Alix Resources Corp.

Alix Resources Corp.

November 04, 2015 08:00 ET

Alix to Commence Work on Newly Acquired Project Adjoining Bacanora's "Sonora Lithium Project" Located in Sonora, Mexico

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 4, 2015) - ALIX RESOURCES CORP. ("Alix" or the "Company") (TSX VENTURE:AIX)(FRANKFURT:37N) announces an initial-phase work program on its newly acquired "Electra" Project located in Sonora, Mexico, set to commence in the coming weeks. Alix's Electra Project consists of two large exploration concession applications covering 22,625 hectares adjoining Bacanora Minerals Ltd. and Rare Earths Minerals PLC (REM)'s Sonora Lithium Project.

The first phase of the work program will commence on the Tule Concession of Alix's Electra Project in early November and will focus on two initial, high priority targets determined by Alix geologists.

The Tule Concession, comprised of 18,125 hectares (approximately 15 kilometers east-west by 12 kilometers north-south), covers the extension of three lithium-bearing horizons as outlined in recent BCN/REM presentations. The mineralized trend on the BCN/REM property has been interpreted to extend approximately 15 kilometres SSE from the La Ventana Lithium Deposit to the location of another lithium prospect, and at least an additional 12 kilometers from this point, towards the Alix Tule Concession.

President Mike England states, "The Alix geological team is very eager to commence exploration on the Tule Project. Having 18,000 hectares of prospective lithium ground bordering and on trend with Bacanora Minerals - the first company to strike a lithium supply deal with Tesla Motors Inc. - is a definite cause for enthusiasm for Alix shareholders." (See BCN press release dated August 28, 2015)

The technical contents of this release were approved by Mr. Case Lewis, P.Geo., a Qualified Person as defined by National Instrument 43-101. The properties have not been the subject of a National Instrument 43-101 report.


Michael England, President, CEO, Director

Neither the 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.

Contact Information

  • Alix Resources Corp.
    Michael England
    President, CEO, Director
    1-604-683-3995 or Toll Free: 1-888-945-4770