Alix Resources (TSX-V:AIX, StockForum), a Vancouver-based mineral exploration firm engaged in the acquisition and exploration of North American exploration and evaluation assets, announced today that the company had acquired claims in the reportedly rich Sheslay Valley located in northwestern British Columbia.
According to the news release, the claims cover 1,710 hectares contiguous with claims held by Doubleview Capital and were purchased for three million shares from a non-arms length vendor.
Alix president, Mike England, commented, “We are very excited to have acquired these claims in a rapidly emerging copper-gold porphyry district with two discoveries in the last four months.”
He then concluded, "Alix is assessing additional possible acquisitions in the Sheslay Valley, an under-explored region that will be a major focus of exploration in British Columbia in 2014.”
Alix was in the news recently when the company temporarily dropped bitcoin exchange plans last November.
Shares climbed 20.00% on the news to $0.03 per share.
Currently there are 50.4m outstanding shares with a market cap of $1.5 million.