Alexandria Minerals Corporation Begins Trading on OTCQB Under Symbol ALXDF - Seite 2

• DDH OAX-17-084: 13.80 g/t gold over 6.50 meters, including 42.50 g/t gold over 1.50 meters
• DDH OAX-16-076: 8.88 g/t gold over 4.7 meters, including 14.72 g/t gold over 2.0 meters
• DDH OAX-16-074: 5.18 g/t gold over 3.5 meters, including 9.48 g/t gold over 1.3 meters
• DDH OAX-17-090: 6.76 g/t gold over 6.55 meters, including 8.91 g/t gold over 3.8 meters
• DDH OAX-17-090: 25.20 g/t gold over 1.20 meters
• DDH OAX-17-090: 17.30 meters over 1.00 meters
• DDH OAX-17-084: 16.30 g/t gold over 1.20 meters
• DDH OAX-17-084: 19.50 g/t gold over 1.50 meters

Alexandria is in the middle of a 12,500 meter drill program on its flagship property located in the heart of one of the most prolific gold mining districts in the world — Val d'Or Quebec. The Company's goal is to complete this drill program by the end of April, 2017.

All exploration results in this press release have been publicly released in prior press issuances. Phillippe Berthelot, P.Geo, is the Company's Qualified Person, and has reviewed these results.

Further information about the Company is available on the Company's website, www.azx.ca, or our social media sites listed below:

Facebook: https://www.facebook.com/AlexandriaMinerals

Twitter: https://twitter.com/azxmineralscorp

YouTube: http://www.youtube.com/AlexandriaMinerals

Flickr: http://www.flickr.com/alexandriaminerals/

About Alexandria Minerals Corporation

Alexandria Minerals Corporation is a Toronto-based junior gold exploration and development company with strategic properties located in the world-class mining districts of Val d'Or, Quebec, Red Lake, Ontario and Snow Lake-Flin Flon, Manitoba. Alexandria's focus is on its flagship property, the large Cadillac Break Property package in Val d'Or, which hosts important, near-surface, gold resources along the prolific, gold-producing Cadillac Break, all of which have significant growth potential.

WARNING: This News Release may contain forward-looking statements including but not limited to comments regarding the timing and content of up-coming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Alexandria Minerals Corporation relies upon litigation protection for forward-looking statements. 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.

Alexandria Minerals Corporation
Mary Vorvis
Vice President, Corporate Development
and Investor Relations
[phone]

Alexandria Minerals Corporation
Eric Owens
President/CEO
416-363-9372
[e-mail]
www.azx.ca