UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Form 6-K
REPORT
OF FOREIGN PRIVATE ISSUER
PURSUANT
TO RULE 13a-16 OR 15d-16
UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of August 2018. |
Commission File
Number 001-33621 |
ALEXCO RESOURCE
CORP.
(Translation
of registrant's name into English)
Suite 1225,
Two Bentall Centre
555 Burrard
Street, Box 216
Vancouver,
BC V7X 1M9 Canada
(Address of principal executive office)
Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form 40-F.
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
SUBMITTED
HEREWITH
SIGNATURES
Pursuant to
the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
|
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ALEXCO RESOURCE CORP. |
|
|
|
(Registrant) |
|
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|
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By: |
/s/ Mike Clark |
|
Date: August 9,
2018 |
|
|
Mike Clark
Chief Financial Officer |
Exhibit 99.1
Alexco Drills up to 12 Meters (true width)
of 1,019 Grams per Tonne Silver at Bermingham; Provides Updates on Permitting and Underground Development
VANCOUVER, Aug. 9, 2018 /CNW/ - Alexco
Resource Corp. (NYSE American:AXU) (TSX:AXR) today announced initial results from its ongoing 2018 drilling program at the
high-grade Bermingham deposit in the Keno Hill Silver District in Canada's Yukon Territory. Infill resource and peripheral zone
drilling is currently underway from underground in the Bermingham exploration decline and from surface (for deeper extensions).
The drilling will further define the previously outlined resource (858,000 tonnes with an average grade of 628 grams per tonne
("g/t") silver ("Ag") totaling an indicated 17.3 million ounces of silver), as well as more accurately outline
and/or extend the upper zone of the potentially mineable tonnes (totaling 220,000 tonnes with an average grade of 1,276 g/t silver)
included in the updated preliminary economic assessment dated March 29, 2017 (see news releases dated December 8, 2016, entitled
"Alexco Expands Bermingham Silver Deposit, Initial Tests Confirm Excellent Metallurgical Performance" and news
release dated March 29, 2017, entitled "Alexco and Silver Wheaton Amend Silver Purchase Agreement and Alexco Announces Positive
Preliminary Economic Assessment for Expanded Silver Production at Keno Hill"). In addition, Alexco announces updates on permitting
for the Bermingham deposit and underground development at the Flame & Moth deposit.
Highlights
In 2018 a combined total of 26 holes have been
drilled from surface and underground at the Bermingham deposit with results available from 14 holes and include the following highlights:
- Significant silver-rich intercepts have been obtained from
fourteen infill holes drilled within or proximal to the Bermingham resource. True width intercepts of the Bear Vein ranging up
to 12.28 meters ("m") grading 1,019 g/t (32.8 ounces per tonne ("oz/t")) Ag in hole BMUG18-012 and 2.28 m grading
9,723 g/t (312.6 oz/t) Ag in drill hole BMUG18-015 (see Assay Composite Table, Drill Hole Location Map and Drill Hole Detail Table
in the Appendices of this news release);
- Other significant intersections from the associated Bermingham
and Bermingham Footwall veins include true width intercepts of 4.17 m grading 5,373 g/t (172.8 oz/t) Ag in hole BMUG18-015 and
4.26 m grading 1,958 g/t (63.0 oz/t) in hole BMUG18-008;
- Alexco received a positive Decision Document on July 27,
2018 by the Yukon Government for the development and production at the Bermingham deposit. Alexco has submitted a water license
renewal application to the Yukon Water Board for processing and milling ore from the Bermingham mine; and
- Advancement of the Flame & Moth decline continues with
the drive ~45% complete and continuing apace.
