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     489  0 Kommentare Alix Encounters Promising Gold and Copper Values at Sheslay South Fork - Seite 2

    About the South Fork Property

    The Halt geochemical anomaly, located within the eastern area of the South Fork property, is interpreted to be underlain by basalt flows, ryholitic flows, tuffs and breccias, which have been silicified and clay altered. The previous (1982) work indicated anomalous soil samples that returned a high of 75 part per billion (ppb) for gold and 160 parts per million (ppm) for copper (Geological and Geochemical Report on the Halt Property, 1982, Minfile #10423, 27p.), from samples taken in an east-west direction along the Tahltan River, and north-south along a small tributary. Based on 17 soil samples, the previous work indicated a gold anomaly threshold of 40 ppb and 100 ppm for copper. The Halt gold and copper soil geochemical anomaly is only 1.0-1.5 kilometers from the deactivated "Golden Bear" access road.

    The VI showing, located centrally within the claim block, is interpreted to underlain by Upper Triassic Stuhini Group feldspar porphyry, augite porphyry basalt flows, tuff and argillite that have been intruded by a Late Triassic and Early Jurassic diorite to granodiorite stock. A historic float sample from the east side of Canyon Creek consisted of feldspar-porphyritic volcanics with disseminated pyrite, pyrrhotite and chalcopyrite and a copper value of 2,290 ppm (BC Minfile #21209).

    Outcrop exposure is limited away from the banks of the Tahltan River. A peak gold value of 106 ppb gold was returned and 6 samples were +40 ppb Au, considered to be significantly anomalous for gold, with +100 ppm Cu. The east-west soil geochemistry line at 6437600N averaged 44 ppb Au over a width of 900 meters, and at 6438000N averaged 25 ppb Au over a width of 700 meters.

    About the North Cap Properties

    The geology of the North Cap West property consists of Upper Triassic Stuhini Group feldspar porphyry, augite porphyry basalt flows, tuff and argillite in the southern portion of the claim block, which is overlain by basalt flow and fragmental units of the Miocene to Recent Level Mountain formation in the north. Much of the southern boundary of North Cap West is contiguous to Garibaldi Resources Corp.'s Grizzly West porphyry target which is actively being explored.

    The North Cap East property is predominately underlain by Miocene to Pleistocene aged Level Mountain basalt. The southern boundary of the North Cap East property is contiguous to Prosper Gold Corp.'s Star Copper-Gold Porphyry Project and is approximately 2,000 meters from the Star North target.

    All properties are 100% owned by Alix, and comprise a portion of the Company's large Sheslay holdings in this rapidly emerging copper-gold porphyry district.

    The technical contents of this release were approved by Case Lewis, P.Geo., Director to Alix and a Qualified Person as defined by NI-43-101. The properties have not been the subject of a National Instrument 43-101 report, and Mr. Lewis has not verified the technical data disclosed in this release.

    Alix is a junior exploration company actively seeking mineral opportunities for the benefit of all of our stakeholders. For further information we invite you to visit our web site at www.AlixResources.com.

    ON BEHALF OF THE BOARD

    Michael England, President

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    Alix Resources Corp.
    Michael England
    1-604-683-3995 or Toll Free: 1-888-945-4770
    1-604-683-3988 (FAX)
    www.AlixResources.com
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    Alix Encounters Promising Gold and Copper Values at Sheslay South Fork - Seite 2 VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 6, 2014) - ALIX RESOURCES CORP. ("Alix" or the "Company") (TSX VENTURE:AIX)(FRANKFURT:37N) is pleased to announce results from a preliminary reconnaissance exploration program completed this summer in …