05:41:05 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
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Alix Resources Corp (3)
Symbol AIX
Shares Issued 42,654,081
Close 2016-06-08 C$ 0.145
Market Cap C$ 6,184,842
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Alix to start sampling program on Que. Li properties

2016-06-09 08:39 ET - News Release

Mr. Mike England reports

ALIX TO COMMENCE SAMPLING PROGRAM ON NEWLY ACQUIRED LITHIUM PROJECTS IN THE PREISSAC-LACORNE COMPLEX OF THE ABITIBI GREENSTONE BELT, QUEBEC

Alix Resources Corp. will mobilize a crew in the coming days on select areas of the newly acquired portfolio of lithium properties in the Preissac-Lacorne plutonic complex of the Abitibi greenstone belt, province of Quebec. The goal of the program is to help prioritize prospective areas by sampling and mapping the spodumene-bearing pegmatites that are reported on the four properties. This first sampling program, in conjunction with compilation of existing data, will optimize future exploration programs.

The core of the claim group is located 40 kilometres northeast of the mining town of Val d'Or. The recorded mineral claims extend 30 km east-west by 15 km north-south. The properties are accessible by a network of paved roads connecting to the main 117 Highway linking Val d'Or to Rouyn-Noranda. The region holds several precious and base metal mines, and possesses all the infrastructures and work force necessary to support a mining operation.

Mike England, president and chief executive officer of Alix Resources, commented, "We are pleased to be able to get a first-pass ground program started immediately in an effort to get a head start on an exciting upcoming summer for Alix."

The company further announces the resignation of Casey Lewis from its board of directors. Alix wishes Mr. Lewis well in his future endeavours and will continue to work with him as circumstances permit.

We seek Safe Harbor.

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