Press release from Marketwire
Excellon Reports Production to Resume Following an Illegal Demonstration at La Platosa
Friday, September 30, 2011
Excellon Reports Production to Resume Following an Illegal Demonstration at La Platosa16:20 EDT Friday, September 30, 2011TORONTO, ONTARIO--(Marketwire - Sept. 30, 2011) - Excellon Resources Inc. (TSX:EXN) (the "Company" or "Excellon") reports that production at its Platosa Mine is to resume following a temporary halt resulting from an illegal demonstration at the mine site that started on September 28, 2011. Excellon and its legal team were successful in resolving the matter with the assistance of Durango State Government authorities. Full production is expected to resume at the mine by the morning of October 1st.About Excellon Excellon, a mineral resource company operating in Durango and Zacatecas States, Mexico, is committed to building value through production, expansion and discovery. Excellon is producing silver, lead and zinc from the high-grade manto Mineral Resource on its large, 100% owned Platosa Property, strategically located in the middle of the Mexican silver belt. Excellon's focus is on expanding its operating capacity and increasing its Mineral Resources at Platosa where an exploration program focused on diamond drilling and advanced geophysical techniques is ongoing. All of these activates are fully funded through existing cash flow. The Platosa Property, not fully explored, has several geological indicators of a large mineralized system. On behalf of EXCELLON RESOURCES INC.Jeremy Wyeth, President and Chief Executive OfficerThis 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 [particularly silver], 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 January 15, 2010 NI 43-101-compliant technical report prepared by Scott Wilson 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. FOR FURTHER INFORMATION PLEASE CONTACT: (416) 364-1130Excellon Resources Inc.email@example.comThe 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.