Axu part 2 history 2011 The Company also expands its environmental services business with new projects in the U.S. and South Alexco begins commercial production at the Bellekeno mine and produces 2 million ounces of silver. The Company discovers the Bermingham deposit, announces initial mineral resource estimates for Lucky Queen and Onek, and significantly expands Flame & Moth’s mineralized zone.
2012 Alexco issued initial resource estimate for Flame & Moth and Bermingham exploration properties, leading to a 52% increase in overall Silver resource.
2013 alexco announces the interim suspension of operations at the Bellekeno Mine. The Company also publishes a new Preliminary Economic Assessment for Eastern Keno Hill Silver District
2014 Alexco updates the positive Preliminary Economic Assessment for KHSD and expands Bermingham mineralization. The Company also increases Flame & Moth’s mineral resource estimate by 17% and Bermingham’s mineral resource estimate by 37%.
2016 Alexco Expands Bermingham’s indicated mineral resource to 17 Moz silver and announces positive Preliminary Economic Assessment for expanded silver production at KHSD. The Company also amends Wheaton Precious Metals silver purchase agreement.
2018 At Bermingham, Alexco expands the silver mineral resource estimate by 91%, completes 550 meters of advanced exploration decline and over 4,000 meters of underground exploration drilling. At Flame & Moth, Alexco completes over 450 meters of underground development. The Company also completes over 15,000 meters of surface exploration drilling and identifies new target areas at Bermingham and Flame and Mo