Alexco Production at Bellekeno Pending Water License

The development of Alexco’s mine and mill at Bellekeno is on schedule for completion for commissioning and start-up of the mill in the third quarter of 2010. The issuance of the Type A Water Use License is the last major step after completion of the mill and mine to commence operation. The Type A Water License has been submitted in a form and substance adequate for the Yukon Water Board to render a decision.

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