Excellon Resources Inc. (EXN)

[NYBob]

EXCELLON PRODUCES 2.1 MILLION SILVER EQUIVALENT OUNCES IN 2013


Toronto, Ontario – January 16, 2014 –

Excellon Resources Inc. (TSX:EXN; OTC:EXLLF)
("Excellon" or the “Company"), Mexico’s highest grade silver
producer, is pleased to announce fourth quarter and annual 2013
production results from the La Platosa Mine in Durango, Mexico.

Q4 and 2013 Production Highlights

2.1 million silver equivalent ounces (“Ag Eq Oz”) produced during 2013
(Q4 – 545,000 Ag Eq Oz), including:

1.4 million oz Ag (Q4 – 411,000 oz Ag)

7.3 million lb Pb (Q4 – 1.7 million lb Pb)

9.9 million lb Zn (Q4 – 1.9 million lb Zn)

Record annual produced and milled tonnage of ~70,000 tonnes,
including record quarterly produced tonnes of ~20,000 tonnes in
Q4

“During the latter half of 2013 we began to see the results of
our continuing efforts to improve and optimize
La Platosa production,” stated Brendan Cahill, President and
Chief Executive Officer. “Of particular note, during the last
two quarters of the year we milled almost 38,000 tonnes of
ore grading 812 g/t silver for 866,000 silver ounces,
demonstrating the potential to increase tonnage while
maintaining an industry leading grade and cost profile.”

“Our teams at La Platosa and Miguel Auza deserve great credit
for the significant improvements in production that were
realized in the second half of the year.
We aim to continue increasing our production profile and
reducing costs into 2014, while further enhancing the
foundation of our business – the health and
safety of our workers.”

Q4 and 2013 Production Results

http://www.excellonresources.com/index.php/investors/news/2014/120-excellon-produces-2-1-million-silver-equivalent-ounces-in-2013

http://www.excellonresources.com/images/Presentation/EXN_Corporate_Presentation_-_January_8_2014_-_minimized.pdf




http://www.excellonresources.com/
God Bless