The Society of Economic Geologists (“SEG”) Student Chapter from the Freiberg’s University of Mining & Technology, one of the world’s oldest and most traditional mining-focused universities, recently carried out an overview of Germany’s Freiberg and the re-emergence of mining exploration within the area. Located within the Saxony region, the town of Freiberg has a long and storied mining history dating back to 1168 AD, when the first silver ore was found in the surrounding areas to the town. By the 16th Century, mining in the Erzebirge, or ‘Ore’ Mountains, had turned Saxony into one of Europe’s wealthiest kingdoms.
Today, nearly 1,250 miles of mine tunnels zigzag through the hard stone beneath the town of Freiberg and surrounding areas. Excellon Resources (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) has multiple exploration licenses related to the 34,150-hectare Silver City Project in Saxony, Germany. Boasting a mining history which ran nearly continuously from the 11th to late-19th century, initial drilling results carried out by the company confirmed the presence of a high-grade, district-scale epithermal silver system running throughout the project site.
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About Excellon Resources Inc.
Excellon Resources Inc. (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) is a silver and base metals producer with precious metal exploration and development projects in Mexico, Idaho and Germany. The Company is advancing a precious metals growth pipeline that includes: Platosa, Mexico’s highest-grade silver mine since production commenced in 2005; Kilgore, a high-quality advanced exploration gold project in Idaho with strong economics and significant growth and discovery potential; and an option on Silver City, a high-grade epithermal silver district in Saxony, Germany with 750 years of mining history and no modern exploration. For more information, visit the company’s website at www.ExcellonResources.com.
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