Alexco Resource Corp. (TSX: AXR) (AMEX: AXU) ("Alexco") advises that the correct version of the composite table of Bellekeno Southwest Zone Intercepts of October 16, 2007 is now posted on its website. An incorrect and incomplete version of the table was posted on the company's web site for a brief period yesterday, and investors who visited the site yesterday are advised to re-download the table. The drill results as reported in yesterday's news release are unaffected.
Alexco's business is to unlock value and manage risk at mature, closed or abandoned mine sites through integration and implementation of the Company's core competencies which include management of environmental services, execution of mine reclamation and closure operations and if appropriate, rejuvenation of exploration and development activity. NovaGold Resources Inc. with a 19% equity interest is Alexco's largest shareholder.
Some statements in this press release contain forward-looking information. These statements include, but are not limited to, statements with respect to the entering into of agreements, the closing of transactions and the expenditure of funds. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the timing of transactions, the ability to fulfill certain conditions, the ability to raise funds and the timing and amount of expenditures.