ALIX RESOURCES CORP. ("Alix" or the "Company") (TSX VENTURE:AIX)(FRANKFURT:37N)
announces it has acquired 1,889 hectares of claims contiguous to the entire
northern border of Prosper Gold Corp.'s Sheslay Cu-Au Porphyry Project located
in northwestern British Columbia. The central and northern parts of Prosper's
Sheslay project include three Cu-Au porphyry targets - the advanced Star, the
North Star and the East Star, each located within approximately one kilometer of
each other. The claims are also contiguous with the northwestern corner of
Garibaldi Resources Corp.'s Grizzly Property as well as the northern boundary of
Doubleview Capital Corp.'s Hat Property. 


The Company now holds 6,785 hectares of prospective claims in the Sheslay
Valley, making it one of the largest landholders in a potential new world class
mining camp. 


"Alix is extremely pleased to have acquired these very strategic claims in the
most exciting new exploration area of British Columbia where drilling
discoveries have recently been announced on two separate properties," stated
Mike England, President of Alix Resources. "We continue to compile historical
data for the region and anticipate an active exploration program in the coming
field season."


Terms of this acquisition with an arms-length party, over a 3-year term, include
the payment of one million common shares of the Company, cash payments totaling
$40,000 plus $134,000 in exploration expenditures A 2% NSR will also be granted
with an option to purchase 1% back for one million dollars. 


This transaction is subject to TSX Venture Exchange acceptance.

The technical contents of this release were approved by Dr. Dave Hedderly-Smith.
Ph.D., P.Geo., technical advisor to Alix and a Qualified Person as defined by
National Instrument 43-101. 


Alix Resources is a junior exploration company focused on the emerging Sheslay
Valley district. For further information please visit the Alix web site at
www.AlixResources.com.


ON BEHALF OF THE BOARD

Michael England, President

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Alix Resources Corp.
Michael England
President
1-604-683-3995 or Toll Free: 1-888-945-4770
1-604-683-3988 (FAX)
www.AlixResources.com

Alix Resources Corp. (TSXV:AIX)
Historical Stock Chart
Von Mai 2024 bis Jun 2024 Click Here for more Alix Resources Corp. Charts.
Alix Resources Corp. (TSXV:AIX)
Historical Stock Chart
Von Jun 2023 bis Jun 2024 Click Here for more Alix Resources Corp. Charts.