News 
Market Data 
Discover
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
QMX Announces Revenue of $7.38 Million in the Second Quarter of 2013
08/15/2013
http://www.qmxgold.ca/English/Investor-Centre/News/News-Details/2013/QMX-Announces-Revenue-of-738-Million-in-the-Second-Quarter-of-2013/default.aspx
TORONTO, ONTARIO--(Marketwired - Aug. 15, 2013) -
QMX GOLD CORPORATION
(TSX:QMX)("QMX Gold" or the "Company") sold 5,366 ounces of gold at
an average price of $1,456 generating revenue of $7.38 million in
the second quarter of 2013.
All figures are reported in Canadian dollars, unless noted
otherwise.
Q2 Financial Summary:
Q2 2013 Q1 2013 Six months ending June 30, 2013
Net Revenue $7.38 Million $6.40 Million $13.78 Million
Mine Operating Earnings (loss) ($990,000) ($1.04 Million) ($2.03 Million)
Ounces Recovered 5,643 4,141 10,095
Ounces Sold 5,366 4,100 9,466
Average Sale Price $1,456 $1,641 $1,536
Cash Cost Per Ounce* $1,283 $1,568 $1,407
Cash Flow from Operating Activities $1.23 Million $2.31 Million $3.55 Million
Net Gain (Loss) ($6.38 Million) ($4.04 Million) ($10.42 Million)
*See Non-IFRS Measures
Second Quarter Results From Operations
In the second quarter of 2013, the Aurbel Mill processed 39,667 tonnes of ore with a head grade of 4.42 g/t Au and the mill achieved an average recovery rate of 93.5%. This yielded 5,643 ounces of gold, an increase of 1,500 ounces over Q1 2013, which is attributed to the Company mining in a higher grade zone during the period.
Revenue in the second quarter was $7.38 million, generated from the sale of 5,336 ounce of gold. The average sale price in the quarter was $1,456 per ounce, down from $1,641 per ounce in Q1 2013. Mine operating expenses, which include amortization and depletion of $1.48 million, were $8.36 million, contributing to an operating loss of $990,000 for the quarter. The net loss for the quarter was $6.38 million or $0.20 per share.
Cash provided by operating activities for the quarter was $1.23 million compared to $2.31 million for Q1 2013.
The cash cost per ounce during the quarter was $1,283 per ounce (see non-IFRS Measures), a significant decrease from $1,568 per ounce in the first quarter. This reduction in cash costs can be attributed to cost management measures that are underway at Lac Herbin and the improved recovery rates experienced at the Aurbel Mill.
Financial Results for Six Months Ending June 30, 2013
In the six months ending June 30, 2013, QMX Gold sold a total of 9,466 ounces of gold generating $13.78 million in revenue for the company. The average sale price was $1,536 per ounce. In this same period, mine operating expenses totaled $13.32 million and depreciation amounted to $2.49 million for a gross loss of $2.01 million. The net loss for the six months ending was $10.42 million. The average cash cost per ounce was $1,407. Cash provided by operating activities for the six months ending June 30, 2013 was $3.55 million compared to $900,000 in the same period of 2012.
As at June 30, 2013, the Company was in breach of certain of covenants on its outstanding note payable. As a result, the lender is exercising certain of their rights under the loan agreement, has limited the Company's access to certain bank accounts and is controlling certain cash disbursements, including applying funds in such accounts against interest and fees payable to them. The Company and the lender are currently in negotiations with respect to this covenant breach.
Operational Outlook
Lac Herbin
The Lac Herbin mine has undertaken a number of cost reduction measures that have had a positive impact on the Company's operational cash costs. Recently, QMX Gold has announced that there would be a suspension of development and exploration activities below the 42 level for an undetermined period of time. Lac Herbin will continue to operate above the 42 level to mine out the known mineralized lenses which should continue into Q3 2014. Operational guidance for the mine remains at production levels of 20,500 to 23,000 ounces of gold at a cash cost between $1,200 and 1,400 per ounce for 2013.
In the second quarter of 2013, QMX Gold entered into a custom milling agreement with Armistice Resources ("Armistice") to handle, mill and refine ore from Armistice's McGarry Mine near Kirkland Lake, Ontario, as a way to generate additional revenue for the company. The agreement will see a minimum of 30,000 tonnes of ore delivered by Armistice over the period of at least a year. At the end of the second quarter, regulatory approval was granted by the Quebec government and Armistice shipped its first 5,000 tonnes of ore for processing.
http://www.qmxgold.ca/English/Home/default.aspx
God Bless
QMX Gold Corp CEO Talks About Lac Herbin Project
http://www.kitco.com/KitcoNewsVideo/index.html?v=12-12-17_mining_minutes_1
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=83418188
QMX Gold Announces Resignation
01/07/2013
TORONTO, ONTARIO--(Marketwire - Jan. 7, 2013) -
QMX GOLD CORPORATION
(TSX:QMX)(OTCQX:QMXGF) ("QMX Gold" or the "Company") announces
that Mark Eaton has resigned as a director on the board of
directors of the Company effective December 31, 2012
(the "Resignation") to comply with internal governance standards
with respect to the number of boards on which certain officers
should sit.
The Company would like to thank Mr. Eaton for his contribution
to the Company's board of directors during his tenure.
About QMX Gold
QMX Gold Corporation is a Canadian publicly traded mining company
focusing on mine development and exploration in Quebec and
Manitoba.
The Company is listed on the Toronto Stock Exchange and
effective July 5, 2012, began trading under the symbol "QMX", and
trades in the United States on the Over the Counter QX
International platform under the symbol "QMXGF".
QMX Gold continues to operate in the Val-d'Or area with production
estimated at 18,000-20,000 ounces of gold per year.
The Company has also begun to ramp-up pre-production activities
at its property at the Snow Lake Mining Camp which has a
Measured and Indicated Mineral Resource of 5.4 million tonnes
grading 4.45 g/t Au for approximately 720,000 oz of gold.
Snow Lake Mine is expected to produce 80,000 ounces of gold per year.
Full details are outlined in the Technical Report titled
"Snow Lake Mine Re-activation Project"
dated December 10, 2010 and prepared by:
Andre Roy (Eng.) Jamie Lavigne (P.Geo), David West (P.Eng),
Ian Ward (P.Eng), Matthew Parfitt (P.Eng), Mark Bednarz (P.Geo),
which is available on the SEDAR profile of the Company at
www.sedar.com.
Qualified Person
Technical programs and scientific and technical information
included in this release have been supervised, compiled,
reviewed and approved by David Rigg, P.Geo.,
the Chairman of the Company and a Qualified Person as
defined under NI 43-101.
Forward-looking information:
This press release contains "forward-looking information"----
forward-looking information, except in accordance with applicable
securities laws.
http://www.alexisminerals.com/files/QMX%20Marketing%20Presentation_Dec2012_v002_f9qien.pdf
Contact Information:
QMX Gold Corporation
Francois Perron
President and CEO
(416) 309-2952 or Toll free: +1 877-717-3027
QMX Gold Corporation
Louis Baribeau
Public Relations
(514) 667-2304 or Toll free: +1 877-717-3027
QMX Gold Corporation
Rob Hopkins
Investor Relations
(416) 861-5899 or Toll free: +1 877-717-3027
info@qmxgold.ca
http://www.qmxgold.ca
Contact:
QMX Gold Corp. (QMXGF) Latest Presentation -
http://www.alexisminerals.com/English/Investor-Centre/Presentations/default.aspx
News
November 15, 2012
QMX Gold Realizes Third Quarter Revenue of $8.3 Million
http://www.alexisminerals.com/English/Investor-Centre/News/default.aspx
QMX Gold Reports Intersections Up to 25.9 g/t Au Over 1.5 Metres from Drill Results at the FL Zones, Lac Herbin Mine
http://tmx.quotemedia.com/article.php?newsid=54074508&qm_symbol=QMX
TORONTO, ONTARIO--(Marketwire - Sept. 6, 2012)
-
QMX Gold Corporation
(TSX:QMX)(OTCQX:QMXGF) ("QMX" or the "Company") is pleased to
announce results from recent drilling activities at its wholly
owned Lac Herbin mine in Val D'Or, Quebec.
Results from the exploration and definition diamond drilling
program have allowed the Company to generate outlines of the
FL Zones.
Locations of the Zones are shown in Figure 1 below.
This drilling activity, completed in the fourth quarter of 2011, has been focused on in-fill drilling of the inferred resource envelope with the goal of expanding the zone. The FL Zone is located less than 150 metres from surface and extends over a lateral distance of 225 metres.
Highlights from the drill results from the FL Zones include:
25.9 g/t Au over 1.5 metres from hole AMAR-226
22.2 g/t Au over 1.6 metres from hole AMAR-220
21.5 g/t Au over 1.5 metres from hole AMAR-176
QMX Gold targeted the FL Zones with definition drilling of 66 holes for a total of 8,190 metres. From the 66 holes, 61 (or 92%) intersected anomalous gold mineralisation and associated alteration in the target area. Of these, 32 holes (or 48 %) show mineralization above 0.9 g/t Au and 15 holes (23%) return grades above 5.0 g/t Au. These characteristics are typical of areas with economic gold mineralization throughout the Lac Herbin mine.
