Excellon Resumes Operations at Platosa Mine
Toronto, Ontario – January 13, 2014 – Excellon Resources Inc. (TSX:EXN; OTC:EXLLF) ("Excellon" or the “Company") reports that employees returned to work over the weekend and production has resumed at the Platosa Mine in Durango, Mexico following a pause in operations for a safety review. Operations were paused after two employees, Evaristo Nova Soto, a 31-year-old electrical supervisor, and Jorge Carillo Rivera, a 25-year-old general serviceman, were fatally injured during routine operations on the evening of January 9, 2014.
A preliminary investigation was completed by the Secretaría del Trabajo y Previsión Social and Protección Civil, in cooperation with the Company and the Sindicato Nacional Minero Metalúrgico Napoleón Gómez Sada (the Platosa Union). The area of the mine where the accident occurred remains closed off for further detailed investigation by the authorities and the Company’s safety experts to better understand the cause of the accident and implement an action plan to prevent similar accidents from ever happening again.
The three employees who were also affected by the accident have been released from hospital following precautionary observation over the weekend.
“The team at La Platosa is working rigorously to implement further preventive safety measures to minimize any hazard risks in the workplace,” said Brendan Cahill, President and CEO. “Our top priority is the health and safety of our people and we are working together to identify and manage any risks in a timely and effective manner. We strive every day to ensure that our workers arrive home safe and healthy.”
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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 future 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 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, 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, consents 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 November 22, 2011 NI 43-101-compliant technical report prepared by Roscoe Postle Associates 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.