Yukon's Keno Hill district 'far from' mined out, says Alexco Resource Corp.

Alexco Resource Corp. is promising new life forone ofYukon's historic mining districtsKeno Hill.

The company, which owns the property, hopes tohire anywhere from 40 to 50 people this summer to begin an underground drilling program at its Berminghamsilver deposit there.

"Even some of the naysayers locally indicat[ed]that all of the ore at Keno Hill was mined out," said Alexco CEO Clynt Nauman. "You know, far from it."

"There's plenty of ounces at Bermingham to support a mining operation."

Nauman says the Bermingham deposit is comparable to the types and grades of deposit originally discovered at Keno Hill almost a century ago.

He says besides mining the Bermingham deposit, the company will continue a "fairly large" exploration program at the property.

"There's no question in my mind at all that there'll be additional discoveries at Keno Hill. It'll make its way up the scale as a world class silver producing district," he said.

Alexco previously operated the Bellekeno silver mine at Keno Hill,butclosed it in 2013, citing declining silver prices.

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