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ALX Resources Corp V.AL.P


Primary Symbol: 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 Rakotomoon Aug 30, 2021 6:59pm
191 Views
Post# 33785850

Satellite cost?

Satellite cost?Back in 1993, my geology teacher did not accept my 'paper' saying that i had written a thesis (unfortunately for him i was in the first year). I remember that satellites back then could look way deeper into the ground or the ocean (useful for spotting fishes)... So...my question is: how much would it cost to have one 'flying' around. Maybe drones can be equipped with that technology nowadays? Seems like we keep expanding ... "Planning is now underway for follow up drilling in an effort to establish continuity along the main trend prior to testing a series of SW oriented targets. We are extremely encouraged with the results from this first diamond drill program, said VP of Exploration, Warren Robb. We encountered visible gold in 7 of the 9 holes drilled testing the Dakouli East Zone and have traced this gold bearing structure for over 500 meters in strike and to vertical depths of 130 meters. This diamond drilling will go a long way in helping us unravel the structural complexities in this gold trend and to formulate a suitable follow up program to trace this mineralization, continued Mr. Robb. The combination of higher grade intercepts dispersed among and together with lengthier, sub-one gram intervals indicate a very favorable trend developing here at Dakouli, said president and CEO, Alex Klenman. We are going to spend some time now to track the results of both the RC and diamond drill programs in an effort to best understand the structure and controls along this east-west trend, and to generate the next set of drill targets. Its a big property with a lot of ground to cover, were eager to keep building drill data and move towards a potential resource estimate, continued Mr. Klenman" .
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