Monday, May 15, 2017 9:31:21 AM
"ALIX REPORTS 3,762 PPM LITHIUM AT WHITE BASIN, NEVADA
Alix Resources Corp. has begun exploration at its 100-per-cent-held White Basin lithium property in Nevada. The White Basin property includes 25 unpatented mineral claims comprising 500 acres and is located roughly 75 kilometers northeast of Las Vegas. Sampling on the property has returned values as high as 3,762ppm Li from six composite samples of the Horse Spring Formation. The Horse Spring Formation is Oligocene-Miocene in age and includes clay-rich, altered volcanic units with historic reports of elevated lithium (Brenner-Tourtelot and Glanzman, 1978, Energy 3, 255-262). Sampling by the Company has confirmed elevated lithium with results provided in the table below.
Sample Number Lithium ppm
S#2:LV 3,762
S#1.LV 2,093
S#3-LV 1,549
LV#8 878
LVJH#1 838
LVJH#2 310
Alix President Michael England states, "We are very pleased that preliminary sampling of the White Basin property is demonstrating economic lithium potential. These results are some of the highest grades in Nevada. Based on these positive results our field crew continues to systematically sample the property, with additional results expected in the coming weeks."
The Company is also pleased to announce the appointment of Dr. Tom E. McCandless as Technical Advisor to Alix. Dr. McCandless has over 35 years of mineral exploration experience including eight years in lithium exploration. He is president of MCC Geoscience Inc. and also holds the position of Adjunct Professor in Geochemistry at the University of Arizona and University of Alberta.
The technical contents of this release were approved by Dr. Tom E. McCandless, P.Geo., Technical Advisor to Alix and a qualified person as defined by National Instrument 43-101. The property has not been the subject of a National Instrument 43-101 report and Dr. McCandless has not verified the technical data disclosed in this release.
About Alix Resources
Alix Resources is a project generator in the junior mining exploration business focused on seeking and acquiring world class lithium projects globally. Alix continues to evaluate suitable prospects that fit the mandate of the Company.
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