Alexandria
Continues to Intersect Shallow Gold at Orenada 2
Toronto,
Ontario - September 19, 2007 - Alexandria Minerals Corporation (TSX-V: AZX;
Frankfurt: A9D) intersected 54.00
meters grading 0.62 g/t gold from 26.80 m to 80.80 m drilled depth, further
delineating shallow gold mineralization at Orenada 2 (all widths core lengths).
These results come from a large exploration effort in which the Company is
testing a number of targets on its Cadillac Break
properties.
Gold mineralization
in Diamond Drill Hole (DDH) OAX-07-8 occurs in several intersections across the
Cadillac Break between 26.80 m and 182.3 m, about 50 m west of previously
reported DDH AAX-07-11, which intersected 1.09 g/t gold over 89.10 m (Press
Release April 25, 2007). Likewise, strongly anomalous gold occur in several
intersections between 66.20 m and 179.25 m in DDH OAX-07-9, which intersected
the Cadillac Break target 50 m below OAX-07-8, and approximately 50 m above hole
AAX-07-10, which intersected 110.1 m grading 0.50 g/t Au (also previously
reported on April 25, 2007). The results support Alexandria's belief in the
potential of the Cadillac Break as a target for shallow, wide low grade gold
mineralization on the Orenada property. Further information can be viewed at the
Company's website, www.azx.ca.
Table of Assay
Results
Full results have
now been received from DDH AAX-07-22, an exploratory hole near the northern
boundary of the Orenada property (partial results announced on September 5,
2007), which tested a geophysical anomaly near the Centre Post Intrusion. These
results returned 0.38 g/t gold over 11.70 meters (core length), hosted in
sheared and altered syenite and diorite, near the southwestern margin of the
intrusive.
DDH OAX-07-7 was
abandoned at 147 m because the orientation of the hole was deflected
significantly from its original targeted direction.
The Company
continues drilling on both Orenada 2 and 4, currently testing the deeper levels
of both zones for continuity of high grade mineralization with DDH holes OAX-07-25 and 26. Results are pending for 14 completed holes, which have tested
both near-surface mineralization at Orenada 2 and deep level mineralization at
Orenada 4.
The results
presented in this press release are exploratory in nature and have been reviewed
by the company's Qualified Person, Eddy Canova, PGeo. The drilling program employs a
Quality Assurance/Quality Control program consistent with NI 43-101 and industry
best practices. Drill core is NQ-sized, and is logged, sampled and split at the
Company's Val d'Or office, in intervals of 0.3 meters to a maximum of 1.5
meters. The samples are recorded, bagged and sent to Bourlamaque Assay Lab in
Val-d'Or for assay. Samples are analyzed for Au, Ag, Cu and Zn, via a 30 gram
pulp by FAA for Au and AA for Ag, Cu and Zn.
Re-assays by FA gravimetric finish are performed on samples assaying
greater than 1.0 g/t Au and re-assays greater than 5.0 g/t Au are checked a
second time by FA gravimetric finish.
WARNING: The Company relies upon
litigation protection for "forward-looking"
statements. This News Release
may contain forward-looking statements including but not limited to comments
regarding the timing and content of up-coming work programs, geological
interpretations, receipt of property titles, potential mineral recovery
processes, etc. Forward-looking statements address future events and conditions
and therefore involve inherent risks and uncertainties. Actual results may
differ materially from those currently anticipated in such statements.
Alexandria Minerals Corporation relies upon litigation protection for
forward-looking statements
PLEASE
CONTACT
Coal
Harbor Communications
Suite
701, 555 Jervis Street
Vancouver
BC Canada V6E 4N1
dale@coal-harbor.com
Tel:
1+ (604) 662-4505
Fax:
1+ (604) 662-4547
Toll-free:
1+ (877) 642-6200 |
Alexandria
Minerals Corporation
Tel:
1+ (416) 363-9372
www.azx.ca |
The TSX Venture Exchange does not
accept responsibility for the adequacy or accuracy of this release.