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Excellon Resources acquires Peru's Mallay Silver Mine for C$3.79M, aiming to restart silver production by mid-2025.
Excellon Resources Inc., a Canadian mining company, has secured C$3.79 million to acquire the Mallay Silver Mine and nearby Tres Cerros Gold-Silver Exploration Project in Peru.
The company aims to restart silver production at the Mallay mine by mid-2025.
Previously operated by Buenaventura, the mine produced an average of 1.3 million ounces of silver annually between 2013 and 2017.
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Excellon Resources adquiere la mina de plata Mallay de Perú por C$3.79M, con el objetivo de reiniciar la producción de plata a mediados de 2025.