Alexandria Minerals Corporation

Alexandria Minerals Corporation

April 22, 2008 11:39 ET

CCM Research Issues Update Report on Alexandria Minerals Corporation

TORONTO, ONTARIO--(Marketwire - April 22, 2008) - CCM Research analyst, Thomas Tustin, MBA, CFA, has written an update report on Alexandria Minerals Corporation.

Alexandria Minerals (TSX VENTURE:AZX) is a junior resource company focused on acquiring and exploring high-potential properties situated in the world-class mining camps of Ontario and Quebec, Canada. The Company is aggressively exploring several advanced gold projects in the Val d'Or mining camp of northwestern Quebec. Prospective gold targets are being tested as part of a first-pass assessment of a land package that now covers more than 23 km of the prolific gold-bearing Cadillac-Larder Lake Break.

In the report the analyst states, "The Company's management has rapidly accumulated one of the largest gold land packages in the world class Val d'Or gold mining region of Quebec, and holds an interest in 616 mineral claims stretching over 32 km of strike length along the Cadillac Larder-Lake Break."

The analyst continues, "The Company enlarged its Cadillac Break property package during the quarter. The Val d'Or property group was increased through a purchase and sale agreement with Marc Deckeyser. In addition, the Company staked 25 new claims adjacent to this new Deckeyser property. A further 18 claims, adjacent to the Orenada property, were also staked during the quarter."

With regard to finances, the analyst notes: "The Company's financial position remains strong with more than $3.5 million in cash and cash equivalents, and no long-term debt."

A free copy of the report can be found at:

CCM Research is a division of Cronus Capital Markets, Inc. Cronus Capital Markets, Inc., through its CCM Corporate Advisory division, entered into a one year $45,000.00 contract with the Company to assist it with the creation and execution of information-based strategies to overcome market inefficiencies that are commonplace for the vast majority of public companies, including: share illiquidity, lack of credibility, and stagnant market capitalization.

Cronus Capital Markets® (CCM) is a leading capital market services firm providing services to investors, institutions, exchanges, and public companies. CCM's equity research, indexes, and ETFs receive international attention and represent important new sectors of growth.


The TSX Venture Exchange has neither approved nor disapproved the contents of the press release.

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