Development to access the upper sector, named 6 FL and shown in Figure 2, was initiated in August 2011. Development which finished in April 2012 sent 1806 tonnes at 6.37 g/t Au to the mill for a total of 370 ounces. Production from this zone is forecasted to begin during the first quarter of 2013.
The lower part of the FL zone, named 11 FL and shown in Figure 3, similarly returned positive drill results and mining of this area will be integrated into the Company's 2013 mining plan.
The FL Zone is a ductile shear that varies from a few centimeters to 2.0 meters wide, locally reaching up to 7 meters wide, all located within the massive diorite of the Bourlamaque Batholith. The shear is injected with 5 to 80% quartz and quartz-carbonate-chlorite veining which varies from 10cm to 2.0m in width. The veining contains trace to 5% patchy, massive, and disseminated pyrite with rare, trace chalcopyrite. Gold in this region is associated with pyrite.
Data from 15 exploration holes, which include seven West block 6FL diamond drill holes for a total of 2399 metres are found at the bottom of the table. One hole returned values above 5.0 g/t Au and two intersected mineralisation above 0.9 g/t Au.
Francois Perron, the President and CEO of QMX Gold, commented: "Surface drilling of inferred resources in the FL Zone at the beginning of the year has confirmed the mineralization. The development required to access and define this new sector was undertaken shortly after its potential was recognized. These drilling results will be incorporated into the mineral resource and reserve estimate which will be disclosed in the first quarter 2013.
The mine exploration program for 2012 continues to define other nearby zones including the Bonanza, LH, S1 and other flat vein swarms. The Company's objective is to add reserves at a greater rate than they are mined."
The following table summarizes the recent drill results:
Holes From To Core
length True
width* Grade Zone Comments
meters meters meters meters g/t Au
AMAR-165 124.40 124.95 0.55 1.50 0.01 11FL 1% Quartz veining
AMAR-171 57.20 58.70 1.50 1.50 2.29 6FL Outside Contour
AMAR-172 65.10 66.80 1.70 1.50 13.50 6FL 75% Qtz veining, shear
AMAR-173 56.40 57.90 1.50 1.50 0.77 6FL Outside Contour
AMAR-174 33.50 35.00 1.50 1.50 No samples 6FL Outside Contour
AMAR-175 118.80 120.40 1.60 1.50 11.30 11FL 40% Qtz veining, 5%Py
AMAR-176 125.10 126.70 1.60 1.50 21.53 11FL Shear Zone, 5%Py
AMAR-177 133.60 135.10 1.50 1.50 0.02 11FL Minor Shear, TrPy
AMAR-178 125.80 127.50 1.70 1.50 4.51 11FL 80% Qtz veining, 1%Py
AMAR-179 121.50 123.00 1.50 1.50 1.52 11FL 10% Qtz veining, TrPy
AMAR-180 127.15 128.75 1.60 1.50 0.03 11FL Outside Contour
AMAR-181 124.75 126.25 1.50 1.50 2.45 11FL 2.4m Shear, TrPy
AMAR-182A 126.25 127.75 1.50 1.50 5.99 11FL Qtz vein, 2%Py
AMAR-183 33.30 34.85 1.55 1.50 3.97 6FL 25% Qtz, Shear, 2%Py
AMAR-184 56.90 58.40 1.50 1.50 8.15 6FL Qtz vein, 2%Py
AMAR-185 76.80 78.45 1.65 1.50 3.69 6FL Qtz vein, 2%Py
AMAR-186 93.40 95.00 1.60 1.50 0.21 6FL Outside Contour
AMAR-187 78.60 80.20 1.60 1.50 0.01 6FL Outside Contour
AMAR-188 40.45 42.00 1.55 1.50 19.16 6FL Qtz vein, 2%Py
AMAR-189 32.80 34.45 1.65 1.50 1.74 FL Qtz vein, 2%Py
AMAR-190 27.40 29.00 1.60 1.50 0.06 6FL Outside Contour
AMAR-191 107.75 109.35 1.60 1.50 17.37 11FL Qtz vein, 5%Py
AMAR-192 100.55 102.10 1.55 1.50 10.24 11FL 30% Qtz, Shear, 2%Py
AMAR-193 98.50 100.00 1.50 1.50 4.78 6FL Qtz vein, 15%Py
AMAR-194 106.35 107.95 1.60 1.50 0.78 11FL Outside Contour
AMAR-195 116.00 117.70 1.70 1.50 No samples 11FL Outside Contour
AMAR-196 110.70 112.85 2.15 1.50 0.01 11FL Outside Contour
AMAR-197 111.00 112.60 1.60 1.50 1.24 11FL Qtz vein, 1%Py
AMAR-198A 123.60 125.30 1.70 1.50 11.00 11FL 30% Qtz, Shear, 8%Py
AMAR-199 138.00 139.80 1.80 1.50 0.52 11FL Qtz vein, <1%Py
AMAR-201 142.40 142.80 0.40 1.50 LV 11FL Outside Contour
AMAR-202A 112.40 114.00 1.60 1.50 1.19 11FL Shear Zone, 3%Py
AMAR-203 117.40 119.00 1.60 1.50 10.61 11FL Shear Zone, 20%Py
AMAR-207A 104.90 106.50 1.60 1.50 0.24 11FL Outside Contour
AMAR-208 117.40 118.95 1.55 1.50 0.75 11FL Shear Zone, 5%Py
AMAR-209 128.65 130.50 1.85 1.50 0.43 11FL Outside Contour
AMAR-210 117.60 119.15 1.55 1.50 0.08 11FL Outside Contour
AMAR-211 124.75 126.40 1.65 1.50 0.82 11FL Outside Contour
AMAR-213 120.10 121.70 1.60 1.50 11.10 11FL Qtz vein, 4%Py
AMAR-214 111.65 113.30 1.65 1.50 1.64 11FL Shear, 2%Py
AMAR-215A 36.40 37.94 1.54 2.10 9.98 6FL Qtz vein, 1%Py
AMAR-216 70.25 71.80 1.55 1.50 0.39 6FL Qtz vein, TrPy
AMAR-217 48.95 50.50 1.55 1.50 No samples 6FL Outside Contour
AMAR-218 73.65 76.00 2.35 2.30 1.37 6FL Qtz vein, 2%Py
AMAR-219 111.00 112.60 1.60 1.50 0.40 11FL Outside Contour
AMAR-220 116.15 117.90 1.75 1.60 22.22 11FL Shear, 2%Py
AMAR-221 122.00 123.55 1.55 1.50 0.23 11FL Shear, TrPy
AMAR-222 125.25 127.20 1.95 1.80 2.32 11FL Qtz vein, 3%Py
AMAR-223 125.60 126.20 0.60 1.50 0.05 11FL Outside Contour
AMAR-224 132.70 134.40 1.70 1.50 0.02 11FL Outside Contour
AMAR-225A 143.15 145.00 1.85 1.50 1.36 11FL Trace Py
AMAR-226 123.38 124.90 1.52 1.50 25.93 11FL Qtz vein, 9%Py
AMAR-227 126.90 128.60 1.70 1.50 0.08 11FL Outside Contour
AMAR-228 136.10 137.70 1.60 1.50 0.03 11FL Outside Contour
AMAR-229 121.00 122.50 1.50 1.50 0.16 11FL Qtz vein, TrPy
AMAR-231 117.65 119.20 1.55 1.50 0.02 11FL Shear, TrPy
AMAR-232 123.90 125.50 1.60 1.60 0.62 11FL Outside Contour
AMAR-233 132.45 134.20 1.75 1.50 0.34 11FL Qtz vein, <1%Py
AMAR-234 137.65 139.65 2.00 1.80 3.09 11FL Qtz vein, Shear, 1%Py
AMAR-235 116.00 117.55 1.55 1.50 0.95 11FL Outside Contour
AMAR-236 118.85 120.50 1.65 1.50 0.08 11FL Qtz vein, Shear, 1%Py
AMAR-237 144.95 147.65 2.70 2.6 0.09 11FL Outside Contour
AMAR-238 119.25 120.80 1.55 1.5 12.20 11FL Qtz vein, Shear, 10%Py
AMAR-239 117.30 119.40 2.10 1.5 0.01 11FL Outside Contour
AMAR-240 118.95 120.50 1.55 1.5 LV 11FL Outside Contour
AMAR-241 76.00 77.55 1.55 1.5 2.57 6FL Outside Contour
AMAR-242 203.70 205.50 1.80 1.5 No samples FL Exploration
AMAR-243 186.80 188.35 0.75 1.5 LV FL Exploration
AMAR-244 361.10 362.70 1.60 1.5 0.01 FL Exploration
AMAR-253 212.00 213.60 1.60 1.5 0.02 FL Exploration
AMAR-255 159.70 161.30 1.60 1.5 No samples FL Exploration
AMAR-256 208.30 209.80 1.50 1.5 No samples FL Exploration
AMAR-257 192.00 193.50 1.50 1.5 0.01 FL Exploration
AMAR-258 215.00 216.70 1.30 1.5 No samples FL Exploration
AMAR-259 58.60 60.20 1.60 1.5 7.91 6FL West block 6FL
AMAR-260 43.40 45.00 1.60 1.5 0.01 6FL West block 6FL
AMAR-261 58.10 59.80 1.70 1.5 0.09 6FL West block 6FL
AMAR-262 40.60 42.20 1.60 1.5 2.70 6FL West block 6FL
AMAR-263 58.30 60.00 1.70 1.5 1.55 6FL West block 6FL
AMAR-264 58.30 59.90 1.60 1.5 0.01 6FL West block 6FL
AMAR-265 58.00 59.80 1.80 1.5 No samples 6FL West block 6FL
* The FL zone has an average dip of 45 degrees south. The drill holes have intersected the FL zone at angles varying between 70 and 80 degrees. Therefore, the true width of the ore zone averages 90% of the core length. All holes have been composited to 1.50 metres true width or greater to coincide with the minimum mining width of 1.50 metres.
