ALIX DISCOVERS LITHIUM MINERALIZATION ON PROPERTY ADJACENT TO NORTH AMERICAN LITHIUM's PRODUCING MINE
Alix Resources Corp. has released the results from a 1,300-metre drill program recently completed on the Preissac-Lacorne lithium portfolio. Drilling was performed by Jourdan Resources Inc (JOR-TSXV) who hold an option to earn up to 75% of the project.
The centre of the drill program is 1.5km northwest of the adjacent Quebec Lithium Mine owned and operated by North American Lithium. The adjacent mine announced commercial production of spodumene concentrate on June 2, 2017 with production targeted for the Chinese market.
A total of 1300 m of drilling was completed in 11 drill holes on the Preissac-Lacorne Lithium Portfolio.
Spodumene bearing dykes have been visually identified in all holes other than WL17-02, WL17-03 and WL17-11.
Table 1: Drilling Results from 2017 Program
Hole From (m)To (m)Length (m)Li2O%
WL17-01 50.70 54.15 3.45 0.18
86.25 87.15 0.90 0.14
WL17-02 NSA
WL17-03 NSA
WL17-04 72.00 73.50 1.50 0.22
78.75 80.15 1.40 0.24
including78.75 79.75 1.00 0.28
160.00 162.602.60 0.19
including160.50 161.000.50 0.49
175.65 176.200.55 0.50
WL17-05 11.80 15.20 3.40 0.25
including11.80 12.35 0.55 0.50
WL17-06 12.80 15.00 2.20 0.43
including13.40 14.50 1.10 0.76
WL17-07 17.00 29.45 12.45 0.24
including19.00 21.45 2.45 0.59
including22.40 24.00 1.60 0.27
including27.20 28.35 1.15 0.22
WL17-08 30.00 33.10 3.10 0.25
48.65 48.95 0.30 0.78
173.75 174.650.90 0.74
WL17-09 49.80 51.65 1.85 0.40
56.20 56.40 0.20 0.33
96.65 97.05 0.40 0.35
WL17-10 14.00 14.70 0.70 0.48
WL17-11 NSA
WL17-12 11.80 12.30 0.50 0.64
All samples have been sent to SGS Canada Inc. facilities in Lakefield, Ontario ("SGS") for analysis by Inductively Coupled Plasma methods. These laboratories are recognized by the industry and accredited ISO/MEC 17025 by the Standards Council of Canada. In addition to the quality assurance and quality control ("QA/QC") employed by SGS, Jourdan Resources develops a rigorous QA/QC protocol for its operators, including the insertion of analytical standard samples, duplicates and coarse silica blanks on a systematic basis. To determine the QC warning, plus or minus2x Std. Dev., and QC failure plus or minus3x Std. Dev. were used. QC results did not highlight any significant analytical bias.
Yves Caron, M.Sc., P.Geo., and Qualified Person as defined by NI 43-101, has reviewed and approved the technical information in this press release.
