Alexco Resource Corp Reports Near-Record Silver Production for Q4

Silver Investing
NYSE:AXU

Alexco Resource Corp. (TSX:AXR, NYSE:AXU) reported Q4 silver production , which was approximately an increase of about 16 percent over the last quarter and the second highest ever quarter of production.

Alexco Resource Corp. (TSX:AXR, NYSE:AXU) reported Q4 silver production , which was approximately an increase of about 16 percent over the last quarter and the second highest ever quarter of production.

As quoted in the press release:

For the full calendar year 2012, Alexco produced 2,150,959 ounces of silver, generally in line with full year production guidance of 2.2 million ounces. Mill throughput also increased to a record 291 tonnes per day (tpd) average for the fourth quarter, a 9% improvement over the previous quarter which was itself a throughput record.

Alexco President and Chief Executive Officer Clynt Nauman said:

 I’m very pleased to see nearly record silver production coming from the Bellekeno mine in the fourth quarter, during which we experienced several weeks of intensely cold conditions. It is a testament to our people that they have been able to not only operate but improve performance through this quarter.

To view the whole press release, click here.

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