Alexco to Release Third Quarter 2020 Results on November 12, 2020
Alexco Resource Corp. (NYSE American: AXU) will release its third quarter 2020 financial results on November 12, 2020. The management will host a conference call on November 13, 2020 at 11:00 am ET to discuss these results. Alexco operates in Canada’s Yukon Territory, primarily focusing on the historic Keno Hill Silver District. The company aims to start producing and shipping concentrates in Q4 2020, projecting around 4 million ounces of silver production annually, based on its 2020 pre-feasibility study.
- Projected average silver production of approximately 4 million ounces per year.
- Keno Hill's high-grade silver deposits indicate significant mining potential.
- Anticipates starting concentrate production and shipments in Q4 2020.
- None.
VANCOUVER, BC, Oct. 26, 2020 /PRNewswire/ - Alexco Resource Corp. (NYSE American: AXU) (TSX: AXU) ("Alexco" or the "Company") today announced that it will release its third quarter 2020 financial results after market close on Thursday, November 12, 2020. Alexco management will host an audio webcast conference call to review those results on Friday, November 13, 2020 at 11:00 am Eastern Time (8:00 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 expects to start concentrate production and shipments in Q4 2020. 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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