Excellon Resources Inc (EXN)

Posted on behalf of Excellon Resources Inc. - Excellon Resources Inc. (EXN.v EXNRF) recently outlined continued progress at its 100%-owned Mallay silver-lead-zinc mine in central Peru, where all critical refurbishment and wet commissioning milestones have been completed and a June 2026 pre-commissioning bulk-sample campaign is targeted using approximately 15,000 tonnes of stockpiled material from the Isguiz vein and Footwall Zone.
Full update here: https://excellonresources.com/news/details/index.php?content_id=422

Posted on behalf of Excellon Resources inc. - Excellon Resources (TSXV: EXN) Launches June Trial Mining & Bulk Sampling at Mallay: Targeting 2Moz AgEq/Year with Major Exploration Upside

(TSXV: EXN | OTC: EXNRF | FRA: E4X2) is targeting mill pre-commissioning and trial mining at the Mallay Silver Mine in Peru this June — marking a pivotal step toward ramp-up to commercial production.

https://www.reddit.com/r/InvestingandTrading/comments/1twzfil/exn_launches_june_trial_mining_bulk_sampling/

Posted on behalf of Excellon Resources Inc. — EXN.v; EXNRF

Excellon Resources recently presented at the Deutsche Goldmesse conference, where CEO Shawn Howarth outlined a three-pillar value proposition focused on the near-term restart of the Mallay mine in Peru and the aggressive exploration of a district-scale "moonshot" target.

Key takeaways from the presentation include:

- Near-Term Production: The fully permitted Mallay mine features $30 million in existing infrastructure with Buenaventura’s historically invested US$115 million, and is rapidly advancing toward an aggressive restart. With the mill upgraded and in good working condition, the company is focused on ramping underground operations to match the 600-tonne-per-day capacity, targeting annualized production of 2 million silver equivalent ounces.
- Drilling for Expansion: Unlike previous operators who mined narrow veins near the surface, Excellon is actively drilling deeper where the mineralization becomes more disseminated and wider. The company is also testing parallel systems, such as the gold-rich Shafra zone, which could eventually justify an expansion of mill throughput.
- Tres Cerros: Beyond the mine restart, Excellon controls a massive, undrilled 2.5-kilometre surface anomaly at Tres Cerros. The company views this as a potential widely disseminated, bulk-tonnage gold and silver project and plans to aggressively drill it later this year.
- Strategic Value Creation: Management continues to optimize the broader portfolio, recently announcing a $2 million private placement at a $20 million pre-money valuation for its Silver City project in Germany, which the company intends to spin out to deliver efficient returns to shareholders.

Watch the full presentation here:

Posted on behalf of Excellon Resources Inc. - EXN.v; EXNRF

Excellon Resources recently provided a key operational update on its 100%-owned Mallay silver-lead-zinc mine in central Peru, signaling a major step toward a structured restart.

Key upcoming milestones and operational achievements include:

- June Bulk-Sample Campaign: Mill refurbishment and wet commissioning milestones are fully complete, clearing the way for a 15,000-tonne bulk-sample program in June 2026 to validate metallurgy and concentrate quality.
- Expanded Drilling Footprint: Two rigs are actively testing depth extensions at the Isguiz system, the Pierina gold target, and Mallay Deeps, with a third rig expected to deploy to Shafra in June.
- Underground Access and Team Growth: Crews are successfully advancing the dewatering and rehabilitation of the 400-ramp to unlock deeper mineralized zones, supported by a newly strengthened technical and mine planning team.

President and CEO Shawn Howarth commented, "We are treating June as a bulk-sample exercise designed to validate metallurgy, recoveries, and concentrate quality…
Current silver prices are materially above the US$30/oz assumption used in our February 2026 Mineral Resource Estimate, reinforcing the economic rationale for this work and the strategic value of what we are building."

View the full report here: https://excellonresources.com/news/details/index.php?content_id=422

Posted on behalf of Excellon Resources Inc. – Excellon Resources (EXN.v EXNRF) was one of the standout silver names highlighted by Hedgeless Horseman's Erik Wetterling at the Global Commodities Expo, citing a combination of near-term production potential and significant exploration upside: Posted on behalf of Excellon Resources Inc. – INTERVIEW SUMMARY: @Comm_Invest on @EXN_Resources' Value Proposition$EXN.v $EXNRF

Joining @TheKEReport at the Global Commodities Expo, Hedgeless Horseman's Erik Wetterling highlighted $EXN as an attractive asymmetric risk/reward… https://t.co/qeQpiTq04x pic.twitter.com/AocCxC56tb— Stocks&Thoughts (@StocksNThoughts) May 28, 2026

Wetterling noted that investors are largely paying for the potential restart of the Mallay mine in Peru while receiving exposure to additional upside from Tres Cerros, Kilgore and Silver City, including what he described as potentially "world-class" exploration potential at Tres Cerros.

