03:39 PM EST - Alexco Resource Corp. : announced plans to increase exploration spending by 50% to $12 million in 2012. The Company will expand its efforts in both surface and underground exploration in the Keno Hill Silver District, Yukon, where its Bellekeno mine continues to ramp up silver production to an estimated 2.2 to 2.5 million ounces of silver in 2012. Alexco Resource Corp.
shares T.AXR are trading down $0.25 at $7.47.