Alexco Chairman and CEO Clynt Nauman commented,
"The primary goal of our Bermingham exploration program is to confirm and expand the Bermingham silver resource through tightening
up drill spacing within the resource and potential production areas and to better define open extensions. We are meeting success
on all fronts. As we systematically expand the drill coverage, our understanding of the complex mineralized vein system, including
the high grade Bear Vein, continues to increase. In the meantime continued exploration drilling from the surface in the vicinity
of the Bermingham deposit is expected to also contribute to a new resource estimate which will be released concurrent with our
prefeasibility study either late Q3 or early Q4. Not to be overshadowed, we have achieved a milestone with the submission of the
water license renewal application while also increasing the pace of our Flame and Moth underground development."
Drilling
To date, eleven underground drill holes and
three surface holes totaling 2,396 m of HQ core drilling at Bermingham have assays completed. The drilling results confirm the
vein model interpretation and continuity of significant high grade silver values. The interconnected mineralized vein systems at
Bermingham include very high grade shoots such as the Bear Vein where our current Preliminary Economic Assessment mine plan identifies
220,000 potentially mineable tonnes grading 1,276 g/t Ag, sitting within more extensive zones of "lower" grade mineralization
with true widths up to 8.62 m thick grading more than 600 g/t Ag (see news release dated March 29, 2017, entitled "Alexco
and Silver Wheaton Amend Silver Purchase Agreement and Alexco Announces Positive Preliminary Economic Assessment for Expanded Silver
Production at Keno Hill").
Since the completion of the underground exploration
decline at Bermingham in May 2018, underground resource infill drilling utilizing two drill rigs commenced and to the date of this
release, 3,650 m of underground HQ core drilling has been completed in 21 drill holes. At the same time, surface drilling to complement
and extend the deeper part of the resource commenced in early June, and to date five holes for 1,499 m of HQ core drilling has
been completed. Assay results for 14 of these 26 holes have been completed and are reported here.
The underground drill program is designed to
provide close spaced intersections at 10 – 15 m of the high-grade Bear Vein Indicated Resource that might allow conversion
to a Measured Resource category in the upper levels of planned mine development once the program is complete, and to also intersect
the other adjacent Bermingham veins to extend the current resource.
2018 Progress Drill Composite Assay Interval
Highlights
BMUG18-012 |
25.07 m interval (12.28 m true width) from 136.25 m at 1,019 g/t
(32.8 oz/t) Ag; 2.07% lead ("Pb"); 1.27% zinc ("Zn"); that includes the 2.07 m interval (1.01 m true width)
from 138.05 m at 8,435 g/t (271.2 oz/t) Ag.
|
BMUG18-015 |
7.59 m interval (4.17 m true width) from 136.06 m at 5,373 g/t (172.8
oz/t) Ag; 5.88% Pb; 4.91% Zn; that includes the 4.15 m interval (2.28 m true width) from 137.20 m at 9,723 g/t (312.6 oz/t) Ag.
|
BMUG18-008 |
6.46 m interval (4.26 m true width) from 115.20 m at 1,958 g/t (63.0
oz/t) Ag; 5.81% Pb; 2.69% Zn.
|
BMUG18-010 |
10.17 m interval (7.22 m true width) from 101.53 m at 841 g/t (27.0
oz/t) Ag; 1.73% Pb; 1.50% Zn; that includes the 6.17 m interval (4.38 m true width) from 101.53 m at 1,288 g/t (41.4 oz/t) Ag.
|
BMUG18-007 |
1.11 m interval (0.77 m true width) from 111.24 m at 3,428 g/t (110.2
oz/t) Ag; 12.14% Pb; 3.12% Zn; that includes the 0.66 m interval (0.46 m true width) from 111.24 m at 5,650 g/t (181.6 oz/t) Ag.
|
K-18-0677 |
1.14 m interval (0.98 m true width ) from 311.96 m at 1,515 g/t (48.7
oz/t) Ag; 4.08% Pb; 3.01% Zn; that includes the 0.44 m interval (0.38 true width) from 311.96 m at 3,490 g/t (112.2 oz/t) Ag; and
also the 1.60 m interval (1.38 m true width) from 325.75 m at 1,040 g/t (33.4 oz/t) Ag; 1.10% Pb; 0.92% Zn; that includes the 0.13
m interval (0.11 m true width) from 325.75 m at 12,126 g/t (389.8 oz/t) Ag.
