ALX Resources Corp. is pleased to announce it has purchased an additional eight claim units at its 100%-owned Vixen Gold Project located in the Red Lake Mining District of Ontario, Canada. Vixen consists of three sub-projects totaling 10,230 hectares staked within the Birch-Uchi greenstone belt and is located approximately 60 kilometres east of Red [...]
ALX Resources Corp. is pleased to announce that visible gold has been encountered in two recently-completed drill holes at the Alligator Lake Gold Project located approximately 165 kilometres northeast of La Ronge, SK, Canada. ALX's 2021 drilling successfully intersected the targeted Broken Hammer Shear Zone, which is known to be prospective for [...]
ALX Resources Corp. is pleased to announce that a diamond drilling program has been completed at the Alligator Lake Gold Project located approximately 165 kilometres northeast of La Ronge, SK, Canada. ALX's 2021 drilling successfully intersected the targeted Broken Hammer Shear Zone, which is known to be prospective for high-grade gold [...]
ALX Resources Corp. is pleased to announce that it has contracted an airborne electromagnetic survey for the Electra Nickel Project located in Shebandowan Greenstone Belt within the Thunder Bay South Mining District of Ontario, Canada. Electra is prospective for nickel, copper and cobalt , platinum group elements and gold mineralization. In March [...]
ALX Resources Corp. announced today that the Board of Directors has approved the allocation of 3,450,000 incentive stock options to directors, officers, employees, and advisors of the Company. The options are exercisable at $0.075 per share for a period of five years from issuance, and are subject to the following vesting provisions - one third of [...]
ALX Resources Corp. is pleased to announce that a diamond drilling program is underway at the Alligator Lake Gold Project located approximately 165 kilometres northeast of La Ronge, SK, Canada. The Project consists of five claims totaling 2,973.32 hectares and is prospective for high-grade gold mineralization. Mobilization of the drilling program [...]
ALX Resources Corp. is pleased to announce that it has filed a permit application for an exploration program, including drilling, at its 100%-owned Gibbons Creek Uranium Project . Gibbons Creek consists of seven mineral claims encompassing 13,864 hectares , located along the northern margin of the Athabasca Basin immediately west of the community [...]
ALX Resources Corp. is pleased to announce that it has executed a binding letter agreement for an option to earn up to an 80% interest in the Alligator Lake Gold Project located approximately 165 kilometres northeast of La Ronge, SK, Canada. The Project consists of five claims totaling 2,973.32 hectares and is prospective for high-grade gold [...]
ALX Resources Corp. is pleased to announce that it has entered into a financing facility for up to CDN$4.0 million with Alumina Partners Ltd. , an affiliate of New York-based private equity firm Alumina Partners LLC. The investment agreement provides ALX with a financing facility over a period of 24 months, during which the Company can draw down [...]
ALX Resources Corp. is pleased to announce that it has initiated an exploration review on its 100%-owned Cannon Copper Project located in Kamichisitit Township within the Sault Ste. Marie Mining District of Ontario, Canada. Cannon Copper hosts the historic Cannon Copper Mine and Mill , which saw limited copper processing in the late 1960s and early [...]
ALX Resources Corp. is pleased to announce that it has executed a definitive agreement for an option to purchase a 100% interest in the Electra Nickel Project located in Shebandowan Greenstone Belt within the Thunder Bay South Mining District of Ontario, Canada. Electra, formerly known as the Bateman Lake property, is prospective for nickel, copper [...]
ALX Resources Corp. announces that it has made an application to the TSX Venture Exchange to amend the term of an aggregate of 2,410,000 outstanding share purchase warrants, which were issued in connection with a non-brokered private placement . On December 30, 2016, the Company issued 2,410,000 Warrants. In December 2018, the Company extended the [...]
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