Alix Resources Corp. and Cloudbreak Resources Ltd. have completed the first phase of exploration on their joint venture claims immediately east of Underworld Resources’ White Gold discovery in the Yukon Territory south of Dawson City. 288 soil samples from 344 stations and 28 rock-chip samples, including several from quartz and quartz-potassium feldspar veins, were collected from the prospect. The companies are now awaiting laboratory analyses of the samples prior to beginning the second phase of work on the property later this summer.

Much of the claim block is contained within a recent forest-fire burn area, resulting is less permafrost development and more rock exposure than found in adjacent areas. “Our soil sampling coverage was better than we had anticipated that it would be and the rock sampling was simply an unexpected bonus. We also now have a decent first-pass geologic map of the area,” said David Hedderly-Smith, Ph.D., who accompanied the sampling crew and directed the work.

Dr. Hedderly-Smith is a Director of Alix and is a qualified person as defined by N.I. 43-101. He has reviewed and approved the content of this press release.