Posted on behalf of Excellon Resources Inc. – Joining the KE Report at the Global Commodities Expo, Hedgeless Horseman's Erik Wetterling highlighted Excellon (EXN.v EXNRF) as one of the more attractive asymmetric risk/reward opportunities he came across in the silver space:

Eric described EXN's setup as a “symmetrical risk/reward” opportunity where investors are primarily paying for the Mallay restart while receiving multiple exploration and development assets as additional upside optionality.

Posted on behalf of Excellon Resources Inc. – Today, Excellon Resources (EXN.v EXNRF) provided a major operational update at its fully owned Mallay silver-lead-zinc mine in Peru as the company advances toward restart activities while expanding exploration across the broader district: https://excellonresources.com/news/details/index.php?content_id=422

With mill refurbishment now complete, ~15,000 tonnes stockpiled, three drill rigs active or planned, and US$14.8M in cash, EXN continues positioning Mallay toward a potential restart while targeting broader resource growth across the district.

Posted on behalf of Excellon Resources Inc. - EXN.v; EXNRF

In their recently updated corporate presentation, Excellon Resources outlines how they are aggressively advancing a catalyst-rich 2026 exploration and development timeline, focused on transitioning the Mallay Mine into steady-state production while unlocking the massive district-scale potential of its Tres Cerros gold-silver project.

The presentation outlines:
- Following a planned NI 43-101 Resource update in Q1, the company expects to reach a steady-state production run-rate of 600 tonnes per day at the fully permitted Mallay Mine by Q2 2026.
- With the underground workings successfully reopened, the exploration team plans to shift its near-mine focus toward resource expansion and new target development heading into Q3.
- At the highly prospective Tres Cerros property, the company is actively advancing geophysics, surface sampling, and claim extensions in Q2 to systematically refine its high-priority targets.
- This extensive surface and geophysical work at Tres Cerros is designed to culminate in a highly anticipated, 5,000-metre initial drill program slated for Q4 2026.

View the full presentation here: https://excellonresources.com/investors/presentations/

Posted on behalf of Excellon Resources Inc. - Excellon Resources (EXN.v EXNRF) recently filed a NI 43-101 report supporting an updated MRE for its past-producing Mallay silver-lead-zinc mine in Peru, outlining 12.01Moz AgEq Indicated and 4.00Moz AgEq Inferred while advancing restart and exploration plans. Full details here: https://excellonresources.com/news/details/index.php?content_id=419

Posted on Behalf of Excellon Resources inc. - Eric Sprott has long been one of the most outspoken precious metals bulls in the market — and he continues to back that conviction with capital.

In a recent interview, Sprott reiterated that his investment thesis is rooted in macro fundamentals and fiscal discipline. He has publicly stated that roughly 98% of his wealth is allocated to gold and silver, reflecting his long-term view that government debt expansion and monetary policy will continue to favor hard assets.

Despite gold’s historic two-year rally and silver’s surge to triple-digit territory earlier this year, Sprott remains constructive, suggesting materially higher long-term price potential for both metals.

His approach is straightforward: focus on the numbers, asymmetric upside, and downside he can tolerate.

Insider Conviction at Excellon Resources

That conviction is visible in the market.

Excellon Resources Inc. (TSXV: EXN | OTC: EXNRF) continues to see strong insider buying from Sprott, who recently increased his position in the open market after participating in a C$5M bought deal at C$0.60 per share. His ownership now stands at approximately 9.09%.

Mallay Silver Restart: Near-Term Cash Flow Leverage

Excellon is advancing the commercial restart of the Mallay Silver-Lead-Zinc Mine in Peru, positioning the company for near-term production in a strengthening silver environment.

What differentiates Mallay:

• Fully permitted, past-producing underground operation

• 100%-owned 600 tpd flotation plant on site

• ~US$115M in historical sunk capital (acquired from Buenaventura)

• Glencore offtake secured for lead and zinc concentrates

NI 43-101 Resource (April 8, 2026):

• 890 kt @ 420 g/t AgEq (12.01 Moz AgEq) Indicated

• 362 kt @ 344 g/t AgEq (4.00 Moz AgEq) Inferred

The current mine plan outlines a pathway toward ~2 Moz AgEq annual production, supported by modest restart capital and a 10,000-metre infill and extension drill program aimed at expanding mine life and throughput.

Following a C$21.8M financing in March 2026, Excellon is funded to advance the restart and execute drilling.

The Bigger Picture

With infrastructure in place, secured offtake, high-grade compliant resources, and active drilling underway, Excellon represents a defined-scale silver restart opportunity.

In a tightening precious metals market, insider buying from a long-time sector participant like Sprott reinforces the thesis: leverage to silver, near-term cash flow, and operational infrastructure already built.

