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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 09, 2021 11:21am
169 Views
Post# 32966552

Wonder Why Warren Is Pumper . Read This Again

Wonder Why Warren Is Pumper . Read This Again And assays are coming .
  • In October 2020, ALX carried out its first site visit to Alligator and collected fifteen rock samples from areas of historical bedrock showings. An outcrop sample taken by ALX at the Broken Hammer Zone showing returned 504.0 grams/tonne ("g/t") gold (16.13 oz/ton), and 46.2 g/t silver, by fire assay. A follow-up total metallic gold assay returned 547.0 g/t gold (17.50 oz/ton). Twelve of the fifteen outcrop samples collected by ALX were anomalous in gold (i.e., greater than 0.1 g/t gold), with four other high-grade samples returning between 2.71 g/t gold and 22.8 g/t gold.
  • A surface exploration permit was issued by the Government of Saskatchewan in January 2021 approving up to 5,000 metres of diamond drilling at Alligator, good to March 31, 2022.

"Alligator shows strong potential for hosting high-grade gold mineralization at shallow depths," said Warren Stanyer, CEO and Chairman of ALX. "ALX plans to drill the Broken Hammer Zone armed with a new geological understanding of the mineralized structures that were not tested by historical explorers

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