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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

Post by mattbighamon Oct 24, 2021 8:36pm
282 Views
Post# 34043156

lead concentrates are where the great majority of value is

lead concentrates are where the great majority of value isClynt at Beaver Creek Sept. 10th:
https://wsw.com/webcast/preciousmetals3/axu/

"Lead concentrate-60-70% / silver concentrates of 15,000 g/t after mill modifications and mining/milling  the  new deposits.
Lead concentrates are where the great majority of our value is.
There is no other mine -or district - in the world that is producing that quality of concentrate.
That's important and gives us a premium position at the smelter."

1.44 million tonnes in the May,2021  resource revision :
5-7 % lead and zinc.
804 g/t silver

72,000 tonnes @ 5%
101,000 tonnes @ 7%

2,205 lbs. per metric tonne

lead $1.12 per lb.
zinc $1.58 lb. -just spiked up to $1.70 and hovering around 5 year resistance levels.

Another new resource count is coming. The Bermingham Deep DP is winding down:

"At least 70 holes into Bermingham Deep in a month or two." Clynt

We are 1.5 months past the Sept. 10th  / Beaver Creek presentation  now.

Q3 results due out soon as are operations and drilling updates.

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