workings epithermal 300 m zone ~450 m vertically from fluid inclusion Untested studies Untested along Drill strike Targets along strike 319 g/t Ag
Slide 12: Large mineralized structure extending to the south of historical mining
350.95m 351.50m 1.3 g/t Ag, 0.008 g/t Au 1 g/t Ag, 0.011 g/t Au 352.50m 1.3 g/t Ag, 0.009 g/t Au 353.00m 353.45m 353.80m 5.2 g/t Ag, 0.058 g/t Au 300 g/t Ag, 0.18 g/t Au 354.40m 24.6 g/t Ag, 0.047 g/t Au 18.4 g/t Ag, 0.036 g/t Au 354.90m 355.50m 81.2 g/t Ag, 0.35 g/t Au 3.6 g/t Ag, 0.13 g/t Au 356.3
Slide 13: Silver City Fortuna A
Silver City Fortuna A Current drilling at Munzig 10 km north Kleinvoigtsberg Peter Vein Grauer Wolf Bräunsdorf AGBR0520 License Saxony Reichenbach AGBR05A20 2.30 m @ 231 g/t AgEq (183 g/t Ag, 0.4 g/t Au, 0.5% Pb AGBR1020 and 0.2% Zn) 1.90 m @ 191 g/t AgEq Including (134 g/t Ag, 0.8 g/t Au) 0.45 m @
Slide 14: Greenfields conceptual target with large hydrothermal alteration package
70.40m 2.2 g/t Ag, 0.077 g/t Au 71.42m 3.0g/t Ag, 0.31 g/t Au 71.77m 350.95m 1 g/t Ag, 0.011 g/t Au 72.31m 1.8 g/t Ag, 0.028 g/t Au 2.0 g/t Ag, 0.017 g/t Au 1.3 g/t Ag, 0.009 g/t Au 73.12m 73.91m 1 g/t Ag, 0.011 g/t Au 320 g/t Ag, 0.18 g/t Au 74.53m 3.3 g/t Ag, 0.11 g/t Au 17.6 g/t Ag, 0.036 g/t Au
Slide 15: 1.8 g/t Ag, 0.077 g/t Au 128.88m 129.65m
1.8 g/t Ag, 0.077 g/t Au 129.65m 128.88m 129.30m 2.9 g/t Ag, 0.45 g/t Au 1.4 g/t Ag, 0.026 g/t Au 130.30m 0.25 g/t Ag, 0.007 g/t Au 1.6 g/t Ag, 0.075 g/t Au 130.90m 131.51m 2.2 g/t Ag, 0.37 g/t Au 132.00m 132.60m 1.9 g/t Ag, 0.06 g/t Au 1.3 g/t Ag, 0.046 g/t Au 1 g/t Ag, 0.002 g/t Au 133.60m 1 g/t A
Slide 16: Extensive hydrothermal alteration along main mineralized regional contact
170m 169.15m 2.1 g/t Ag, 0.01 g/t Au 4.9 g/t Ag, 0.077 g/t Au 170.6 5.1 g/t Ag, 0.12g/t Au m 171.05m 3.1 g/t Ag, 0.14g/t Au 171.75m 2.5 g/t Ag, 0.17g/t Au 172.33m 1 g/t Ag, 0.007g/t Au 173m 0.25 g/t Ag, 0.007g/t Au 173.6m 1.1 g/t Ag, 0.046g/t Au 174.15m 1 g/t Ag, 0.004g/t Au 174.9m 1 g/t Ag, 0.003g/
Slide 17: Silver City Reichenbach
Silver City Reichenbach Current drilling at Munzig 10 km north Kleinvoigtsberg Peter Vein Grauer Wolf Bräunsdorf AGBR0520 License Saxony Reichenbach AGBR05A20 2.30 m @ 231 g/t AgEq AGBR1020 (183 g/t Ag, 0.4 g/t Au, 0.5% Pb 1.90 m @ 191 g/t AgEq (134 g/t Ag, 0.8 g/t Au) and 0.2% Zn) Including Fortuna
Slide 18: 183m 1.1 g/t Ag 184.3m
183m 1.1 g/t Ag 183.85m 184.3m 1.9 g/t Ag, 0.011 g/t Au 2.0 g/t Ag, 0.018 g/t Au 185.63m 184.7m 3.3 g/t Ag, 0.037 g/t Au 186.6m 186m 3 g/t Ag, 0.081 g/t Au 2.9 g/t Ag, 0.089 g/t Au 191m 4.4 g/t Ag, 0.124 g/t Au 187.15m 187.7m 2.3 g/t Ag, 0.047 g/t Au 188.65m 2.7 g/t Ag, 0.073 g/t Au 189m 1.8 g/t Ag,
Slide 19: Mineralized structures in hanging wall of previously mined Peter Vein
1 g/t Ag, 0.007 g/t Au 192m 193m 1 g/t Ag, 0.006 g/t Au 194m 1.1 g/t Ag, 0.012 g/t Au 195m 3.8 g/t Ag, 0.06 g/t Au 195.5m 1.1g/t Ag, 0.038 g/t Au Mineralized structures in hanging wall of previously mined Peter Vein
Slide 20: Intersection of target mineralized vein and structure beyond historical workings
