[Excellon Restarting Past-Producing Mallay Silver-Lead-Zinc Mine in Peru]

Published: Nov 05, 2026 19:29 (GMT+8)

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Excellon Resources is restarting the past-producing Mallay silver-lead-zinc mine in Peru. The underground operation, built around silver-lead-zinc vein mineralization, has a 600-tonne-per-day processing plant, approximately 30 kilometres of underground mine development and existing mine infrastructure. The company plans to produce two primary concentrates: a lead concentrate containing the majority of the silver, and a separate zinc concentrate. Three drill rigs are currently active across the mine as Excellon looks for wider mineralized zones that could support greater mechanization and help supply the processing plant at an average rate of 600 tonnes per day. Management also plans to begin drilling the Tres Cerros target around the middle of next year. As Excellon transitions from developer toward producer, management's objective is to reach free cash flow while continuing to explore and redevelop the broader district in central Peru. Excellon trades on the TSX.V under the symbol EXN.

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