Excellon Resources Aktie

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Excellon Announces Appointment of Mike Hoffman to Board of Directors and Provides Corporate Update Toronto, Ontario – July 3, 2025 – Excellon Resources Inc. (TSXV:EXN, OTC:EXNRF and FRA:E4X2) (“Excellon” or the “Company”) is pleased to announce the appointment of Mr. Mike Hoffman, P.Eng., ICD.D, to its Board of Directors, effective immediately. Mr. Hoffman, P.Eng., ICD.D, brings over 35 years of international mining experience spanning engineering, mine operations, corporate development and project execution. He currently serves as Chair and Director of NiCan Limited, and as a Director of 1911 Gold Corporation, Volta Metals Inc. and Fury Gold Mines Limited. He also previously served on the board of Silver X Mining, a Peruvian silver producer, where he chaired the Technical Committee. Mr. Hoffman has held CEO roles at Crocodile Gold, Crowflight Minerals and Kria Resources, leading the development, financing and operation of multiple mining assets. Mr. Hoffman played key roles in the development of major Latin American projects, including Antamina in Peru and Spence in Chile. His broader experience includes senior positions with Goldcorp, Yamana and Desert Sun Mining, where he worked across both underground and open-pit operations in the Americas. He holds a Bachelor of Applied Science in Mining Engineering from Queen’s University, is a licensed Professional Engineer in Ontario, and holds the ICD.D designation from the Institute of Corporate Directors. The appointment of Mr. Hoffman as a director of the Company remains subject to acceptance of the TSX Venture Exchange (the “TSXV”). Laurie Curtis, Chairman, commented, “On behalf of the Board, we are pleased to welcome Mike to the Excellon team. He brings a wealth of mining and corporate experience that will contribute meaningfully to both governance and strategy as we execute our growth plans. We are confident that Mike’s insights will help strengthen the Company’s path back to production and beyond.” Shawn Howarth, President and CEO, commented, “Mike’s breadth of operational leadership complements the deep technical strength of our team, including COO Paul Keller. Mike’s experience building and operating mines – particularly in Peru – adds significant depth as we advance Mallay and build a foundation for potential production and discovery across the district.” ... https://excellonresources.com/news/details/index.php?content_id=396

Excellon Reports Sampling over 9 g/t Gold and 1,000 g/t Silver at Tres Cerros Toronto, Ontario – March 21, 2025 – Excellon Resources Inc. (TSX:EXN and FRA:E4X2) (“Excellon” or the “Company”) is pleased to announce new confirmatory exploration results from ongoing surface sampling at the Tres Cerros Gold-Silver Project (“Tres Cerros”) in north-central Peru. Highlights High-Grade Gold Samples: Assays returned gold values of up to 9.313 g/t gold in oxidized quartz-sulfide vein outcrops, confirming the presence of a high-sulfidation epithermal system. Significant Silver Mineralization: Silver grades over 1,000 g/t silver (assay limit) were also identified in brecciated zones, highlighting the potential for robust precious-metal mineralization. Broad Alteration Footprint: Systematic mapping has revealed advanced argillic alteration over a 2,500 metre by 500 metre trend. Mineralization remains open in all directions. Possible Sulphide Anomaly Detected: Ground-based Induced Polarization (“IP”) geophysical surveys have outlined a broad high-chargeability, low-resistivity anomaly south of the primary alteration zone, suggesting a deeper sulphide-rich feeder system. Evidence of Potential Porphyry System: Elevated copper content (0.3%-0.6%) in select channel samples suggests a deep porphyry-style target. Historical and Recent Data Alignment: Over 500 samples collected since 2016 confirm a consistent precious-metal anomaly (+100 ppb Au and/or 1 oz/t Ag) along the full 2,500 metre trend, reinforcing the potential for a large, cohesive mineralized system. Over 19% of these samples assayed above 1 g/t Au and 22% were above 1 oz/t Ag. Potential for Scale: Tres Cerros shares similar host rocks (Tertiary Calipuy volcanic units abutting Cretaceous Chimu silicified arenites), advanced argillic alteration, and structural controls to the Lagunas Norte deposit, which historically produced >10 Moz Au in the same regional belt. Shawn Howarth, President and CEO of Excellon, commented, “With the acquisition of the Mallay Mine and Tres Cerros, we saw two clear value creation opportunities: a near-term, low-cost restart of a silver mine with strong growth potential at $30+ silver prices, and the first ever drilling of a potentially world-class gold-silver exploration target with remarkable similarities to renowned Peruvian gold deposits.” “We believe Tres Cerros has the potential to become a Tier 1 deposit in Peru, underscored by sampling and ground-based geophysics work completed to-date. The similarities to the Lagunas Norte deposit underscore Tres Cerros as a rare early-stage opportunity, within a proven mineral belt. Our next steps include prioritizing drill targets and engaging extensively with local stakeholders to ensure responsible, transparent project development.” ... https://excellonresources.com/news/details/index.php?content_id=375

Excellon Drills 1.37 g/t Gold Over 81.2 Metres Including 2.77 g/t Gold Over 15.6 Metres at Kilgore Project Toronto, Ontario – May 7, 2024 – Excellon Resources Inc. (TSX:EXN; FRA:E4X2) (“Excellon” or the “Company”) is pleased to announce further drill results from the 2022 exploration program at its 100% owned Kilgore Project (“Kilgore”) in Idaho, USA. Final results from 2022 drill program released, including: 1.37 g/t Au over 81.21 metres in EX22KG004, including 2.77 g/t Au over 15.64 metres and 5.28 g/t Au over 5.54 metres, confirming high-grade mineralization in the Aspen sediments. 0.53 g/t Au over 56.24 metres in EX22KG005, including 2.91 g/t Au over 1.45 metres, successfully testing extension of the existing mineralized envelope to the southwest. 0.74 g/t Au over 115.60 metres in EX2KG001, including 26.50 g/t Au over 0.65 metres, improving definition of the mineralized envelope. Information will be included on future resource and geological modelling to further refine targets. “Today’s announcement is two-fold: we have successfully confirmed mineralization in an area of Kilgore previously underdrilled, returning grade-intervals inline with the current Mineral Resource Estimate cut-off and potentially further extending mineralization to the southwest of the deposit,” stated Shawn Howarth, President and CEO. “We have also intersected mineralization in the Aspen sediments, where we are focusing on the potential for higher-grade zones. The information announced today will help us to better understand grade contouring and will be used in future resource modelling and exploration drill programs.” ... https://excellonresources.com/news/details/index.php?content_id=368