- Germany has been integral to silver production historically, including the Rammelsberg Mine that produced for over 1,000 years continuously through 1988.
- Excellon has a license to explore a massive land package, dubbed “Silver City,” after the heritage name for Freiberg (Silberstadt), spanning 341.5 square kilometers that has produced billions of dollars in silver from shallow depths.
- Excellon is a first mover in Saxony, with the first drilling using modern technology cutting 1,042 g/t AgEq, while defining a major epithermal silver system over 12 kilometers.
If someone could do a flyby of the history of silver, they would cover the globe and witness annual production go from a few nuggets around 3,000 BCE to 800 million ounces in 2019 (https://ibn.fm/vofDl). From a time perspective, the majority of the journey would be spent throughout Europe where mining was integral to economies, empires and technical revolutions for centuries before Europeans landed in North American and silver production grew in Mexico. Germany, inclusive of the Rammelsberg Mine, where silver, copper and lead were mined continuously for over 1,000 years through 1988, was once a vibrant part of the industry; particularly after the Vikings had looted coastal Europe of most of its silver by 900 CE. Several contributing factors led to silver production all but disappearing in Germany today, although more days of Rammelsberg-like activity could lie ahead thanks to companies like Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) bringing modern…
To see the supporting images, visit https://ibn.fm/gHB6X
For more information, visit the company’s website at www.ExcellonResources.com.
NOTE TO INVESTORS: The latest news and updates relating to EXN are available in the company’s newsroom at https://ibn.fm/EXN
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