Excellon Resources Inc.
TSX : EXN

Excellon Resources Inc.

April 16, 2008 09:15 ET

Excellon's President and CEO Steps Down

TORONTO, ONTARIO--(Marketwire - April 16, 2008) - Excellon Resources Inc. (TSX:EXN) announces the resignation of Mr. Richard W. Brissenden, its President and Chief Executive Officer. He will remain a director of the Company. Peter A. Crossgrove, the Chairman of the board, will be the acting CEO. An executive search has begun to find Mr. Brissenden's replacement.

Richard W. Brissenden, with his former business partner, A. Douglas MacKenzie, built Excellon from an inactive corporation they acquired in 1989. During his tenure, Excellon acquired the Platosa Property in Mexico, which grew from a grassroots exploration target into a significant producing asset.

"I have spent the last 15 years building Excellon, and I leave knowing that it will prosper well into the future," said Richard W. Brissenden. "The launch of a new mill at Platosa seems the appropriate time to make this transition."

About Excellon

Excellon, a self-sustaining mineral resource company operating in Durango State, Mexico, is committed to building value through production, expansion and discovery. The Company is producing silver, lead and zinc from high grade manto deposits on its Platosa Property, strategically located in the middle of the Mexican silver belt. In fiscal 2008, Excellon's focus is on increasing its Mineral Resources through an aggressive $11-million exploration program, and expanding its operating capacity with the building of a mill at site. The Platosa Property, not fully explored, has several geological indicators of a large mineralized system, the tracking of which Excellon believes will lead to the discovery of a world class deposit.

On behalf of EXCELLON RESOURCES INC.

Peter A. Crossgrove, Chairman

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this Press Release, which has been prepared by management.

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