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Alexco Resource Corp.
Summary
| Project: | Keno Hill | |
|---|---|---|
| Deposit: | Bermingham | |
| Location: | Canada | |
| Commodities: | Silver-Lead-Zinc-Gold | |
| Date: | 9/17/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 17-9-2018: Alexco Resource Corp. announces an Exploration/Drilling Update report for its Bermingham deposit at the Keno Hill project. Drilling results incl. 6.17m @ 3605g/t Ag, 13.63% Pb, 2.48% Zn from 112.5m. September 17, 2018 - Alexco Resource Corp. (N | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Alan McOnie (Internal) | |
| ABSTRACT: | September 17, 2018 - Alexco Resource Corp. (NYSE American:AXU) (TSX:AXR) today released results from fifteen drill holes which essentially completes the 2018 resource infill and extension drilling campaign at the high grade Bermingham deposit in the Keno Hill Silver District in Canada’s Yukon Territory. The existing Bermingham resource comprises an indicated 858,000 tonnes averaging 628 grams per tonne (“g/t”) silver (“Ag”), containing 17.3 million indicated ounces of silver. A total of approximately 8,600 meters (“m”) of underground and surface drilling was completed at Bermingham in 2018. Results from this work will be included in an updated Bermingham resource estimate to be completed prior to month end. Highlights In the 2018 program, 24 holes were completed underground from the Bermingham exploration decline and 12 holes completed from surface for a total of 8,582 m of HQ diamond core drilling that includes five holes (620 m) that were abandoned, and three holes for which assays are not yet available. This release summarizes the results from eleven underground and four surface drill holes completed for 4,243 m for which assays are available. Overall, the drill holes were designed primarily to provide infill intercepts at spacings of 10 – 15 m centers in order to demonstrate geological and grade continuity in the upper levels of the planned mine development on the high-grade Bear Vein indicated resource, and to also intersect adjacent sub-parallel mineralized vein sets to extend the current resource. These most recent results continue to confirm continuity of significant high grade silver mineralization in each of the main mineralized vein zones as follows | |
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