Alix Reports Positive Assays for First Phase of Sampling at Golden Granite, Yavapai County, Arizona
Published : February 19, 2013
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 19, 2013) - ALIX RESOURCES CORP. ("Alix" or the "Company") (News - Market indicators)(FRANKFURT:37N) is pleased to announce results for its first phase of mapping and sampling at the Golden Granite Property, located 112 kilometers (70 miles) northwest of Phoenix along Highway 93. The 518 hectare (1,280 acre) property includes the historic Big Stick Mine, and the Santa Maria - Homestake Mine which was acquired last month (see Alix news release, January 16th, 2013). Composite chip sampling returned 3.29 grams per tonne (g/t) gold over 10 meters, and two sets of three contiguous samples averaged 0.30 g/t Au over 27.5 meters, and 0.21 g/t Au over 45.5 meters.

Roughly 365 hectares (900 acres) of the project area have been mapped, and 19 composite chip samples were collected over the same area. The mapping has revealed that in detail, Proterozoic exposures are a mixture of granite, gneiss and schist. Younger cover in the area consists of Tertiary volcanic and sedimentary rocks, and Quaternary cover. Composite chip sampling focused on exposures of iron-oxide stained and variably fractured granite. The samples were submitted to ALS Minerals (North Vancouver, B.C.) for gold assay using protocol Au-SCR24. Half of the samples returned assays >0.2 g/t Au. Sample details and results are listed in the table below.

Sample
wt.,
kg
Sample
length,
m

Au,
g/t
  Sample
wt.,
kg
Sample
length,
m
 
Au,
g/t
6.56 10 3.29   9.02 7.5 0.63
11.38 27.5 0.30*   6.69 8.1 0.36
26.11 45.5 0.21*   3.39 3 0.26
 
*weighted average of three samples.  

Alix President and CEO Mike England states, "The phase-one sampling is widely-spaced and reconnaissance in nature, but the results demonstrate that our claim position lies within a gold-enriched region. We intend to follow up with more intensive sampling and mapping in the coming weeks."

Dr. Tom E. McCandless, P.Geo. and Qualified Person as defined by NI 43-101, has reviewed the technical information contained in this release.

Alix Resources is a junior exploration company actively seeking mineral for the benefit of all our stakeholders. For further information we invite you to visit us at www.alixresources.com.

ON BEHALF OF THE BOARD

Michael England, President

Neither 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.

Alix Resources Corp.
1-604-683-3995 or Toll Free: 1-888-945-4770
1-604-683-3988 (FAX)
www.alixresources.com

Alix Resources Corp.

EXPLORATION STAGE
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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