Bermingham Overview

The Bermingham indicated mineral resources were expanded in September 2018 from 17.3 million ounces to 33.4 million ounces of contained silver, while inferred mineral resources increased from approximately 5.5 million ounces  to 10.4 million ounces of contained silver. The company is currently working on a 14,000 m surface exploration program to be completed in October 2018.

In May of 2018, the Company completed advancement of a 600 meter underground advanced exploration decline, which allowed for a 5,000 meter underground infill diamond drill program which was completed in mid-2018. Most of the results from the underground drill program were included in the updated Bermingham mineral resouce published on September 20, 2018 in a news release entitled “Alexco Updates Bermingham Mineral Resource.”  

Within the current mine plan, Bermingham is scheduled to come online after Bellekeno and will be used to blend with Flame & Moth to maximize throughput and grade.