Tuesday, September 20, 2016 10:36:59 AM
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ALIX ANNOUNCES SIGNIFICANT LITHIUM ASSAY VALUES ON THE LA CORNE 2 PROPERTY (WEST CANADA LITHIUM), QUEBEC
Alix Resources Corp. has provided significant lithium values from its preliminary channel sampling of newly discovered spodumene-bearing granitic pegmatites dikes exposed in the southern part of the company's La Corne 2 property located adjacent and on strike with the Chinese-based Jilin Jien Nickel Industry Co. Quebec lithium mine property, in the Preissac-Lacorne area, Abitibi, Que.
Significant lithium concentrations obtained from three sites are reproduced in the table below:
Sample no.SiteLi2O (wt. %) 274-A 1 1.05 274-B 1 1.33 209 1 0.28 257 2 0.66 260-3 2 0.86 267 2 0.74 164 3 0.51
RB Energy, the former owner of the Quebec Lithium mine, reported measured and indicated resources of 29.3 Mt grading 1.19% Li2O and 20.9 Mt of inferred resources grading 1.15% Li2O, respectively (source: NI43-101 Technical Report filed by Canada Lithium ,on SEDAR, June 8, 2011).
Mike England, President and CEO of Alix Resources Corp. commented: "With the receipt of strong lithium values in our newly discovered spodumene dyke showings, less than 1,700 meters from a former lithium producer, is very encouraging. The Company is fast-tracking a diamond drill program to test multiple spodumene showings, with permitting initiated and drill contractors being contacted.
Dr. Boily, the Company's Qualified Person summarized; "preliminary investigations show the two principal sites (1 and 2) are characterized by spodumene-rich, moderately to steeply dipping dykes or a principal anastomosed dyke. One area exposes a dyke or a series of dykes striking 310degree and extending for 230 m along strike, whereas the other area presents a dyke or dykes striking 127degree with a length of 130 m. The new pegmatites sites are situated along the northwestern extension of the Quebec Lithium Mine spodumene-rich dyke swarm. The spodumene-bearing dykes present a similar mineralogy to that of their Quebec Lithium counterparts: quartz, feldspar, spodumene, biotite-muscovite, with accessory pink-yellow garnet, colombo-tantalite and molybdenite."
The technical contents of this release were approved by Michel Boily, PhD, 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.
About Alix Resources
Alix Resources is a junior mining exploration company focused on seeking and acquiring lithium projects globally. Alix continues to evaluate suitable prospects that fit the mandate of the Company. The Company now has active lithium projects in Nevada, Mexico and Ontario"
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