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ALX Resources resumes Lithium Exploration in James Bay Region of Quebec

Sep 8, 2023

ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce the remobilization of its lithium exploration crew to the western area of the Hydra Lithium Project ("Hydra") located in the Eeyou Istchee-James Bay region of Quebec, Canada. Hydra is the subject of a 50%-50% joint venture between ALX and Forrestania Resources Limited (ASX: FRS) of West Perth, Australia ("Forrestania") formed to explore for lithium-cesium-tantalum ("LCT") bearing pegmatites, with ALX as operator.

ALX resumed surface exploration in the northeastern area of Hydra at the Python East and Python West sub-projects in the third week of August 2023. A total of 37 samples were collected from outcrop and boulders during the Python East and Python West work programs, all of which are currently in shipment. Following the conclusion of the prospecting program in the eastern Hydra area, ALX's geological team mobilized back to the western Hydra area and began surface exploration at the Cobra and Viper projects on September 5, 2023. Exploration in the western area of Hydra was halted on June 4, 2023 by order of the Government of Quebec due to the high forest fire risk, a restriction which has now been lifted due to increased rainfall in the region.

Exploration at the Cobra, Viper, Nike, Echo and Sprite sub-projects is planned to continue until the commencement of the annual moose hunting season by the Cree Nation of Wemindji, which occurs from September 15th to October 15th. In the meantime, ALX has expanded the size of its geological crew to cover as much ground as possible on its properties, and weather permitting, plans to return to Hydra to continue prospecting for LCT pegmatites after October 15, 2023.

About Hydra 

Hydra consists of eight sub-projects totaling 29,262 hectares (72,306 acres) known as Volta (4,751 ha.), Echo (5,566 ha.), Nike(2,462 ha.), Sprite (3,437 ha.), Cobra (4,249 ha.), Viper (1,280 ha.), Python East (3,218 ha.) and Python West (4,298 ha.), located within a fertile lithium exploration district that hosts the James Bay, Rose, Whabouchi and Corvette lithium deposits and numerous other lithium showings.

The Hydra sub-projects were originally selected for staking based upon the presence of historical lithium, cesium and tantalum lake sediment anomalies and by a review of public-domain geological mapping. A proprietary artificial intelligence process for pegmatite detection by KorrAI of Halifax, NS is ongoing to prioritize target definition for the 2023 prospecting program.

Image removed.
ALX-Forrestania claims in the James Bay Region, Sept. 2023 
To view an enhanced version of this graphic, please visit:

To view maps and more information on Hydra, visit our website at: https://alxresources.com/hydra-lithium/.

National Instrument 43-101 Disclosure

The technical information in this news release has been reviewed and approved by Robert Campbell, P.Geo., a consultant to ALX, who is a Qualified Person in accordance with the Canadian regulatory requirements set out in National Instrument 43-101. 

About ALX

ALX is based in Vancouver, BC, Canada and its common shares are listed on the TSX Venture Exchange under the symbol "AL", on the Frankfurt Stock Exchange under the symbol "6LLN" and in the United States OTC market under the symbol "ALXEF". 

ALX's mandate is to provide shareholders with multiple opportunities for discovery by exploring a portfolio of prospective mineral properties in Canada, which include lithium, uranium, nickel-copper-cobalt and gold projects. The Company uses the latest exploration technologies and holds interests in over 220,000 hectares of prospective lands in Saskatchewan, a stable jurisdiction that hosts the highest-grade uranium mines in the world, a producing gold mine, and production from base metals mines, both current and historical.

Tags: Quebec / Exploration / Gold / All Articles