Lithium

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VANCOUVER, BC / ACCESSWIRE / September 20, 2016 / Alix Resources Corp (TSXV:AIX) is pleased to announce significant lithium values from its preliminary channel sampling of newly discovered spodumene-bearing granitic pegmatites dykes exposed in the southern part of our La Corne 2 property located adjacent and on strike with the Chinese-based Jilin Jien Nickel Industry Co. (“Jilin”) Quebec Lithium Mine property, in the Preissac -Lacorne Area, Abitibi, Quebec.

VANCOUVER, BC / ACCESSWIRE / September 20, 2016 / Alix Resources Corp (TSXV:AIX) is pleased to announce significant lithium values from its preliminary channel sampling of newly discovered spodumene-bearing granitic pegmatites dykes exposed in the southern part of our La Corne 2 property located adjacent and on strike with the Chinese-based Jilin Jien Nickel Industry Co. (“Jilin”) Quebec Lithium Mine property, in the Preissac -Lacorne Area, Abitibi, Quebec.

Significant lithium concentrations obtained from three sites are reproduced in the table below:

Sample no.SiteLi2O (wt. %)
274-A11.05
274-B11.33
20910.28
25720.66
260-320.86
26720.74
16430.51

RB Energy, the former owner of the Quebec Lithium mine, reported measured and indicated resources of 29.3 Mt grading 1.19% Li2O and 20.9 Mt of inferred resources grading 1.15% Li2O, respectively (source: NI43-101 Technical Report filed by Canada Lithium ,on SEDAR, June 8, 2011).

Mike England, President and CEO of Alix Resources Corp. commented: “With the receipt of strong lithium values in our newly discovered spodumene dyke showings, less than 1,700 meters from a former lithium producer, is very encouraging. The Company is fast-tracking a diamond drill program to test multiple spodumene showings, with permitting initiated and drill contractors being contacted.

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