Alexco owns the high-grade Keno Hill Silver District in the Yukon. A PFS published in March 2019 anticipates production of 1.2 million tonnes of ore at an average of 805 grams per tonne silver, 2.98% lead and 4.13% zinc from four deposits over 8 years. Annual silver production is expected to be ~3.5 million ounces. The PFS anticipates $23 million in capital expenditures and a runway to production of 4-6 months. Alexco expects to receive a renewed Water Use Licence for the Bermingham deposit in Q4 2019. Keno Hill retains significant exploration and operational upside.
Alexco also owns and operates Alexco Environmental Group, which provides mine-related environmental services, remediation technologies and reclamation and mine closure services to government and industry clients in North America and elsewhere.
Clynt Nauman – CEO
Mr. Nauman brings over 35 years of diversified experience in the mineral industry, ranging from exploration and business development to operations and business management in the precious metals, base metals and coal sectors. Mr. Nauman is also currently the CEO of Asset Liability Management Group, and was General Manager of Kennecott Minerals from 1993-1998 and the President and CEO of Viceroy Resource Corporation from 1998-2002. Mr. Nauman holds a B.Sc. in geology.