Canadian Mining Journal

News

SILVER: Bermingham resource grows to 17M oz for Alexco



YUKON – Alexco Resource Corp. of Vancouver has expanded the resource estimate for the Bermingham silver-gold-lead-zinc deposit in the Keno Hill silver district to 17.3 million oz of contained silver from 4.2 million oz in the indicated category. The inferred portion contains 5.5 million oz, up from 700,000 oz.

Alexco has several projects at Keno Hill – the suspended Bellekeno silver-lead-zinc mine, the Flame and Moth silver deposit, and the Lucky Queen silver-gold-lead-zinc property – as well as the Bermingham deposit. Together the properties contain 67.5 million oz of silver.

The Bermingham deposit includes the westerly Etta zone and a fault-separated larger easterly Arctic zone. Together these zones contain 858,000 indicated tonnes grading 628 g/t Ag and 220,000 inferred tonnes at 770 g/t Ag. Within the indicated resource are 169,000 tonnes grading 1,296 g/t Ag, including 49,000 tonnes of 2,543 g/t Ag in the Bear vein. The high grade portion of the resource includes 72,000 tonnes grading 593 g/t Ag, including 4,000 tonnes at 1,818 g/t in the West Dipper vein.

Alexco has posted a comprehensive map of its holdings in the Keno Hill district, deposit-by-deposit resource numbers, and a professional photo gallery at www.AlexcoResource.com.