For investors tracking capital flows in the silver space, that alignment between macro conviction and asset positioning is difficult to ignore.

https://vblgoldfix.substack.com/p/why-eric-sprott-put-98-of-his-wealth?has_completed_unsubscribed_unlock=true

Posted on behalf of Excellon Resources Inc. - Excellon Resources (EXN.v EXNRF) recently announced a $2.125M financing at Saxony Silver, establishing a $20.8M pre-money valuation for the subsidiary. Proceeds are slated to support target generation and initial drilling at the Silver City silver-zinc-lead project in Germany. Full breakdown here⬇️
https://www.reddit.com/r/InvestingCanada/comments/1tecp47/excellon_resources_exnv_exnrf_announces_2125/

Posted on behalf of Excellon Resources Inc. - EXN.v; EXNRF
Following its recent financing announcement, Excellon Resources is aggressively advancing its diverse portfolio of precious metals assets. They recently updated their corporate presentation and featured several near-term plans for each of the key projects:

Mallay Mine (Peru) The primary focus is a near-term restart of this established silver, lead, and zinc mine. The company is actively rehabilitating underground access and aims to ramp up to a production target of roughly 2 million ounces of silver equivalent per year by the second half of 2026. They are also conducting near-mine drilling to significantly extend the mine's life.

Tres Cerros (Peru) Viewed as the company's "moonshot" exploration project, this is a massive, large-scale gold and silver target. The exploration team is currently finalizing targets to have the project drill-ready by the second half of 2026.

Silver City (Germany) The company continues exploration activities at this high-grade epithermal silver project.

View the full presentation here: https://excellonresources.com/investors/presentations/

Posted on behalf of Excellon Resources Inc. - EXN.v; EXNRF
Last week, Excellon Resources announced that its subsidiary, Saxony Silver Corp. has executed binding agreements for a non-brokered private placement to raise gross proceeds of $2.125 million.

Crucially, this financing is being undertaken entirely at the subsidiary level, meaning it is completely non-dilutive to current Excellon shareholders.

The transaction effectively establishes a $20.8 million pre-money baseline valuation for the Silver City Project, with Excellon retaining a controlling 68% pro forma interest.

The newly raised capital will be deployed to fund a structured exploration program, leveraging extensive historical data to finalize priority targets for an upcoming drill campaign across the prolific European silver district.

View the full NR here: https://excellonresources.com/news/

Posted on behalf of Excellon Resources Inc. – Yesterday, Excellon Resources (EXN.v EXNRF) reported that its 75%-owned subsidiary, Saxony Silver, has secured $2.125M through a non-brokered private placement at a $20.8M pre-money valuation to advance the Silver City Project in Germany’s historic Freiberg silver belt: https://excellonresources.com/news/details/index.php?content_id=421

Notably, the financing is intended to support Saxony Silver’s advancement as a European-focused silver explorer while allowing EXN to maintain majority exposure to potential upside at the Silver City Project.

Posted on behalf of Excellon Resources Inc. - Excellon Resources Inc. (EXN.v EXNRF) announced today that its 75%-owned subsidiary, Saxony Silver Corp., has secured $2.125M through a non-brokered PP at a $20.8M pre-money valuation for the Silver City Project in Germany. The financing, completed at the subsidiary level with no Excellon shares issued, implies a pro forma value of approximately $15.6M for Excellon’s majority interest while maintaining control at roughly 68.1% on an undiluted basis. Proceeds will fund exploration advancement across the 34,000-hectare high-grade silver-zinc-lead district in Saxony’s Freiberg belt. Full details here: https://www.excellonresources.com/news/details/index.php?content_id=421

Posted on behalf of Excellon Resources Inc. – Excellon (EXN.v EXNRF) continues advancing restart plans at the historic Mallay Mine in Peru following the release of a new NI 43-101 technical report outlining a high-grade silver-lead-zinc resource and highlighting multiple near-term growth catalysts not yet reflected in the current estimate: https://www.reddit.com/r/CanadaStocks/comments/1ss0lag/excellon_resources_announces_mallay_technical/
 
With 12.01Moz AgEq Indicated grading 420 g/t AgEq, a 10,000m drill program underway, and additional upside tied to the Footwall and Shafra zones, Mallay continues evolving beyond a simple restart story toward a broader district-scale redevelopment opportunity.

Posted on behalf Excellon Resources - EXN.v; EXNRF will be participating in Deutsche Goldmesse Spring 2026, which will take place on May 15th and 16th at The Westin Grand Frankfurt.

Members of Excellon Resources management will be taking meetings throughout the day, and also present to an audience of European investors.

Excellon Resources is focused on advancing the restart of its fully permitted, past-producing Mallay Mine in Peru, positioning the Company as a near-term silver producer.

Following its February 2026 independent mineral resource estimate at Mallay, Excellon is advancing restart planning and near-mine growth, while also advancing the adjacent Tres Cerros Gold-Silver Exploration Property in Peru.

