Alix Resources Acquires 22,635 Hectares Next to Bacanora Minerals's Sonora Lithium Project

- October 28th, 2015

Alix Resources (TSXV:AIX) has acquired two exploration concession applications in Mexico comprising 22,625 hectares. The property adjoins the Sonora lithium project, owned by Bacanora Minerals (TSXV:BCN,LSE:BCN) and Rare Earth Minerals (LSE:REM) Minerals.

Alix Resources (TSXV:AIX) has acquired two exploration concession applications in Mexico comprising 22,625 hectares. The property adjoins the Sonora lithium project, owned by Bacanora Minerals (TSXV:BCN,LSE:BCN) and Rare Earth Minerals (LSE:REM).
As quoted in the press release:

The concessions being acquired by Alix target extensions of lithium-bearing host horizons contiguous to the Sonora Lithium Project owned by Bacanora Minerals Ltd. (BCN) and Rare Earths Minerals PLC (REM) (a partnership known as BCN/REM). The 2010 greenfield lithium discovery at BCN/REM’s property is now being fast-tracked to production. The Sonora Lithium Project is comprised of a lithium resource hosted in hectorite and polylithionite clays within a volcano-sedimentary sequence.
Alix Resources is acquiring a 100% interest in the two concession applications, “Tule” and “Tecolote”, via a Mexican company based in Hermosillo, Sonora, Mexico. The Mexican company has submitted applications for the concessions with the Mexican Mining Authority.

Alix Resources president, Mike England, said:

Alix’s Mexican consultants have succeeded in acquiring the only readily available ground on the inferred lithium trends and contiguous to BCM-REM Sonora Project. Our concessions are extremely well situated and, being on the same trend as Bacanora’s growing deposit, have us eager to commence work in the coming weeks.

Click here for the full press release.

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