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    DGAP-News  411  0 Kommentare Alix Provides New Data on the Agua Fria Lithium-Rich Clay Zone Within the Electra Project, Sonora, Mexico

    DGAP-News: Alix Resources Corp. / Key word(s): Miscellaneous
    Alix Provides New Data on the Agua Fria Lithium-Rich Clay Zone Within the
    Electra Project, Sonora, Mexico

    20.10.2016 / 14:00
    The issuer is solely responsible for the content of this announcement.

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    Vancouver, British Columbia--(Newsfile Corp. - October 20, 2016) - ALIX
    RESOURCES CORP. (TSXV: AIX) (FSE: 37N) ('Alix' or the 'Company') is pleased
    to provide a follow-up on the exploration work carried out on the new Agua
    Fria lithium-rich clay discovery that constitutes part of the Electra
    Project, Sonora, Mexico.

    The lithium-bearing sediments have now been traced along strike for
    approximately 4.5 km with maximum widths up to 800m.

    Results from 35 additional samples yielded values ranging from 235 to 1,190
    ppm Li and averaging 625 ppm Li, with three assay values over 1,000 ppm.
    The high lithium concentrations are associated with grey and white colored
    clay-rich sedimentary beds dipping shallowly to the east and capped with
    basaltic flows. This sequence is similar to that found on the nearby La
    Ventana property held by Bacanora and REM.

    The ongoing work at Agua Fria will help better understand the geological
    setting and outline the sites of high-grade lithium mineralization lying
    within this important assemblage of lithium-bearing sediments.

    Mike England, president of Alix, states: 'We are pleased to have found
    higher grades and increased the size of the new Agua Fria discovery and are
    very excited to keep advancing the property.'

    The technical contents of this release were approved by Michel Boily, PhD,
    P.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 mineral exploration company focused on seeking
    and acquiring world class lithium projects globally. Alix continues to
    evaluate suitable prospects that fit the mandate of the Company.

    ON BEHALF OF THE BOARD

    'Michael England'

    Michael England, President, Director

    FOR FURTHER INFORMATION, PLEASE CONTACT:
    Telephone: 1-604-683-3995
    Toll Free: 1-888-945-4770

    Neither the 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.


    Click on, or paste the following link into your web browser, to view
    the associated documents

    http://www.newsfilecorp.com/release/23120

    News Source: Newsfile


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    20.10.2016 Dissemination of a Corporate News, transmitted by DGAP - a
    service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.

    The DGAP Distribution Services include Regulatory Announcements,
    Financial/Corporate News and Press Releases.
    Archive at www.dgap.de

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    Language: English
    Company: Alix Resources Corp.


    Canada
    ISIN: CA01642R3009


    End of News DGAP News Service
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    513205 20.10.2016


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    DGAP-News Alix Provides New Data on the Agua Fria Lithium-Rich Clay Zone Within the Electra Project, Sonora, Mexico DGAP-News: Alix Resources Corp. / Key word(s): Miscellaneous Alix Provides New Data on the Agua Fria Lithium-Rich Clay Zone Within the Electra Project, Sonora, Mexico 20.10.2016 / 14:00 The issuer is solely responsible for the content of this …