View their corporate presentation here: https://excellonresources.com/investors/presentations/

Posted on behalf of Excellon Resources Inc. - Follow the Money: Eric Sprott Buys EXN on the Open Market Post Financing as Excellon Resources (EXN) Advances Permitted Mallay Silver Mine Toward Restart in Peru

While many silver development stories remain years from cash flow, Excellon Resources Inc. (TSXV: EXN | OTC: EXNRF) is advancing Mallay in Peru toward production ramp-up.

What Sets Mallay Apart

• Fully permitted, past-producing underground silver-lead-zinc mine

• 100%-owned 600 tpd flotation facility on site

• Acquired from Buenaventura with ~US$115M in historical sunk capital

• Glencore offtake secured for lead and zinc concentrates

NI 43-101 Resource (Filed April 8, 2026)

• Indicated: 890 kt @ 420 g/t AgEq (12.01 Moz AgEq)

• Inferred: 362 kt @ 344 g/t AgEq (4.00 Moz AgEq)

The current mine plan outlines a clear path toward ~2 Moz AgEq per year, supported by low restart capital and an ongoing 10,000-metre infill and extension drill program targeting mine life and throughput growth.

Strengthened Balance Sheet & Insider Signal

Excellon closed a C$21.8M financing in March 2026. Subsequently, Eric Sprott increased his position through open-market purchases following his participation in the earlier $5M bought deal, bringing his ownership to approximately 9.09%.

Open-market buying after financing often reflects conviction at current valuation levels.

Mallay combines existing infrastructure, a compliant high-grade silver resource, secured offtake, and active drilling aimed at resource growth. In a tightening silver market, Excellon represents a near-term restart story with defined scale and operational leverage.

Eric Sprott is open market buying shares of $EXN.v - Excellon Resources right now.

It's not often he just randomly go in and buy open market one day for a shy $182 000.

My best guess? He will continue to buy.

Looking at the book and chart, the downside is very limited, and… https://t.co/VaYxVlXTRJ pic.twitter.com/1HO0lliwfQ— TheApeOfGoldStreet (@TheApeOfGoldST) May 5, 2026

Any thoughts about the very near commencement of production for this one...??
Seems like a pretty small market cap still....with production in the near future...

Posted on behalf of Excellon Resources – With a fully permitted mine, existing 600 tpd plant, and a Glencore off-take in place, Excellon (EXN.v EXNRF) is advancing Mallay toward a near-term production decision, positioning it as a rare low-capex silver restart story with multiple value unlock catalysts beyond Peru: https://www.reddit.com/r/PennyStocksWatch/comments/1sz95ol/excellon_resources_targets_low_capex_restart_at/

Posted on behalf of Excellon Resources Inc. – As silver prices remain elevated, Excellon (EXN.v EXNRF) is transitioning Mallay into production with a low-capex restart while simultaneously expanding the system and building multiple feed sources to extend mine life and scale throughput: Posted on behalf of Excellon Resources Inc. –INTERVIEW SUMMARY: Flagship Mallay #Silver Mine Going From Development Into Production Ramp Up, Exploration Update, and Value Drivers At 3 Other Projects $EXN.v $EXNRF

Joining the @TheKEReport, @EXN_Resources' CEO detailed production… https://t.co/n0tGcLLNIC pic.twitter.com/Z9lphZamQk— Stock Master Flash (@StckMasterFlash) April 16, 2026

Posted on behalf of Excellon Resources Inc. - Excellon Files High-Grade Silver MRE at Mallay: 5.57 Moz Ag Indicated @ 195 g/t (12.01 Moz AgEq) – Permitted Past-Producer Restart with Active 10,000m Drill Upside

EXN has filed its independent NI 43-101 Technical Report and updated Mineral Resource Estimate (MRE) for the Mallay mine, prepared by SGS Canada (effective Feb 18, 2026).

This establishes a compliant resource base to support restart of the fully permitted, past-producing underground mine with its 600 tpd mill.MRE HighlightsIndicated:
890,000 tonnes @ 195 g/t Ag, 3.33% Pb, 4.83% Zn

? 5.57 Moz Ag, 65 Mlbs Pb, 95 Mlbs Zn

? 12.01 Moz AgEq at 420 g/tInferred:

362,000 tonnes @ 149 g/t Ag, 2.67% Pb, 4.32% Zn

? 1.74 Moz Ag, 21 Mlbs Pb, 34 Mlbs Zn

? 4.00 Moz AgEq at 344 g/tKey Strengths

Built on 166,420 m drilling + 22,740 m channel sampling plus historical production data

Shows material silver growth vs. prior historical inventory at similar grades

Provides a solid, high-confidence foundation for mine restart planning

Near-term Catalysts

Ongoing 10,000 m infill/extension drill program

Footwall Zone (wider 3–8 m mineralization)

