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Alexco Resource Corp. T.AXU

Alexco Resource Corp is engaged in mineral exploration, and mine development and operational activities primarily in Yukon Territory, Canada. The company explores silver, lead, zinc, and gold deposits. The firm's projects include Keno Hill Silver District, Flame and Moth, Bermingham, Lucky Queen, Bellekeno, and others.


TSX:AXU - Post by User

Comment by mattbighamon Nov 01, 2020 1:01am
253 Views
Post# 31819614

RE:New AXU interview with Kitco

RE:New AXU interview with Kitco
The presently ongoing  7,500-8,000 m deep-drilling program 150-200m underneath  the Birmingham deposit is worthy of note:

"....earmarks of something much larger.'' 5:32"
"These are very long holes. They take a fair amount of time to drill and we're doing that to see whether or not we can duplicate the type of deposit-the geological architecture - we are going to see if we can duplicate that at a deeper level."

Results well into the fourth quarter.This DP started out as a 4,000 m drill program:

Separately, Alexco is also mobilizing personnel and equipment to begin the Bermingham deep surface exploration drilling program in July. This 4,000+ m drilling campaign will test for offsets and extensions of the previously discovered silver mineralization approximately 200 m vertically below the NE Zone of the Bermingham deposit, which overall contains an Indicated Mineral Resource of 32.9 million ounces of silver at an average grade of 930 grams per tonne ("g/t") silver. The 2020 exploration drilling will be focused at depth, approximately 250 m along strike northeast of the silver mineralization discovered in 2019, where best results returned 1,414 g/t silver over an estimated true width of 8.15 m in the Bermingham Footwall vein structure.

https://www.newswire.ca/news-releases/alexco-moves-forward-to-production-at-keno-hill-885750321.html

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