Excellon Resources Inc. announced significantly improved silver grade, produced ounces and costs during July and August at the La Platosa Mine in Durango, Mexico. Production grades of 900 g/t Ag (26 oz/T) in July/August, including over 160,000 ounces of silver production in August; 2.1 million silver equivalent ounces of production targeted for the year 2013; $14.00 all-in cost per silver equivalent ounce targeted for the year 2013.

The company is targeting 2013 production of 1.35 million ounces of silver, 8.2 million pounds of lead and 11.9 million pounds of zinc or 2.1 million silver equivalent ounces (based on $24 silver, $0.90 lead and $0.90 zinc) at a targeted all-in cost of $14.00 per silver equivalent ounce. For the purposes of calculating the projected all-in cost, the Company has included all direct mining, treatment and refining costs, capital and sustaining expenditures, mine and resource expansion drilling and corporate general and administrative expenses.