Alix Resources Corp.

Published : July 29th, 2008

ANNOUNCES THE COMPLETION OF FIELD PROGRAM AT FOG LAKE PROSPECT, ALASKA

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Copper | Diamond | Gold | Molybdenum |
Contact Financial
Phone: (604)689-7422
Fax: (604)689-7442
Email: info@contactfinancial.com
Web: www.contactfinancial.com

ALIX RESOURCES CORP.

ALIX ANNOUNCES THE COMPLETION OF FIELD PROGRAM AT FOG LAKE PROSPECT, ALASKA
AIX: TSX-V July29th, 2008

July29th, 2008, VANCOUVER, B.C. - ALIX RESOURCES CORP. ("Alix" or the "Company") (AIX-TSX:V)(37N - FRANKFURT)  is pleased to announce the completion of the 2008 field program at their Fog Lake prospect in the Iliamna area of Southwestern Alaska, in the vicinity of the giant Pebble copper-gold-molybdenum project.  The Fog prospect is a gold-copper target on privately owned Alaska Native lands (Bristol Bay Native Corporation sub-surface and Alaska Peninsula Corporation surface) that covers approximately 2330 hectares.  Exploration work in the early 1970's identified a 700-meter long by 300-meter wide soil geochemical anomaly at this site.  Alix has the right to earn 50% interest of the Fog property from Andover Ventures as released July 31, 2007. 

One IP/resistivity line of 1.4 kilometers was surveyed and two Diamond drill holes of 151 and 155 meters were completed.  The first drill hole targeted the core of the historic copper/gold soil anomaly at the property while the second hole, also within the zone of the geochemical anomaly, targeted a chargeability anomaly detected in the geophysical surveying.

Both holes encountered altered and pyritized felsic volcanics containing zones of thin quartz, quartz-sulfide and sulfide veins.  Samples for analyses are presently being cut and will be submitted to Alaska Assay Laboratories in Fairbanks, Alaska.  A quality control program will also be implemented.

Alix also intends to conduct exploration on the company's KUY and Kamishak targets, also in the Iliamna area (see Alix Resources News 07-14-2008).  IP/resistivity surveying has been completed at KUY and is currently ongoing at Kamishak.  The drill is currently drilling at KUY.

The contents of this release were prepared by Alix director and qualified person for this project as defined by National Instrument 43-101, David Hedderly-Smith, Ph.D., P.G.

The Company also announces it has arranged a non-brokered private placement of up to 3,000,000 non flow-through units at a price of 25 cents per unit for gross proceeds of $750,000.

Each unit comprises one common share and one-half share purchase warrant. One whole share purchase warrant entitles the holder to purchase an additional non-flow-through common share for 30 cents for a period of 18 months from the date of issuance. The proceeds from this private placement will be used to undertake this summer's work programs on the company's properties.

A finder's fee may be payable on the private placement.

The private placement is subject to the acceptance for filing of the TSX Venture Exchange.

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.

ON BEHALF OF THE BOARD

Signed "Michael England"                                             
Michael England, President

Investor Relations Contact:
Matthew Brema
Contact Financial
604-689-7422




The TSX Venture Exchange has not reviewed nor does it accept responsibility for the adequacy or accuracy of this press release.


--
To unsubscribe from this list visit

To update your preferences visit this link

Alix Resources Corp.

EXPLORATION STAGE
CODE : AIX.V
ISIN : CA01642R2019
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

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.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
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
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (AIX.V)
0.270+0.00%
TSX-V
CA$ 0.270
12/05 15:56 -
0%
Prev close Open
0.270 0.270
Low High
0.265 0.285
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.270 -%
Volume 1 month var.
275,847 -%
24hGold TrendPower© : -9
Produces
Develops
Explores for Coal - Copper - Gold
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 11/6/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 8.24+1.85%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.98+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.84+0.13%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 0.52+1.37%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.68-3.40%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.02-37.50%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 3.51-2.50%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 10.50+2.59%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.29+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.30+84.85%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.89+7.39%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 72.51+2.21%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.05+6.67%Trend Power :