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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. > Mill ran over capacity @ 500 tpd during December
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Post by mattbigham on Jan 18, 2022 10:01am

Mill ran over capacity @ 500 tpd during December

During December 2021, additional mill throughput campaigns were completed and the mill reached a peak throughput of 22.5 dry metric tonnes (“dmt”) per hour over a sustained period, which is 25% higher than the 18 dmt per hour (equivalent to 400 tonnes per day) design capacity of the mill.
Comment by Ekatimine on Jan 18, 2022 11:06am
No reaction to the update. Was there more expected from Berminghan Deep? Eka
Comment by touareg on Jan 18, 2022 12:40pm
Perhaps there are those who saw the $2.22 open as an oportunity to sell the news.. I think they will regret that soon enough and I also suspect there are some who feel silver will never escape from the grip of the criminals who have become quite blatant in there 'tamping' of the paper silver price.. I see this as desperation on their part as the time when they simply cannot maintain there ...more  
Comment by touareg on Jan 19, 2022 3:20am
Question: I am not a numbers guy but I wonder that If the Mill was running @ 500 tpd during December would that not imply that the production test was successfully completed by 12/31 ?
Comment by roberto146 on Jan 19, 2022 2:24pm
"... would that not imply that the production test was successfully completed by 12/31 ?" touareg: The production test requires 400 tpd average for 30 days; 12,000 tons. The whole 4Q production (milling) is only 7,172 tons according to the news release. ... About the share price today, maybe the huge volume today implies news is coming regarding Wheaton agreement which would remove ...more  
Comment by touareg on Jan 20, 2022 4:59am
Thanks roberto.. I need to do some catching up on reading etc.
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