Excellon Resources Inc. is pleased to announce the reversal of a US$22 million liability from its March 31, 2023 consolidated balance sheet, relating to the previously disclosed judgment against one of the Company's subsidiaries in Mexico. "The announcement today effectively removes a US$22 million overhang that has been with the Company since [...]
Excellon Resources Inc. is pleased to report financial results for the three- and twelve-month periods ended December 31, 2022. 2022 Financial and Operational Highlights Identified remnants, pillars and stopes which extended Platosa production into October 2022. Safely wound down operations at Platosa and Miguel Auza in Q4 2022, and transitioned to [...]
Excellon Resources Inc. is pleased to announce the initial diamond drilling results from the recently completed 2022-2023 exploration program at its Oakley property in Idaho, USA . Assays from additional six drill holes are still outstanding. Centerra Inc. , a wholly owned subsidiary of Centerra Gold Inc. , has an option to earn up to a 70 [...]
Excellon Resources Inc. is pleased to announce that effective January 31, 2023, the Company's common shares will commence trading on the OTCQB Venture Market in the United States, under the symbol "EXNRF". The OTCQB is a U.S. trading platform that is operated by the OTC Markets Group in New York and is the premiere marketplace for early-stage and [...]
Excellon Resources Inc. is pleased to announce that it has filed a technical report as required by National Instrument 43-101 - Standards of Disclosure for Mineral Projects in respect of the La Negra project located in Querétaro State, Mexico . The independent Technical Report, entitled "Technical Report - Preliminary Economic Assessment Study, La [...]
Excellon Resources Inc. is announcing that its Board of Directors has approved the voluntary delisting of the Excellon common shares from the NYSE American stock market and the deregistration with the U.S. Securities and Exchange Commission . Excellon has notified the NYSE American of its intention to voluntary delist the Excellon Shares from the [...]
Excellon Resources Inc. is pleased to announce that it has entered into a definitive acquisition agreement to acquire the permitted, past-producing La Negra Mine located in Querétaro State, Mexico from Dalu S. à r.l. , an entity owned by an investment fund managed by Orion Resource Partners for aggregate consideration of US$50 million paid through [...]
Excellon Resources Inc. is pleased to announce initial drill results from the recently completed 2022 exploration program at its Kilgore Project in Idaho, USA. The 2022 Kilgore drill program was composed of six oriented diamond drill holes totalling 2,145 metres. The first hole reported an intercept of 0.74 g/t Au over 115.60 meters , including [...]
Excellon Resources Inc. is pleased to report financial results for the three- and nine-month periods ended September 30, 2022. Q3 2022 Financial and Operational Highlights Revenues of $7.0 million , impacted by lower base metal grades and provisional repayments due to lower metal prices Production cost per tonne decreased 26% to $208 per tonne [...]
Excellon Resources Inc. is pleased to provide an update on ongoing value-driving initiatives.1 Ongoing initiatives: Evaluating a spin-out of Excellon's highly prospective Silver City Project in Saxony, Germany to Excellon shareholders as a new growth-focused greenfields exploration company . Pursuing acquisition opportunities with potential to [...]
Excellon Resources Inc. and is pleased to report that shareholders voted in favour of all items of business at the Company's 2022 Annual General and Special Meeting held on August 12, 2022 . Detailed results from the election of directors are set out below: Director FOR % FOR Withheld % Withheld Laurence Curtis 5,312,651 95.388 256,873 4.612 Roger [...]
Excellon Resources Inc. is pleased to report financial results for the three- and six-month periods ended June 30, 2022. Q2 2022 Financial and Operational Highlights Revenues of $7.8 million , impacted by lower base metal production and provisional repayments due to lower metal prices Production cost per tonne decreased 11% to $244 per tonne Total [...]