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Excellon Defines Targets at Tres Cerros; Grab Sampling Returns up to 14 g/t Gold and 9,050 g/t Silver

Toronto, Ontario--(Newsfile Corp. - August 31, 2026) - Excellon Resources Inc. (TSXV: EXN) (OTC Pink: EXNRF) (FSE: E4X2) ("Excellon" or the "Company") is pleased to provide an update on its ongoing 2026 exploration fieldwork and district-scale geologic mapping at the Tres Cerros exploration property, adjacent to its operating Mallay Mine in Peru. The Tres Cerros property covers approximately 11,000 hectares of contiguous concessions adjacent to the Mallay Mine and is prospective for epithermal gold-silver mineralization and porphyry copper mineralization.

Excellon Produces First Concentrate at Mallay

Toronto, Ontario--(Newsfile Corp. - August 5, 2026) - Excellon Resources Inc. (TSXV: EXN) (OTC Pink: EXNRF) (FSE: E4X2) ("Excellon" or the "Company") is pleased to announce that it has achieved first concentrate production during the pre-commissioning campaign at its 100%-owned Mallay Silver-Lead-Zinc Mine in central Peru ("Mallay" or the "Mine"). Since commencing operations on July 2, 2026, the Mallay concentrator has operated consistently and processed approximately 12,000 tonnes of material, with initial concentrate shipments expected in August 2026.