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Alexco Resource Corp.

11:42 AM EST - Alexco Resource Corp. : announced that it has declared commercial production to have been achieved as of January 1, 2011 at its 100% owned Bellekeno silver-lead-zinc mine and mill complex in the Keno Hill Silver District, Yukon Territory. Commissioning of the Bellekeno conventional flotation plant and underground mine, initiated in late September 2010, was completed at the end of December with both the mine and mill operating at initial design throughput of 250 tonnes per day of ore for 30 days. Alexco Resource Corp. shares T.AXR are trading down $0.16 at $7.29.