Qualified Persons and Quality Control
The technical and scientific information in this press release has been compiled, reviewed and verified by Chief Geologist Ronald G. Leber, P.Geo., and Senior Exploration Geologist Claude Savard, P.Geo., Lac Herbin Mine, QMX Gold Corporation; Qualified Persons (QP's) as defined by National Instrument 43-101. Mme. Savard was the QP who directly supervised the drill program and all technical work conducted at Mine Lac Herbin, as summarized herein. Diamond drill core was logged and sampled by company personnel at the Lac Herbin mine. NQ size exploration core was cut in half using a diamond saw with one half bagged and submitted for assaying and the remaining half sample retained and archived. BQ size definition core is entirely bagged and submitted for assay. A strict QA/QC program is followed that includes mineralized standards, blanks and field duplicates for each batch of samples. Analyses are performed by Techni-Lab of Ste-Germaine Boulé, Québec an ISO/IEC 17043 accredited assay facility. The Laboratory is certified by the Standards Council of Canada for gold analyses utilizing instrumental or gravimetric finish.
The economic potential and forecast results from mining activities in the FL Zones targeted by the drilling described above has not been proven nor is it subject to any feasibility study. There is no guarantee that production activities from such areas will be profitable.
About QMX Gold
QMX Gold Corporation is a Canadian publicly traded mining company focusing on mine development and exploration in Quebec and Manitoba. The Company is listed on the Toronto Stock Exchange ("TSX") and effective July 5, 2012 began trading under the symbol "QMX". QMX Gold trades in the United States on the Over the Counter QX International ("OTCQX") platform under the symbol "QMXGF". QMX Gold continues to be a dynamic and aggressive mining company operating in Canada's richest mining regions: Val-d'Or, Quebec, and Snow Lake, Manitoba. QMX Gold continues to operate in the mineral rich Val-d'Or area with production estimated at 18,500-20,500 ounces of gold per year. The Company has also begun to ramp-up pre-production activities at its property at the Snow Lake Mining Camp which has a Measured and Indicated Mineral Resources of over 720,000 oz gold and is expected to produce 80,000 ounces of gold per year as identified in the Technical Report of December 10, 2010 titled Snow Lake Mine Re-activation Project prepared by: Andre Roy (Eng.) Jamie Lavigne (P.Geo), David West (P.Eng), Ian Ward (P.Eng), Matthew Parfitt (P.Eng), Mark Bednarz (P.Geo).
Forward-looking information :
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the impact of these drill results and the timing and amount of future exploration and development of the property, the timing and amount of future production, and the future financial or operating performance of QMX Gold and its projects. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to those risks described in the annual information form of the Company, which is available under the profile of the Company on SEDAR. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
To view the Figures associated with this release, please visit the following link: http://media3.marketwire.com/docs/817085e.pdf
Lac Herbin's Bonanza Zone Expanded With Definition Drilling
Returning Up to 7.6 g/t Au Over 10 Metres
TORONTO, ONTARIO--(Marketwire - July 31, 2012) -
QMX GOLD CORPORATION
(TSX:QMX)(OTCQX:AXSMD) ("QMX Gold" or the "Company") is pleased
to report encouraging results from the 2012 definition diamond
drill hole ("DDH") program at the Bonanza Zone of its wholly-
owned Lac Herbin Mine.
http://www.alexisminerals.com/English/Investor-Centre/News/News-Details/2012/Lac-Herbins-Bonanza-Zone-Expanded-With-Definition-Drilling-Returning-Up-to-76-gt-Au-Over-10-Metres1130371/default.aspx
http://www.alexisminerals.com/English/Investor-Centre/News/default.aspx
http://www.alexisminerals.com/Theme/Alexis/files/Alexis%20Marketing%20Presentation_JUL142012_v001_w3z9b7.pdf
http://www.alexisminerals.com/English/Investor-Centre/Presentations/default.aspx
The 2012 definition DDH program, which started at the end of
February, has completed 43 holes for 2,561 metres of core from
three different underground platforms on level 22 of
the Lac Herbin Mine.
The best assay results are from:
Hole LH03-316, returning 7.63 g/t Au over 10.50 metres
(true width)
Hole LH03-390, returning 19.24 g/t Au over 2.80 meters (true width)
The western block 2010 Inferred Resource Contour (shown in
Figure 1) was based on a mineralized structure 30 metres high
by 58 metres long and 1.5 metres wide.
The drilling has substantially increased the size of the Western
2012 Mineralized Contour (shown in Figure 1), which is now
based on a mineralized structure 50 metres high by 80 metres
long with an average thickness of 3.27 meters.
Overall, the mineralized structure now extends over a footprint
that is twice the original estimate as demonstrated in
Figure 1.
The zone is still open to the east, above and below.
Drilling is ongoing to determine the dimensions of
the western and eastern sectors.
Mineralization of the Bonanza Zone consists of quartz and
quartz-carbonate veins and stockwork with free gold, patchy
massive pyrite and disseminated pyrite hosted in a massive
diorite.
Results of the drilling are summarized in the table below.
The underground access to reach the Bonanza Zone was completed
during the fourth quarter of 2011.
Underground workings are focusing on the development of diamond
drill platforms on the east side of the zone for continued
definition drilling.
On the west side of the zone lateral and vertical development
is underway in order to start production in early 2013.
Development progress towards the Bonanza Zone is shown in
figure 2.
Francois Perron, President and CEO comments
"We are very pleased with the ongoing work at the Bonanza Zone.
While we are still drilling and preparing the resource for a
year end mineral resource, the mineralized area in
the Bonanza Zone appears to be potentially larger than we had
previously believed.
This new zone, combined with the previous work at the FL zone
and the upcoming work on the S1 Zone, is expected to contribute
to our objective of being able to extend the mine life at
Lac Herbin by increasing our ability to replace the ore
as mined."
All holes on the longitudinal section have been composited to 1.20 metres true width or greater to coincide with the minimum mining width of 1.20 metres. Assay results are included in Table 1.
http://tmx.quotemedia.com/article.php?newsid=53153923&qm_symbol=QMX
God Bless
QMX Gold Reports Results From the Birch Zone Including 5.35 g/t Au Over 6.4 Metres
http://www.marketwire.com/press-release/qmx-gold-reports-results-from-the-birch-zone-including-535-g-t-au-over-64-metres-tsx-qmx-1682493.htm
TORONTO, ONTARIO--(Marketwire - July 23, 2012) -
QMX GOLD CORPORATION
(TSX:QMX)(OTCQX:AXSMD) ("QMX Gold" or the "Company") is pleased
to announce results from a 7,194 metre surface drill program on
the Birch Zone at the Snow Lake Mine in Snow Lake, Manitoba.
The Birch Zone is located 3 km by road from the Main Mine and
Mill (see Figure 1) and lies on a mineral lease 100% owned by
QMX Gold.
The Birch Zone is known to host NI 43-101 compliant Inferred Resources of 569,000 tonnes grading 4.42 g/t Au, representing approximately 81,000 ounces gold*. These mineral resources are not included in the most recent Feasibility Study dated December 10, 2010 and are not currently included in the Development and Production plans for the Snow Lake Mine. A new Resource model and estimate is in preparation.
The 2011 drill program was completed to define areas of Inferred Resources to convert part of these into an Indicated Resource for the purpose of detailed mine modeling and to explore the area for additional mineralization and zone extensions. Drilling initially focused on confirming the continuity of mineralization and defining structural controls. Current and historical hole locations are shown in Figure 2. Results from the program are encouraging and are shown in Table 1.
