0001062993-09-000020 Sample Contracts

AMENDMENT NO. 2 TO SILVER AGREEMENT
Silver Agreement • January 7th, 2009 • Alexco Resource Corp • Gold and silver ores • British Columbia

This agreement amends the Silver Purchase Agreement dated as of October 2, 2008, between Silver Wheaton, ERDC, ARCC and Alexco, as amended prior to the date hereof (the "Existing Silver Purchase Agreement").

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