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Bullboard - Stock Discussion Forum 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 Discussion

Alexco Resource Corp. > AXU's mill was designed for 500 tpd or + 25% production
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Post by mattbigham on Dec 29, 2021 5:21pm

AXU's mill was designed for 500 tpd or + 25% production

That equates to 6.752 million tons Ag Eq per year annual production at 500 tpd -without the increased grade tabulation from Bermingham Deep that is to be released any day now.


Clynt Nauman interview January 29th


"I can tell you from a geological perspective that given our knowledge of this district this looks like a very promising discovery.
So,then we find ourselves faced with this point ,that you know,that we could have a significant number of ounces down here.I've been quite bullish in saying that
If there are the number of ounces down here that we could speculate might be present then there is enough ounces to strategically change our view on what Keno Hill is.
In other words,Bermingham could be a much bigger deposit.The largest deposit in this district historically was 90-95 million ounces.This Bermingham discovery is by
coincidence right next door and it has all the earmarks of a deposit that is going to be much larger.
If that's the case,the whole......the whole sort of head space that we're in of a 400-500 tpd / 7-8 year mining operation is simply going to be superceded by this discovery.
So,then the question arises: Do we want to know about that now or do we want to know about that later?
I've also been forthcoming in saying that no matter what we find here its not going to change the mine plan.
The mine plan at BERMINGHAM is to get into those high grade areas and mine them.Nothing is going to change there.....but when you start looking down the road 5,6,7 years at Keno Hill a discovery like this very well could change the long term view of the district."

Jan.29,2021
Mining Stock Weekly
CEO Clynt Nauman to provide latest on Keno Hill #silver project in Yukon.

https://twitter.com/TrevAHall/status/1355166238696230913
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