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Alix Resources Announces Initial-Phase Work Program in Sonora, Mexico

Teresa Matich
Nov. 04, 2015 12:23PM PST
Battery Metals Investing

Alix Resources (TSXV:AIX) will begin an initial-phase work program at its newly acquired Electra project in Sonora, Mexico. The program is set to commence in coming weeks.

Alix Resources (TSXV:AIX) will begin an initial-phase work program at its newly acquired Electra project in Sonora, Mexico. The program is set to commence in coming weeks.
As quoted in the press release:

The first phase of the work program will commence on the Tule Concession of Alix’s Electra Project in early November and will focus on two initial, high priority targets determined by Alix geologists.
The Tule Concession, comprised of 18,125 hectares (approximately 15 kilometers east-west by 12 kilometers north-south), covers the extension of three lithium-bearing horizons as outlined in recent BCN/REM presentations. The mineralized trend on the BCN/REM property has been interpreted to extend approximately 15 kilometres SSE from the La Ventana Lithium Deposit to the location of another lithium prospect, and at least an additional 12 kilometers from this point, towards the Alix Tule Concession.

Alix Resources President, Mike England, said:

The Alix geological team is very eager to commence exploration on the Tule Project. Having 18,000 hectares of prospective lithium ground bordering and on trend with Bacanora Minerals – the first company to strike a lithium supply deal with Tesla Motors Inc. – is a definite cause for enthusiasm for Alix shareholders.

Click here for the full press release.

tsxv:aix lithium deposit bacanora minerals tesla motors inc lithium supply tesla motors
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