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Results confirm a mineralized zone

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YUKON

Alexco Resource Corp. reports initial results from its ongoing Bermingham Northeast Deep zone infill and extension drilling program in the Keno Hill Silver District in the Yukon. The current 19,000 metre drill program targets over 50 resource intercepts along a zone that was discovered in 2019 and extended over a 500 m strike length in 2020. 

The 2021 exploration drilling program is currently approximately 80 per cent complete. The drilling program is focused at depth northeast of the Bermingham deposit that contains silver mineral resources of 32.96 million ounces (Moz) Indicated (including 18.2 Moz Probable Reserve) and 11.74 Moz Inferred. 

Interim results confirm the presence of an approximate 500 m long sub horizontal mineralized zone with at least a 100 m vertical extent located approximately 150 m below the Bermingham Northeast mining reserve. To achieve an accurate intersection pattern at depth, directional core drilling (HQ and NQ) is being used to ensure a robust resource estimation can be completed as planned in the four quarter of 2021. 

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