Shafra Zone (gold-silver target) — not yet included in MRE

The filing delivers a compliant resource for restart while clearly highlighting exploration upside. Mallay is positioned as both a near-term restart opportunity and a growth asset.

https://www.reddit.com/r/BreakoutStocks/comments/1t15bzw/excellon_files_highgrade_silver_mre_at_mallay_557/

Posted on behalf of Excellon Resources Inc. – While many silver stories remain years from production, Excellon (EXN.v EXNRF) is advancing a near-term cash flow story at Mallay, combining a low-capex restart with active resource growth and multiple pipeline catalysts across its portfolio: Posted on behalf of Excellon Resources Inc. –INTERVIEW SUMMARY: Flagship Mallay #Silver Mine Going From Development Into Production Ramp Up, Exploration Update, and Value Drivers At 3 Other Projects $EXN.v $EXNRF

Joining the @TheKEReport, @EXN_Resources' CEO detailed production… https://t.co/n0tGcLLNIC pic.twitter.com/Z9lphZamQk— Stock Master Flash (@StckMasterFlash) April 16, 2026

Posted on behalf of Excellon Resources Inc. - EXN.v; EXNRF An article from last month highlighted Excellon Resources and its aggressive strategy to restart the Mallay Silver Mine in Peru.

Backed by a recent Mineral Resource Estimate and a Glencore off-take agreement, the fully funded company is marching toward a commercial production decision within the next six to nine months.

The fully permitted underground mine already features a 600 tpd processing facility, heavily supported by 115 million dollars in historical sunk costs from Buenaventura.

While targeting an annual run rate of up to 2.5 million silver equivalent ounces at Mallay, Excellon is also actively seeking strategic alternatives to unlock value across its broader portfolio, including a potential joint venture for its Kilgore Gold Project and a spin-out of its historic Silver City asset in Germany.

View the full article here: https://www.kereport.com/2026/04/09/excellon-resources-flagship-mallay-silver-mine-going-from-development-into-production-ramp-up-exploration-update-and-value-drivers-at-3-other-projects/

Posted on behalf of Excellon Resources Inc. - Excellon Delivers NI 43-101 Resource at Past-Producing Mallay Mine – 5.57 Moz Indicated Silver + Active Drilling for Major Expansion

has filed its independent NI 43-101 technical report for the Mallay Silver-Lead-Zinc Mine in central Peru, formalizing a compliant resource base to underpin restart planning.

https://www.reddit.com/r/Inflation_Investment/comments/1sxiqam/excellon_delivers_ni_43101_resource_at/

Posted on behalf of Excellon Resources Inc. - EXN.v; EXNRF has recently announced its independent National Instrument 43-101 technical report for the Mallay Silver-Lead-Zinc Mine ("Mallay" or the "Project") in central Peru, as disclosed in the Company's February 23, 2026, news release.

The technical report, prepared by SGS Canada (Geological Services) with an effective date of February 18, 2026, supports the previously announced MRE for Mallay, which establishes a current compliant inventory intended to underpin restart planning while Excellon continues to evaluate additional upside through ongoing drilling that is not reflected in the current estimate.

Mallay MRE Highlights:
- Indicated Mineral Resources: 890,000 tonnes grading 195 g/t silver, 3.33% lead and 4.83% zinc. The Indicated mineral resource includes 5.57 Moz of silver, 65 Mlbs of lead and 95 Mlbs of zinc.
- Inferred Mineral Resources: 362,000 tonnes grading 149 g/t silver, 2.67% lead and 4.32% zinc. The Inferred mineral resource includes 1.74 Moz of silver, 21 Mlbs of lead and 34 mlbs of zinc.
- Mineral Resource (AgEq): 12.01 million ounces grading 420 g/t AgEq in the Indicated and 4.00 million ounces grading 344 g/t AgEq Inferred.
- High confidence dataset underpinning MRE: The estimate is based on extensive historical drilling and operating data, including 166,420 m of drilling and 22,740 m of channel samples, supported by mine mapping and mined-out wireframes to exclude depleted areas.
- Material silver growth vs. historical inventory at comparable Ag grades: The NI 43-101 MRE outlines a materially larger Indicated silver inventory than the end-2018 historical Isguiz inventory, at broadly comparable silver grades.
- Near-term growth catalysts not included in the current MRE: A 10,000-metre infill and extension program is underway to improve confidence for mine planning and test near-mine extensions. In parallel, Excellon is prioritizing the Footwall Zone (calc-silicate mineralization, locally 3-8 m widths), and the Shafra Zone gold-silver area.

