Excellon Secures Path to Acquire the past Producing Mallay Silver Mine

Date:

March 11, 2025 7:00 AM EDT | Source: Excellon Resources Inc.

Toronto, Ontario–(Newsfile Corp. – March 11, 2025) – Excellon Resources Inc. (TSX: EXN) (FSE: E4X2) (“Excellon” or the “Company“) is pleased to announce a definitive agreement (the “Adar and Premier Agreement“) has been executed between Adar Mining Corp. (“Adar“) and Premier Silver Corp. (“Premier Silver“), relating to the acquisition by Excellon of Minera CRC S.A.C. (“Minera CRC“), which holds the past-producing Mallay Silver Mine and Tres Cerros Exploration Property in Peru (the “Acquisition“).

Under the terms of the Agreement, Excellon is acquiring the shares of Minera CRC through an expedited, court-supervised process, ensuring a legally definitive resolution of all prior disputes. Upon completion, Excellon will receive full ownership of Minera CRC free and clear of all encumbrances, as per the transaction terms previously announced on October 31,…

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