Highlighted Results include:
3.30 g/t over 0.5 metres in Hole BIR11-05
5.35 g/t over 6.4 metres in Hole BIR11-08
4.89 g/t over 4.6 metres in Hole BIR11-18
Recent modeling shows that mineralization in the Birch zone demonstrates good grade continuity within several structurally-controlled lenses. The lenses plunge to the east-northeast, similar to the Main Mine and No.3 Zone. Drilling confirms their down-plunge extension. Approximately 50% of the Resource is contained in one near-surface zone which was test-mined by open pit in 1996, producing 31,353 tons (28,437 metric tonnes) at a grade of 0.104 oz/t Au (3.23g/t Au)*. Four additional structures are present in the footwall to this zone and there is minor mineralization in the hanging wall. Mineralization has an average, true thickness of about 3 to 4 metres, varying between 1.5 to 8 metres. Overall, the bulk of the Birch exploration effort has focused on the area 200 metres from surface, with additional testing required to test multiple mineralized structures at depth.
These results have the potential to enhance the Snow Lake Mine start-up plan and could extend the mine life as described in Feasibility Study.
Francois Perron, President and CEO of QMX Gold, commented, "I am very pleased with the drill results from the Birch Zone which should grow the resource there and confirm the continuity of the mineralization in the zone. From the information that was uncovered by our Exploration Team, more work will be required to assess the potential of deepening the small existing pit and the potential for a new ramp analogous to the one already planned for the No. 3 zone. The Birch Zone is rapidly evolving into a near term priority to complement our current mine plan by increasing mine life and providing an additional source of mine feed. Overall we expect that as we know more about this zone results should positively impact the economic aspects of the project."
Table 1: Results of 2011 Birch Zone Information gained from the 2011 drill program
Table 1
Birch Zone
Hole Number From
(m) To
(m) Composite
Core
Length
(m) Au
g/t Comments
BIR11-01 Hole was stopped at 35 metres due to excessive deviation
BIR11-02 No significant intersections, drilled outside of known mineralization
BIR11-03 Hole was stopped at 71 metres due to excessive deviation
BIR11-04 No significant intersections, drilled outside of known mineralization
BIR11-05 260.95 261.47 0.5 3.30 Drilled outside of known mineralization, continuity of structure shown
BIR11-06 235.78 236.89 1.1 2.03 Intersection on FW structure. Drilled outside of known mineralization, continuity of structure shown
BIR11-07 26.60 33.43 6.8 5.91 Intersection on main structure below pit
BIR11-08 30.63 37.00 6.4 5.35 Definition of main structure east of pit
BIR11-09 65.90 68.35 2.4 3.68 Definition of main structure east of pit
BIR11-10 No significant intersections, several zone composites showing structure continuity, best 1.24g/t/1.2m
BIR11-11 No significant intersections, several zone assays, best 6.65 g/t/0.4m
BIR11-12 205.85 209 3.2 4.37 Footwall mineralization composite
BIR11-12 239.25 239.66 0.4 61.83 Footwall mineralization
BIR11-13 No significant intersections, mineralization fringe, several zone composites, indicating structure continuity, best 1.25 g/t/1.0m
BIR11-14 No significant intersections, mineralization fringe, structure continuity shown by single assay grading 2.85 g/t/0.7m
BIR11-15 No significant intersections, structure continuity exhibited in several composite intersections, best 2.32 g/t/1.6m
BIR11-16 193.50 196.04 2.5 4.75 Main structure, additional assay in FW (209.80 to 210.18m of 9.05 g/t/0.4m
BIR11-17 231.51 232.24 0.7 7.44 Main structure mineralization
BIR11-18 148.47 153.03 4.6 4.89 HW mineralized zone
BIR11-18 166.56 166.92 0.4 18.59 Main structure in table, several FW structures, best 4.06 g/t/1.3m
BIR11-19 216.38 218.39 2.0 4.68 Mid structure in table, assay on HW structure of 6.93 g/t/0.7m
BIR11-20 177.52 178.13 0.6 22.60 Main structure in table, HW structure 2.89 g/t/0.6m, several FW structures best grading 3.91 g/t/0.6m
BIR11-21 Drilled outside of known resource in east Birch area, to test down plunge of Birch zone at to the depth of 717m. Best intersection 0.320 g/t/0.83m
BIR11-22 136.13 141.83 5.7 3.94 Main structure
BIR11-23 118.07 119.50 1.4 3.72 Main structure, up dip
BIR11-24 109.58 113.78 4.2 3.90 Main Zone
BIR11-24 179.23 180.41 1.2 5.23 FW mineralization in table, next best 8.44 g/t/0.3m
BIR11-25 110.88 11.89 1.0 18.26 HW structure, additional HW zones 2.26 g/t/4.3m, and 2.52 g/t/1.2m
BIR11-25 143.39 145.32 1.9 7.10 Main structure
BIR11-25 197.81 198.60 0.8 4.76 FW structure, additional FW structure (204.24-204.79m, grading 7.27 g/t/0.5m
BIR11-26 Drilled outside known mineralization area, best HW structure hit 1.55 g/t/1.6m, and main zone 2.57 g/t/0.5m
BIR11-27 Down-plunge of known mineralization, no significant results on main structure, best results on FW 4.08 g/t/0.7m
BIR11-28 149.00 151.00 2.0 3.46 FW structure, no significant assays on main structure
BIR11-29 No significant mineralized intersections, best HW intersection 5.35 g/t/0.5m, and 1.28 g/t/0.8m
BIR11-30 101.77 105.68 3.9 6.69 Main structure
BIR11-30 127.52 131.06 3.5 3.69 One of several FW structures, next best, 2.83 g/t/1.3m
BIR11-31 105.05 105.57 0.5 7.05 Main zone down-plunge, best FW intercept 2.81 g/t/0.5m
BIR11-32 112.60 114.75 2.2 4.83 HW structure, another HW zone grading 2.80 g/t/2.8m
BIR11-32 127.60 132.17 4.6 5.54 Main Structure
BIR11-32 194.08 195.23 1.1 3.30 FW structure, another FW structure grading 3.77 g/t/0.6m
Note: Every reasonable effort was made to drill at right angles to the perceived angle of the Birch zone structures. Intercept lengths are indicated since true thickness is not known.
Qualified Person
The technical and scientific content of this press release has been reviewed by Earl Masarsky, P. Geo., Chief Mine Geologist, Manitoba Division, QMX Gold and Qualified Person as defined under NI 43-101 guidelines. Mr. Masarsky is also the Qualified Person who directly supervised the drill program and all technical work conducted at the Snow Lake Mine, as summarized herein. Diamond drill core is logged and sampled by company personnel at the Snow Lake Mine. Core (NQ) is cut in half using a diamond saw with one half bagged and submitted for assay and the remaining half sample retained and archived in a secure facility. A strict QA/QC program is followed that includes mineralized standards, blank and field duplicate for each batch of samples. Samples are shipped by secure truck to TSL Laboratories Inc. (TSL) Saskatoon, Saskatchewan, an ISO/IEC 17025 accredited assay facility established in 1981. The Laboratory is certified by the Standards Council of Canada for gold analyses utilizing instrumental or gravimetric finish.
About QMX Gold
QMX Gold Corporation is a Canadian publicly traded mining company focusing on mine development and exploration in Quebec and Manitoba. The Company is listed on the Toronto Stock Exchange ("TSX") and effective July 5, 2012, will trade under the symbol "QMX", and trades in the United States on the Over the Counter QX International ("OTCQX") platform under the symbol "AXSMD". QMX Gold continues to be a dynamic and aggressive mining company operating in Canada's richest mining regions: Val-d'Or, Quebec, and Snow Lake, Manitoba. QMX Gold continues to operate in the mineral rich Val-d'Or area with production estimated at 18,000-20,000 ounces of gold per year. The Company has also begun to ramp-up pre-production activities at its property at the Snow Lake Mining Camp which has a Measured and Indicated Mineral Resources of over 720,000 oz gold and is expected to produce 80,000 ounces of gold per year.
Forward-looking information:
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the impact of these results on the Company's operations and performance, the timing and amount of future exploration and development of the property, the timing and amount of future production, and the future financial or operating performance of QMX Gold and its projects. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to those risks described in the annual information form of the Company, which is available under the profile of the Company on SEDAR. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
To view Figure 1, please visit the following link: http://media3.marketwire.com/docs/axsmd0723fig1e.pdf.
To view Figure 2, please visit the following link: http://media3.marketwire.com/docs/axsmd0723fig2e.pdf.
* Mineral resource estimates from Snow Lake Mine Re-activation Project Technical Report NI 43-101, December 10, 2010 prepared by Mr. Andre Roy P.Eng.
