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July 6, 2016, Vancouver, BC, Canada – ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) (37N–FRANKFURT) announces the first phase of the mapping and sampling program has been completed on select areas of the newly acquired portfolio of lithium properties in the Preissac-Lacorne plutonic complex of the Abitibi Greenstone Belt, in the province of Quebec. A total of 12 spodumene-bearing samples were taken from various locations and submitted to ALS Chemex for assay. Alix Resources claims are located near the past producing Quebec Lithium Mine which was recently purchased by the Chinese based Jilin Jien Nickel Industry Co. (“Jilin”).
Mike England, President and CEO of Alix Resources Corp. commented: “I am excited to see a producer coming back to this region. Jilin’s acquisition of the Quebec Lithium Mine assets will likely cause increased exploration activity in the area. Alix was there before this acquisition and I believe has secured the best ground in the region for lithium exploration and discovery. I am looking forward to report the results of our assay program and to further explore the lithium potential of our Preissac-Lacorne lithium properties.”
The core of the claim group is located 40 km 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 metals mines and possesses all the infrastructures and workforce necessary to support a mining operation.
Alix Resources is a junior mining exploration company focused on seeking and acquiring lithium projects globally. Alix continues to evaluate suitable prospects that fit the mandate of the Company. The Company now has active lithium projects in Mexico, Ontario and Quebec.
The technical contents of this release were approved by Michel Boily, PhD, P.Geo a Qualified Person as defined by National Instrument 43-101. The property has not been the subject of a National Instrument 43-101 report.
ON BEHALF OF THE BOARD
Michael England, President, CEO, Director
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FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).