Alexis Minerals Corporation

Alexis Minerals Corporation

September 17, 2007 08:30 ET

Alexis Minerals Corporation Strengthens Production Team: Appoints Keith Boyle as Executive Vice President and Chief Operating Officer

TORONTO, ONTARIO--(Marketwire - Sept. 17, 2007) - Alexis Minerals Corporation (TSX:AMC) is pleased to announce that Keith Boyle, P.Eng. has been appointed as Executive Vice President and Chief Operating Officer of the Company.

"We are very pleased to have added the tremendous experience of Mr. Boyle to our team," stated David Rigg, President & CEO of Alexis Minerals. "He brings to the Company strong technical and operating expertise to assist with our strategic approach of bringing both the Lac Herbin and Lac Pelletier projects to production."

Mr. Boyle is a seasoned mining professional with over 20 years experience specifically in building and operating small and large mines. Prior to joining Alexis, Mr. Boyle most recently served as Manager, Business Development for Dynatec Corporation and has previous management expertise in various types of operations with Dynatec, Inco, Placer Dome and Aur Resources. Mr. Boyle is a Professional Engineer (Ontario and Quebec) and holds a Masters of Business Administration degree from the University of Alberta.

The Board of Directors have granted Mr. Boyle 400,000 options in Alexis, which have an exercise price of $0.84 per option and vest over a two year period.

About Alexis Minerals

Alexis Minerals Corporation is a Canadian exploration and development company listed on the Toronto Stock Exchange (TSX). Alexis holds an outstanding portfolio of properties covering the Val-d'Or and Rouyn-Noranda Mining Camps in Quebec. Alexis is following strategic exploration approaches across these properties for both gold and base metals, with a focus on the potential for gold production from the 100%-owned Lac Herbin and Lac Pelletier deposits during 2007 - 2008. Alexis has a clear route to 100% ownership of all interests of Aur Resources on approximately 212 square kilometres of the Val-d'Or Mining Camp. Alexis has purchased the 1400 tonne per day Aurbel gold mill and holds a 100%-interest in the Aurbel property. The Company is also currently advancing towards a 50% interest in 825 square kilometres of the Rouyn-Noranda Mining Camp in JV with Xstrata Copper Canada (formerly Falconbridge Ltd.). Three (3) underground drills and three (3) surface drills are currently active on the Val-d'Or and Rouyn-Noranda properties.

Statements in this release that are not historical facts are "forward-looking statements" within the meaning of applicable securities law. Readers are cautioned that any such statements are not guarantees of future performance and that actual developments or results may vary materially from those in these "forward looking statements."

Contact Information

  • Alexis Minerals Corporation
    David Rigg
    President and CEO
    (416) 861-5889
    (416) 861-8165 (FAX)
    Alexis Minerals Corporation
    Peter Cashin
    Investor & Corporate Affairs
    (416) 861-5905
    Alexis Minerals Corporation
    Louis Baribeau
    Relationiste, Quebec
    (514) 667-2304