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Alexco: Interesting Emerging Silver Producer
Posted on July 25, 2008
I had the opportunity to attend the corporate presentation by Mr. Clynton Nauman, President and CEO of Alexco Resource (AXU) [TSX: AXR]. Alexco Resource was incorporated in 2004 and is headquartered in Vancouver. They engage in the exploration and development of mineral properties in the Yukon Territory, Canada. The company's primary project is their 100% ownership of Keno Hill Silver District, an area of 20 miles by 10 miles, which consists of 35 mines with historic production of 217M ounces of silver at average grades of approximately 40 ounces per ton, one of the world's highest grade silve...
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