Alix Resources Corp. And Geo Minerals Ltd. Prepare to Drill Potash Targets on Manitoba-Saskatchewan Border
ALIX RESOURCES CORP. (“Alix” or the “Company”) (TSX VENTURE: AIX)(FRANKFURT: 37N) and GEO MINERALS LTD. (“Geo”) (TSX VENTURE: GM) announce today that a borehole license application has been submitted with regards to the companies’ recently acquired potash claims along the Manitoba-Saskatchewan border and adjoining Potash North Resource Corp. to the west, and Western Potash to the south, and BHP Billiton and Manitoba Potash a few kilometres to the south developing the Russell-Binscarth deposit.
A maximum 3 hole drill program for hole depths of a maximum 1,500 metres is proposed to be carried out on their freehold title in the area of the potash applications. The program is to test the stratigraphy in the freehold title area and will test past the target potash (sylvite) zone of 800 to 1000 metres. It is anticipated that the program will commence sometime in late July, subject to all regulatory approvals. With the freehold title in Manitoba, no other process is required to obtain a borehole license, other than the application for a borehole license. Once granted, drilling can commence within the time period put forward on the borehole license application.
Several options for drilling contractors are available to the company.
The technical contents of this release were approved by Geo Minerals’ director and qualified person as defined by National Instrument 43-101, Marvin Mitchell.
For further information we invite you to visit us at www.alixresources.com.
Alix is a junior mineral exploration company focused on acquiring and developing potential world-class properties in North America.
ON BEHALF OF THE BOARD
Michael England, President
The TSX Venture Exchange has not reviewed nor does it accept responsibility for the adequacy or accuracy of this press release.
Contacts: Alix Resources Corp. / Geo Minerals Ltd. Michael England President (604) 683-3995 or Toll Free: 1-888-945-4770 (604) 683-3988 (FAX) Website: www.alixresources.com / www.geominerals.ca
SOURCE: Alix Resources Corp. and Geo Minerals Ltd.