Excellon Resources Inc. announced the results from a hydrogeological study on the Platosa Mine in Durango, Mexico recently completed by Hydro-Ressources Inc. of Canada, with support from Technosub Inc. of Canada. Optimization plan expected to result in more favourable mining conditions at Platosa,
allowing for significantly increased rates of production and lower operating costs. Three-stage plan proposed and underway to: improve pump efficiency and electrical consumption; enhance existing pumping with high efficiency pumps in fault-targeted underground wells; and implement a long-term dewatering system utilizing surface wells. The program will be implemented in three phases: reengineering pumping infrastructure within the mine; drilling drainage holes into known water bearing faults below existing mine workings to increase efficient pumping capacity from underground; and constructing up to four dewatering wells from surface targeting high-flow zones that have been identified by Hydro-resources through invasive field testing.

The company provided production guidance for the full year of 2015. For the period, the company's production for 2015 is expected to be similar to 2014 production, with targeted 2015 production of 0.9 million to 1.1 million ounces of silver or 1.9 to 2.1 million silver equivalent ounces (based on $16/oz silver, $0.90/lb lead and $1.00/lb zinc).