Alexco Resource Corp. owns 100% of the historic Keno Hill Silver District, located in Canada's Yukon Territory. The Bellekeno silver mine, one of the world's highest-grade silver mines with a production grade of up to 1,000 grams per tonne, commenced commercial production at the beginning of calendar year 2011 and was Canada's only operating primary silver mine from 2011 to 2013. Alexco recently announced an interim suspension of operations at Bellekeno in order to decrease costs and reposition the District for long-term, sustainable operations. Alexco is rapidly exploring other promising high-grade silver prospects on its other District properties. Two more mines are already well into development, and the recent discovery of one of the largest deposits ever in the District point to the prolific and prospective nature of Keno Hill. Alexco has a goal of identifying 100 million ounces of silver in this historic District and ramping up to more than 7 million ounces of annual silver production over the next decade.
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