Alix Resources Corp.

Alix Resources Corp.
Cloudbreak Resources Ltd.

Cloudbreak Resources Ltd.

July 29, 2009 03:01 ET

Alix and Cloudbreak Acquire More Land in Yukon's White Gold District

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 29, 2009) - ALIX RESOURCES CORP. (TSX VENTURE:AIX)(FRANKFURT:37N) and CLOUDBREAK RESOURCES LTD. (TSX VENTURE:CDB)(FRANKFURT:C6K) (the "Companies") announce that they have collectively acquired a further 125 claims in the vicinity of Underworld's White Gold discovery in the Yukon.

As announced July 7th, 2009 Alix and Cloudbreak entered into a joint venture agreement to jointly acquire and perform work programs in the White Gold district. These new claims bring the total claim count to approximately 150 claims, or 3,105 hectares making this land position one of the largest in the vicinity of Underworld's White Gold discovery of 103 meters of 3.4 g/t Au (see PR May 26, 2009).

Terms of the deal are: Alix and Cloudbreak shall issue to the vendor, Mr. Blair Naughty, 2.5 million shares and $25,000 from each Company, issue a 3% NSR with 1% purchasable for $1,000,000 at any time plus commit to spend $250,000 in year one.

Alix and Cloudbreak are in the process now of performing a systematic geological and geochemical survey of the initial claim block (see PR July 22, 2009).

It is the intention of the Companies to continue surface exploration programs on all the claims with the goal of beginning a drill program this summer.

This transaction is subject to the approval of the TSX Venture Exchange.

For further information please visit the Companies' websites located at and


Michael England, President Alix Resources

Richard Macey, President Cloudbreak Resources

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.

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