Alix Resources Samples Up To 2.82% Lithium Oxide At Jackpot

June 20, 2016

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Alix Resources Corp (TSXV:AIX) announces initial results from sampling program at its Jackpot Lithium property located in the Georgia Lake area within the Thunder Bay Mining Division, Ontario. Multiple samples ran greater than 2 wt.% Li20.

As quoted in the press release:

Approximately 90 kg of spodumene-bearing granitic pegmatite rocks were collected from the surface sent to Actlabs laboratory facilities of Vancouver, BC for assaying. Five of seven samples returned significant lithium values with samples returning in excess of 2% Li2O. Significant results include the following: 0.85%, 2.08%, 1.02%, 2.01% and 2.82% Li2O (lithium oxide).

Alix Resources President and CEO, Mike England, stated:

Given these samples were taken during the winter and visual observation were hampered by snow cover, we are very encouraged with these initial high-grade results and we are looking forward to exploring the potential of the property as we enter the summer exploration season. Finding high-grade spodumene bearing rocks, in conjunction with the encouraging historical diamond drilling results, will help Alix work towards confirming the historical lithium resource on the Jackpot property.

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Category: Energy