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ALX Resources Corp V.AL

Alternate Symbol(s):  ALXEF

ALX Resources Corp. is a diversified mineral exploration company engaged in exploring a portfolio of mineral properties in Canada, which include uranium, lithium, nickel-copper-cobalt and gold projects. Its uranium holdings in northern Saskatchewan include 100% interests in the Gibbons Creek Uranium Project, the Sabre Uranium Project, the Bradley Uranium Project, and the Javelin and McKenzie Lake Uranium Projects, a 40% interest in the Black Lake Uranium Project, and others. It also owns 100% interests in the Firebird Nickel Project, the Flying Vee Nickel/Gold and Sceptre Gold projects, Blackbird Project, and can earn up to an 80% interest in the Alligator Lake Gold Project, all located in northern Saskatchewan, Canada. It owns a 50% interest in eight lithium exploration properties, collectively known as the Hydra Lithium Project, located in the James Bay region of northern Quebec, Canada, a 100% interest in the Anchor Lithium Project in Nova Scotia, Canada, and others.


TSXV:AL - Post by User

Post by Goldy63on Apr 05, 2021 2:38pm
102 Views
Post# 32938189

Yup And Alligator Coming Now

Yup And Alligator Coming Now Ounces not Grams Per Ton . AL has so beauty properties . About the 2021 Drilling Program

The Phase 1 drilling program consisted of six diamond NQ-size drill holes totaling 617.6 metres (2,026 feet) focussed along an approximate 1,000-metre section of the Broken Hammer Shear Zone, where ALX had previously sampled a sulphide-bearing quartz vein in outcrop at the Broken Hammer Showing that returned 504.0 grams/tonne ("g/t") gold (16.13 oz/ton), and 46.2 g/t silver, by fire assay (see ALX news release dated March 15, 2021).

The 2021 drilling targeted a mineralized quartz vein system first discovered in 1995, and preliminary observations by ALX geologists during logging of the Company's first six holes confirm quartz veining with associated sulphides in every hole. Visible gold was encountered in hole AL21-05 in five locations between 6.6 metres and 62.2 metres, and in at least two locations in hole AL21-06 at 26.7 metres and at 27.15 metres. The overall grade of gold mineralization in the completed drill holes is currently unknown. Core logging and sampling is ongoing and is expected to be finished in the coming days. Samples will be shipped to SRC Geoanalytical Laboratories in Saskatoon, SK, and results will be released after their receipt, compilation and interpretation.

To view maps of Alligator click here

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