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Message: Excellon Announces New Directors

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Excellon Announces New Directors

posted on Aug 16, 11 06:54PM

TORONTO, ONTARIO--(Marketwire - Aug. 15, 2011) - The Board of Directors of Excellon Resources Inc. (TSX:EXN) is pleased to announce the appointment of two new directors, Mr. Ned Goodman and Mr. Thor Eaton. Mr. Ned Goodman is President and Chief Executive Officer of Dundee Corporation. Mr. Thor Eaton is a highly regarded, well known businessman and philanthropist.

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.

Peter Crossgrove, Executive Chairman

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