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News Release

Alix And Geo Announce Acquisition Of Coal Prospecting Permits Approximately Two Kilometers From Goldsource's Latest "Split-Leaf" Discovery

ALIX AND GEO ANNOUNCE ACQUISITION OF COAL PROSPECTING PERMITS APPROXIMATELY TWO KILOMETERS FROM GOLDSOURCE’S LATEST "SPLIT-LEAF" DISCOVERY
 
March 6th, 2009, VANCOUVER, B.C. – ALIX RESOURCES CORP (AIX-TSX:V) and GEO MINERALS LTD. (GM-TSX:V) (The “Companies”)  are pleased to announce the acquisition of an 80% interest in the “Hudson Bay” property from NuCoal Energy Corp. The Hudson Bay property is comprised of just over 7,000 acres of highly prospective Coal Prospecting Permits of which the closest boundary is approximately 2 kilometers from the Goldsource Mines’ (GXS-TSX:V) new Split-Leaf Coal Discovery. Portions of the acquired Coal Prospecting Permits extend across to the North side of the Red Deer River, a water feature, outlined in the map attached to the Goldsource news release of March 2, 2009.
 
In consideration for this 80% interest Geo and Alix will pay 75,000 shares each to NuCoal.
 
This transaction is subject to TSX Venture approval.
 
For further information we invite you to visit us at www.alixresources.com and www.geominerals.ca.
 
Alix Resources and Geo Minerals are each junior exploration companies actively seeking mineral and energy opportunities for the benefit of all our stakeholders.
 
ON BEHALF OF THE BOARD
 
Signed “Michael England”      
Michael England, President
 
FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770
 
The TSX Venture Exchange has not reviewed nor does it accept responsibility for the adequacy or accuracy of this press release.

Contact Alix

Local
604-683-3995
Toll-Free
1-888-945-4770
Fax
604-683-3988
Email
info@alixresources.com