Aug. 15 at 7:43 PM
$EXNRF Advancing toward an updated NI 43-101 mineral resource estimate due in August 2025, Excellon Resources has begun underground rehabilitation on key haulage levels at its 100%-owned Mallay Mine in Peru: https://www.reddit.com/r/PennyStocksCanada/comments/1meg1gm/news_roundup_excellon_resources_exnv_exnrf/
The Mallay acquisition, secured for a fraction of its US
$115M historical build cost, comes with a flotation plant, tailings facilities, and extensive underground development, all within a proven 18+ Moz AgEq past-producing district.
Alongside the restart, EXN is advancing near-mine and district-scale exploration, including the underexplored Pierina vein system and the Tres Cerros property, a 2,000-hectare gold-silver target corridor with high-sulphidation alteration and strong geophysical anomalies.
Posted on Behalf of Excellon Resources Inc.