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Alexco Environmental Group

Welcome to Alexco

ALEXCO RESOURCE CORP. (TSX: AXR / NYSE-American: AXU) owns the Keno Hill Silver District in Canada’s Yukon Territory which historically, is one of the highest-grade silver districts in the world having produced more than 214 million ounces of silver at an average grade of approximately 1,373 grams per tonne (g/t) silver (44 ounces per tonne (oz/t)) during the early and mid-1900’s.

Alexco is a primary silver company and provides an exceptional opportunity to investors looking for exposure and leverage to silver. Sequential production from the four deposits within the 2017 Preliminary Economic Assessment comprise a 400 tonne per day life-of-mine production stream totaling 1,021,000 tonnes with an average grade of 843 g/t silver (30 oz/t), 3.31% lead and 4.2% zinc.

Alexco is focused on moving the district back towards a final production decision and operations start-up before the end of 2018 by completing an advanced underground exploration program at its Bermingham deposit, followed by a decision to complete underground development of the Flame & Moth deposit along with recommissioning of the mill and surface infrastructure.

Over the last ten years Alexco has maintained a strong and systematic exploration ethic at Keno Hill and has been rewarded with discovery and documentation of 68 million ounces of silver in indicated resources and a further 18 million ounces in inferred resources. Notably, in the last three years Alexco geologists have added more than 20 million ounces of indicated silver at an average grade of 800 g/t (28 oz/t) to our resource base, primarily related to the discovery of the Flame & Moth and Bermingham deposits.

Alexco is a proven explorer, developer and mine operator with assets in a tier one jurisdiction - Canada. Our culture and values drive us to achieve excellence in all that we do, and to support communities and organizations in the areas in which we work.

Asset 1

Pathway to Production

Asset 1

Achievements and Milestones

Alexco IPO and acquisition of Keno Hill
Alexco Entered Silver Purchase Agreement with Wheaton Precious Metals for $50 million
Alexco and First Nation of Na-Cho Nyak Dun signed Cooperation and Benefits agreement
Completed construction of Bellekeno mine and Iniated Mill Commissioning
Alexco achieved Commercial production at Bellekeno
Alexco discovered Flame & Moth deposit
Company received Amended Water Use License - Fully permitted for Bellekeno, Onek, and Lucky Queen
Alexco suspended operations and put on Care & Maintenance
Alexco discovered Bermingham deposit
Alexco amended Wheaton Precious Metals stream
Alexco filed updated Preliminary Economic Assessment
Company received amended Class IV permit to drive advanced exploration decline at Bermingham deposit
Amended Water Use License for Flame & Moth
In Progress - Target Completion Q1 2018
Advanced exploration decline at Bermingham deposit
In Progress
Equipment and Mill Preparation
Target Commencement Q1 2018 - Target Completion Q2 2018
Advanced underground exploration drill program at Bermingham
Target Commencement Q2 2018 - Target Completion Q3 2018
Development decline at Flame & Moth deposit
Target Q4 2018
Positive Production Decision
Target Q3 2018
Reopen Bellekeno and stockpile Ore
Target Q3 2018
Start mill preparation and Commissioning
Target Q4 2018
Start production
Target Q1 2019
Amended Quartz Mining License and Water Use License for Bermingham deposit
Asset 1

One Project, Four Deposits

A Rich Past, A Promising Future

The continuing discoveries of some of the largest deposits ever in the District reaffirm the prolific and prospective nature of Keno Hill.

Latest News

December 28, 2017 Alexco Announces Amendment of Water Use Licence at Keno Hill and Other Developments
November 7, 2017 Alexco Completes 2017 Surface Exploration Program, Expands Bermingham Silver Deposit, Advances Underground Development
November 2, 2017 Alexco Reports Third Quarter 2017 Results

Events & Webcasts

Feb 25, 2018 GSA Investors Day
Feb 25 - 28, 2018 BMO Capital Markets Global Metals and Mining Conference
Mar 4 - 7, 2018 PDAC
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© 2018 Alexco Resource Corp.
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