Excellon Files Platosa Technical Report
www.excellonresources.com
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EXCELLON FILES PLATOSA TECHNICAL REPORT
Toronto, Ontario – June 17, 2021 – Excellon Resources Inc. (TSX:EXN, EXN.WT; NYSE:EXN; FRA:E4X2)
(“Excellon” or the “Company”) is pleased to announce the filing of an indepe ndent technical report for
the Platosa Mine in Durango, Mexico, which has been prepared in accordance with National Instrument
43-101 with an effective date of March 31, 2021. A copy of the technical report is available on both SEDAR
at www.sedar.com and the Company’s website at www.excellonresources.com.
About Excellon
Excellon’s vision is to create wealth by realizing strategic opportunities through discipline and innovation
for the benefit of our employees, communities and shareholders. The Company is advancing a precious
metals growth pipeline that includes: Platosa, Mexico’s highest -grade silver mine since production
commenced in 2005; Kilgore, a high quality gold development project in Idaho with strong economics and
significant growth and discovery potential; and an option on Silver City, a high-grade epithermal silver
district in Saxony, Germany with 750 years of mining history and no modern exploration. The Company
also aims to continue capitalizing on current market conditions by acquiring undervalued projects.
Additional details on Excellon’s properties are available at www.excellonresources.com.
For Further Information, Please Contact:
Excellon Resources Inc.
Brendan Cahill, President & Chief Executive Officer
Ben Pullinger, Senior Vice President Geology & Corporate Development
(416) 364-1130
www.excellonresources.com
Forward-Looking Statements
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 meani ng of Section 27A of the
Securities Act and Section 27E of the Exchange Act. Such statements include, without limitation, statements regarding mineral resources estimates,
the future results of operations, performance and achievements of the Company, inclu ding 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 p rocesses 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 forward -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, quali ty 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, consents or authorizations required for its activities, to p roduce 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. 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.
Cautionary Note to U.S. Investors: The terms “mineral resource,” “ measured mineral resource,” “indicated mineral resource” and “inferred
mineral resource,” as used on Excellon’s website and in its press releases are Canadian mining terms that are defined in accordance with National
Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). These Canadian terms are not defined terms under United States
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Securities and Exchange Commission (“SEC”) Industry Guide 7 and are normally not permitted to be used in reports and registration statements
filed with the SEC by U.S. registered companies. The SEC permits U.S. companies, in their filings with the SEC, to disclose only those mineral
deposits that a company can economically and legally extract or produce. Accordingly, note that information describing the Company’s “mineral
resources” is not directly comparable to information made public by U.S. companies subject to reporting requirements under U.S. securities laws.
U.S. investors are urged to consider closely the disclosure in the Company’s Form 40 -F which may be secured from the Company, or online
at http://www.sec.gov/edgar.shtml.