TORONTO, Jan. 13, 2014 /CNW/ - Excellon Resources Inc. (TSX:EXN; OTC:EXLLF) ("Excellon" or
the "Company") reports that employees returned to work over the weekend and production
has resumed at the Platosa Mine in Durango, Mexico following a pause in
operations for a safety review. Operations were paused after two
employees, Evaristo Nova Soto, a 31-year-old electrical supervisor, and
Jorge Carillo Rivera, a 25-year-old general serviceman, were fatally
injured during routine operations on the evening of January 9, 2014.
A preliminary investigation was completed by the Secretaría del Trabajo y Previsión Social and Protección Civil, in cooperation with the Company and the Sindicato Nacional Minero Metalúrgico Napoleón Gómez Sada (the Platosa Union). The area of the mine where the accident occurred
remains closed off for further detailed investigation by the
authorities and the Company's safety experts to better understand the
cause of the accident and implement an action plan to prevent similar
accidents from ever happening again.
The three employees who were also affected by the accident have been
released from hospital following precautionary observation over the
weekend.
"The team at La Platosa is working rigorously to implement further
preventive safety measures to minimize any hazard risks in the
workplace," said Brendan Cahill, President and CEO. "Our top priority
is the health and safety of our people and we are working together to
identify and manage any risks in a timely and effective manner. We
strive every day to ensure that our workers arrive home safe and
healthy."
Forward-Looking Statements
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. This press
release contains forward-looking statements within the meaning of
Section 27A of the Securities Act and Section 27E of the Exchange Act.
Such statements include, without limitation, statements regarding the
future results of operations, performance and achievements of the
Company, including potential property acquisitions, the timing,
content, cost and results of proposed work programs, the discovery and
delineation of mineral deposits/resources/reserves, geological
interpretations, proposed production rates, potential mineral recovery
processes and rates, business and financing plans, business trends and
future operating revenues. Although the Company believes that such
statements are reasonable, it can give no assurance that such
expectations will prove to be correct. Forward-looking statements are
typically identified by words such as: believe, expect, anticipate,
intend, estimate, postulate and similar expressions, or are those,
which, by their nature, refer to future events. The Company cautions
investors that any forward-looking statements by the Company are not
guarantees of future results or performance, and that actual results
may differ materially from those in forward looking statements as a
result of various factors, including, but not limited to, variations in
the nature, quality and quantity of any mineral deposits that may be
located, significant downward variations in the market price of any
minerals produced, the Company's inability to obtain any necessary
permits, consents or authorizations required for its activities, to
produce minerals from its properties successfully or profitably, to
continue its projected growth, to raise the necessary capital or to be
fully able to implement its business strategies. All of the Company's
public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including the
technical reports filed with respect to the Company's mineral
properties, and particularly the November 22, 2011 NI 43-101-compliant
technical report prepared by Roscoe Postle Associates Inc. with respect
to the Platosa Property. This press release is not, and is not to be
construed in any way as, an offer to buy or sell securities in the
United States.
SOURCE Excellon Resources Inc.
