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ALIX AND GEO RESOURCES ANNOUNCE HISTORICAL POTASH HOLE
PLUS UPDATE ON MANITOBA POTASH UPDATE
July 22, 2008, VANCOUVER, B.C. – ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) (37N – FRANKFURT) and Geo Minerals Ltd. (“Geo”)(GM-TSX:V) announce that in the course of the Companies due diligence on their joint-ventured package of potash leases in Saskatchewan it has found information regarding a potash test hole drilled by Canadian Exploration Ltd. in 1965. The hole, located two sections away (approximately two miles) from certain claims recently acquired by Alix and Geo (see news release dated June 13th, 2008), was drilled to a total depth of 3,204 feet and encountered two zones of potash.
In the report, written by Clive Ball (P.Eng.), it is stated that the main zone extended from 3,077 feet to 3,087 feet with an average grade of 27.5% K20 with the potash not being carnallite. A second zone of 9.2 feet was encountered as well, averaging 17.4% K2O from 3,119 feet to 3,128 feet.
To the immediate south of these lands is Potash Corporation's Potash Leases. BHP-Billiton potash permit is adjacent to the Geo and Alix freehold's.
The technical contents of this release were approved by Geo's director and qualified person as defined by National Instrument 43-101, Marvin Mitchell.
The company says there is no guarantee that results found on properties in the area will be found on the leases in its portfolio.”
Manitoba Potash Drilling Update
The Companies have retained Lennon Trilogy, Professional Land Surveyors, of Virden Manitoba to conduct a plan survey on its recently acquired potash claims in Manitoba along the Saskatchewan border. This process is expected to take a few weeks and upon completion the Company plans to finalize drill permits, subject to regulatory authority’s approval, and retaining the services of a drill company.
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.