|
BMUG18-005 |
3.87 m interval (3.10 m true width) from 92.13 m at 786 g/t (25.3 oz/t) Ag; 1.4% Pb; 0.37% Zn; that includes the 0.54 m interval (0.43 m true width) from 92.13 m at 4,820 g/t (155.0 oz/t) Ag. |
Details of the drill holes are shown in Table
1. Composite assay grades and intervals, calculated at a 30 g/t Ag cutoff restricted to include a maximum of two meters unmineralized
dilution, used to identify the mineralized zones are shown in Table 2.
Permitting Update
Alexco has completed the environmental assessment
process for the Bermingham Development and Production Program with the issuance of a positive Decision Document on July 27, 2018
by the Yukon Government as the Decision Body. The Decision Document outlines a number of standard terms and conditions for
the development and mine production at the Bermingham deposit. These terms and conditions will be incorporated into the Company's
Quartz Mining and Water Licences for Bermingham. With the issuance of the Decision Document, Alexco has recently submitted
a water license renewal application to the Yukon Water Board for processing and milling ore and discharging treated water from
the Bermingham mine.
Mine Development Update
Following completion of the Bermingham exploration
decline in early May 2018, Alexco relocated its underground mine development team and equipment to the Flame and Moth deposit to
resume decline and ramp development. To date, 283 meters of primary development has been completed including supporting remuck
bays and sumps. The Flame and Moth decline is being constructed at a design of 15% grade and sized 3.7 m wide x 4.0 m high and
will accommodate new underground drilling headings as well as haulage of a planned 260 tonnes of ore per day to the primary crusher
which is located within 200 m of the mine portal. Approximately 310 m of ramp development and supporting remuck bays remains to
reach the first ore level access at the Lightning Zone within the Flame and Moth deposit.
Notes
The 2018 exploration drill program and sampling
protocol has been reviewed, verified and compiled by Alexco's geologic staff under the supervision of Alan McOnie, Vice President,
Exploration for Alexco and a Qualified Person as defined by National Instrument 43-101 ("NI-43-101"). A rigorous quality
control and quality assurance protocol is used on the project, including blank, duplicate and standard reference samples in each
batch of 20 samples deliver to the assay lab. Drill core samples were direct shipped to ALS Minerals Lab at Whitehorse, Yukon for
preparation, and to the ALS Minerals facility in North Vancouver, British Columbia for fire assay, multi-element ICP and overlimit
analyses.
The disclosure of all other scientific and
technical information contained in this news release regarding projects on Alexco's mineral properties have been reviewed and approved
by Mr. Alan McOnie, FAusIMM, Alexco's Vice President, Exploration, while that regarding mine development and operations has been
reviewed by Neil Chambers, P.Eng., Mine Superintendent, both of whom are Qualified Persons as defined by National Instrument 43-101
– Standards of Disclosure for Mineral Projects ("NI 43-101").
About Alexco
Alexco owns the majority of the historic high-grade
Keno Hill Silver District in Canada's Yukon Territory. Alexco published an updated Preliminary Economic Assessment in March 2017,
which anticipates the sequential development of four high grade silver deposits over an eight year mine life producing more than
one million tonnes with an average grade of 843 grams per tonne silver, 3.3% lead and 4.6% zinc. Silver production is anticipated
to be approximately 3.5 million ounces per year.
Alexco also operates a wholly-owned subsidiary
business, Alexco Environmental Group, that provides mine-related environmental services, remediation technologies and reclamation
and mine closure services to both government and industry clients in North America and elsewhere.
