BUILDING OUT A WORLD CLASS SILVER ASSET IN CANADA

ALEXCO RESOURCE CORP. (TSX: AXR / NYSE-American: AXU) owns the Keno Hill Silver District in Canada’s Yukon Territory which historically, is one of the highest-grade silver districts in the world having produced more than 214 million ounces of silver at an average grade of approximately 1,373 grams per tonne (g/t) silver (44 ounces per tonne (oz/t)) during the early and mid-1900’s.

Alexco is a primary silver company and provides an exceptional opportunity to investors looking for exposure and leverage to silver. Sequential production from the four deposits within the 2017 Preliminary Economic Assessment comprise a 400 tonne per day life-of-mine production stream totaling 1,021,000 tonnes with an average grade of 843 g/t silver (30 oz/t), 3.31% lead and 4.2% zinc.

Alexco is focused on moving the district back towards a final production decision and operations start-up before the end of 2019.  The company will publish a pre-feasibility study in Q1 2019 to be followed by a production decision and final permit before the end of Q2.

Over the last ten years Alexco has maintained a strong and systematic exploration focus at Keno Hill and has been rewarded with discovery and documentation of over 83 million ounces of silver in indicated resources and a further +22 million ounces of silver in inferred resources.  Notably, in the last four years Alexco geologists have added more than 30 million ounces of indicated silver at an average grade of 628 g/t to the resource base, primarily related to the discovery of the Flame & Moth and Bermingham deposits.

Alexco is a proven explorer, developer and mine operator with assets in a tier one jurisdiction – Canada. Our culture and values drive us to achieve excellence in all that we do, and to support communities and organizations in the areas in which we work.

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