View the full NR here: https://excellonresources.com/news/

Posted on behalf of Excellon Resources Inc. – From restart to scale, Excellon (EXN.v EXNRF) is transitioning Mallay into production, drilling to expand the system and unlock multiple feed sources, with three additional assets offering unpriced upside beyond the core operation: Posted on behalf of Excellon Resources Inc. –INTERVIEW SUMMARY: Flagship Mallay #Silver Mine Going From Development Into Production Ramp Up, Exploration Update, and Value Drivers At 3 Other Projects $EXN.v $EXNRF

Joining the @TheKEReport, @EXN_Resources' CEO detailed production… https://t.co/n0tGcLLNIC pic.twitter.com/Z9lphZamQk— Stock Master Flash (@StckMasterFlash) April 16, 2026

Posted on behalf of Excellon Resources Inc. – Joining the KE Report, Excellon's (EXN.v EXNRF) CEO detailed the production ramp up work at the flagship Mallay Silver Mine in Peru: https://www.kereport.com/2026/04/09/excellon-resources-flagship-mallay-silver-mine-going-from-development-into-production-ramp-up-exploration-update-and-value-drivers-at-3-other-projects/

The discussion highlights a low-capex restart targeting \~600 tpd and \~2Moz AgEq annually, with active drilling aimed at extending mine life and multiple exploration and portfolio catalysts providing additional upside beyond Mallay.

Posted on behalf of Excellon Resources Inc. – High-grade, restart-ready, and still growing.

Last week, Excellon (EXN.v EXNRF) formalized a 12Moz+ AgEq Indicated Resource at 420g/t at its past-producing Mallay Mine with a new NI 43-101, confirming a robust, high-grade foundation for a potential restart: Posted on behalf of Excellon Resources Inc. – TODAY: @EXN_Resources Confirms High-Grade Resource Base with NI 43-101 Technical Report for Mallay Mine$EXN.v $EXNRF$EXN filed a NI 43-101 technical report for the past-producing Mallay Mine in Peru, confirming a high-grade… https://t.co/wW8jOy3aQT pic.twitter.com/FUaRy9FvRf— Stock Master Flash (@StckMasterFlash) April 9, 2026

Notably, the resource highlights both strong grades and improving confidence, while a fully permitted mine and existing 600 tpd mill position Mallay as a near-term restart candidate.

Posted on behalf of Excellon Resources Inc. - In a new KE Report interview, CEO Shawn Howarth outlined Excellon Resources' (EXN.v EXNRF) plan to advance its Mallay silver-lead-zinc mine toward a near-term production, targeting 600tpd and approximately 2–2.5 million AgEq oz annually, supported by existing infrastructure, a 2026 MRE, and off-take agreements with Glencore. He also highlighted ongoing exploration at Mallay, additional upside from Excellon’s broader portfolio and more⬇️
https://www.podbean.com/ep/pb-a9yih-1a9501c

Posted on behalf of Excellon Resources Inc. – Today, Excellon (EXN.v EXNRF) has filed its NI 43-101 technical report for the past-producing Mallay Mine in Peru, confirming a high-grade resource base to support restart planning with near-term drilling offering clear upside beyond the current estimate: https://excellonresources.com/news/details/index.php?content_id=419
• Indicated: 890,000 tonnes grading 195 g/t Ag, 3.33% Pb, 4.83% Zn containing 5.57 Moz silver, 65 Mlbs lead, 95 Mlbs zinc
• Inferred: 362,000 tonnes grading 149 g/t Ag, 2.67% Pb, 4.32% Zn, containing 1.74 Moz silver, 21 Mlbs lead, 34 Mlbs zinc

Posted on behalf of Excellon Resources inc. - EXN: Advancing toward a near-term production restart at Mallay,

(TSXV: EXN | OTC: EXNRF | FSE: E4X2) is advancing toward a near-term production restart at Mallay, supported by a ~C$22M upsized financing priced at a premium (C$0.60/share, no warrants)—a clear signal of institutional conviction.

https://www.reddit.com/r/PennyStocksCanada/comments/1sapj79/exn_advancing_toward_a_nearterm_production/

Posted on behalf of Excellon Resources Inc. - EXN.v; EXNRF; Last month, Excellon announced a major milestone with its first independent Mineral Resource Estimate (MRE) outlining nearly 1 million Indicated tonnes of high-grade silver-lead-zinc at the Mallay mine.

Now, looking at their updated corporate presentation, the company has laid out a rapid path back to production.

Key Takeaways
- Immediate Resource Growth: A 10,000-metre drill program is already underway. Because the recent MRE was built strictly on historical data, none of this new drilling has been included yet.
- Rapid Path to Cash Flow: With a fully permitted 600 tpd processing mill already on site, Excellon expects it will take just 6 to 9 months to reach production following a restart decision (anticipated in H1 2026).
- Massive Exploration Upside: The company is actively advancing highly prospective targets right next door to the mine, including the Footwall Zone and the 1km-long Shafra Zone, highlighting true district-scale potential.

