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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 plimbo23on Sep 19, 2023 11:15pm
258 Views
Post# 35644611

RedCloud

RedCloud
``ALX Resources Corp. (TSXV:AL, Not Rated, David A. Talbot) provided an exploration update for its 50%-owned Hydra Li project in the James Bay region of Quebec, which is being advanced in a JV with Forrestania Resources Ltd. (ASX:FRS, Not Rated). A total of 37 samples were collected from the Python East and Python West targets after surface exploration was resumed in late August. The crew has now been mobilized to the western Hydra area at the Cobra and Viper projects, where exploration was halted in June due to forest fires. Exploration is expected to be halted for a month from mid-September to mid-October due to the annual moose hunting season by the Cree Nation of Wemindji. We believe Hydra is highly prospective for Li-bearing pegmatites as it is located in the vicinity of world-class deposits, and hosts several pegmatites which have historically returned Li-bearing samples. The company also plans to conduct follow-up surface work at its Anchor Li project to develop the drill targets, while continuing with further exploration at its Bradley Lake and Sabre uranium projects``



https://redcloudresearch.com/alx-resources-corp-tsxval-notable-news-25/
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