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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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From: pogohere8/22/2007 1:20:16 PM
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Excellon Resources drills massive sulphides at Platosa

2007-08-22 08:24 ET - News Release

EXCELLON ANNOUNCES HIGH-GRADE ASSAY RESULTS,

Excellon Announces High-Grade Assay Results, Mobilizes Fourth Drill and Schedules Commencement of Mineral Resource Update for October
Wednesday August 22, 8:02 am ET

TORONTO, ONTARIO--(Marketwire - Aug. 22, 2007) - Excellon Resources Inc. (TSX VENTURE:EXN - News) announces high-grade assay results from the ongoing exploration program in the immediate vicinity of its test-mine operation at its Platosa Property in northeastern Durango State, Mexico. Three holes (LP07-347, 350 and 355) cut between 2.00 and 6.75 metres of massive sulphides grading from 2,200 to 2,740 g/t (64.0-79.9 oz/T) silver; 11.2 to 36.8% lead and 1.1 to 9.1% zinc. These results correspond to massive and breccia sulphides discovered during a recent surface drilling and underground exploration program aimed at connecting and expanding the Guadalupe and Guadalupe South mantos (see table and maps below). The Company further announces the mobilization of a fourth drill rig, and that Scott Wilson Roscoe Postle Associates is scheduled to begin its update of the Mineral Resource Estimate in October.

biz.yahoo.com
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