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Alix Resources Corp (3)
Symbol AIX
Shares Issued 72,173,191
Close 2017-05-12 C$ 0.04
Market Cap C$ 2,886,928
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Alix samples up to 3,762 ppm lithium at White Basin

2017-05-15 09:23 ET - News Release

Mr. Michael England reports

ALIX REPORTS 3,762 PPM LITHIUM AT WHITE BASIN, NEVADA

Alix Resources Corp. has begun exploration at its 100-per-cent-held White Basin lithium property in Nevada. The White Basin property includes 25 unpatented mineral claims comprising 500 acres and is located roughly 75 kilometres northeast of Las Vegas. Sampling on the property has returned values as high as 3,762 parts per million lithium from six composite samples of the Horse Spring formation. The Horse Spring formation is Oligocene-Miocene in age and includes clay-rich, altered volcanic units with historical reports of elevated lithium. Sampling by the company has confirmed elevated lithium, with results provided in the attached table.

Sample number                Lithium 
                                (ppm)

S No. 2:LV                     3,762         
S No. 1.LV                     2,093         
S No. 3-LV                     1,549         
LV No. 8                         878           
LVJH No. 1                       838           
LVJH No. 2                       310          

Alix president Michael England stated: "We are very pleased that preliminary sampling of the White Basin property is demonstrating economic lithium potential. These results are some of the highest grades in Nevada. Based on these positive results, our field crew continues to systematically sample the property, with additional results expected in the coming weeks."

Also, the company has appointed Dr. Tom E. McCandless as technical adviser. Dr. McCandless has over 35 years of mineral exploration experience, including eight years in lithium exploration. He is president of MCC Geoscience Inc., and also holds the position of adjunct professor in geochemistry at the University of Arizona and University of Alberta.

The technical contents of this release were approved by Dr. McCandless, a qualified person as defined by National Instrument 43-101. The property has not been the subject of a National Instrument 43-101 report, and Dr. McCandless has not verified the technical data disclosed in this release.

We seek Safe Harbor.

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