Alix Commences Work Program on Electra Project Adjoining Bacanora’s “Sonora Lithium Project” Located in Sonora, Mexico
October 12, 2016 (Source) — ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) (37N–FRANKFURT) announces work has commenced on its 100% owned Electra Lithium Project which covers 22,625 hectares adjoining Bacanora Minerals Ltd. (BCN-TSX:V) and Rare Earths Minerals PLC (REM)’s Sonora Lithium Project located in Sonora, Mexico.
The first phase of exploration will consist of preliminary reconnaissance including geological mapping, prospecting, and sampling, primarily in the south area of the Tule Concession. Exploration will focus on high priority targets in three distinct zones which have been defined by Alix geologists.
The Tule Concession, comprised of 18,125 hectares (approximately 15 kilometers east-west by 12 kilometers north-south), covers the extension of three lithium-bearing horizons as outlined in recent BCN/REM presentations. The mineralized trend on the BCN/REM property has been interpreted to extend approximately 15 kilometers SSE from the La Ventana Lithium Deposit to the location of another lithium prospect, and at least an additional 12 kilometers from this point, towards the Alix Tule Concession.
President Mike England states, “The Company is pleased to now have boots on the ground on our Mexican concession and to commence exploration on the property. Our team is well experienced in the area and we look forward to announcing further news as they progress with the exploration program.”
The technical contents of this release were approved by Mr. Case Lewis, 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.
ON BEHALF OF THE BOARD
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Michael England, President, CEO, Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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