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Symbol
AIX
Latest
$0.055 -0.005
Volume
45,000
Quote Delayed
Up To 15 Minutes

News Release

DRILLING COMMENCES ON WEST CANADA LITHIUM PROPERTY, QUEBEC

May 18th, 2017, Vancouver, BC, Canada –ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) (37N–FRANKFURT) is pleased to announce a 1500 m drill program has commenced on the Preissac-Lacorne Lithium Portfolio with JV partner Jourdan Resources Inc.

Initial core drilling on the West Canada Lithium property will test previously identified surface spodumene mineralization by Alix last summer. The area to be tested is approximately 2.5 kilometres west along strike from the open pit Quebec Lithium Mine, controlled by North American Lithium.

Alix President Michael England states, “These are exciting times for Alix shareholders as this drill program marks the third project of our portfolio undergoing work programs at this time.”

The technical contents of this release were approved by Dr. Michel Boily, P.Geo, a qualified person as defined by National Instrument 43-101. The properties have not been the subject of a National Instrument 43-101 report.

About Alix Resources

Alix Resources is a project generator in the junior mining exploration business focused on seeking and acquiring world class lithium projects globally. Alix continues to evaluate suitable prospects that fit the mandate of the Company.

ON BEHALF OF THE BOARD
Michael England
Michael England, President, Director

FOR FURTHER INFORMATION, PLEASE CONTACT:
Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770

Neither the 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.

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).

Contact Alix

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