ALEXANDRIA MINERALS CORP -  AZX TSX.V  - ALXDF OTC

Alexandria Continues to Expand Zone 4, Intersects 10.01 g/t Gold Over 6.95 Metres at Orenada - Shares Up On News

These shares up 60% since March . AZX's 52 week high is $0.12 . The shares trade an average of 1.4 million shares per day ( 30 day avg ) with an outstanding of 478 million.

With an outstanding management team at the helm and superior drill results announced , this mining company has been driven to new heights . Pulling back from its July 2016 , 52 week high of $0.12, the shares are now expected to retest the old $0.12 high 

As the price of gold reignites and investor interest in mining - resource renewed , we expect these shares to be the investors choice to ride the wave of advancing commodities prices .  FACT SHEET - REPORTS - CEO INTERVIEW


Watch You Tube Video https://www.youtube.com/watch?v=AbL8eudfMGw

Alexandria Minerals forms Special Committee of the Board to Assess Strategic Alternatives

TORONTO, Dec. 20, 2017 (GLOBE NEWSWIRE) -- Alexandria Minerals Corporation (TSX-V:AZX) (OTCQB:ALXDF) (Frankfurt:A9D) (“AZX” or the “Company”) announced today that, at a meeting of its Board of Directors held on December 19, 2017, the mandate of a Special Committee of the Board was finalized. The Special Committee, which was formed on December 15, 2017, is comprised of Walter Henry, Chair, Priya Patil and Gary O’Connor. The Special Committee has been tasked with examining strategic alternatives for the Company which include evaluating and implementing financing alternatives, considering possible joint venture and other strategic transactions, and assessing potential merger and acquisition proposals.

Walter Henry, Chairman of the Special Committee, said, “There is a fair amount of speculation about the Company at the present time and we are expecting geological updates within the next 60 days.  This is an opportune time for us to start an open and transparent process to determine how we, as a board, can best be responsive to shareholder expectations, and to choose the best path for the Company moving forward.”

There is no defined timeline for the strategic review.  The review of strategic alternatives may result in a variety of outcomes or no outcome and there can be no assurance that the Company will pursue or execute any specific action or transaction. The Company does not intend to make any further announcements or comments regarding the review of strategic alternatives unless required by law.

In other matters, Eric Owens, President and CEO, in his annual year-end review, stated, “We have made tremendous progress this year finding gold, completing 45,000 metres of drilling and expanding our Orenada Zone 4 gold deposit. We expect even greater progress in 2018 as we complete our resource update and build on that with a larger planned 60,000 m drill program.”

Further information about the Company is also 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/
LinkedIn:  http://www.linkedin.com/company/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 Intersects 52.83 g/t Gold Over 4.55 m Orenada Zone 4, Continues to Define and Expand Gold Mineralization at Shallow Levels

TORONTO, Dec. 05, 2017 (GLOBE NEWSWIRE) -- Alexandria Minerals Corporation (TSX-V:AZX) (OTCQB:ALXDF) (Frankfurt:A9D) (“AZX” or the “Company”) is pleased to announce the results from 10 shallow in-fill diamond drill holes covering 300 m of strike length at Orenada Zone 4, part of the ongoing exploration program leading to an updated Resource Estimate in the first quarter of next year. 

Highlights

  • Diamond Drill Hole OAX-17-210, located just east of the open pit at Zone 4, intersected 52.83 g/t gold over 4.55 m (uncut), including one of the highest gold assays ever at Zone 4, 366 g/t gold over 0.65 m, and separately, 4.30 g/t gold over 5.95 m, including 18.36 g/t gold over 0.95 m;
  • DDH OAX-17-206, on the same section as OAX-17-210, intersected 2.27 g/t gold over 68.85 m, between 96 and 165 m downhole, including 8.96 g/t over 3.75 m and 5.19 g/t gold over 6.70 m;
  • Beneath the open pit, six holes further verified the expansion of gold mineralization downward below the 2009 resource limits, as shown by DDH OAX-17-183, which intersected  6.59 g/t gold over 8.60 m, part of a wider intersection grading 1.12 g/t gold over 72.10 m;
  • These results continue to confirm the presence and continuity of gold mineralization at shallow depths at Zone 4, as well as expanding mineralization beyond the pre-existing resources.

Eric Owens, President and CEO of Alexandria, stated, “Our drill holes continue to yield great assay results, including one of the highest assays yet at Zone 4 of 366 g/t gold over 0.65 m. The results are providing us with greater confidence and detail for our upcoming resource estimate. As follow-up to the expected resource estimate early in the New Year, we are planning a wider-scale 2018 drill program which will build on the success of our summer drill program by expanding both the number of drill rigs as well as the target area, to cover more than 5 km of targets.”

The upcoming resource estimate will build upon the Current Resources, previously calculated in 2009 (see Press Release, September 16, 2009), based on a new geological model which incorporates a previously unrecognized suite of flat-lying gold veins and their importance to the grade of the deposit.

