Excellon Resources 報告稱，愛達荷州奧克利礦區的初步鑽探結果令人鼓舞

Excellon Resources Inc.（多倫多證券交易所代碼：EXN）報告了其位於美國愛達荷州奧克利礦區 2022-2023 年勘探計劃的初步鑽石鑽探結果。另外六個鑽孔正在等待化驗結果。

Excellon Resources Reports Encouraging Initial Diamond Drilling Results from Oakley Property

Excellon Resources 報告 Oakley Property 的初步鑽石鑽探結果令人鼓舞

Toronto, March 20, 2023 - Excellon Resources Inc. (TSX: EXN) (OTCQB: EXNRF) (FRA: E4X2) ("Excellon" or the "Company") is pleased to announce the initial results of the recently concluded 2022-2023 exploration program at its Oakley property in Idaho, United States.

多倫多，2023 年 3 月 20 日 - Excellon Resources Inc. (TSX: EXN) (OTCQB: EXNRF) (FRA: E4X2)（「Excellon」或「公司」）很高興宣布最近結束的 2022-2023 年業績美國愛達荷州奧克利礦區的勘探計畫。

Exploration Program Overview

探索計劃概述

The program comprised diamond drilling aimed at expanding and defining the known mineralized zones on the property. A total of 14 drill holes were completed, with initial assays received for eight of them. The remaining six drill holes are currently undergoing analysis, and their results will be reported once available.

該計劃包括鑽石鑽探，旨在擴大和界定該礦區的已知礦化區域。總共完成了 14 個鑽孔，其中 8 個已接受初步分析。其餘六個鑽孔目前正在進行分析，一旦獲得結果將予以報告。

Initial Drilling Results

初步鑽探結果

The initial drilling results are highly encouraging, indicating the presence of significant mineralization at Oakley. Highlights include:

初步鑽探結果非常令人鼓舞，顯示奧克利存在大量礦化。亮點包括：

• Hole OK-22-007: Intersected 59.1 meters of 1.21% copper equivalent ("CuEq"), including 12.2 meters of 2.96% CuEq and 25.9 grams per tonne ("g/t") gold.
• Hole OK-22-009: Intersected 52.5 meters of 0.83% CuEq, including 15.2 meters of 1.48% CuEq and 12.6 g/t gold.

Significance of Results

孔 OK-22-007：相交 59.1 公尺的 1.21% 銅當量 (“CuEq”)，包括 12.2 公尺的 2.96% CuEq 和 25.9 克每噸 (“g/t”) 黃金。孔 OK-22-009：相交52.5 公尺0.83% CuEq，其中15.2 公尺1.48% CuEq 和12.6 g/t 金。結果的意義

These initial findings provide compelling evidence of the potential for Oakley to host a significant copper-gold deposit. The presence of wide, high-grade intercepts demonstrates the continuity and extent of mineralization, reinforcing Excellon's belief in the property's prospectivity.

這些初步發現提供了令人信服的證據，證明奧克利擁有重要的銅金礦床的潛力。寬闊、高品位截距的存在證明了礦化的連續性和範圍，增強了 Excellon 對該礦區前景的信心。

Ongoing Exploration

持續探索

Excellon is actively continuing its exploration program at Oakley. The remaining six drill holes are expected to provide further insights into the property's mineralization. In addition, the Company is implementing a comprehensive surface exploration program to refine and prioritize targets for future drilling.

Excellon 正在積極繼續其在 Oakley 的勘探計劃。其餘六個鑽孔預計將進一步了解該礦區的礦化。此外，該公司正在實施一項全面的地面勘探計劃，以完善和優先考慮未來鑽探的目標。

Conclusion

結論

Excellon is highly encouraged by the initial diamond drilling results from the Oakley property. The findings support the Company's belief in Oakley's potential to become a significant new source of copper and gold. Excellon remains committed to advancing exploration efforts at Oakley and will provide regular updates as new results become available.

Excellon 對 Oakley 礦區的初步鑽石鑽探結果感到非常鼓舞。這些發現支持了公司對 Oakley 有潛力成為銅和金的重要新來源的信念。 Excellon 仍然致力於推進 Oakley 的勘探工作，並將在新結果出現時定期提供更新。