Alexis discovers Cu-rich massive sulphide zone

- October 17th, 2008

Alexis Minerals, junior explorer and gold producer reports its discovery of copper-rich sulphide zone in Val d’Or, Quebec. The mineralization is located on the wholly-owned Dunraine property (Figure 1), 1720 metres vertically below surface and 1.5 km west of the past producing Louvicourt Mine in Val d’Or, Quebec (Past Production: 15.65 Million tonnes (Mt) @ 3.42% … Continued

Alexis Minerals, junior explorer and gold producer reports its discovery of copper-rich sulphide zone in Val d’Or, Quebec.

The mineralization is located on the wholly-owned Dunraine property (Figure 1), 1720 metres vertically below surface and 1.5 km west of the past producing Louvicourt Mine in Val d’Or, Quebec (Past Production: 15.65 Million tonnes (Mt) @ 3.42% Copper (Cu), 1.59% Zinc (Zn), 25.8 gpt silver (gpt Ag) and 0.92 gpt gold (Au)).

David Rigg, President and CEO, Alexis Minerals stated:

“The hole confirms the presence of a new area of metal rich, volcanogenic massive sulphides on the Dunraine Property at the same stratigraphic location within the Louvicourt Mine Sequence as the Louvicourt Mine.” “The immediate potential of the zone is the large off-hole conductor, estimated to be 200 m x 300 m in size, but we also consider that there are many indications suggesting we are onto something with much larger potential. Commendations go out to our Alexis exploration team and our long serving deep drilling crews from Forages M. Rouillier inc. for their hard work and dedication during several deep programs through this area.”

For full details of this press release, click this link. To view Alexis Minerals company profile, click here. Follow developments in resource mining and exploration for free. Sign on to the Resource Investing Newsletter.

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