Mexico
Platosa Mine
Platosa is the highest-grade silver mine in Mexico and is 100% owned by Excellon Resources Inc. Initially acquired in 1996, the property now encompasses 14,000 ha in the State of Durango, north-central Mexico.
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Creating a multi-asset precious metals Company
Excellon Resources is Mexico's highest-grade silver producer with a producing mine and multiple exploration opportunities in Mexico and Germany.
On February 24, 2020, Excellon announced the proposed acquisition of Otis Gold and the addition of an attractive gold development project in the United States to its portfolio.The acquisition is an initial step in Excellon becoming a larger multi-asset precious metals producer.
Shareholders will be mailed Special Meeting Materials in March, with an expected close in April 2020.