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AMREP Corp T.AXR


Primary Symbol: AXR

Industrials Engineering & Construction
AMREP Corporation, through its subsidiaries, is a holder of land, developer of real estate and homebuilder in New Mexico. The Company operates through two business segments: land development and homebuilding. The land development segment offers for sale both developed and undeveloped real property to national, regional and local homebuilders, commercial and industrial property developers and others. Activities conducted or arranged by the Company include land and site planning, obtaining governmental and environmental approvals (entitlements), installing utilities and storm drains, ensuring the availability of water service, building or improving roads necessary for land development and constructing community amenities. The homebuilding segment offers a variety of home floor plans and elevations at different prices and with varying levels of options and amenities to meet the needs of homebuyers. The Company focuses on selling single-family detached and attached homes.


NYSE:AXR - Post by User

AMREP Corp
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Post by ctoivoon Jan 31, 2013 8:59am
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Post# 20916290

Flame & Moth

Flame & Moth

 

Alexco Expands Flame & Moth Indicated Resource to 22.9 Million Ounces of Silver; Resource Grade Increased, Deposit Remains Open
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 31, 2013) - Alexco Resource Corp. (TSX:AXR)(NYSE MKT:AXU) today released a new, updated mineral resource estimate for the Flame & Moth discovery within the Keno Hill Silver District in Canada's Yukon Territory, substantially increasing its previously estimated indicated silver resource. Since publishing the initial resource estimate (see news release dated June 28, 2012 entitled "Alexco Announces Initial Resource Estimates for Flame & Moth and Bermingham"), Alexco has drilled 8,752 meters in 43 holes to expand the Flame & Moth indicated silver resource from 11.1 million ounces to 22.9 million ounces, while increasing the indicated resource grade 14% to 516 grams per tonne (gpt), or 16.6 ounces per ton (opt) silver. 

The updated resource estimate is summarized as follows: 

 

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Dealroom for high-potential pre-IPO opportunities