History

History

1996 - Excellon introduced to La Platosa Project by Dr. Peter Megaw
1998 - La Platosa discovery hole drilled 7.45m @ 1,132 g/t Ag, 35.2% Zn and 14.4% Pb
2002 - Initial indicated mineral resources estimate of 63,400 tonnes @ 2,738 g/t, 15.2 % Pb and 11.9 % Zn
2004 - Underground development commences at La Platosa
2005 - First production from La Platosa
2006 - Updated indicated mineral resource estimated of 184,500 tonnes @ 1,546 g/t Ag, 10.9% Pb and 10.5% Zn
2009 - Acquisition of Silver Eagle and Miguel Auza mill operations
2011 - Updated M&I resources of 637,000 tonnes @ 836 g/t Ag, 8.95% Pb and 10.58% Zn
  - Purchase of gold properties in Ontario and Quebec
2012 - Discovery of Rincon del Caido, CRD/Sourcestyle mineralization
2014 - Updated M&I resources of 428,000 tonnes @ 760 g/t Ag, 8.28% Pb and 9.88% Zn
2015 - Sale of DeSantis Property to Oban Mining
  - Developed a proven concept and strategy to dewater Platosa
  - Filed PEA demonstrating 118% IRR on the optimization plan
2016 - Commencement of dewatering program and resumption of exploration
2017 - Achieved dry mining conditions with the completion of the optimization plan
  - Currently doubling production and halving costs
  - Exploration program continues to successfully demonstrate the ability to expand Platosa’s mineralized footprint around existing resources

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