Please visit the Alexco website at www.alexcoresource.com
Some statements ("forward-looking statements")
in this news release contain forward-looking information concerning Alexco's anticipated results and developments in Alexco's operations
in future periods, planned exploration and development of its properties, plans related to its business and other matters that
may occur in the future, made as of the date of this news release. Forward looking statements may include, but are not limited
to, statements with respect to the future remediation and reclamation activities, future mineral exploration, the estimation of
mineral reserves and mineral resources, the realization of mineral reserve and mineral resource estimates, future mine construction
and development activities, future mine operation and production, the timing of activities and reports, the amount of estimated
revenues and expenses, the success of exploration activities, permitting time lines, requirements for additional capital and sources
and uses of funds. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors
which could cause actual events or results to differ from those expressed or implied by the forward-looking statements. Such factors
include, among others, risks related to actual results and timing of exploration and development activities; actual results and
timing of mining activities; actual results and timing of environmental services activities; actual results and timing of remediation
and reclamation activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined;
future prices of silver, gold, lead, zinc and other commodities; possible variations in mineable resources, grade or recovery rates;
failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry;
First Nation rights and title; continued capitalization and commercial viability; global economic conditions; competition; and
delays in obtaining governmental approvals or financing or in the completion of development activities. Forward-looking statements
are based on certain assumptions that management believes are reasonable at the time they are made. In making the forward-looking
statements included in this news release, Alexco has applied several material assumptions, including, but not limited to, the assumption
that Alexco will be able to raise additional capital as necessary, that the proposed exploration and development will proceed as
planned, and that market fundamentals will result in sustained silver, gold, lead and zinc demand and prices. There can be no assurance
that forward-looking statements will prove to be accurate and actual results and future events could differ materially from those
anticipated in such statements. Alexco expressly disclaims any intention or obligation to update or revise any forward-looking
statements whether as a result of new information, future events or otherwise, except as otherwise required by applicable securities
legislation.
APPENDICES
Table 1 - Drill Hole Details
Hole |
Easting |
Northing |
Elevation (m) |
Surface Azimuth |
Surface Dip |
Length (m) |
Date Started |
Date Completed |
BMUG 18-003 |
479026.41 |
7086929.35 |
1161.63 |
138 |
-11 |
105 |
2018-05-18 |
21/05/18 |
BMUG18-004 |
479021.824 |
7086941.655 |
1163.624 |
117 |
-15 |
108 |
17/05/18 |
21/05/18 |
BMUG18-005 |
479027.123 |
7086929.277 |
1161.546 |
131 |
-12 |
99 |
21/05/18 |
26/05/18 |
BMUG18-006 |
479022.01 |
7086941.362 |
1163.648 |
124 |
-12 |
117 |
21/05/18 |
25/05/18 |
BMUG18-007 |
479022.201 |
7086941.892 |
1163.462 |
126 |
-24 |
118.5 |
25/05/18 |
29/05/18 |
BMUG18-008 |
479026.056 |
7086928.846 |
1161.266 |
139 |
-20 |
124.5 |
25/05/18 |
29/05/18 |
BMUG18-009 |
479022.316 |
7086941.959 |
1163.52 |
127 |
-19 |
114 |
29/05/18 |
2/06/18 |
BMUG18-010 |
479025.927 |
7086928.788 |
1161.575 |
139 |
-16 |
121.5 |
29/05/18 |
6/06/18 |
BMUG18-011 |
479022.062 |
7086941.759 |
1163.28 |
136 |
-27 |
130.5 |
2/06/18 |
8/06/18 |
BMUG18-012 |
479025.772 |
7086928.624 |
1161.222 |
143 |
-30 |
176.52 |
6/06/18 |
17/06/18 |
BMUG18-015 |
479025.971 |
7086928.6 |
1161.301 |
143 |
-27 |
234 |
19/06/18 |
25/06/18 |
K-18-0677 |
479094.7825 |
7086617.405 |
1356.95 |
286 |
-56 |
362 |
8/05/18 |
20/05/18 |
K-18-0686 |
479095.5403 |
7086617.673 |
1356.952 |
294 |
-62 |
400.5 |
25/05/18 |
2/06/18 |
K-18-0689 |
479021.9052 |
7086665.678 |
1350.482 |
286 |
-68 |
289.5 |
2/06/18 |
7/06/18 |
Figure
1 – Drill Hole Locations (CNW Group/Alexco Resource Corp.)
