Alexco Resource\u00a0has tabled a prefeasibility study (PFS) for its wholly owned Keno Hills silver project, in Yukon, that assigns the project a $101.3-million after-tax net present value at a 5% discount-rate, and a 74% after-tax internal rate of return (IRR).<\/p>\n
It assumes a life-of-mine $17.90 per oz. silver price.<\/p>\n
Alexco expects the underground operation would process 154,000 tonnes per year over an eight-year life at 804 grams silver, 2.98% lead, 4.13% zinc and 0.34-gram gold. The project would produce 27.2 million oz. silver, 67.2 million lb. zinc and 65.4 million lb. lead.<\/p>\n
Keno Hills would cost an initial $23.2 million: $17.9 million for surface and underground development, including mill commissioning, and $5.3 million for net working capital during the two-month mill ramp up.<\/p>\n
The project would require $76.5 million in sustaining capital, with $321 per tonne direct operating costs. It would operate at $11.98 per oz. silver all-in sustaining costs.<\/p>\n According to the study, the project\u2019s Flame and Moth and Berminham deposits would contribute primarily to the mine\u2019s production, on a 60% and 30% basis. Supplementary production would come from the Bellekeno deposit early in the mine\u2019s life and from the Lucky Queen deposit later in the mine\u2019s life.<\/p>\n Flame and Moth contains 704,211 probable tonnes grading 672 grams silver, 2.71% lead, 5.73% zinc and 0.49-gram gold for 15.2 million oz. silver.<\/p>\n Bermingham contains 362,343 probable tonnes at 972 grams silver, 2.59% lead, 1.32% zinc and 0.13 gram gold for 11.3 million oz. silver.<\/p>\n Bellekeno contains 40,109 probable tonnes at 843 grams silver, 11.9% lead and 6.31% zinc for 1.08 million oz. silver, while Lucky Queen contains 70,717 probable tonnes at 1,244 grams silver, 2.63% lead and 1.38% zinc and 0.12 gram gold for 2.8 million oz. silver.<\/p>\n In total, the project contains more than 30 million probable oz. silver.<\/p>\n Alexco shares are trading at $1.63 in a 52-week range of 92\u00a2 to $2.14. The company has a $177-million market capitalization.<\/p>\n \u201cWith the results of the PFS now in hand, we are now on a clear path\u00a0to production at Keno Hill,\u201d company CEO Clynton Nauman said in a prepared statement.<\/p>\n (This article originally appeared in The Northern Miner<\/a>)\u00a0<\/em><\/p>\n The post Alexco tables PFS for Keno Hills in Yukon<\/a> appeared first on MINING.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" The project contains more than 30 million probable oz. silver.<\/p>\n The post Alexco tables PFS for Keno Hills in Yukon<\/a> appeared first on MINING.com<\/a>.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1685,404,369,2182,435],"tags":[25,102],"class_list":["post-1108287","post","type-post","status-publish","format-standard","hentry","category-alexco-resource","category-mining-news-and-commentary","category-miningcom","category-yukon-territory","category-zinc","tag-canada","tag-silver"],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1108287","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1108287"}],"version-history":[{"count":1,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1108287\/revisions"}],"predecessor-version":[{"id":1108288,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1108287\/revisions\/1108288"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1108287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1108287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1108287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Alexco expects the underground operation would process 154,000 tonnes per year over an eight-year life at 804 grams silver, 2.98% lead, 4.13% zinc and 0.34-gram gold<\/q><\/p>\n