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Stock impact report

Alexco Announces Second Quarter 2021 Results

Alexco Resource Corp Common Shares (Canada) (AXU) 
NASDAQ:AMEX Investor Relations: alexcoresource.com/investors/overview-1
Company Research Source: PR Newswire
(All amounts in CDN$ unless otherwise indicated) VANCOUVER, BC, Aug. 11, 2021 /PRNewswire/ - Alexco Resource Corp. (NYSE American: AXU) (TSX: AXU) ("Alexco" or the "Company") today reports financial results for the quarter ended June 30, 2021 ("Q2 2021"). The Company also provides an update on capital development projects, scale up of mining operations, and exploration activities at Keno Hill.Q2 2021 Highlights22% Increase in Mineral Reserves at Keno Hill: On May 26, 2021, the Company announced the expansion of Mineral Reserves by 22% or 270,000 tonnes to 1.44 million tonnes, grading an average 804 grams per tonne ("g/t") silver ("Ag"), 3.84% zinc ("Zn"), 2.64% lead ("Pb"), 0.31 g/t gold ("Au"), or approximately 1,035 g/t Ag equivalent1. The updated reserve mine plan is projected to produce over 35.5 million ounces of Ag over the next 8 years. Mill Performance, Throughput and Recovery on Track: Since initial commissioning in December 2020, the mill has been operating on a modified sc Show less Read more
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