Canadian Mining Journal

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SILVER: Alexco drills 1,483 g/t at Keno Hill

YUKON – Vancouver's Alexco Resource Corp. reports that drilling in the vicinity of the Flame & Moth deposit in the Keno Hill silver district has returned a best assay of 1,483 g/t Ag over 6.2 metres true width. The result was among...



YUKON – Vancouver’s Alexco Resource Corp. reports that drilling in the vicinity of the Flame & Moth deposit in the Keno Hill silver district has returned a best assay of 1,483 g/t Ag over 6.2 metres true width. The result was among those from 59 holes testing the northern and down-plunge areas of the Christal zone and southern extensions of the Lightning zone.

The foregoing assay was from hole K-13-0553 in the Christal zone. The same hole included intersections of 4,390 g/t, 1,160 g/t, 2,830 g/t, 3,720 g/t, 1,860 g/t and 1,855 g/t over intervals of roughly half a metre each. Four other nearby holes intersected 1,111 g/t Ag over 5,19 metres, 1,018 g/t over 5.27 metres, 963 g/t over 6.06 metres, and 1,356 g/t over 5.26 metres (all true widths).

Two holes in the Lightning zone cut vein material. One assayed 843 g/t Au over 3.30 metres and the other 510 g/t over 3.05 metres (true widths).

Hole K-14-515 drilled in the West vein returned 661 g/t over 1.30 metres (true width).

Alexco will follow  up on these results with this year’s exploration program. One focus will likely be on Bermingham where silver mineralization appears to be vectoring toward a structural setting similar to the historic Hector Calumet. Work may address shallow surface drilling alternatives in the Christal Lake corridor where several areas of satellitic silver mineralization have been identified.

Details of the 2014 drill program are available at AlexcoResource.com