ALX Resources

A Premier Uranium Explorer in Canada’s Athabasca Basin

Overview

ALX Resources Corp. (TSXV:AL, FWB:6LLN, OTC:ALXEF) has built a strong portfolio of prospective uranium properties totaling over 200,000 hectares in one of the world’s richest uranium districts, Saskatchewan’s Athabasca Basin. The company is actively exploring its projects with a focus on integrating modern exploration techniques with historical data to identify high-priority drill targets. In recent months, ALX Resources has diversified its commodity focus through the acquisition of nickelcoppercobalt exploration properties in northern Saskatchewan, a group of copper-zinc prospects in Norway and a gold project in the Red Lake mining district in Ontario, Canada.

The Hook-Carter project is the cornerstone of ALX Resources’ portfolio and is on trend with some of the most notable uranium discoveries in the region, including the Triple R deposit at Patterson Lake South (PLS). In 2016, the company sold an 80 percent interest in the property to Denison Mines Corp. (TSX:DML) for 7.5 million common shares of Denison, and Denison has agreed to fund the first $12 million in exploration expenditures.

ALX Resources’ Company Highlights

  • One of the strongest portfolios of uranium properties in the Athabasca Basin; drill‐ready projects and targets on trend with existing discoveries.
  • Led by a professional administrative team with extensive technical and field experience in mineral exploration.
  • Properties selected in mining districts with well‐established infrastructure and low geopolitical risk.