Mining News: Northern Neighbors: Alexco cuts bonanza silver at Bermingham

Alexco Resource Corp. Sept. 17 reported results from its 2015 drilling program at the Bermingham deposit of its Keno Hill Silver District project in Yukon Territory. Significant true-width intercepts from this 2,595-meter program include: 4.98 meters grading 7,462 grams per metric ton silver; 4.76 meters grading 2,357 g/t silver; and 2.35 meters of 3,774 g/t. silver. Together with the high-grade discovery intercept from the 2014 drill program – 6.39 meters grading 5,667 g/t silver, Alexco said the 2015 drilling has now identified a high-grade silver and gold-bearing zone over at least 140 meters down-plunge across a width of about 40 meters. The zone averages 3.7 meters thickness and remains open both up-dip and down-dip. Alexco President and CEO Clynt Nauman said this discovery “may be a game changer for the future of Keno Hill.”

–Shane Lasley