Excellon revenue dives in ‘tough’ Q3

The September quarter has been a tough one for Mexico-focused Excellon Resources, which on Thursday reported significantly lower revenue and production, citing surveying and planning issues.

Excellon, which operates the Platosa mine in Durango, produced 300 766 oz of silver-equivalent, down from 500 763 oz in the corresponding period of 2017. Sales amounted to 258 920 oz of silver equivalent, a 42% decrease on that of the previous-year period.