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Bullboard - Stock Discussion Forum Alexandria Minerals Corp ALXDF

Alexandria Minerals Corp is a Canadian based gold exploration and development company. Its project consists of Orenada, Akasaba, Sleepy, Manitoba and Ontario properties together with the Other Quebec properties. It is mainly focused on exploring the cadillac break property which is located in Val-d'Or, Quebec. The cadillac break property consists of approximately 21 contiguous projects of over... see more

GREY:ALXDF - Post Discussion

Alexandria Minerals Corp > Excerpt from Sandstorm Q3-AZX
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Post by loonietunes on Nov 05, 2017 8:12am

Excerpt from Sandstorm Q3-AZX

Moving onto our - one of our junior partners, Alexandria Minerals and their Orenada Zone 4 project. This project is part of a large land package on the Cadillac Break in Val d'Or. And Alexandria has mostly completed a 45,000-meter drill program, and as the results flow in, we are impressed.

On Slide 14, you can see a long section of Zone 4. The green outline in the center of the section illustrates boundary of the previous resource from 2009. The outline in diode red illustrates how the new drilling has created mineralized halo above the previously used 0.5-gram cut-off grade.

You can see how successful their drilling has been over this project with both shorter high-grade intercepts like 8.6 grams over 17.5 meters, and lower grade larger intercepts like 1.65 grams over 95 meters. This section shows some of the more recent results, but more to come because assays from 70 drill holes are yet to come out on this project.

 

What I like so much about these types of results, this prolific late nature of low-grade mineralization points to the strength of the system that deposited the gold here. This can be very exciting to see how Alexandria continues to explore and reveal some of the hidden treasures on this project.

Comment by nelson11 on Nov 05, 2017 9:56am
LT Tks for Post.  Word is getting out there.
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