The TSX Venture Exchange has accepted for filing documentation in connection with an option agreement dated May 24, 2017, between Alexco Resource Corp. (and its wholly owned subsidiaries Alexco Keno Hill Mining Corp. and Elsa Reclamation & Development Company Ltd.) and Banyan Gold Corp. whereby Banyan may, in three stages, acquire up to a 100-per-cent interest in the McQuesten property located in the Mayo mining district, Yukon. The exchange has accepted for filing the initial stage (first option) to acquire a 51-per-cent interest in consideration of a total of 1.6 million common shares in four payments of 400,000 each by Dec. 31, 2020. Banyan must also spend $1.6-million on exploration by Dec. 31, 2020. Upon the exercise of the first option, a joint venture will be formed. The exercise of the second and third options will be subject to further exchange review and acceptance.