Alix Resources Corp.

Published : November 04th, 2015

Alix to Commence Work on Newly Acquired Project Adjoining Bacanora's "Sonora Lithium Project" Located in Sonora, Mexico

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Keywords :   G Mexico | Lithium | Mexico | Tesla |

Alix to Commence Work on Newly Acquired Project Adjoining Bacanora's "Sonora Lithium Project" Located in Sonora, Mexico

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 4, 2015) - ALIX RESOURCES CORP. ("Alix" or the "Company") (TSX VENTURE:AIX)(FRANKFURT:37N) announces an initial-phase work program on its newly acquired "Electra" Project located in Sonora, Mexico, set to commence in the coming weeks. Alix's Electra Project consists of two large exploration concession applications covering 22,625 hectares adjoining Bacanora Minerals Ltd. and Rare Earths Minerals PLC (REM)'s Sonora Lithium Project.

The first phase of the work program will commence on the Tule Concession of Alix's Electra Project in early November and will focus on two initial, high priority targets determined by Alix geologists.

The Tule Concession, comprised of 18,125 hectares (approximately 15 kilometers east-west by 12 kilometers north-south), covers the extension of three lithium-bearing horizons as outlined in recent BCN/REM presentations. The mineralized trend on the BCN/REM property has been interpreted to extend approximately 15 kilometres SSE from the La Ventana Lithium Deposit to the location of another lithium prospect, and at least an additional 12 kilometers from this point, towards the Alix Tule Concession.

President Mike England states, "The Alix geological team is very eager to commence exploration on the Tule Project. Having 18,000 hectares of prospective lithium ground bordering and on trend with Bacanora Minerals - the first company to strike a lithium supply deal with Tesla Motors Inc. - is a definite cause for enthusiasm for Alix shareholders." (See BCN press release dated August 28, 2015)

The technical contents of this release were approved by Mr. Case Lewis, 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.

ON BEHALF OF THE BOARD

Michael England, President, CEO, Director

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.

Read the rest of the article at finance.yahoo.com
Data and Statistics for these countries : Mexico | All
Gold and Silver Prices for these countries : Mexico | All

Alix Resources Corp.

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CODE : AIX.V
ISIN : CA01642R2019
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Alix Res. is a exploration company based in Canada.

Its main exploration properties are DIVIDE and KAMISHAK in USA and WHITE GOLD, RED DEER LAKE, SASKASHEWAN and ARCADIA in Canada.

Alix Res. is listed in Canada. Its market capitalisation is CA$ 19.5 millions as of today (US$ 15.3 millions, € 13.0 millions).

Its stock quote reached its highest recent level on March 11, 2011 at CA$ 3.00, and its lowest recent point on October 27, 2017 at CA$ 0.03.

Alix Res. has 72 170 000 shares outstanding.

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Financings of Alix Resources Corp.
4/27/2011Announces Closing of Over-Subscribed Private Placement
Project news of Alix Resources Corp.
7/20/2011CARIBOU AND ALIX INCREASE LAND POSITION AROUND WELLGREEN PRO...
5/29/2008(Arcadia) to Begin Drilling at Arcadia Property
Corporate news of Alix Resources Corp.
7/28/2016INITIAL SAMPLE RESULTS ON THE PREISSAC - LA CORNE PROPERTIES...
7/6/2016ALIX COMPLETES SAMPLING PROGRAM ON NEWLY ACQUIRED LITHIUM PR...
7/5/2016ALIX APPOINTS DR. MICHEL BOILY TO ITS BOARD OF DIRECTORS
6/30/2016ALIX IDENTIFIES LITHIUM-BEARING, CLAY-RICH SEDIMENATRY ASSEM...
6/9/2016ALIX TO COMMENCE SAMPLING PROGRAM ON NEWLY ACQUIRED LITHIUM ...
6/5/2016Test News Release
5/18/2016Call on partly paid shares LITCC
4/21/2016ALIX SET OPTIONS
4/15/2016ALIX CLOSES PRIVATE PLACEMENT
4/15/2016ALIX ACQUIRES FISH LAKE LITHIUM BRINE PROPERTY
1/22/2016ALIX APPOINTS DR. MICHEL BOILY TO ADVISORY BOARD
11/4/2015Alix to Commence Work on Newly Acquired Project Adjoining Ba...
11/4/2015ALIX ACQUIRES 22,625 HECTARES ADJOINING BACANORA'S "SONORA L...
10/28/2015Alix Acquires 22,625 Hectares Adjoining Bacanora's "Sonora L...
7/8/2015MOVES-AlixPartners appoints Kathryn Koorenny general counsel
10/6/2014Alix Encounters Promising Gold and Copper Values at Sheslay ...
10/22/2013Locates Operating Mill for Testing Bulk Samples From Its San...
3/20/2013High Grade Golden Granite Project Moving Forward
2/19/2013Reports Positive Assays for First Phase of Sampling at Golde...
1/29/2013Completes First Phase of Sampling and Mapping at Golden Gran...
1/16/2013Signs Definitive Agreement for Santa Maria Mine, Site Visit ...
1/8/2013Stakes Additional Land at Golden Granite, Yavapai County, Ar...
11/5/2012Acquires Golden Granite Gold Property, Yavapai County, Arizo...
9/27/2012Review of Cache Gold Property, Nunavut Demonstrates Signific...
9/18/2012Receives Positive Drill Results for the Money Rock / West Po...
7/11/2011Mobilizes Drill to Golden Zone Property, Alaska, for 2011 Pr...
6/14/2011Initiates 2011 Work at Golden Zone Property, Alaska
6/6/2011Caribou Commences Mobilization and Work Programs on Yukon Go...
3/3/2011Signs Drill Contract for 2011 Work at the Golden Zone Proper...
1/31/2011Acquires Yukon Gold, Silver and Base Metal Properties From S...
2/12/2009AND GEO SECURE DRILL PERMITS ON MANITOBA COAL PROPERTY AND A...
11/6/2008and Geo Announce Agreement With NuCoal Energy Corp. For Pros...
7/29/2008ANNOUNCES THE COMPLETION OF FIELD PROGRAM AT FOG LAKE PROSPE...
7/22/2008GEO AND ALIX RESOURCES ANNOUNCE HISTORICAL POTASH HOLE PLUS ...
6/25/2008 gets priority on Saskatchewan coal permits
6/13/2008And Geo Minerals buys potash rights in Saskatchewan
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