Mr. Michael England reports

ALIX ANNOUNCES LITHIUM AUSTRALIA EARNS 25% OWNERSHIP AT ELECTRA LITHIUM PROJECT, MEXICO

Alix Resources Corp. has provided an update. Lithium Australia NL has completed its phase one obligations to officially earn a 25-per-cent vested interest in the Electra lithium project, which borders Bacanora Minerals Ltd. and Rare Earths Minerals PLC's Sonora lithium project located in Sonora, Mexico.

Work continues at the Electra project to explore and develop the projected extensions of the giant Sonora lithium clay deposit.

"We are pleased to have Lithium Australia achieving their first milestone and becoming a joint venture partner with Alix. With work under way at Electra we look forward to updating shareholders of both companies as developments occur," stated Mike England, chief executive officer of Alix Resources.

The thrust into one of the great lithium provinces

LIT and Alix acknowledge the challenge of bringing the low-grade giants into production and believe the key to commercialization lies in:

• Low-energy process flow sheets;
• Potential to beneficiate the ore.

The lithium clay deposits present a significant challenge and the application of the best available technology will be key to commercializing these occurrences. The application of advances in exploration techniques will accelerate resource assessment.

Adoption of mineral separation technology from other industries may allow the production of a beneficiated product, to reduce capital and operating costs.

Managing director Adrian Griffin said: "At Lithium Australia we recognize the value of innovation in developing process solutions. Our success in developing the Sileach process for spodumene is a great example and we strongly believe we can develop a processing strategy to enhance the commercial opportunity provided by processing lithium clays."

Alix has a 10-per-cent revenue interest in technologies developed by LIT with regard to work performed in the joint venture.

We seek Safe Harbor.