Excellon Resources Inc. (TSX.V: EXN), is test-mining and developing the high-grade silver-zinc-lead mineralization on its 14,692-hectare (36,000-acre) Platosa/Saltierra Properties, which resemble several world-class Carbonate Replacement Deposits, in Mexico's northeastern Durango State. Mining operations commenced in September 2004 with the Company receiving biweekly payments since July 25, 2005. It currently has a cash balance in excess of $5 million. Excellon continues to expand its known mineralization through aggressive underground and surface drilling. With four rigs on site (three on surface and one underground), the Company is developing its newest and largest manto to date, the Guadalupe Manto, and plans to update its mineral resource estimate by the end of June.

Website: http://www.excellonresources.com/