Contact Information
QMX Gold Corporation
Francois Perron
President and CEO
(416) 309-2952
QMX Gold Corporation
Louis Baribeau
Public Relations
(514) 667-2304
QMX Gold Corporation
Rob Hopkins
Investor Relations
(416) 861-5899 or Toll free: +1 877-717-3027
info@qmxgold.com
http://www.alexisminerals.com
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77264676
QMX Gold Corporation (QMX)
http://tmx.quotemedia.com/quote.php?qm_symbol=QMX
http://tmx.quotemedia.com/article.php?newsid=52480960&qm_symbol=QMX
LEARN MORE
http://alexisminerals.com/English/Investor-Centre/News/News-Details/2012/QMX-Gold-Corporation-to-Begin-Trading-on-the-TSX1130072/default.aspx
http://alexisminerals.com/Theme/Alexis/files/Alexis%20Marketing%20Presentation_JUL142012_v001_w3z9b7.pdf
http://www.alexisminerals.com/
http://alexisminerals.com/Our-Company/Corporate-profile/default.aspx
http://alexisminerals.com/Theme/Alexis/files/201207%20QMX%20Fact%20Sheet_v001_t88428.pdf
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77246978
http://www.gold-eagle.com/editorials_12/images/maund070112b.gif
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77231699
QMX Gold Corporation (QMX) fiat$0.60 Jul 5, 2012, 3:13 PM EDT
Exchange: Toronto Stock Exchange
$0.600 Jul 5, 2012, 3:13 PM EDT
Change: 0.575 (2,300.00%) Volume: 1,250
Day Low
0.600 Day High
0.60
Welcome To QMX Gold Corporation
QMX Gold Corporation is a dynamic and aggressive mining company
operating in Canada’s richest mining regions in Val-d’Or Quebec and
Snow Lake, Manitoba.
Gold production is a priority as QMX continues underground
operations at its Lac Herbin Mine and will be ramping up to mid-
tier productions levels with its Snow Lake Mine.
Exploration efforts are focused in the mineral rich Abitibi
District of Northern Quebec where the company has 100% ownership
of over 200 sq. km.
The company is also exploring its 88 sq. km property in
Snow Lake where historic production exceeded 1 million ounces.
LEARN MORE
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77246221
http://alexisminerals.com/English/Investor-Centre/News/News-Details/2012/QMX-Gold-Corporation-to-Begin-Trading-on-the-TSX1130072/default.aspx
http://alexisminerals.com/Theme/Alexis/files/Alexis%20Marketing%20Presentation_JUL142012_v001_w3z9b7.pdf
http://www.alexisminerals.com/
http://alexisminerals.com/Our-Company/Corporate-profile/default.aspx
http://alexisminerals.com/Theme/Alexis/files/201207%20QMX%20Fact%20Sheet_v001_t88428.pdf
QMX Gold Corporation to Begin Trading on the TSX
TORONTO, ONTARIO -- (MARKET WIRE) -- 07/03/12 --
ALEXIS MINERALS CORPORATION
(TSX:AMC)(OTCQX:AXSMF) ("Alexis" or the "Company") is pleased to
announce that it has changed its name to
QMX Gold Corporation.
The shareholders of the Company (the "Shareholder") approved
the name change at the recent Annual and Special Meeting of
Shareholders held on June 13, 2012.
In addition, Shareholders approved the consolidation of the
issued and outstanding common shares of the Company on the
basis of one new common share of the Company for every 20
existing common shares of the Company.
Effective July 5, 2012,
the new common shares will begin trading on the Toronto Stock
Exchange ("TSX") on a consolidated basis under the name
"QMX Gold Corporation" with the new trading symbol "QMX".
Changes to the OTCQX platform trading symbol for US markets will
occur over the coming weeks.
Equity Financial Trust Company, the company's Transfer Agent,
will act as agent for the purposes of implementing the exchange
of share certificates.
Transmittal forms will be mailed to shareholders of record as
of April 24, 2012. The letter of transmittal will also be
accessible under the SEDAR profile of the company at
www.SEDAR.com.
This name change comes on the recent news of a financing deal
with Credit Suisse (see press release issued May 29, 2012)
which the Company expects will begin the start-up of the
company's flagship property,
the Snow Lake Mine, located in Manitoba.
The name combines all aspects of the company with the "Q"
representing Quebec, the "M" for Manitoba, and the "X" for
the continued exploration potential at the company's various
mining leases located in Val d'Or and Snow Lake.
Other changes relating to the new company name will also be phased in over the next few months and will include: a new website address and investor contact email, updates to Twitter and Facebook profiles, and updated information about the company's upcoming projects.
Francois Perron, President and CEO, of QMX Gold Corporation
commented:
"I continue to be proud of the accomplishments by our teams at
the mine and exploration projects in Quebec and Manitoba.
This is an important day in the history of the Company as the
name change reflects the turning of a new page in the Company's
story, and the inclusion of the Manitoba Project as the key to
its success.
We are recognizing this with reference to Manitoba now found
in our company's name."
Qualified Person
Technical programs and information included in this release have been supervised, compiled, reviewed and approved by David Rigg, P.Geo., the Chairman of the Company and a Qualified Person as defined under NI 43-101.
About QMX Gold
QMX Gold Corporation is a Canadian publicly traded mining
company focusing on mine development and exploration in
Quebec and Manitoba.
The Company is listed on the Toronto Stock Exchange ("TSX") and
effective July 5, 2012, will trade under the symbol "QMX", and
trades in the United States on the Over the Counter QX
International ("OTCQX") platform under the symbol "AXSMF".
QMX Gold continues to be a dynamic and aggressive mining
company operating in Canada's richest mining regions:
Val-d'Or, Quebec, and Snow Lake, Manitoba.
QMX Gold continues to operate in the mineral rich Val-d'Or area
with production estimated at 18,000-20,000 ounces of gold per
year.
The Company has also begun to ramp-up pre-production activities
at its property at the Snow Lake Mining Camp which has a
Measured and Indicated Mineral Resources of
over 720,000 oz gold and
is expected to produce 80,000 ounces of gold per year.
Forward-looking information:
This press release contains "forward-looking information" ----
The Company does not undertake to update any forward-looking
information, except in accordance with applicable securities
laws.
Contacts:
Alexis Minerals Corporation
Francois Perron
President and CEO
(416) 309-2952
Alexis Minerals Corporation
Louis Baribeau
Public Relations
(514) 667-2304
Alexis Minerals Corporation
Rob Hopkins
Investor Relations
(416) 861-5899
Toll free: 1 877-717-3027
info@alexisminerals.com
http://www.alexisminerals.com
Source: Alexis Minerals Corporation
LEARN MORE
http://alexisminerals.com/English/Investor-Centre/News/News-Details/2012/QMX-Gold-Corporation-to-Begin-Trading-on-the-TSX1130072/default.aspx
http://alexisminerals.com/Theme/Alexis/files/Alexis%20Marketing%20Presentation_JUL142012_v001_w3z9b7.pdf
http://www.alexisminerals.com/
http://alexisminerals.com/Our-Company/Corporate-profile/default.aspx
http://alexisminerals.com/Theme/Alexis/files/201207%20QMX%20Fact%20Sheet_v001_t88428.pdf
Welcome To QMX Gold Corporation
QMX Gold Corporation is a dynamic and aggressive mining company
operating in Canada’s richest mining regions in Val-d’Or Quebec and
Snow Lake, Manitoba.
Gold production is a priority as QMX continues underground
operations at its Lac Herbin Mine and will be ramping up to mid-
tier productions levels with its Snow Lake Mine.
Exploration efforts are focused in the mineral rich Abitibi
District of Northern Quebec where the company has 100% ownership
of over 200 sq. km.
The company is also exploring its 88 sq. km property in
Snow Lake where historic production exceeded 1 million ounces.
LEARN MORE
http://alexisminerals.com/English/Investor-Centre/News/News-Details/2012/QMX-Gold-Corporation-to-Begin-Trading-on-the-TSX1130072/default.aspx
http://alexisminerals.com/Theme/Alexis/files/Alexis%20Marketing%20Presentation_JUL142012_v001_w3z9b7.pdf
http://www.alexisminerals.com/
http://alexisminerals.com/Our-Company/Corporate-profile/default.aspx
http://alexisminerals.com/Theme/Alexis/files/201207%20QMX%20Fact%20Sheet_v001_t88428.pdf
Alexis Obtains Approval for $45 Million Debt Financing for Snow Lake and Announces Proposed Restructuring With Share Consolidation and Name Change
TORONTO, ONTARIO--(Marketwire - May 29, 2012) -
ALEXIS MINERALS CORPORATION
(TSX:AMC)(OTCQX:AXSMF) ("Alexis" or the "Company") is pleased to
announce that it has received formal credit approval from Credit
Suisse for a US $45 million, 4 1/2-year term loan to further the
development of
The Snow Lake Gold Mine.
http://tmx.quotemedia.com/article.php?newsid=51625833&qm_symbol=AMC
AXSMF Gold Road Map Chart -
GLD - new buy signal this week -
GDX - on buy signal -
XGD.TO - on buy signal -
GOLD DEVELOPMENT: Alexis arranges Snow Lake US$45-million
2012-05-29 MANITOBA –
Alexis Snow Lake Gold Mine -
Since Alexis became owner of the Snow Lake project in 2009 with
its acquisition of Garson Gold,
Alexis has increased the mineral resources and
completed a feasibility study (November 2010).
The measured and indicated resource now stands at
728,000 tonnes and the inferred resource at 336,700 tonnes.
There are an estimated 1.1 million oz of contained
gold in the resources.
The latest corporate presentation at
http://www.AlexisMinerals.com
provides details about
The Snow Lake Gold Mine project -
ALEXIS Presentation -
http://www.alexisminerals.com/Theme/Alexis/files/Alexis%20Marketing%20Presentation_may2012_v001_v2q176.pdf
Website http://www.alexisminerals.com
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=76160533
God Bless
Ps.
