Excellon Resources Inc.

Excellon Resources Inc. (TSX: EXN),a mineral resource company operating in Durango and Zacatecas States, Mexico, is committed to building value through production, expansion and discovery. Excellon Resources is producing silver, lead and zinc from high-grade manto deposits on its Platosa Property, strategically located in the middle of the Mexican silver belt. In fiscal 2010, Excellon's focus remains on increasing its Mineral Resources at Platosa through an aggressive $12.7-million exploration program, and expanding its operating capacity to maximize the value of the recently acquired Miguel Auza mill. The Platosa Property, not fully explored, has several geological indicators of a large carbonate replacement deposit (CRD) mineralized system, the tracking of which Excellon believes will lead to the discovery of a world class deposit. At Miguel Auza, located in the northern portion of the Zacatecas-Fresnillo silver belt, an initial exploration program to evaluate the potential of this largely underexplored property, the site of considerable historic and recent production from epithermal precious and base metal veins began in the fall of 2009.