With a robust technical foundation and a fully permitted mill ready to go, Excellon is fast-tracking its transition back to a cash-flowing silver producer.

View the full corporate presentation here: https://excellonresources.com/investors/presentations/

Posted on behalf of Excellon Resources Inc. - After defining a multi-million-ounce silver resource at its Mallay silver-lead-zinc mine in Peru, Excellon Resources (EXN.v EXNRF) has raised C$21.8M to support exploration, development, and continued advancement toward a staged restart🤝💥⬇️
https://www.excellonresources.com/news/

Posted on behalf of Excellon Resources Inc. – A 500%+ increase in Indicated silver resources marks a major step toward restarting Mallay, as Excellon (EXN.v EXNRF) delivers its first modern NI 43-101 MRE and begins unlocking further upside through ongoing drilling and expansion targets: Posted on behalf of Excellon Resources Inc. – Indicated #Silver Mineral Resource Increased by over 500% for the Mallay Mine $EXN.v $EXNRF@EXN_Resources released its first NI 43-101 compliant Mineral Resource Estimate for the past-producing Mallay silver-lead-zinc mine in Peru,… https://t.co/HuL15Hc6uB pic.twitter.com/tQBVE3TSJP— Stock Master Flash (@StckMasterFlash) April 2, 2026

Posted on behalf of Excellon Resources Inc. – Excellon Resources (EXN.v EXNRF) released its first NI 43-101 compliant Mineral Resource Estimate for the past-producing Mallay silver-lead-zinc mine in Peru, establishing a higher-confidence foundation for a staged restart: https://excellonresources.com/news/details/index.php?content_id=415

Outlining 890,000 tonnes grading 195 g/t Ag indicated, 362,000 tonnes grading 149 g/t Ag inferred, the MRE provides a solid technical base to support restart planning at the fully permitted 600 tpd operation, while highlighting clear near-term growth potential through ongoing drilling.

Posted on behalf of Excellon Resources Inc. - Excellon Resources (EXN.v EXNRF) recently raised $21.8M for exploration/development of its projects in Peru, including the Mallay silver-lead-zinc mine, where a new NI 43-101 resource based on historical data supports a staged restart. Drilling at new/established targets is ongoing⛏️Full breakdown⬇️
https://www.reddit.com/r/PennyStocksCanada/comments/1rzbq7q/excellon_resources_exnv_exnrf_advances_mallay/

Posted on behalf of Excellon Resources Inc. EXN.v; EXNRF - A couple weeks ago, Excellon Resources announced they had successfully closed a combined financing round, raising total gross proceeds of C$21,821,700.

This strategic capital injection, which includes a significant investment from renowned mining magnate Eric Sprott, is designated to accelerate the company's exploration and development pipeline in Peru.

The financing was structured as a "bought deal" private placement alongside a concurrent brokered private placement, totaling over 36 million common shares issued at a price of C$0.60 per share. By securing this funding, Excellon has strengthened its balance sheet to advance its core projects and maintain general working capital.

With this financing complete, Excellon Resources is well-positioned to execute its 2026 exploration program and unlock further value from its silver and base metal properties in South America.

Full News Release here: https://www.excellonresources.com/news/details/index.php?content_id=418

Posted on behalf of Excellon Resources Inc. -Excellon (TSXV: EXN) Upsizes to ~C$22M Financing at Premium – – >500% Indicated Silver Jump at Mallay + Active Drilling Targets Expansion

Excellon Resources (TSXV: EXN | OTC: EXNRF | FSE: E4X2) has upsized its bought deal financing to ~C$13M, with an additional C$4.0M underwriters’ option, bringing potential gross proceeds to ~C$17M. Combined with a concurrent placement, the company is targeting ~C$22M in total financing.

https://www.reddit.com/r/SmallCapStocks/comments/1s3pyum/excellon_tsxv_exn_upsizes_to_c22m_financing_at/

Posted on behalf of Excellon Resources Inc. - Excellon Resources (EXN.v EXNRF) reported its first independent MRE for the Mallay Silver-Lead-Zinc Mine in central Peru, outlining 12.01Moz at 420 g/t AgEq Indicated; a 500% increase from a combined historical estimate (see EXN's February 23, 2026 PR). Backed by C$21.8M financing and ongoing drilling, the company is advancing a staged restart. More⬇️
https://www.reddit.com/r/PennyStocksCanada/comments/1rzbq7q/excellon_resources_exnv_exnrf_advances_mallay/

Posted on behalf of Excellon Resources Inc. - Excellon Resources (EXN.v EXNRF) reported its first NI 43-101 resource for the Mallay silver-lead-zinc mine in Peru, outlining 12.01Moz AgEq (Indicated) and 4.00Moz AgEq (Inferred) (see EXN's February 23, 2026 PR). A 10,000m drill program is underway to expand and upgrade the resource, with additional targets at the Footwall zone and Shafra. To support these and future exploration and development activities, the company recently closed financings totaling C$21,821,700, including participation from Eric Sprott. Full details here⬇️
https://www.excellonresources.com/news/details/index.php?content_id=418

