Green Light For German Drilling Campaign
Excellon Resources Inc. (TSX:EXN) has received permitting approval for its Drill Operation Plan at the Silver City Project in Saxony, Germany.
SVP Geology & Corporate Development, Ben Pullinger, said the initial 12,000m diamond drilling programme will commence imminently on four priority targets– Grauer Wolf, Reichenbach, Bräunsdorf and Peter Vein – following up on high-grade silver mineralisation encountered in 2020 programme
Priority drilling is also planned at Munzig, where anomalous mineralisation was encountered in multiple zones during 2020 drilling.
The programme is also designed to test new targets on over 30 km of strike on two confirmed contacts, with the mafic-schist contact identified in 2020 at Reichenbach and Grauer Wolf representing a potentially more conducive setting for epithermal silver mineralisation
“Our 2020 drilling programme confirmed the presence of a major epithermal system, encountered high-grade silver species and delivered high-grade assays, including new discoveries at Grauer Wolf and Reichenbach,” Mr Pullinger said.
“We achieved these milestones with only 16 holes over 24 km of strike. This year’s programme will build on the modelling and integration of those results to expand on our 2020 discoveries and make new ones in 2021.”
Highlights from the 2020 drilling programme include:
- 1,042 g/t AgEq over 0.45 metres (911 g/t Ag, 0.4 g/t Au, 2.8% Pb and 0.9% Zn), within 231 g/t AgEq over 2.30 metres (183 g/t Ag, 0.4 g/t, Au 0.5% Pb and 0.2% Zn) in initial drilling on the Peter Vein;
- 505 g/t AgEq over 0.71 metres (356 g/t Ag, 2.0 g/t Au), within 191 g/t AgEq (134 g/t Ag and 0.8 g/t Au) in first hole at Reichenbach (Großvoigtsberg), a new, near-surface discovery in an area with minimal historic mining;
- 319 g/t AgEq over 0.35 metres (300 g/t Ag, 0.2 g/t Au and 0.2% Zn), within 101 g/t AgEq (87 g/t Ag, 0.2 g/t Au) at Bräunsdorf;
- 1,043 g/t AgEq over 1.3 metres (954 g/t Ag, 0.1 g/t Au, 0.7% Pb and 2.0% Zn) within 100 metres of surface, within 194 g/t AgEq over 8.1 metres (173 g/t Ag, 0.1 g/t, Au, 0.4% Pb and 0.3% Zn), and 331 g/t AgEq over 1.2 metres (325 g/t Ag, 0.1 g/t Au, 0.03% Pb and 0.03% Zn) in the hanging wall at Grauer Wolf, a new high-grade discovery in an area with no historic drilling.
Drillling at the Munzig target in late 2020 encountered two zones of mineralisation within 75m of surface (including 2.43m grading 116 g/t AgEq from 70m and 1.60m grading 143 g/t AgEq from 77m in SC20MUN015) separated by a non-mineralised dike, potentially aligning with historic records describing some of the broadest widths in the Bräunsdorf area.
Including the Munzig target, mineralisation has now been encountered over 24 km of strike.
