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Excellon Resources Inc.

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Summary

Project:

Platosa Mine

Deposit:Platosa Mine
Location:Mexico
Commodities:Silver-Lead-Zinc
Date:7/26/2018
Report Code:NI43-101
Report Type:Resource Estimation
Project Stage:Active Mining & Production
Report details:26-7-2018: Excellon Resources Inc. announces a Resource Estimation report for its Platosa Mine deposit at the Platosa Mine project. Updated mineral resource estimate at the project. Toronto, Ontario – July 26, 2018 – Excellon Resources Inc. (TSX:EXN, EXN.
Resources:(Resource, Inf): 485Kt @ 549g/t Ag, 5.6% Pb, 5.9% Zn at Platosa Mine
CP/QP:[Resources]: Sebastien Bernier (SRK Consulting (Canada) Inc.)
ABSTRACT:Toronto, Ontario – July 26, 2018 – Excellon Resources Inc. (TSX:EXN, EXN.WT and EXN.WT.A; OTC:EXLLF) ("Excellon" or the “Company") is pleased to announce an updated Mineral Resource Estimate (“MRE”) for the Platosa Mine in Durango, Mexico as at March 31, 2018. “We have increased tonnage at Platosa despite mining approximately 170,000 tonnes since the last resource estimate as at December 31, 2014,” stated Brendan Cahill, President and CEO. “This new resource estimate is the product of a more conservative and geologically accurate methodology than previously employed at Platosa. We see upside potential on grade and tonnage as we continue to define new mineralization with our underground drilling program.”

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