Table 2 - Preliminary 2018 Bermingham Assay
Composites
Hole |
From (m) |
To (m) |
Interval (m) |
Est. True Width (m)1 |
Ag (g/t) |
Ag (oz/t) |
Au (g/t) |
Pb (%) |
Zn (%) |
Vein Name2 |
BMUG-003 |
88.50 |
98.05 |
9.55 |
7.64 |
121 |
3.89 |
0.01 |
0.19 |
0.87 |
BR Vein |
including |
94.50 |
95.16 |
0.66 |
0.53 |
1012 |
32.54 |
0.03 |
1.45 |
6.88 |
|
BMUG18-004 |
99.00 |
102.41 |
3.41 |
2.86 |
208 |
6.69 |
0.01 |
2.18 |
0.02 |
BR Vein |
Including |
99.00 |
99.41 |
0.41 |
0.34 |
1540 |
49.51 |
0.08 |
17.55 |
1.07 |
|
105.00 |
106.50 |
1.50 |
1.26 |
208 |
6.69 |
0.01 |
0.78 |
0.09 |
|
|
BMUG18-005 |
87.64 |
88.13 |
0.49 |
0.39 |
178 |
5.72 |
0.03 |
1.33 |
0.51 |
BR Vein |
|
92.13 |
96.00 |
3.87 |
3.10 |
786 |
25.26 |
0.02 |
1.40 |
0.37 |
|
Including |
92.13 |
92.67 |
0.54 |
0.43 |
4820 |
154.96 |
0.09 |
6.72 |
0.41 |
|
|
BMUG18-006 |
96.58 |
102.00 |
5.42 |
4.55 |
107 |
3.44 |
0.02 |
0.41 |
0.40 |
BR Vein |
|
109.50 |
115.50 |
6.00 |
5.04 |
99 |
3.19 |
0.00 |
0.10 |
0.65 |
|
Including |
112.95 |
113.58 |
0.63 |
0.53 |
426 |
13.70 |
0.03 |
0.13 |
3.89 |
|
|
BMUG18-007 |
111.24 |
112.35 |
1.11 |
0.77 |
3428 |
110.20 |
0.26 |
12.14 |
3.12 |
BR Vein |
Including |
111.24 |
111.90 |
0.66 |
0.46 |
5649 |
181.63 |
0.42 |
20.31 |
4.60 |
|
BMUG18-008 |
12.75 |
13.65 |
0.90 |
0.59 |
877 |
28.20 |
0.07 |
1.30 |
1.50 |
BR Vein |
|
115.20 |
121.66 |
6.46 |
4.26 |
1958 |
62.95 |
0.17 |
5.81 |
2.69 |
|
|
BMUG18-009 |
104.01 |
107.59 |
3.58 |
2.72 |
315 |
10.12 |
0.02 |
0.91 |
0.32 |
BR Vein |
Including |
104.82 |
106.50 |
1.68 |
1.28 |
594 |
19.10 |
0.04 |
1.77 |
0.46 |
|
BMUG18-010 |
85.50 |
86.66 |
1.16 |
0.82 |
147 |
4.73 |
0.01 |
0.66 |
0.05 |
BR Vein |
|
95.72 |
96.32 |
0.60 |
0.43 |
43 |
1.38 |
0.02 |
0.60 |
0.04 |
|
|
101.53 |
111.70 |
10.17 |
7.22 |
841 |
27.05 |
0.06 |
1.73 |
1.50 |
|
Including |
101.53 |
107.70 |
6.17 |
4.38 |
1288 |
41.41 |
0.07 |
2.82 |
2.09 |
|
and Including |
111.14 |
111.70 |
0.56 |
0.40 |
416 |
13.37 |
0.08 |
0.22 |
0.84 |
|
|
118.84 |
120.19 |
1.35 |
0.96 |
506 |
16.27 |
0.06 |
0.01 |
0.02 |
|
|
BMUG18-011 |
12.00 |
13.50 |
1.50 |
0.90 |
33 |
1.05 |
0.01 |
0.38 |
0.05 |
|
|
