Excellon Resources Reports Production Results for the Months of July and August 2013; Provides Production Guidance for 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.