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Keno Hill silver reserves leap 22% for Alexco

CryptoGuru by CryptoGuru
May 29, 2021
Keno Hill silver reserves leap 22% for Alexco
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The Keno Hill district mill exhibiting dry stack tailings facility and Christal Lake. Credit score: Alexco Useful resource

Alexco Useful resource Corp. (TSX: AXU; NYSE: AXU) has boosted silver content material at its Keno Hill undertaking in Yukon by 22% to 1.44 million tonnes grading 804 g/t silver, 3.84% zinc, 2.64% lead and 0.31 g/t gold in confirmed and possible reserves. These numbers symbolize about 1,035 g/t silver equal.

The mining plan has been up to date to projected output of 35.5 million oz. silver over the subsequent eight years. Common annual manufacturing will probably be 4.4 million oz. silver at an all-in sustaining value of $11.59 per ounce.

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