MEXICO - The directors of EXCELLON RESOURCES of Toronto have approved construction of a 350-t/d lead-zinc flotation mill at the company's Platosa test mine near Bermejillo. Mill construction should begin in the latter half of this year and commissioning begin in Q1 2009. The project has a capital cost of $10 million.
Basic engineering and equipment procurement is underway, as are site, environmental and tailings management permitting.
Excellon (www.ExcellonResources.com) is also undertaking an $11-million exploration program at Platosa to increase its mineral resources. They currently stand at 417,000 tonnes grading 1,060 g/t Ag, 9.31% Pb and 9.79% Zn (indicated) and 73,000 tonnes grading 758 g/t Ag, 9.19% Pb and 9.69% Zn.
Comments