Slide 1: Raising the Bar: Platosa Bonanza Silver
Raising the Bar Platosa Bonanza Silver April 3, 2007
Slide 2: The Fine Print
The Fine Print This presentation may contain “forward-looking statements” which reflect the Company’s current expectations regarding the future results of operations, future anticipated exploration results, the proposed construction of a mill facility, performance and achievements of the Company, in
Slide 3: Introduction
Introduction ► Excellon, a Canadian company, is a high-grade silver, lead and zinc producer ► $13-million treasury ► Self-financed to explore its Platosa/Saltierra Property in Durango, Mexico
Slide 4: Recent Landmarks
Recent Landmarks ► Updated NI 43-101 Report dated September 29, 2006: Minimum 2.5 years test-mine life ► Significant discoveries since NI 43-101 Report ► Begun evaluating construction of a mill ► Turned exploration focus outwards ► Begun process of applying for TSX Listing ► G. Ross MacFarlane named
Slide 5: Mexico: a great place to work
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Slide 6: Directors
Directors RICHARD W. BRISSENDEN, Chairman and CEO, is a chartered accountant with more than 25 years of experience in the mining and exploration sector. PETER CROSSGROVE, a member of the Order of Canada, has been a director of Barrick Gold for the past 12 years. He was vice chairman and CEO of Place
Slide 7: Management
Management ► RICHARD W. BRISSENDEN, chairman and CEO ► G. ROSS MACFARLANE, president and COO ► ROBERT C. BRISSENDEN, vice-president and CFO ► JOHN SULLIVAN, vice-president, exploration ► ALFREDO FLORES MEDINA, general manager ► LAWRENCE W. TALBOT, secretary and general counsel ► JEFFREY HILLIS, cont
Slide 8: Capitalization
Capitalization Actual Proceeds Common shares outstanding 145,938,657 Options 13,400,000 $ 5,193,300 Fully Diluted 159,338,657 $ 5,193,300
Slide 9: Silver Debenture
Silver Debenture ► Raised U.S. $9.9 million (1.8 million ounces at U.S. $5.50 per ounce); eliminated significant dilution ► Repayable by up to 1.8 million ounces of silver at maturity in June 7, 2007 ► As silver is produced, 50% is delivered to sinking fund ► At maturity, debenture holder receives p
Slide 10: Platosa Infrastructure
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Slide 11: Infrastructure
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Slide 12: Platosa Operations
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Slide 13: Naica-bound Truck
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Slide 14: Financial Highlights
Financial Highlights Quarter Ended October 31, 2006 (actual) Net income $ 7,628,000 Income per share $ 0.05 Cash on hand $ 12,826,000 Working Capital $ 5,081,000 Financial Summary (CDN $ 000’s): Net Revenue 12,275 Costs 2,275 Operating Cash Flow 10,000 Exploration Expenditures 1,153 Debenture Paymen
Slide 15: Production Highlights
Production Highlights Year Ended Quarter Ended Year Ended July 31, 2006 October 31, 2006 July 31, 2007 (actual) (actual) (forecast) Production Rate (tonnes) 44,400 11,500 47,300 Production: Silver (ozs) 1,712,000 947,000 2,500,000 Lead (lbs) 10,921,000 3,286,000 11,000,000 Zinc (lbs) 12,776,000 1,62
Slide 16: Cash Position
Cash Position 14,500,000 13,000,000 13,000,000 13,500,000 12,500,000 11,269,000 11,500,000 10,714,000 10,500,000 Cash Position ($) 9,500,000 8,500,000 7,500,000 6,500,000 5,512,000 5,500,000 4,500,000 3,500,000 2,500,000 1,500,000 553,000 500,000 31-Jan-06 30-Apr-06 31-Jul-06 31-Aug-06 30-Sep-06 22-
Slide 17: Mineral Resource Estimates
Mineral Resource Estimates Tonnes Ag Ag Pb Zn (t) (g/t) (oz/T) August 2006 Indicated 184,500 1,546 49.71 10.86 10.50 Inferred 8,200 777 24.98 5.47 11.31 September 2002 Indicated 63,400 2,738 79.9 15.2 11.9 Inferred 2,100 1,433 41.9 18.2 14.9 Prepared by Scott Wilson Roscoe Postle Associates Inc. Min
Slide 18: September 2002
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Slide 19: June 2006
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Slide 20: January 2007
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Slide 21: Exploration for Mineralized System Centre
Exploration for Mineralized System Centre
Slide 22: Comparison with related carbonate replacement deposits indicates larger-scale mineralization
Platosa Comparison with related carbonate replacement deposits (CRDs) indicates larger-scale mineralization lies nearby in system
Slide 23: Mexican CRD Belt
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Slide 24: District Targets
District Targets Canon Colorado Crestoncitos Zorra
Slide 25: Excellon Property Package
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Slide 26: Upside
Upside ► Geology indicates we are in 240,000 180,000 distal portion of larger system 120,000 60,000 ► $6 million annual exploration 0 budget 2004 2006 NI 43-101 Mineral ► Known mineralization expanded Resource Estimates since September 2006 NI 43-101 report ? 50 40 30 MT 20 10 0 Ojuela Catorce Velar
Slide 27: Summary
Summary ► Achieved several landmarks in 2006 ► In production ► Generating significant cash flow ► $13 million cash on hand ► Excellent exploration upside - Expanding limits of known mineralization - District scale targets ► Self-financed going forward