Alexco Issued New Quartz Mining License for Bellekeno, Flame & Moth, Bermingham and Lucky Queen Silver Deposits at Keno Hill. Strengthens Operations Management Team
Alexco Resource Corp Common Shares (Canada) (AXU)
NASDAQ:AMEX Investor Relations:
alexcoresource.com/investors/overview-1
Company Research
Source: PR Newswire
VANCOUVER, Dec. 2, 2019 /PRNewswire/ - Alexco Resource Corp. (NYSE-American: AXU) (TSX: AXU) ("Alexco" or the "Company") is pleased to announce that it has been issued an amended Quartz Mining License ("QML") for the Keno Hill Silver District from the Yukon Government. The amended QML is effective for 17 years and applies to the Bermingham, Flame & Moth, Bellekeno, Lucky Queen silver deposits, and the Onek zinc-silver deposit. Amendment of the Company's QML was necessary to incorporate the Bermingham deposit into the Keno District Operations mine plan. The amended QML authorizes underground operations for development and production from Alexco's Bermingham, Flame & Moth, Bellekeno, Lucky Queen and Onek deposits as well as construction and management of mine waste rock and dry stack tailings facilities. The QML also extends the authorization to operate and maintain the 400 tonne per day Keno District Mill and associated ancillary facilities, construct and maintain the district wide sur
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