Excellon Resources Inc said on Wednesday that rehabilitation work is underway at its fully permitted Mallay Mine in Peru, with the goal of restarting production and reaching nameplate capacity of 600 tonnes per day by the second quarter of 2026. In a letter to shareholders, CEO Shawn Howarth called the past few months a “transformative new chapter” for the company, noting that the acquisition of Mallay positions Excellon to become an emerging global silver producer.