Alexco to Release Full Year 2020 Results on March 11, 2021
Alexco Resource Corp. (AXU) will release its full-year 2020 financial results on March 11, 2021, after market close. Following this, a conference call will occur on March 12, 2021, at 1:00 PM Eastern Time to review these results. The company operates the Keno Hill Silver District, expected to produce approximately 4 million ounces of silver annually. The Keno Hill project has a mine life estimate of 8 years with significant growth potential.
- Keno Hill expected to produce approximately 4 million ounces of silver per year.
- Total production estimated at 1.18 million tonnes of ore over an 8-year mine life.
- High average grade of 805 grams per tonne, indicating strong resource quality.
- None.
VANCOUVER, BC, Feb. 25, 2021 /PRNewswire/ - Alexco Resource Corp. (NYSE American: AXU) (TSX: AXU) ("Alexco" or the "Company") today announced that it will release its full year 2020 financial results after market close on Thursday, March 11, 2021. Management will host an audio webcast conference call to review those results on Friday, March 12, 2021 at 1:00 pm Eastern Time (10:00 am Pacific Time). To participate in the live call, please use one of the following methods:
Dial toll free from Canada or the US: | 1-800-319-4610 |
Dial from outside Canada or the US: | 1-604-638-5340 |
Confirmation Code#: | Ask to join the Alexco conference call |
Live audio webcast: |
Participants should connect five to ten minutes before the call. The conference call will be recorded and an archived audio webcast will be available at www.alexcoresource.com shortly after the call.
About Alexco
Alexco is a Canadian primary silver company that owns and operates the majority of the historic Keno Hill Silver District, in Canada's Yukon Territory, one of the highest-grade silver deposits in the world. Alexco is currently advancing Keno Hill to production and started concentrate production and shipments in Q1 2021. As per Alexco's 2020 pre-feasibility study, Keno Hill is expected to produce an average of approximately 4 million ounces of silver per year contained in high quality lead/silver and zinc concentrates. Total production over an 8-year mine life is estimated at 1.18 million tonnes of ore at an average rate of 430 tonnes per day at an average grade of 805 grams per tonne. Keno Hill retains significant potential to grow and Alexco has a long history of expanding the operation's Mineral Resources through successful exploration.
Please visit the Alexco website at www.alexcoresource.com
Some statements ("forward-looking statements") in this news release contain forward-looking information concerning the Company's anticipated results and developments in the Company's operations in future periods, made as of the date of this news release. Forward-looking statements may include, but are not limited to, statements with respect to the timing of activities and reports. 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. Forward-looking statements are based on certain assumptions that management believes are reasonable at the time they are made. 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. The Company 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.
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SOURCE Alexco Resource Corp.
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