Alexco Receives Balance of Assays from Onek Zinc-Silver Deposit

Alexco Resource Corp  (TSX:AXR, AMEX:AXU) reports that significant widths of indium-bearing zinc-silver and silver-zinc mineralization exist at the Onek Zinc-Silver deposit, according to the bulk of results.

The release is quoted as saying:

These additional drill results continue to confirm the presence of high-grade zinc-silver-lead and local gold and indium mineralization in the area of the historical Onek mine, as first reported in the news release of October 6, 2010. Building on past drilling results and historical information, it has become clear that mineralization at Onek is strongly zoned, with higher silver-to-zinc ratios prevalent in the upper portion of the deposit and predominately zinc rich material, including indium, down dip. The 2010 drill program at Onek was primarily designed to test the upper, more silver-rich mineralization as defined in the historical resource by the property’s former owner, United Keno Hill Mines Limited  and to better delineate the transition from silver rich to zinc dominated mineralization identified in earlier drill programs conducted by Alexco in 2007 and 2008.

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