Almost all the fundamentals, technical indicators, and trader
sentiment suggest that the gold market appears to be getting
ready for a "mighty move" higher.
Gold could ultimately have to be the tool used to reset debt-
laden currencies, and that means a
substantially higher gold price in the future.
The fundamental case for gold is stronger today than it was at
the beginning of the crisis in 2008, because debts are higher
and the economy is weaker.
Technically, the gold market is sitting on solid support -
Sentiment analysis is also very bullish -
GLD - new buy signal this week -
GDX - on buy signal -
XGD.TO - on buy signal -
GOLD DEVELOPMENT: Alexis arranges Snow Lake US$45-million
2012-05-29 MANITOBA –
Alexis Snow Lake Gold Mine -
Since Alexis became owner of the Snow Lake project in 2009 with
its acquisition of Garson Gold,
Alexis has increased the mineral resources and
completed a feasibility study (November 2010).
The measured and indicated resource now stands at
728,000 tonnes and the inferred resource at 336,700 tonnes.
There are an estimated 1.1 million oz of contained
gold in the resources.
The latest corporate presentation at
http://www.AlexisMinerals.com
provides details about
The Snow Lake Gold Mine project -
ALEXIS Presentation -
http://www.alexisminerals.com/Theme/Alexis/files/Alexis%20Marketing%20Presentation_may2012_v001_v2q176.pdf
Website http://www.alexisminerals.com
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=76160533
God Bless
GOLD DEVELOPMENT: Alexis arranges Snow Lake US$45-million loan -
2012-05-29 MANITOBA –
Alexis Snow Lake Gold Mine -
Alexis Minerals
of Toronto has received formal credit approval from
Credit Suisse for a US$45-million, 4.5-year term loan to hasten
development of the Snow Lake (formerly New Britannia)
Gold Mine 80 km east of Flin Flon.
GOLD DEVELOPMENT: Alexis arranges Snow Lake loan
Since Alexis became owner of the Snow Lake project in 2009 with
its acquisition of Garson Gold,
Alexis has increased the mineral resources and
completed a feasibility study (November 2010).
The measured and indicated resource now stands at
728,000 tonnes and the inferred resource at 336,700 tonnes.
There are an estimated 1.1 million oz of contained
gold in the resources.
Alexis has called a special meeting of shareholders for
June 13 to approve a proposed 20:1 share consolidation and
to approve a name change to
QNX Gold Corporation.
The latest corporate presentation at
http://www.AlexisMinerals.com
provides details about
The Snow Lake Gold Mine project -
ALEXIS Presentation -
http://www.alexisminerals.com/Theme/Alexis/files/Alexis%20Marketing%20Presentation_may2012_v001_v2q176.pdf
Website http://www.alexisminerals.com
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=76098423
Alexis Minerals Corporation - Francois Perron -
http://www.gowebcasting.com/events/precious-metals-summit-conferences-llc/2012/04/12/alexis-minerals-corporation/play/stream/4258
Central Bank Gold-Buying Increases by 500%
The World Gold Council recently released its own report for
the gold market for 2011.
It noted that while global demand for gold had hit a new all-time
high in (nominal) dollar terms , it was merely reaching its
highest level in 15 years in terms of tonnages.
Indeed, investment demand rose by a mere 5% year-over-year.
Do we have any reason to believe that the bankers’ paper currency
is inherently defective?
Yes. When these same bankers persuaded our governments to
abandon the gold standard in 1971, our paper currencies ceased
to be “money” its a currency.
They were no longer backed by any tangible asset, so they
instantly ceased to be units of value.
Gold, as “the peoples’ money” it is also protect ourselves
from the collapse of the paper currencies which even the
creators of this paper are trying to dump themselves.
Swap your bankster-paper for gold mines and/or silver today –
before this confetti (officially) acquires its actual zero value.
I don't hold these worthless paper currencies, rather than opt
for humanity’s 5,000-year old safe havens: Gold and Silver.
Specifically, with all our governments explicitly engaged in the
monetary policy known as “competitive devaluation”, only a
person without knowledge, would hold an asset where the
producers of that asset are trying to drive its value
to zero as rapidly as possible.
In the 1,000 years since China began humanity’s experiments with
these worthless, paper (“fiat”) currencies;
the paper has a perfect record: it always goes to zero.
Ex.
meanwhile, we are equally well-advanced along the road to another
regular, economic event in our collective history:
what I call a “bond-burning party” – where insolvent debtor
governments simply erase all of those bond debts, leaving
bond-holders with a big, fat nothing.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=76118595
GOLD to go higher and $$ to fall off the cliff -
Japanese media are reporting that this is the first time China has
let a major currency other than the US dollar trade directly
with the yuan.
China and Japan to start direct yen-yuan trade in June -
http://www.bbc.co.uk/news/business-18245909
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=76098423
Alexis Minerals Corporation - Francois Perron
http://www.gowebcasting.com/events/precious-metals-summit-conferences-llc/2012/04/12/alexis-minerals-corporation/play/stream/4258
GOLD DEVELOPMENT: Alexis arranges Snow Lake loan
2012-05-29
MANITOBA –
Alexis Minerals
of Toronto has received formal credit approval from
Credit Suisse for a US$45-million, 4.5-year term loan to hasten
development of the Snow Lake (formerly New Britannia)
gold mine 80 km east of Flin Flon.
Since Alexis became owner of the Snow Lake project in 2009 with
its acquisition of Garson Gold,
Alexis has increased the mineral resources and
completed a feasibility study (November 2010).
The measured and indicated resource now stands at
728,000 tonnes and the inferred resource at 336,700 tonnes.
There are an estimated 1.1 million oz of contained
gold in the resources.
Alexis has called a special meeting of shareholders for
June 13 to approve a proposed 20:1 share consolidation and
to approve a name change to
QNX Gold Corporation.
The latest corporate presentation at
http://www.AlexisMinerals.com
provides details about the Snow Lake project -
ALEXIS Presentation -
http://www.alexisminerals.com/Theme/Alexis/files/Alexis%20Marketing%20Presentation_may2012_v001_v2q176.pdf
Website http://www.alexisminerals.com
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=76098423
Snow Lake Mine closer to opening
Firm to borrow $45M toward project
SUPPLIED PHOTO Enlarge Image
Alexis Minerals' Snow Lake Mine has yet to begin extracting
gold. The firm plans to change its name to QMX Gold Corp.
ALEXIS Minerals has got much closer to its oft-delayed goal of
extracting gold out of the Snow Lake Mine, but it's not there yet.
The Toronto-based company announced Tuesday it has an agreement
to borrow $45 million toward the Snow Lake project, but it is
contingent on the company raising more equity.
"This is a significant achievement," said Franßois Perron,
Alexis's president and CEO. "We are very pleased that the team
in Snow Lake has been able to demonstrate this is a bankable
project. With this in hand, the company today is very different
than it was a week ago."
So different, in fact, the company is going to change its name.
Shareholders will vote next month on a 20-to-one stock
consolidation and the company is changing its name to
QMX Gold Corp.
The Q stands for Quebec where the company operates a mine in
Val d'Or, the M is for Manitoba and the X is for exploration,
which the company intends to keep doing.
Industry officials say the debt-financing announcement is good
news for the company, but it does not yet mean
the Snow Lake Mine is a go.
"Whilst it is a good announcement, they still have some
challenges ahead to get to Snow Lake," said Michael Fowler,
an analyst with Loewen Ondaatje McCutcheon Ltd.
When the company's feasibility study on the mine came out in
November 2010, the confirmed reserves only gave the mine a
five-year lifespan with about 80,000 ounces of production a year.
Officials say that short lifespan likely scared off potential
investors.
Perron said much work has been done to expand the declared
reserves of 450,000 ounces of gold.
"I would say it is in its infancy," Perron said.
"People have to understand the nature of underground mines.
You can't drill them efficiently from surface, necessarily.
We'll have detailed work going on to improve the plan once we
get underground."
Chris Beaumont-Smith, a senior official in the province's mineral
resources division, said Alexis's success at
Snow Lake is critical for the company.
"These are low-cost ounces," Beaumont-Smith said, referring to
the cost of production at Snow Lake compared to other
gold mines.
"That property has so much potential."
The Snow Lake Mine was supposed to be much further advanced by now.
Alexis's problems have had much more to do with its experience
in Quebec. Many in the industry say they believe it pulled the
trigger on its Lac Herbin mine in Val d'Or too early and it is
paying the price for that.
Perron said the company has finally got production costs at its
Quebec mine under control, but it still posted a net loss of
$11.6 million in the first quarter.
Earlier this month, it sold another of its Quebec properties
for $5 million to further bolster its capital position to
be able to get Snow Lake up and running.
As if to answer the industry skepticism, Perron said,
"We want to make sure when we start (Snow Lake) we can reach
the finish line properly.
When you hit the go button, everything has to be lined up and
planned."
Fowler, for one, is taking a wait-and-see position.
