Alexandria Minerals Corp ALXDF

Metals & Mining Industrial Metals & Minerals

Alexandria Minerals Corp is a Canadian based gold exploration and development company. Its project consists of Orenada, Akasaba, Sleepy, Manitoba and Ontario properties together with the Other Quebec properties. It is mainly focused on exploring the cadillac break property which is located in Val-d'Or, Quebec. The cadillac break property consists of approximately 21 contiguous projects of over 460 claims, located in Bourlamaque, Louvincourt and Vaquelin Townships. The manitoba properties include

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Alexandria Minerals Corp

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Post by production05on Dec 01, 2016 7:20am

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NR - 70% of East Cadillac Break optioned to Probe Metals

It looks like the Sleepy deposit is part of this. Maybe they are trying to get Probe Metals to expand the Sleepy deposit, as part of the overall east exploration, while Alexandria focuses on the West.

Probe probably didn`t want an earn-in option deal for just Sleepy. They likely wanted more, hence the deal probably started with a Sleepy earn-in exploration deal discussion and then grew to the whole east property. Let`s hop the $7 million of earn-in spending goes a long way, and additional discoveries are made.

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