121.50 |
129.22 |
7.72 |
4.63 |
2045 |
65.78 |
0.21 |
7.14 |
0.97 |
BR Vein |
Including |
124.26 |
127.87 |
3.61 |
2.17 |
3483 |
111.99 |
0.25 |
12.22 |
1.56 |
BMUG18-012 |
136.25 |
161.32 |
25.07 |
12.28 |
1019 |
32.76 |
0.13 |
2.07 |
1.27 |
BR Vein |
Including |
138.05 |
140.12 |
2.07 |
1.01 |
8435 |
271.17 |
0.88 |
15.50 |
5.76 |
Hole |
From (m) |
To (m) |
Interval (m) |
Est. True Width (m)1 |
Ag (g/t) |
Ag (oz/t) |
Au (g/t) |
Pb (%) |
Zn (%) |
Vein Name2 |
and Including |
148.22 |
154.71 |
6.49 |
3.18 |
963 |
30.97 |
0.11 |
2.14 |
1.31 |
|
|
BMUG18-015 |
130.50 |
132.70 |
2.20 |
1.21 |
141 |
4.55 |
0.19 |
0.12 |
0.07 |
BR Vein |
|
136.06 |
143.65 |
7.59 |
4.17 |
5373 |
172.75 |
0.38 |
5.88 |
4.91 |
|
Including |
137.20 |
141.35 |
4.15 |
2.28 |
9723 |
312.58 |
0.66 |
10.68 |
8.85 |
|
|
204.00 |
213.00 |
9.00 |
6.66 |
647 |
20.80 |
0.07 |
0.60 |
1.33 |
BM FW Vein |
Including |
206.38 |
213.00 |
6.62 |
4.90 |
854 |
27.47 |
0.07 |
0.67 |
1.56 |
|
221.68 |
226.15 |
4.47 |
3.31 |
188 |
6.04 |
0.10 |
1.35 |
1.18 |
|
Including |
224.29 |
225.43 |
1.14 |
0.84 |
484 |
15.56 |
0.25 |
4.70 |
3.48 |
|
|
K-18-0677 |
284.00 |
284.62 |
0.62 |
0.30 |
45 |
1.44 |
0.03 |
0.59 |
1.58 |
Aho Vein |
|
311.96 |
313.10 |
1.14 |
0.98 |
1515 |
48.70 |
0.13 |
4.08 |
3.01 |
BM Main |
Including |
311.96 |
312.40 |
0.44 |
0.38 |
3490 |
112.20 |
0.21 |
9.48 |
6.00 |
|
325.75 |
327.35 |
1.60 |
1.38 |
1040 |
33.43 |
0.13 |
1.10 |
0.92 |
BM splay |
Including |
325.75 |
325.88 |
0.13 |
0.11 |
12126 |
389.84 |
1.35 |
9.69 |
8.18 |
|
332.08 |
345.61 |
13.53 |
9.47 |
457 |
14.68 |
0.06 |
0.66 |
0.72 |
FW Vein |
Including |
335.54 |
338.72 |
3.18 |
2.23 |
1022 |
32.85 |
0.13 |
1.98 |
1.39 |
and Including |
341.00 |
341.76 |
0.76 |
0.53 |
1580 |
50.80 |
0.08 |
1.04 |
0.24 |
|
K-18-0686 |
280.58 |
284.70 |
4.12 |
2.22 |
156 |
5.01 |
0.04 |
1.00 |
0.59 |
Aho Vein |
Including |
284.40 |
284.70 |
0.30 |
0.16 |
958 |
30.80 |
0.28 |
1.84 |
4.46 |
|
323.37 |
328.07 |
4.70 |
3.90 |
313 |
10.07 |
0.06 |
0.46 |
0.93 |
BM Main |
Including |
324.85 |
326.84 |
1.99 |
1.65 |
601 |
19.31 |
0.10 |
0.79 |
1.92 |
|
333.21 |
334.71 |
1.50 |
1.25 |