"This company has had a troubled existence," he said.
"They put a mine into production (in Quebec) and that did not
go so well.
The property in Snow Lake is good.
It is just that it is in a weak company at the moment."
Perron is determined to show the company is up to the challenge.
Now that it has an agreement from Credit Suisse for a
$45-million, 4 1/2-year term loan, it has to go to the equity
markets to raise additional funds.
"If you can show you have a bankable project, it dismisses a
lot of questions," Perron said.
He would not say how much he needs to raise.
Fowler said he believes it is likely between
$10 million and $30 million.
martin.cash@freepress.mb.ca
Republished from the Winnipeg Free Press print edition May 30, 2012 B4
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=76098423
http://www.winnipegfreepress.com/business/snow-lake-mine-closer-to-opening-155610465.html
AXSMF Market Cap: $23,881,043 is very undervalue, oversold
and bashed down GOLD Miner @ bargain bottom fishing price -
market cap $24 million would not even cover the cost of 1/3 of
one of their mine shafts -
we talkinjg about AXSMF who has 3 world class GOLD Mines -
and Snow Lake Gold Mine would cost more than a billion fiat$$
in redevelopment @ current $$ values -
Credit Suisse for a US $45 million, 4 1/2-year term loan to
further the development of the Snow Lake Mine -
at low 5% interest -
http://tmx.quotemedia.com/article.php?newsid=51625833&qm_symbol=AMC
The project team at Snow Lake has continued to advance the
GOLD Mine project and our ability to attract a financing partner
such as Credit Suisse demonstrates the robustness of the
project.
We will soon be ready to move forward on our project at
Snow Lake Gold Mine,
which is expected to transform the company.
As part of this transformation, I am pleased to announce that we
are proposing a share consolidation to establish a capital
structure appropriate for a Company that should reach a combined
100,000 ounces of annual Gold production once
the Snow Lake Gold Mine reaches commercial production.
Finally, I am pleased to announce that we will be changing the
name of the company to
QMX Gold Corporation -
to reflect the evolution of the company
as it moves forward with its existing mine in
"Q"uebec,
The ALEXIS AMC Aurbel Gold Mill
ALEXIS Presentation -
http://www.alexisminerals.com/Theme/Alexis/files/Alexis%20Marketing%20Presentation_may2012_v001_v2q176.pdf
Website http://www.alexisminerals.com
its project in
"M"anitoba as well as the continued
e"X"ploration of these properties."
http://tmx.quotemedia.com/article.php?newsid=51625833&qm_symbol=AMC
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=76066438
Ps.
AMC is bashed down by banksters rothschild/hitler cult pawn trolls -
http://doreenellenbelldotan.info/AdolfRothschildHitler.htm
Snow Lake Gold Mine Town - Short Documentary -
Snow Lake video -
http://vimeo.com/1961825
Sixty years ago a small town grew up around the Gold Mine among
the evergreens of northern Manitoba:
Snow Lake, Jewel of the North -
Today the town fights for its life -
Having survived the ups and downs of the mining cycle over
several decades, how did the community band together when
the prominent New Britannia mine did shut down . . . .
the GOLD Goes Higher & will FLY HIGH . . . . .
The AMC Snow Lake Gold Mines Au Gold Gates Open - 
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=76052325
About Alexis Minerals
Alexis Minerals Corporation is a Canadian publicly traded mining
company concentrating on exploration and mine development.
The Company is listed on the Toronto Stock Exchange ("TSX")
under the symbol "AMC", and trades in the United States on
the Over the Counter QX International ("OTCQX") platform under
the symbol "AXSMF".
Alexis Minerals is a dynamic and aggressive mining company
operating in Canada's richest mining regions:
Val-d'Or & Rouyn-Noranda, Quebec, and Snow Lake, Manitoba.
Alexis continues production and exploration in the mineral rich
Val-d'Or area with property covering over 1,000 km2.
The Company also continues work on its newest property at the
Snow Lake Mining Camp. Alexis is now in its third full year as
a junior gold-producing company and gold production is a
priority as the company targets mid-tier gold production
levels.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75980824
http://tmx.quotemedia.com/article.php?newsid=51625833&qm_symbol=AMC
The ALEXIS AMC Aurbel Gold Mill
Website http://www.alexisminerals.com
God Bless
Alexis Obtains Approval for $45 Million Debt Financing for Snow Lake and Announces Proposed Restructuring With Share Consolidation and Name Change
TORONTO, ONTARIO--(Marketwire - May 29, 2012) -
ALEXIS MINERALS CORPORATION
(TSX:AMC)(OTCQX:AXSMF) ("Alexis" or the "Company") is pleased to
announce that it has received formal credit approval from
Credit Suisse for a US $45 million, 4 1/2-year term loan to
further the development of the Snow Lake Mine.
The terms of the agreement include a US $45 million term loan
bearing interest of LIBOR + 5% and a hedging program to be
agreed to between the parties.
The loan will be subject to covenants standard to this type of arrangement and other conditions precedent, including an equity contribution prior to draw down on the loan, the details of which will be released upon finalization of definitive agreements in respect of the debt financing. The use of proceeds of the combined debt and equity financing will include the restart of the Snow Lake mine, repayment of the current bridge loan and for general corporate expenses.
The Snow Lake mine was most recently operated as the New Britannia Mine until it was closed in 2005.
Alexis took ownership of the New Britannia Mine when it
acquired Garson Gold in 2009 (see release dated October 20,
2009).
Since the acquisition, Alexis has increased the resource, and
completed a feasibility study (see release dated November 3rd,
2010) and consolidated the land position around the mine.
Initial capital expenditure for the restart of the
Snow Lake mine is estimated at approximately $45 million.
Alexis expects that once the pre-production stage is complete,
the mine should produce 80,000 per year*.
Exploration is also planned to continue on the 88 square kilometre property.
Alexis is being advised on the financing by
Auramet Trading, LLC ("Auramet") of Fort Lee, New Jersey, USA.
Auramet is a full service merchant, trader, financier and
advisor in the mining sector.
In conjunction with the financing announcement, the Company is
also proposing a 20:1 share consolidation (the "Consolidation")
at its upcoming annual and special meeting of shareholders to
be held on June 13, 2012 (the "Meeting")
Pursuant to the Consolidation, one post consolidated common
share of the Company will be issued for every 20 pre-
consolidated common shares of the Company. There are currently
597,026,077 common shares of Alexis issued and outstanding.
Upon completion of the Consolidation there would be
approximately 29,851,304 common shares of the Company issued
and outstanding. The change in the number of issued and outstanding common shares that would result from the Consolidation would not materially affect any shareholder's percentage ownership in Alexis although such ownership would be represented by a smaller number of common shares. The proposed Consolidation is subject to the approval, by special resolution, of the shareholders of Alexis and the approval of the TSX.
At the Meeting, Alexis will also propose a name change to "QMX Gold Corporation" (the "Name Change") to reflect the transition to larger scale production. The proposed name change is subject to the approval, by special resolution, of the shareholders of Alexis, and the approval of the TSX.
Commenting on the financing and proposed changes for
Alexis, Francois Perron adds:
"This is the moment that shareholders have been waiting for.
I am extremely happy that we were able to come to an agreement
with Credit Suisse on a financing arrangement that management
and the board feel benefits the Company and our shareholders.
The project team at Snow Lake has continued to advance the
project and our ability to attract a financing partner such as
Credit Suisse demonstrates the robustness of the project.
We will soon be ready to move forward on our project at
Snow Lake, which is expected to transform the company.
As part of this transformation, I am pleased to announce that
we are proposing a share consolidation to establish a capital
structure appropriate for a Company that should reach a
combined 100,000 ounces of annual production once the
Snow Lake reaches commercial production.
Finally, I am pleased to announce that we will be changing the
name of the company to QMX Gold Corporation to reflect the
evolution of the company as it moves forward with its existing
mine in "Q"uebec, its project in "M"anitoba as well as the
continued e"X"ploration of these properties."
*Snow Lake Mine Re-activation Project
Technical Report NI 43-101, December 10. 2010
prepared by Mr. Andre Roy Eng.
Qualified Person
Technical programs and information included in this release have been supervised, compiled, reviewed and approved by David Rigg, P.Geo., the Co-Chairman of the Company and a Qualified Person as defined under NI 43-101.
About Alexis Minerals
Alexis Minerals Corporation is a Canadian publicly traded mining
company concentrating on exploration and mine development.
The Company is listed on the Toronto Stock Exchange ("TSX")
under the symbol "AMC", and trades in the United States on
the Over the Counter QX International ("OTCQX") platform under
the symbol "AXSMF".
Alexis Minerals is a dynamic and aggressive mining company
operating in Canada's richest mining regions:
Val-d'Or & Rouyn-Noranda, Quebec, and Snow Lake, Manitoba.
Alexis continues production and exploration in the mineral rich
Val-d'Or area with property covering over 1,000 km2.
