Alexco Resource Corp.
throughout the district plus an additional 5,000 meters of underground drilling. The aim of the expanded exploration program is to define new and additional high grade minable resources at a number of sites within the district, including the historical Silver King mine, as well as the Lucky Queen mine where drilling in 2009 identified a new high grade zone of mineralization down-plunge of the historical Lucky Queen workings. Underground and surface exploration continues at Bellekeno, and is expected to extend into the first quarter of calendar 2011 with at least 2,000 meters of an expanded drilling program yet to be completed. Exploration drilling at the adjacent Onek zinc-silver deposit is substantially complete, and results are pending. New resource calculations for the Bellekeno and Onek deposits are scheduled to be completed in the second quarter of calendar 2011. http://www.alexcoresource.com
DECEMBER 10 www.bus-ex.com
75