$EXN Announces Filing of Platosa Technical Report

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) has announced that it has filed an independent technical report for the Platosa Mine in Durango, Mexico. The report was prepared and compiled following National Instrument 43-101 guidelines and has an effective date of March31, 2021. The Platosa Mine is a high-grade silver mine and is one of three projects Excellon is working. Production at Platosa began in 2005.

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About Excellon Resources Inc.

The vision of Excellon Resources is to create wealth by realizing strategic opportunities through discipline and innovation for the benefit of our employees, communities and shareholders. The company is advancing a precious metals growth pipeline that includes the following: Platosa, Mexico’s highest-grade silver mine since production commenced in 2005; Kilgore, a high-quality gold development project in Idaho with strong economics and significant growth and discovery potential; and an option on Silver City, a high-grade epithermal silver district in Saxony, Germany, with 750 years of mining history and no modern exploration. The company also aims to continue capitalizing on current market conditions by acquiring undervalued projects. For more information about the company, please visit www.ExcellonResources.com.

NOTE TO INVESTORS: The latest news and updates relating to EXN are available in the company’s newsroom at http://ibn.fm/EXN

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