Core Viewpoint - Excellon Resources Inc. has restarted mining activities at the Mallay silver-lead-zinc mine and identified a new mineralized zone, the Footwall Zone, which may enhance mining flexibility and productivity [1][3]. Operational Update - Mining has resumed along the Maricruz, Dayana, and Isguiz veins at the rehabilitated 4090 and 4150 levels using conventional cut-and-fill methods [4]. - The company is methodically sequencing mining activities and stockpiling to support future production and metallurgical validation [4][6]. - Approximately 350 meters of underground advance has been completed to improve access and services for future mining and drilling [8]. Footwall Zone Exploration - The Footwall Zone, characterized by a 3-8 meter thick mineralized unit, has been identified adjacent to the Isguiz vein, with historical drill results indicating significant silver, lead, and zinc mineralization [4][16]. - Initial metallurgical testwork supports the blending of Footwall Zone material with Isguiz and other past-producing zones for processing [4][19]. - A 10,000-meter infill and extension drilling program is underway to further explore both the Isguiz and Footwall Zone mineralization [4][12]. Dewatering and Mine Development - Dewatering of the 400 ramp has progressed 28 meters towards a planned 60 meters, facilitating access to deeper mineralized zones [9]. - Rehabilitation efforts are focused on upper levels to restore access to additional mineralized areas for inclusion in the mine plan [23][24]. Mineral Resource Estimate - The updated Mineral Resource Estimate is being finalized, transitioning from a historical model to an NI 43-101 compliant estimate through comprehensive geological modeling and validation [10][11]. - The company is in the final stages of database validation and QA/QC review before publishing the resource estimate [11]. Next Steps - The company aims to prioritize mine development to access new areas and increase surface stockpiles before the formal restart of the mill [25][33]. - A dedicated drill rig will be mobilized to define the Footwall Zone further, with plans for 17 holes to improve grade control and mineable volumes [21].