Thank you for confirming your email - You will now receive updates regarding Alix.
September 2, 2008, VANCOUVER, B.C. – ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) (37N – FRANKFURT) announces that final assay results have been received from its Phase One drilling program at its Chloride project, located in northwestern Arizona approximately 80 miles southeast of Las Vegas, NV. A total of 610 meters of NQ2 core was drilled in nine shallow holes. The drilling targeted an interpreted alluvial-covered extension of a northwest-trending structural corridor suspected of hosting precious and base metal-bearing quartz veins.
The drilling failed to intersect any significant gold values, and intersected only minor anomalous silver. However two core holes, 08CHL-07 and 08CHL-08, did intersect anomalous base metal values of up to 5,010 ppm Zn, 5,470 ppm Pb and 1,130 ppm Cu. 83 meters of anomalous combined Pb and Zn was intersected in Hole 7 and 43 meters of anomalous Pb and Zn was cut in Hole 8. Holes 7 and 8 are approximately 60 meters apart.
The base metal mineralization intersected in the two holes appears as disseminated galena, sphalerite and chalcopyrite within thin quartz-feldspar veinlets in altered granitoid and mafic schist. This disseminated mineralization seems to be related to the contact between the granitic intrusion and schist country rock, but may represent a halo to undiscovered, economically significant vein-type mineralization. Alix Resources’ geologists are evaluating the data to determine if, when and where follow-up drilling is to be done.
The technical contents of this release were approved by Alix Resources advisory board member and qualified person as defined by National Instrument 43-101, Marvin Mitchell.All analytical work was done by ALS Chemex Labs.
For further information we invite you to visit us at www.alixresources.com.
Alix Resources is a junior exploration company actively seeking mineral and energy opportunities for the benefit of all our stakeholders.