Excellon Resources Inc. provide an update on implementation of the Company's optimization plan for the Platosa Mine in Durango, Mexico. Recent developments on the Optimization Plan include: Phase 1 fully underway with high efficiency sump pumps installed by early December 2015, pilot HQ wells complete at the first of four dewatering target zones, drilling ongoing at second zone; Development underway for first and second 14" primary well zones (Phase 2), with primary well drilling expected to commence in mid-February; Platosa continues to demonstrate the efficacy of the dewatering program, with the 6A and Rodilla mantos now almost entirely dry; Near term goal of achieving 17,000 gpm of increasingly efficient flow to increase drawdown rate prior to installation of submersible pumps in first primary well.
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+23.68% | 294M | |
+34.48% | 251M | |
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