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Annual Meeting December 11th 2009

Excellon Resources Inc. (TSX: EXN), a mineral resource company operating in Durango and Zacatecas States, Mexico, is committed to building value through production, expansion and discovery. The Company is producing silver, lead and zinc ore from high-grade manto deposits on its Platosa Property, strategically located in the middle of the Mexican silver belt. It processes this ore at its concentrator in the town of Miguel Auza 220 km south of the mine and produces silver-lead and silver-zinc concentrates, which are sold under a long-term contract to an international trader.

• High-grade, low-cost silver producer
• 1.5 million ounces of silver, 9.8 million pounds of lead, and 10.9 million pounds of zinc produced in the fiscal year ended July 31, 2008
• Mined and milled 25,500 tonnes grading 1,132 g/t (33 o/T) Ag, 8.7% Pb, 8.6% Zn in the first three quarters of the fiscal year ended July 31, 2009
• Acquired Silver Eagle Mines Inc. and its modern, fully permitted mill in an all-share transaction in June 2009

EXPAND

• Large under-explored, strategically located properties at Platosa and Miguel Auza
• Increasing resources and mining capacity at Platosa and processing ore at Miguel Auza mill
• Evaluating additional properties

DISCOVER

• $7.5-million exploration program for the fiscal year ending July 31, 2010 underway at Platosa
• Indications of large-scale mineralization on property
• Multi-tooled, focused exploration has led to steadily increased Mineral Resources since initial discovery in 1999
• Initial exploration program to begin at Miguel Auza in the fall of 2009