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Alexco Resource Corp.
Summary
| Project: | Keno Hill | |
|---|---|---|
| Deposit: | No Cash, Dixie, Inca | |
| Location: | Canada | |
| Commodities: | Silver-Lead-Zinc-Gold | |
| Date: | 12/4/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-12-2019: Alexco Resource Corp. announces an Exploration/Drilling Update report for its No Cash, Dixie, Inca deposit at the Keno Hill project. Drilling results incl. 8.55m @ 832g/t Ag, 0.65% Pb, 6.03% Zn, 0.30g/t Au from 142.61m. December 4, 2019 - Alexc | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Alan McOnie (Internal) | |
| ABSTRACT: | December 4, 2019 - Alexco Resource Corp. (NYSE American: AXU) (TSX: AXU) (“Alexco” or the “Company”) reports final results from the 2019 drilling program at the Keno Hill Silver District property in Canada’s Yukon Territory. Following the successful demonstration of the presence of deeper mineralization adjacent to the existing resource at Bermingham Northeast (see news release dated September 10, 2019, entitled “Alexco Intersects 8.1 Meters (true width) at Composite Grade of 1,414 Grams Per Tonne (45.5 oz/t) Silver at “Bermingham Deep” target”), Alexco embarked on an approximate 3,000 meter (“m”) surface drill program targeting areas with a geological setting interpreted to be similar to that of the high-grade Bermingham deposit. A new discovery at the Inca target returned encouraging results as follows: Alexco’s Chairman and Chief Executive Officer, Clynt Nauman, commented, “The Inca discovery reflects the increasing confidence our geology team has in predicting the geological setting in which these deposits occur at Keno Hill. It is another blind discovery that is open along strike and down dip, but perhaps more importantly it is within a favourable structure which has at least 800 meters of untested strike length in rocks which are known to host most of the silver deposits in the district. Clearly, more work is required in 2020 to better understand the importance of the Inca discovery.” | |
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