143 |
4.58 |
0.04 |
0.05 |
0.47 |
BM splay |
|
356.94 |
357.88 |
0.94 |
0.65 |
221 |
7.11 |
0.08 |
1.47 |
0.91 |
FW Vein |
|
362.05 |
363.74 |
1.69 |
1.15 |
37 |
1.19 |
0.02 |
0.28 |
0.37 |
BR Vein |
|
371.00 |
371.52 |
0.52 |
0.35 |
463 |
14.89 |
0.03 |
7.14 |
0.07 |
|
|
373.37 |
374.00 |
0.63 |
0.43 |
112 |
3.60 |
0.03 |
0.83 |
0.42 |
|
|
K-18-0689 |
248.00 |
254.00 |
6.00 |
4.44 |
252 |
8.10 |
0.04 |
0.28 |
0.82 |
BM Main |
Including |
250.80 |
252.80 |
2.00 |
1.48 |
557 |
17.89 |
0.06 |
0.62 |
1.38 |
|
256.50 |
263.45 |
6.95 |
5.14 |
299 |
9.60 |
0.06 |
0.43 |
1.20 |
BM splay |
Including |
261.35 |
262.80 |
1.45 |
1.07 |
1295 |
41.63 |
0.15 |
1.48 |
4.48 |
|
265.80 |
268.35 |
2.55 |
1.43 |
211 |
6.79 |
0.03 |
0.88 |
0.34 |
BM FW splay |
Including |
266.00 |
266.42 |
0.42 |
0.24 |
774 |
24.88 |
0.11 |
2.15 |
0.80 |
|
271.00 |
275.60 |
4.60 |
2.58 |
485 |
15.60 |
0.06 |
0.84 |
0.71 |
BM FW Vein |
Including |
275.15 |
275.60 |
0.45 |
0.25 |
4480 |
144.03 |
0.43 |
6.66 |
0.87 |
Table 2 |
Preliminary Bermingham Assay Composites |
|
|
|
|
|
|
|
|
Calculated at 30 g/t Ag cut-off with a maximum of two meters unmineralized internal dilution. |
|
Calculated at 400 g/t Ag cut-off with a maximum of two meters unmineralized internal dilution. |
|
|
|
|
1 |
Estimated True Width from modelled vein attitude and drill hole intercept orientation. |
2 |
Correlated Vein : BM = Bermingham, BM FW = Bermingham Footwall Vein, BR = Bear Vein. |
View
original content with multimedia:http://www.prnewswire.com/news-releases/alexco-drills-up-to-12-meters-true-width-of-1-019-grams-per-tonne-silver-at-bermingham-provides-updates-on-permitting-and-underground-development-300694661.html
SOURCE Alexco Resource Corp.
View original content with multimedia: http://www.newswire.ca/en/releases/archive/August2018/09/c6455.html
%CIK: 0001364128
For further information: Clynton R. Nauman, Executive Chairman
and Chief Executive Officer, Lisa May, Director of Investor Relations, Phone: (778) 945-6577, Email: lmay@alexcoresource.com
CO: Alexco Resource Corp.
CNW 06:00e 09-AUG-18
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