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ALIX RECEIVES "COMFORT LETTERS" FOR COAL PROSPECTING PERMITS TOTALLING APPROXIMATELY 91,000 ACRES OF FIRST PRIORITY APPLICATIONS NORTH OF HUDSON BAY AND ADJACENT TO NORTH AMERICAN GEMS “ADAMAS ACQUISTION”
June 25, 2008, VANCOUVER, B.C. – ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) (37N – FRANKFURT) is pleased to announce that it has received a comfort letter from Saskatchewan Energy and Resources for coal disposition applications filed in mid-May that are confirmed first priority for 36,864 hectares, 91,054 acres. The comfort letter received lists all applications made on behalf of the Company during the period in mid-May and details the land description, acres, priority sequence and the allocated coal prospecting permit (CPP) numbers. All of the ground that has been applied for has been done so in accordance with all the rules and regulations set forth by the government of Saskatchewan's permitting office.
The coal dispositions applications are situated adjacent to the North of the Adamas sub-bitumnious grade A coal intercept of North American Gem, announced by North American Gem on May 20, 2008. The area is in the vicinity of the Goldsource ("GXS") bituminous-sub-bitmunious coal discovery announced April 22, 2008.
As with all other companies applying for Coal Dispositions in Saskatchewan, Alix has its applications and Coal Prospecting Permits subject to the Saskatchewan government's approval process. The standard issue Comfort letter states "the extent to which the land described in these applications can be issued has not been investigated, and therefore this letter should not be construed as an indication that any land will be issued, as a full review is still to be completed."The Alix coal dispositions sit between the Wapawekka Lake and the Adamas discovery. It has been noted that Historical data and reports suggest that coal is present to the north edge of the Cretaceous rock sequence along the shores of Wapawekka Lake to the north of the Adamas discovery. These reports further suggest that the Wapawekka out crop is likely associated with a larger deposit to the south. The Adamas intercept is directly south of Wapawekka Lake along the low lying basin adjacent to the south east of the Narrow Hills Uplands.
For further information we invite you to visit us at www.alixresources.com.
Alix is a junior mineral exploration company focused on acquiring potential world class properties in North America.