Bullboard - Stock Discussion Forum Alexco Resource Corp. T.AXU

Metals & Mining Industrial Metals & Minerals

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.

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Alexco Resource Corp. > 5.26 million oz per year Ag Eq production

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Post by mattbigham on Dec 29, 2021 4:27pm

5.26 million oz per year Ag Eq production

This is my Ag Eq production calculation (below) based upon the May,2021 resource estimation.
The new AXU resource that is set to be released will tabulate the Bermingham Deep drilling resource,which has extremely rich silver grades.

May 26,2021

Alexco Announces 22% Increase to Silver Reserves; Updated Technical Report Demonstrates Robust Economics at Keno Hill

....expanding the Mineral Reserve by 22% to 1.44 million tonnes, grading an average 804 g/t
or approximately 1,035 g/t silver equivalent (“AgEq”).

Run rate of 400 tpd in January,2022
1,035 (g/t) X 400 (tpd) = 414,000 g/t per day

414,000 grams per ton per day / 28.34952 (grams per ounce) = 14,603 oz per day Ag Eq

14,603 oz per day Ag Eq X 30 days (one month) = 438,103 oz

438,103 oz per month Ag Eq X 12 months = 5.26 million oz per year Ag Eq production

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