22.43 g Au/t over 4.21 m in hole HB 10-71; including 148.97 g Au/t over 0.59 m; or 51.46 g Au/t over 1.73 m 3.70 g Au/t over 9.86 m in hole HB 10- 80; ; including 5.69 g Au/t over 5.40 m; 41.62 g Au/t over 0.52 m.
Alexis' management feels the property could become the foundation for significant growth in resources, reserves and gold production within the next 12-18 months.
Alexis will invest approximately $5.5 million of its annual exploration budget in the Snow Lake property in 2010 and has three drill rigs operating. Exploration budgets on the Snow Lake properties are expected to increase to $8.0M for 2011.
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