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Alexandria Minerals Up Resource Estimates at Akasaba Property

Investing News Network
Feb. 08, 2013 10:22AM PST
Base Metals Investing

Alexandria Minerals Corporation (TSXV:AZX) updated mineral resource estimates for its Akasaba property in Val d’Or, Quebec.

Alexandria Minerals Corporation (TSXV:AZX) updated mineral resource estimates for its Akasaba property in  Val d’Or, Quebec.

As quoted in the press release:

Inferred Resources total 620,612 ounces of gold and 61,255,885 kilograms (134,762,947 lbs.) of copper, equivalent to 342,108 ounces of gold, up 263% over the previous year’s estimate.

Alexandria’s President , Eric Owens, said:

We are very pleased with the substantial increase in resources at Akasaba. A major factor influencing the increase was the new discovery of the West Gold‐Copper Zone this past year, a result of our decision to step out significantly and test targets farther afield.

To view the whole press release, click here. 

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