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Alexco Resource Corp.

12:00 PM EST - Alexco Resource Corp. : reports increased silver production during the third quarter calendar 2011 from the Bellekeno mine in the Keno Hill Silver District, Yukon, compared to the second quarter. Mill throughput increased by 14% and silver production increased 8%, with lead and zinc production generally consistent with the second calendar quarter. Alexco Resource Corp. shares T.AXR are trading down $0.23 at $7.23.