TORONTO, ON–(Marketwired – February 07, 2017) – Excellon Resources Inc. (TSX: EXN) (TSX: EXN.WT) (OTC: EXLLF) (“Excellon” or the “Company”), Mexico’s highest grade silver producer, is pleased to report on the Company’s recently negotiated offtake arrangements for 2017. The Company’s recently completed tender process for 2017 offtake of its lead-silver and zinc concentrates had numerous interested parties. The final terms agreed with two purchasers are materially better than terms seen in recent years and represent an approximately 60% reduction in treatment and refining charges relative to 2016 based on budgeted tonnage for 2017 and at current metal prices.