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Alexco Resource Corp.

12:01 PM EST - Alexco Resource Corp. : announced silver production of 379,616 ounces from its Bellekeno mine in the Yukon Territory during the first quarter of 2013. During the same period last year, silver output was 581,808 ounces. The company cited sequencing of mining through lower-grade areas of the SW Zone, resulting in an average silver head grade of 636 grams per tonne as reason for the decline. Alexco Resource Corp.
shares T.AXR are trading down $0.24 at $2.37.