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Mill improvements and surface explorations nearing completion

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YUKON

Progress on site‐wide capital projects including mill modifications and infrastructure improvements for Alexco Resource Corp. continue to be
on pace for completion with mill commissioning and production of silver concentrate in Q4 2020. In the mill, installation of the new tailings filter press and second ball mill are 95 per cent and 75 per cent complete, respectively. Improve‐ ment projects underway include the construction of a crusher enclosure and ventilation system and modification of the fine ore feeder system. Surface construction activities nearing final completion include the expansion of the camp accommodation complex including two new bunkhouse units, an upgraded administration complex, and employee dry and wash facilities. Rehabilitation and capital development continue on schedule at each of the three underground mines slated for initial ore pro‐ duction, with emphasis on the Bellekeno Mine where initial ore will be used for commissioning of the mill in Q4. All major pieces of new underground mine equipment have been delivered to site and are currently operating or
are being commissioned.
At the Bermingham mine, construction of the water treatment plant is underway, which is required prior to resuming ramp development. The 2020 surface exploration program has been extended to include a total of approxi‐ mately 7,500 metres of core drilling in at least 12 holes, exclusively testing for deeper mineralization in the Bermingham mine area. Drilling
will continue until late November.