Alexis Expands Potential for Gold Discovery in Snow Lake With Acquisition of Additional Properties

Alexis Minerals Corporation (TSX:AMC) enters into an option to purchase agreement with Peter C. Dunlop to acquire the Herblet Lake area of Manitoba.

The press release is quoted as saying:

The Property is contiguous to the north of the Snow Lake, Manitoba Mine property (50 km²) that is currently wholly-owned by Alexis through its subsidiaries. Alexis’ property holdings now cover an area identified as a regional structural basin where up to four deformation periods have been identified. Based on the understanding of the structural controls in the Snow Lake Mine, the Company feels that the Property significantly expands the potential for Alexis to make new discoveries at depth and down plunge of the Main Mine, #3 Zone and a number of other known mineral occurrences ranged around the basin-like structure.

Click here to access the entire press release