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.

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ALX Resources Corp > 9000 meters of drilling on the way in 3 locations

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Comment by Johnvwon Apr 19, 2022 4:44pm

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Post# 34614502

RE:9000 meters of drilling on the way in 3 locations

yep, 13 mil or something, gibbons has the same geological structure as patterson lake...

Drill hole GC15-03 intersected 0.13% U3O8 over 0.23 metres, within a 1.1 metre interval of 333.8 ppm Uranium immediately below the sub-Athabasca unconformity.
Drill hole GC15-06 encountered strongly altered basement lithologies including strongly hematized quartz-carbonate-chlorite alteration and brecciation. Anomalous geochemical pathfinders (U, B, Ni, Co, Cu) were also present.
Drill hole GC15-12 intersected anomalous uranium (297 ppm), nickel (793 ppm), copper (230 ppm) and boron (800 ppm).
Spectroscopic analysis of core samples from ALX’s 2015 drilling detected clay alteration products such as illite and sudoite (a unique form of chlorite associated with uranium mineralization) in the sandstone at or near the unconformity, which suggests that hydrothermal alteration has occurred in the vicinity of the drill hole.