Kraken Energy

Alix Resources: Drilling at Quebec Lithium West Property Visually Identifies Spodumene-Bearing Dykes in Nine of Eleven Holes

Vancouver, British Columbia (FSCwire) - ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) (37N–FRANKFURT) is pleased announce a 1300 meter drill program has been completed on the Quebec Lithium West property. The centre of the drilled area is 1.5km northwest of the adjacent Quebec Lithium Mine owned and operated by North American Lithium which, on June 2, 2017, announced commercial production of spodumene concentrate with production targeted for the Chinese market.

A total of 1311 meters were completed in 11 drill holes with spodumene-bearing dykes visually identified in all holes with the exception of holes WL17-02 and WL17-05.

Table 1: Drillhole Target, Claims, Location, Azimuth, Dip, and Length

Hole NumberTargetClaim Number*Easting*NorthingElevationAzimuthDipLength
WL17-01S-W dyke2438613289464.435366594.24392.3235°-45°103 m
WL17-02S-W dyke2438612289543.085366519.53391.9235°-45°99 m
WL17-03S-W dyke2438612289608.15366465.14389.5235°-45°99 m
WL17-04N-E dyke2438612289709.215366582.36382.655°-45°204 m
WL17-05N-E dyke2438742289825.435366566.0338355°-45°74 m
WL17-06N-E dyke2438742289825.435366566.0338355°-55°42 m
WL17-07N-E dyke2438742289825.435366566.0338355°-65°60 m
WL17-08N-E dyke2438742289838.235366525.638655°-45°174 m
WL17-09N-E section2438742289856.675366477.5387.655°-45°147 m
WL17-10N-E section24387422899225366511.03354.355°-45°150 m
WL17-11N-E section2438742289978.165366547.2338355°-45°159 m
Total       1311m
*UTM NAD 83, Zone 18

Photo 1. Photo highlighting pegmatite dykes, often spodumene-bearing, in hole WL17-07 showing core from 2.6 m to 30.5 m downhole.
Alix Resources 6 8 2017

“The success of this drill program being right next door to the recently re-opened North America Lithium mine is very meaningful. Additionally, our current work program in Nevada, where we have identified some of the highest grade lithium in clays found in the state, plus the ongoing work in Mexico at Agua Fria beside Bacanora Minerals, marks an exciting time for Alix shareholders.” Stated Mike England, President of Alix Resources.

Core samples are currently at SGS Lakefield laboratory and being processed. Results are expected in less than four weeks.

The technical contents of this release were approved by Dr. Michel Boily, PhD, geo, a qualified person as defined by National Instrument 43-101. The properties have not been the subject of a National Instrument 43-101 report.

About Alix Resources

Alix Resources is a junior exploration project generator focused on acquiring advanced lithium properties in excellent mining jurisdictions. Alix continues to evaluate suitable prospects that fit the mandate of the Company.

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