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Excellon scouting for Mexico acquisitions as Platosa winds down

Creamer Media Deputy Editor Online
Precious metals producer Excellon is actively pursuing acquisition opportunities in Mexico, as it heads towards the wind-down of its Platosa operations. On the Toronto- and New York-listed company’s wish list is acquisition opportunities for producing and development-stage assets, CEO Brendan Cahill said on Monday. Excellon said that although drilling at Platosa continued during much of the first quarter, given recent drilling results and consideration of current and expected economic factors, the company expected to wind down operations during the third quarter.

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