Alexandria Minerals Corp ALXDF

RE:366 grams of gold per tonne over .65 Meter

[goldhunter11]

Dansul wrote:

Alert Sent 2017-12-15 03:44:51 PM ET

Delivery preference: Immediate delivery

TSXV-Listed Alexandria Minerals Says Orenda Drilling Taps Area Of Heavy Gold Mineralization 2017-12-15 03:44:28 PM ET (MT Newswires)

03:44 PM EST, 12/15/2017 (MT Newswires) -- Alexandria Minerals (AZX.V) rose 8% in heavy trading on Friday after the company said exploration drilling at its Orenada property in Quebec intersected massive gold-bearing areas, including one 0.65 meter section containing 366 grams of gold per tonne.  The company said results of a 10 shallow in-fill diamond drill cores from the property confirmed gold mineralization in its Zone 4 and expanded the resource area as it prepares a Resource Estimate for release early next year.  "As follow-up to the expected resource estimate early in the New Year, we are planning a wider-scale 2018 drill program which will build on the success of our summer drill program by expanding both the number of drill rigs as well as the target area, to cover more than 5 kilometers of targets," Eric Owens, the company's chief executive, said in a statement.  Alexandria shares were up $0.005 to $0.065 at last look on the TSX Venture Exchange. Volume was 6.9 million shares, more than 10 time the average. The shares have traded between $0.05 and $0.09 over the past 12 months.

K=Thousands, M=Millions, B=Billions, TTM=Trailing 12 Month, MRQ=Most Recent Quarter, FYR=Fiscal Year End, NM=Not Meaningful, NA=Not Available

GAAP = Generally Accepted Accounting Principles used in Financial Statements issued by the company, Non-GAAP = Adjusted Operating Earnings or Revenue used in comparison to Analyst Estimates.Adjustments are typically one-time gains or losses.

© 2017 The Toronto-Dominion Bank. All rights reserved.


GLTA,
Dan

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Dan,
This alert (from whom, TD Bank?) was quoting Eric Owens for the massive hit, including "including one 0.65 meter section containing 366 grams of gold per tonne". Do you have a link to confirm this, since AZX did not issue any NR on Friday 15 Dec 2017 on their website.

Does anyone have a confirmation?
GH