The Company also continues work on its newest property at the
Snow Lake Mining Camp. Alexis is now in its third full year as
a junior gold-producing company and gold production is a
priority as the company targets mid-tier gold production
levels.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75980824
http://tmx.quotemedia.com/article.php?newsid=51625833&qm_symbol=AMC
The Aurbel Gold Mill
Website http://www.alexisminerals.com
AXSMF - TSE:AMC Market Cap: $23,881,043 can't make 1/4 of one shaft
working for that low market cap -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75980824
http://tmx.quotemedia.com/quote.php?qm_symbol=AXSMF:US
http://tmx.quotemedia.com/quote.php?qm_symbol=AMC
ex. to redevelop the mines from grassroot would be
more than a billion dollars in cost about
50 x current market cap -
what a bottom fishing GOLD bargain
The Aurbel Gold Mill
Alexis bought the Aurbel mill, located 1,8 km east of
the Lac Herbin mine, from Aur Resources in 2006.
It was on care and maintenance until refurbishing -
Website http://www.alexisminerals.com
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75980621
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75966482
Alexis Minerals Achieves First Quarter 2012 Operating Costs of $1,538 per Ounce on the Sale of 5,043 Ounces of Gold
05.11.2012
TORONTO, ONTARIO -- (MARKET WIRE) -- 05/11/12 --
ALEXIS MINERALS CORPORATION
(TSX:AMC)(OTCQX:ASXMF) ("Alexis" or the "Company") is pleased to
announce its first quarter financial and operational results
for the period ending March 31, 2012. All figures are reported
in Canadian dollars, unless noted otherwise.
Financial Summary:
-- The Lac Herbin mine in Val d'Or recovered 5,529 ounces of gold.
-- The Aurbel Gold Mill realized an average recovery rate of 86.7%.
-- Alexis reported revenue on mining operations of $8.14 million for the
quarter on the sale of 5,043 ounces of gold at an average realized price
of $1,689 per ounce.
-- Cash cost of sales per ounce of gold production from Lac Herbin was
$1,538 per ounce (see non-GAAP measures)
-- The Company reported a net loss of $11.6 million or $0.02 per share for
the quarter which includes an $8.5 million impairment charge on the
Rouyn-Noranda Property.
First Quarter Results From Operations
Alexis sold 5,043 ounces of gold to generate $8.14 million in revenue from mining operations during the first quarter with an average gold sale price of $1,689 (USD $1,692) per ounce. Mine operating expenses were $7.76 million and amortization and depletion amounted to approximately $1.60 million. The cost of sales per ounce sold during the current quarter, excluding amortization and depletion, was $1,538 per ounce (see non-GAAP Measures), which represents a $1,000 per ounce decrease compared to cash cost figures of $2,555 in the first quarter of 2011. This significant decrease can be attributed to the turnaround plan at the Lac Herbin mine implemented in the third quarter of 2011.
Alexis recorded a net loss for the quarter of $11.6 million or $0.02 per share. The loss includes an impairment charge of $8.5 million assessed on the properties held at Rouyn-Noranda and General & Administrative charges of $1.6 million.
Commenting on the results, Francois Perron, President and CEO stated: "I am extremely pleased with the results in the first quarter. They show that Lac Herbin is capable of becoming profitable while also maintaining a high safety standard within the operation. These results also suggest that we are in a position to meet our goal of producing 18,000 to 20,000 ounces in 2012 at an average cash cost of $1,300 to 1,500. Thank you to the team at Lac Herbin for their hard work and commitment in working towards our turnaround plan goals. As the Lac Herbin Mine continues to move forward, we continue to advance the financing process that will move us closer to adding Snow Lake to our production profile."
Exploration and Operational Outlook
Alexis will continue to implement the improvements budgeted in the turnaround plan at Lac Herbin. Further work is also being carried out at the Aurbel Mill to improve recovery and target recoveries of 90% over the coming quarters. Exploration efforts for the first half of the year at Lac Herbin are focused on infill drilling at the FL, Apex and Bonanza Zones with the goal of expanding these zones of mineralization, all of which are located near the mine infrastructure.
Exploration at Snow Lake continues to analyze results from the remainder of results from the extensive 2011 drill program. Once results have been concluded on the No. 3 Zone Deep, Birch Deep, and Birch West programs they will be released.
Complete interim financial statements and related Management's Discussion and Analysis documents will be available under the Company's profile on www.sedar.com and at the Company's website www.alexisminerals.com.
Non-GAAP Measures
The Company has included certain non-GAAP performance measures, namely, cash costs per gold ounce sold throughout this document. In the gold mining industry, these are common performance measures but do not have any standardized meaning, and are non-GAAP measures. In addition to conventional measures prepared in accordance with GAAP, the Company and certain investors use this information to evaluate the Company's performance and ability to generate cash, profits and meet financial commitments. These non-GAAP measures are intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP. The following tables provide a reconciliation of cash costs per gold ounce sold for the three months ended March 31, 2012 and 2011.
Cash cost per ounces sold
----------------------------------------------------------------------------
March 31, March 31,
Period ending 2012 2011
----------------------------------------------------------------------------
Revenue
----------------------------------------------------------------------------
From commercial production ounces (CAD 000's) $ 8,138 $ 2,344
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Ounces sold 5,043 1,826
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Mine operating expenses (CAD 000's) $ 7,756 $ 4,665
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Cash cost per ounce sold (CAD) $ 1,538 $ 2,555
----------------------------------------------------------------------------
(mining operating expenses divided by ounces sold)
----------------------------------------------------------------------------
Qualified Person
Technical programs and information included in this release have been supervised, compiled, reviewed and approved by David Rigg, P.Geo., the Chairman of the Company and a Qualified Person as defined under NI 43-101.
About Alexis
Alexis Minerals Corporation is a Canadian publicly traded mining company concentrating on exploration and mine development. The Company is listed on the Toronto Stock Exchange ("TSX") under the symbol "AMC", and trades in the United States on the Over the Counter QX International ("OTCQX") platform under the symbol "AXSMF". The Company's focus is to grow through exploration, development and acquisition of mineral properties and directly and indirectly, through joint ventures. Alexis is now in its second full year as a junior gold-producing company. The Company holds a dominant property position (over 1,104 km2) in three of Canada's richest mining camps: Val-d'Or and Rouyn-Noranda, in the Abitibi District of Quebec, Canada, historically the third richest gold producing region in the world; and Snow Lake, Manitoba, Canada. Alexis undertakes exploration across these properties searching for new world class discoveries, while maintaining a focus on growing Alexis to become a mid-tier gold producer.
For more information, please visit the company's website at www.alexisminerals.com or follow us on Facebook (search for Alexis Minerals Corporation) or Twitter @Alexis_Minerals.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
Except for statements of historical fact, certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the outcome of these financial results on the future of the Company; the future financial performance of the Company; development potential of the Company's properties; the future price of gold and other minerals; the estimation of mineral reserves and mineral resources; the successful implementation of the development plans at each of the Company's properties; the realization of mineral reserve estimates; the timing and amount of estimated future production; future costs of production; future capital expenditures; success of exploration activities; mining or processing issues; currency exchange rates; government regulation of mining operations; and environmental risks. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Estimates regarding the anticipated timing, amount and cost of mining at the Lac Herbin and Snow Lake Projects are based on assumptions underlying mineral reserve and mineral resource estimates, the results of feasibility studies on the properties and the realization of such estimates are set out herein.
Capital and operating cost estimates are based on extensive research of the Company, costs incurred at the projects to date, purchase orders placed by the Company to date, recent estimates of construction and mining costs and other factors that are set out herein. Production estimates are based on mine plans and production schedules, which have been developed by the Company's personnel and independent consultants. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements, including but not limited to risks outlined in the annual information form of the Company. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
Contacts:
Alexis Minerals Corporation
Francois Perron
President and CEO
(416) 309-2952
Alexis Minerals Corporation
Louis Baribeau
Public Relations
(514) 667-2304
Alexis Minerals Corporation
Rob Hopkins
Investor Relations
(416) 861-5899
Alexis Minerals Corporation
Toll free: 877-717-3027
info@alexisminerals.com
www.alexisminerals.com
Source: Alexis Minerals Corporation
http://forbesmanhattan.com/English/FM-News/Portfolio-News/Portfolio-News-Details/2012/Alexis-Minerals-Achieves-First-Quarter-2012-Operating-Costs-of-1538-per-Ounce-on-the-Sale-of-5043-Ounces-of-Gold1129441/default.aspx
http://www.metalsnews.com/Metals+News/MetalsNews/Dr.Allen+Alper+and+Alison+J.+Conte/FEATURED212/Alexis+Minerals+Find+Gold+Mines+in+Quebec.htm
Alexis Minerals Corp. (AXSMF)
ACM:TSE hard to find a bottom but it started to move UP -
it will be normal fib. corrections but the train has turned
and moving in my direction
ACM GOLD production is Higher and GOLD GOING HIGHER
keep the fingers crossed -
God Bless
|
Followers
|
12
|
Posters
|
|
|
Posts (Today)
|
0
|
Posts (Total)
|
474
|
|
Created
|
04/23/10
|
Type
|
Free
|
| Moderators | |||
