Excellon Provides Update on Progress of Platosa Optimization Plan


Toronto, Ontario – January 15, 2016 – Excellon Resources Inc. (TSX:EXN; OTC:EXLLF) (“Excellon” or the “Company”), Mexico’s highest grade silver producer, is pleased to provide an update on implementation of the Company’s optimization plan (the “Optimization Plan”) for the Platosa Mine in Durango, Mexico. The Optimization Plan outlines a simplified dewatering solution for the Platosa Mine, as described in the technical report prepared by Roscoe Postle & Associates Inc. dated July 9, 2015 (the “Technical Report”), summarized in the Company’s press releases dated June 2, 2015 and November 2, 2015.

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