Excellon Appoints Vice President Special Projects
www.excellonresources.com
EXCELLON APPOINTS VICE PRESIDENT SPECIAL PROJECTS
Toronto, Ontario – January 8, 2019 – Excellon Resources Inc. (TSX:EXN and OTC:EXLLF) ("Excellon" or
the “Company") is pleased to announce the appointment of Marcello Locatelli as Vice President Special
Projects. Mr. Locatelli will be responsible for further optimization at the Company’s operations and project
evaluation.
“An essential part of our strategy is building a team that can discover, develop and operate mining assets
so that we can fully realize on the next bull market in metals,” stated Brendan Cahill, President and CEO.
“Just as great mining assets have been increasingly rare in recent years, the demographic gap in mining
portends the same for the industry’s most important asset – people. Marcello’s global experience
optimizing and evaluating projects will play an important role in improving our existing operations and
growing our business for the long term.”
Mr. Locatelli is a professional engineer with over 15 years of experience successfully managing and
engineering various commodity studies and projects of all sizes. Most recently, Mr. Locatelli was a Director
of Inteloc Inc., an engineering firm providing project management, evaluation and control services using
leading technologies. Having worked on many projects across the globe, his experience extends from
conceptual design through to commissioning, with a specific focus on project engineering, procurement,
construction management, economic evaluations and social and environmental permitting. Mr. Locatelli
has held lead engineer and project manager positions with Ausenco, Halyard Inc. and DRA Americas Inc.,
assisting in special projects related to bulk sampling, processing plant design and project development. He
holds a Bachelor of Engineering (Mechanical) degree from the University of Johannesburg.
About Excellon
Excellon’s 100%-owned Platosa Mine has been Mexico’s highest -grade silver mine since production
commenced in 2005. The Company is focused on optimizing Platosa’s cost and production profile,
discovering further high-grade silver and carbonate replacement deposit (CRD) mineralization on the
21,000 hectare Platosa Project and epithermal silver mineralization on the 100%-owned 45,000 hectare
Evolución Property, and capitalizing on current market conditions by acquiring undervalued projects in the
Americas.
Additional details on the Platosa Mine and the rest of Excellon’s exploration properties are available at
www.excellonresources.com.
For Further Information, Please Contact:
Excellon Resources Inc.
Brendan Cahill, President & Chief Executive Officer or
Nisha Hasan, Vice President Investor Relations
(416) 364-1130
www.excellonresources.com
Forward-Looking Statements
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The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this Press Release,
which has been prepared by management. This press release contains forward-looking statements within the meaning of Section 27A of the
Securities Act and Section 27E of the Exchange Act. Such statements include, without limitation, statements regarding the fut ure results of
operations, performance and achievements of the Company, including potential property acquisitions, the timing, content, cost and results of
proposed work programs, the discovery and delineation of mineral deposits/resources/reserves, geological interpretations, proposed production
rates, potential mineral recovery processes and rates, business and financing plans, business trends and future operating revenues. Although the
Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking
statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those,
which, by their nature, refer to future events. The Company cautions investors that any forwar d-looking statements by the Company are not
guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of
various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located, significant
downward variations in the market price of any minerals produced, the Company's inability to obtain any necessary permits, co nsents or
authorizations required for its activities, to produce minerals from its properties successfully or profitably, to continue its projected growth, to
raise the necessary capital or to be fully able to implement its business strategies. All of the Company's public disclosure filings may be accessed
via www.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral
properties, and particularly the September 7, 2018 NI 43-101 technical report prepared by SRK Consulting (Canada) Inc. with respect to the Platosa
Property. This press release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States.