217.8m 217m 10.6 g/t Ag, 0.3 g/t Au 218.4m 12.9 g/t Ag, 0.26 g/t Au 219m 14.3 g/t Ag, 0.42 g/t Au 220m 5.8 g/t Ag, 0.068 g/t Au 221m 11.5 g/t Ag, 0.068 g/t Au 7.8 g/t Ag, 0.074 g/t Au 222m 2.5 g/t Ag, 0.03 g/t Au 223m 2.4 g/t Ag, 0.014g/t Au 224m 2.2 g/t Ag, 0.007g/t Au 225m 1 g/t Ag, 0.003g/t Au 22
Slide 21: 222m 2.5 g/t Ag, 0.03 g/t Au 223m
222m 2.5 g/t Ag, 0.03 g/t Au 223m 2.4 g/t Ag, 0.014g/t Au 224m 2.2 g/t Ag, 0.007g/t Au 225m 1 g/t Ag, 0.003g/t Au 226m
Slide 22: 1,042 g/t silver equivalent over 0.45 metres
203.65m 2.7 g/t Ag, 0.032 g/t Au 204.65m 1.1 g/t Ag, 0.07 g/t Au 206.2m 205.2m 2.1 g/t Ag, 0.012 g/t Au 2.7 g/t Ag, 0.015 g/t Au 207.2m 911 g/t Ag, 0.4 g/t Au 6.1 g/t Ag, 0.066 g/t Au 208.2m 207.75m 5.3 g/t Ag, 0.47 g/t Au 209.1m 6.2g/t Ag, 0.28 g/t Au 210.05m 3.9g/t Ag, 0.077 g/t Au 1,042 g/t silve
Slide 23: 210.6m 210.05m 211m
210.6m 211m 210.05m 1.4g/t Ag, 0.011 g/t Au 212m 2.3g/t Ag, 0.025 g/t Au 213m 1.8g/t Ag, 0.029 g/t Au 214m 1.4g/t Ag 214.93m 1.8g/t Ag 1.8g/t Ag 216m 1.4g/t Ag, 0.004g/t Au 217m 2.2g/t Ag, 0.005g/t Au 219.5m 219m 3.7g/t Ag, 0.003g/t Au 2g/t Ag, 0.044g/t Au 218m
Slide 24: Silver City Reichenbach
Silver City Reichenbach Current drilling at Munzig 10 km north Kleinvoigtsberg Peter Vein Grauer Wolf Bräunsdorf AGBR0520 License Saxony Reichenbach AGBR05A20 2.30 m @ 231 g/t AgEq AGBR1020 (183 g/t Ag, 0.4 g/t Au, 0.5% Pb and 0.2% Zn) 1.90 m @ 191 g/t AgEq Including (134 g/t Ag, 0.8 g/t Au) 0.45 m
Slide 25: Hydrothermally altered and mineralized volcanic unit with open breccias
106m 2.4 g/t Ag, 0.072 g/t Au 107m 107.5m 4.1 g/t Ag, 0.041 g/t Au 108.13m 1.1 g/t Ag, 0.017 g/t Au 356 g/t Ag, 1.98 g/t Au 108.84m 109.4m 1.6 g/t Ag, 0.033 g/t Au 110m 1 g/t Ag, 0.008 g/t Au 0.25 g/t Ag, 0.005 g/t Au 111m 1.5 g/t Ag, 0.005 g/t Au 112m 1.5 g/t Ag, 0.004 g/t Au 113m 113.9m 1.2 g/t Ag
Slide 26: Lower epithermal vein zone with elevated precious metals
165m 165.5 106m 1.5 g/t Ag, 0.035 g/t Au m 167.1m 166.72 m 0.25 g/t Ag, 0.038 g/t Au 8.1 g/t Ag, 0.15 g/t Au Lower epithermal vein zone with elevated precious metals 228m 1.4 g/t Ag, 0.043 g/t Au 229m 229.87m 0.25g/t Ag, 0.039 g/t Au 1.3g/t Ag, 0.316 g/t Au 230.8m Second mineralized breccia and stoc
Slide 27: Silver City Progress
Silver city Progress Q1 2020 – application for drill permit to commence initial 15-hole program Q2 2020 – receipt of permits, mobilization of contractor and commencement of program Q3 2020 – dispatching of samples (delays on processing by global pandemic) Q4 2020 – Release of initial results for sev
Slide 28: Mineral Exploration in Saxony
Silver City Mineral Exploration in Saxony • Most “mining friendly” state in Germany • Proud mining history, with many famous economic geologists originating from Freiberg • University of Freiberg, the oldest mining university in the world • EXN and Helmholtz Institute Freiberg (HIF) have research an
Slide 29: Vision Mission
VISION To Create Wealth MISSION We realize strategic opportunities through discipline and innovation for the benefit of our employees, communities and shareholders. www.excellonresources.com
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