Increase In Land Position Around Miguel Auza Property
TORONTO - Excellon Resources Inc. reported significant increase in the Company's land position around the Miguel Auza property in Zacatecas, Mexico. Title received on 31,000 hectare Evolucion mineral concession immediately southeast and along trend of Hecla Mining Company's San Sebastian Mine, consolidating over 45,000 hectare (450 km2) exploration package with existing Miguel Auza concessions and covering over 35 kilometers of strike in one of the world's premier silver districts (collectively now called Evolucion). This district has seen negligible previous exploration and hyper-spectral imagery/regional compilation work confirm that major structures and alteration associated with Fresnillo silver trend continue through the property. The regional geological mapping and geochemical surveys are underway and drilling continues to the south of the property and has already confirmed pervasive epithermal mineralization on multiple targets.
"We're excited to start working on the Evolucion concession, which is the product of extensive preparation over the past year," stated Ben Pullinger, SVP Geology. "Looking under cover for blind deposits is the evolution of exploration in Mexico.
The company’s address is 20 Victoria Street, Suite 900, Toronto, ON M5C 2N8, (416) 364-1130, fax: (416) 364-6745, email: [email protected].