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ALEXIS POURS SIX GOLD DORE BARS IN ONGOING CUSTOM MILLING CAMPAIGN ON LAC HERBIN BULK SAMPLE; REPORTS NEW UNDERGROUND DRILL RESULTS, INCLUDING 0.95 OUNCES GOLD PER TON OVER 7.2 FEET

December 04, 2007 – Alexis Minerals Corporation [TSX : AMC] is pleased to announce the pouring of six gold dor� bars, a mixture of gold and silver, for a cumulative weight of 3,980.4 troy ounces in an ongoing custom milling program of a 50,000 tonne bulk sample obtained during Phase IV underground exploration on the Lac Herbin gold deposit near Val d’Or, Quebec. Gold pours will continue until mid-December and completion of the processing of the bulk sample. In addition, remaining assay results for the 2007 Lac Herbin underground drilling campaign have been received.  Good results continue to be received from the S1, S2 and S3 Zones. Drill results continue to expand all zones within the deposit, in particular the size of the “Deep South” (S3) high grade zone discovered in January 2007.

“Underground exploration continues to confirm the quality and strong lateral continuity of mineralization in shear-vein systems at Lac Herbin,” said David Rigg, President and CEO of Alexis Minerals. “The Phase IV program will be completed in mid-December and a new Resource evaluation of the deposit by year end. We continue to be encouraged by the potential of deposit, with all zones remaining open below the current depth limit of drilling. Planning for a potential Production Decision and continued exploration in 2008 with up to five machines is well advanced.”

Highlights from the recent assay results (Table 1) include: (*Cut Grades - See note in Table 1):
S1 Zone

• 22.79 (20.48 cut*) g Au/t over 1.6 (LH02-212) including,
  o 38.9 (24.29 cut*) g Au/t over 0.8 m
• 19.54 (14.38 cut*) g Au/t over 4.3 m (LH02-189, delineation drill hole)
• 23.0 (16.23 cut*) g Au/t over 5.3 m (LH02-224, delineation drill hole)
  * 32.8 (32.8 cut*) g Au/t over 2.2 m (LH02-225, delineation drill hole)

S2 Zone

• 7.31 g Au/t over 2.1 m (LH02-213)

S3  Zone

• 11.89 g Au/t over 7.2 m (LH02-214) including,
  o 18.9 g Au/t over 4.0 m
• 9.11 g Au/t over 4.5 m (LH02-213) including,
  o 25.1 g Au/t over 1.50 m

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