News Release

News Release

Excellon Reports Fourth Quarter Production And 2013 Outlook

Toronto, Ontario - January 16, 2013 - Excellon Resources Inc. (TSX:EXN) ("Excellon" or "the Company"), Mexico's highest grade silver producer, is pleased to report fourth quarter and December 2012 production from the La Platosa Mine in the state of Durango, Mexico and a general outlook on production for 2013.

Fourth quarter production and 2013 highlights include:

  • Silver production during December, 2012 of 115,162 ounces at an average ore grade of 858 g/t;
  • Lead and zinc production of a combined 1.1 million pounds in December;
  • Fourth quarter silver production was in line with forecasted production, with both lead and silver production well in excess of revised forecasts for both the quarter and year;
  • 2013 silver production forecasted to be approximately 1.5 million ounces as La Platosa returns to a full year of production.

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