Posted on behalf of Excellon Resources Inc. – Excellon (EXN.v EXNRF) has taken a key step toward restarting the Mallay mine, delivering its first NI 43-101 resource built entirely on historical data, while new drilling is already underway to grow and upgrade the system beyond the current base: https://www.reddit.com/r/PennyStocksCanada/comments/1rgnybk/excellon_resources_exnv_exnrf_reports_500/

Posted on behalf of Excellon Resources Inc. – With participation from Eric Sprott, Excellon (EXN.v EXNRF) added C$21.8M to the balance sheet as it moves to reposition Mallay as a potential restart story, backed by a significantly expanded silver inventory and ongoing drilling aimed at growing the resource beyond current mine plans: https://www.reddit.com/r/Penny_Stocks_Canada/comments/1rv28ea/eric_sprott_backs_excellon_resources_c218m/

Posted on behalf of Excellon Resources Inc. – Excellon (EXN.v EXNRF) just upsized its financing and brought in Eric Sprott, signaling strong investor conviction as the company advances a dual-track strategy in Peru: https://www.reddit.com/r/PennyStocksCanada/comments/1rrfsed/strong_investor_demand_upsizes_private_placement/
 
With ~C$22M potentially raised, EXN is positioning itself to move forward on the restart of the past-producing Mallay mine while continuing to unlock district-scale upside at Tres Cerros.
 

Posted on behalf of Excellon Resources Inc. – Strong demand has pushed Excellon’s (EXN.v EXNRF) bought deal financing up to ~C$13M, with a concurrent ~C$5M strategic investment from Eric Sprott that could bring total proceeds to roughly C$22M as the company advances the past-producing Mallay mine and district-scale Tres Cerros project in Peru: https://www.reddit.com/r/PennyStocksCanada/comments/1rrfsed/strong_investor_demand_upsizes_private_placement/

Posted on behalf of Excellon Resources Inc. – Excellon (EXN.v EXNRF) upsized its previously announced bought deal financing from C$10M to ~C$13M following strong investor demand, in addition to announcing a concurrent private placement with a corporation beneficially owned by Eric Sprott: https://excellonresources.com/news/details/index.php?content_id=417

Proceeds will be used to advance exploration and development at EXN's projects in Peru, including the past-producing Mallay silver-lead-zinc mine and the Tres Cerros gold-silver exploration project. 

Posted on behalf of Excellon Resources Inc. - Excellon Resources' (EXN.v EXNRF) first independent MRE for the Mallay Silver-Lead-Zinc Mine outlines 5.57Moz Ag, 65Mlbs Pb & 95Mlbs Zn Indicated and 1.74Moz Ag, 21Mlbs Pb & 34Mlbs Zn Inferred. The MRE & EXN's ongoing C$22M raise are set to support the project's development, exploration & staged restart💥⬇️
https://www.reddit.com/r/PennyStocksCanada/comments/1rgnybk/excellon_resources_exnv_exnrf_reports_500/

Posted on behalf of Excellon Resources Inc. - Excellon (TSXV: EXN) Upsizes to ~C$22M Financing at Premium – – >500% Indicated Silver Jump at Mallay + Active Drilling Targets Expansion

Excellon Resources (TSXV: EXN | OTC: EXNRF | FSE: E4X2) has upsized its bought deal financing to ~C$13M, with an additional C$4.0M underwriters’ option, bringing potential gross proceeds to ~C$17M. Combined with a concurrent placement, the company is targeting ~C$22M in total financing.

https://www.reddit.com/r/Pennystocksv2/comments/1rpg7hq/excellon_tsxv_exn_upsizes_to_c22m_financing_at/

Posted on behalf of Excellon Resources Inc. - Last week Excellon Resources Inc. (EXN.v EXNRF) announced that, due to strong investor demand, they upsized their previously announced “bought deal” private placement and launched a concurrent brokered private placement for combined gross proceeds of C$22M.

The financing comes shortly after Excellon announced the first independent Mineral Resource Estimate for the Mallay Ag-Pb-Zn Mine in central Peru.

https://excellonresources.com/news/details/index.php?content_id=415

Posted on behalf of Excellon Resources Inc. - Excellon Resources: 500% Silver Upgrade + Near-Term Production at Mallay

Excellon has released its first NI 43-101 compliant Mineral Resource Estimate for the Mallay Mine in Peru—highlighting a significant step forward toward a potential restart of this past-producing underground operation.

https://www.reddit.com/r/InvestingCanada/comments/1rko3m5/excellon_resources_500_silver_upgrade_nearterm/