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Alexco Resource Corp.
Summary
| Project: | Keno Hill | |
|---|---|---|
| Deposit: | Bermingham | |
| Location: | Canada | |
| Commodities: | Silver-Lead-Zinc-Gold | |
| Date: | 8/9/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-8-2018: Alexco Resource Corp. announces an Exploration/Drilling Update report for its Bermingham deposit at the Keno Hill project. Drilling results incl. 25.07m @ 1019g/t Ag, 2.07% Pb, 1.27% Zn from 136.25m. August 9, 2018 - Alexco Resource Corp. (NYSE | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Alan McOnie (Internal) | |
| ABSTRACT: | August 9, 2018 - Alexco Resource Corp. (NYSE American:AXU) (TSX:AXR) today announced initial results from its ongoing 2018 drilling program at the high-grade Bermingham deposit in the Keno Hill Silver District in Canada’s Yukon Territory. Infill resource and peripheral zone drilling is currently underway from underground in the Bermingham exploration decline and from surface (for deeper extensions). The drilling will further define the previously outlined resource (858,000 tonnes with an average grade of 628 grams per tonne (“g/t”) silver (“Ag”) totaling an indicated 17.3 million ounces of silver), as well as more accurately outline and/or extend the upper zone of the potentially mineable tonnes (totaling 220,000 tonnes with an average grade of 1,276 g/t silver) included in the updated preliminary economic assessment dated March 29, 2017 (see news releases dated December 8, 2016, entitled “Alexco Expands Bermingham Silver Deposit, Initial Tests Confirm Excellent Metallurgical Performance” and news release dated March 29, 2017, entitled “Alexco and Silver Wheaton Amend Silver Purchase Agreement and Alexco Announces Positive Preliminary Economic Assessment for Expanded Silver Production at Keno Hill”). In addition, Alexco announces updates on permitting for the Bermingham deposit and underground development at the Flame & Moth deposit. | |
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