Alexco nearing production at Keno Hill mines

Alexco Resource Corp. is entering the final phase of development at its Keno Hill project.

The company said in a press release June 24 that the Yukon Water Board had issued it the draft terms and conditions of the water licence for the Keno Hill Silver District, and that it’s now “is moving forward with final development of its mines” at the site.

It expects to begin production and sales of silver in the fourth quarter of 2020.

The press release says Alexco “has begun preparations to restart underground development work in the Flame & Moth and Bermingham declines,” where ramps needs to be put in to reach ore, with level access development, ventilation raises, and initial cut and fill ore headings scheduled for completion later this year.

Increased ore production is expected in the first quarter of 2021.

Meanwhile, another mine, the Bellekeno, will be rehabilitated, with about 20,000 tonnes of ore expected to be extracted in the third and fourth quarter.

The press release adds that Alexco will begin a deep-surface exploration drilling program next month to better determine the extent of the Bermingham silver deposit, which contains an estimated 32.9 million ounces of silver.

Alexco president Brad Thrall said in the press release that, with the current scenario, he was “confident” the company could achieve first concentrate production in the fourth quarter, ramping up to a full-capacity production of 400 tonnes per day by the first half of 2021.

“I would like to thank our employees, the First Nation of Na-Cho Nyak Dun, the Yukon Government, and our long-time shareholders for their dedication and support during the past couple of years,” Thrall said. “We look forward to updating you on our progress as Alexco becomes Canada’s only primary silver producer.”

Contact Jackie Hong at jackie.hong@yukon-news.com

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Comments are closed

Just Posted

Higher camping fees, new campground, reconciliation efforts feature in Yukon parks 10-year strategy

Creating a new campground within two hours of Whitehorse, introducing higher camping… Continue reading

YG and pharmacies preparing for flu vaccine distribution

The Yukon government is preparing for flu season and encouraging people to… Continue reading

Non-resident tests positive for COVID-19

The individual has been hospitalized in Whitehorse

Yukon working with B.C. on COVID-19 “mouth rinse” tests for children

The tests are easier for children than the comparatively uncomfortable nose swab

Throne speech promises COVID-19 support, childcare, internet upgrades

Yukon premier said he is “cautiously optimistic” about many commitments

Hot Hounds bikejor race serves as lone summer competition

Held in Mount Lorne, the race was organized by the Dog Powered Sports Association of the Yukon

Whitehorse operations building officially open

Staff are taking phased approach to moving in

North of Ordinary Experience Centre shutting down

COVID-19 has caused bookings for the space to become almost non-existent, owner says

Canada Games Centre could get new playground

Council to vote on contract award

City hall, briefly

A look at decisions made by Whitehorse city council this week

Harescramble brings out motorcycle community

This year’s event included 67 riders

YG seeks members for youth climate change panel

“Yukon youth deserve to have their voices heard”

Yukon NDP hold AGM

This year’s meeting was held virtually

Most Read