Welcome To The Alix Resources Corp HUB On AGORACOM

A Canadian-based junior exploration company with a focus on lithium exploration, with an initial priority project in Sonora, Mexico.

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Alix Resources Corp Profile

Alix Resources has a portfolio of properties located in Alaska, Nunavut Territory, Arizona and Canada. Much of the Company's current focus is on its coal properties in Saskatchewan and Manitoba.

Property Profiles

Coal: Saskatchewan
The coal dispositions sit between the Wapawekka Lake and the Adamas discovery. It has been noted that historical data and reports suggest that coal is present to the north edge of the cretaceous rock sequence along the shores of Wapawekka Lake to the north of the Adamas discovery. These reports further suggest that the Wapawekka outcrop is likely associated with a larger deposit to the south. The Adamas intercept is directly south of Wapawekka Lake along the low lying basin adjacent to the south east of the Narrow Hills Uplands.

Potash: Saskatchewan
On June 13, 2008, Alix Resources Corp. and GEO Minerals signed an agreement with General Resources, Inc. to obtain the exclusive potash rights to a total of 84 assorted locations of freehold minerals in highly prospective potash areas of Saskatchewan. These properties total approximately 14,000 acres.

Gold: Arcadia, Nunavut Territory
The Company, along with joint venture partner Bolero Resources, is discussing strategies to hopefully expand on the approximately 150,000 oz. Au in ground deposit on this property located west of Bathurst Inlet and 140 km west of Miramar Mining's Hope Bay greenstone belt.

There is an historic non NI 43-101 compliant resource estimate of 640,000 tonnes averaging 7.2 g/t Au (containing approximately 148,000 oz. Au) in the North Central Vein and 139,524 tonnes averaging 8.6 g/t Au (38,600 contained oz. Au) in the Fred Vein.

Gold: Divide, Alaska
Located approximately 45 km north of Nome and 33 km from Nova Gold's Rock Creek deposit, this potential gold target is joint ventured with Millrock Resources. The Companies expect to announce results of a 2008 summer drill program in the very near future.

Copper/Gold: Kamishak, Alaska
This property is located 440 km southwest of Anchorage also in the Iliamna Lake area and is joint ventured with Andover Ventures. An intrusive-related breccia hosting Cu-Au mineralization was the target of previous operators who completed 18 shallow cores between the early 1990s and 2006. Results included 50 metres of 1.32 g/t and 0.22% Cu, 21.3 metres of 0.85 g/t Au and 1.08% Cu and 3.0 metres of 12.6 g/t Au and 0.49% Cu.

Last changed at 11-Jan-2016 01:57PM by Moneytospend