Alexandria’s drill program in 2017 has been centred around the 2009 Resources at Orenada Zone 4 and Zone 2, with focus on a 1.1 km-long stretch of gold-bearing Cadillac Break. The drill program has successfully enlarged the footprint of gold mineralization along strike from 400 m to its present length of more than 1,100 m. For the new resource update, 170 holes have been completed for 45,358 meters at Zone 4 and Zone 2. Assay results are still pending for 40 drill holes.

Next Steps:
Geological and resource modelling continues, with new data added as they are received, with expectations of a new resource update for Zone 4 and Zone 2 in Q1, 2018. Planning is also underway for the next stage drilling program: a multi-rig, 60,000 m program for 2018 to focus on new targets along a 5 km trend to the west of the Zone 4 open pit. This will be a phased drill program beginning in the New Year testing targets that have the best potential for growing the shallow gold resources at Orenada.

Further details can be viewed in the addendum/appendix to this press release: http://bit.ly/2jRNzWV

Analytical Procedures and QA/QC
Program design, management, and Quality Control/Quality Assurance (QA/QC) are conducted by Alexandria’s exploration group under the supervision of Philippe Berthelot (P. Geo), who is the Company’s Qualified Person. Details of sampling procedure can be found in the addendum. Mr. Berthelot has reviewed the contents of this press release.

Further information about the Company is also 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/
LinkedIn:        http://www.linkedin.com/company/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 Drills 8.56 g/t Gold over 17.50 m at 24.8 Metres Depth; Continues to Expand Shallow Gold Mineralization at Orenada Zone 4

TORONTO, Oct. 26, 2017 (GLOBE NEWSWIRE) -- Alexandria Minerals Corporation (TSX-V:AZX) (OTCQB:ALXDF) (Frankfurt:A9D) (“AZX” or the “Company”) is pleased to announce the assay results from 10 holes completed in its detailed summer drill program at Orenada Zone 4 near Val d’Or, Quebec. The reported results further confirm robust gold mineralization east of the Zone 4 open pit over a 250m strike length.  These results, once again, expand high grade gold mineralization east beyond the limits of the 2009 resource estimate.

Highlights

  • Diamond Drill Hole OAX-17-168, located 330m east of the open pit, intersected two major high grade zones: 8.56 g/t gold over 17.50m from 24.80m to 43.20m downhole (including 31.2 g/t gold over 3.2m, which includes 80.70 g/t gold over 1.00m) and a second intersection of 4.28 g/t gold over 35.70mbetween 223.30m and 259.00m (including 7.10 g/t gold over 16.20m), expanding high-grade veins well beyond the former 2009 resource limits;
  • Together with OAX-17-170, also located on the same section, which intersected 1.65 g/t gold over 95.00m, the results show the potential growth of the gold deposit at Zone 4;
  • Hole OAX-17-156, located roughly 250m west of DDH OAX-17-168, but still east of the open pit, intersected 2.65 g/t gold over 47.15m between 189.20m and 236.35m, part of a broader intersection grading 1.65 g/t gold over 131.50m, in-fill results that confirm a robust core below and east of the open pit.
  • In-fill holes OAX-17-160 intersected 3.35 g/t gold over 11.00m, and 1.52 g/t gold over 33.45m part of a larger zone grading 0.98 g/t gold over 127.5m; and OAX-17-162 intersected 42.50m grading 1.06 g/t gold: these holes located 60 m west of OAX-17-168 provide confirmation of continuity of gold mineralization.

Eric Owens, President and CEO of Alexandria, stated, “These exciting results emphasize potential for both growth and grade at Zone 4. We are finding a very robust core area that extends 1,100 metres along strike, down to 300 metres at depth and continues to be open in all directions. Our ongoing geologic and resource modelling efforts are being confirmed and strengthened as results come in. With assay results pending for 70 holes, we expect further great results for the rest of the year.”

Current Resources compliant with National Instrument 43-101 at Orenada were originally estimated in 2009 for the upper 250 metres, at Zone 4 and Zone 2 (see Press Release, September 16, 2009). Alexandria’s 45,000 metre drill program in 2017 has intersected the gold vein system for more than 2.5 km along strike, centered around the Zone 4 open pit, an increase in strike length of more than 300% over the previously known dimensions. A new resource estimate is expected by January 2018.

Gold mineralization remains open along strike – to the east and west – as well as at depth. New drill targets are being evaluated in these directions, in anticipation of an active next phase drill program.

Next Steps:
Focus continues to be on wrapping up the processing of the remaining core from 70 drill holes from the summer program, and ongoing geologic and resource modelling, with the aim of incorporating this information into a new resource estimate by January 2018.

Further details can be viewed in the addendum/appendix to this press release: http://bit.ly/2i5mEWZ

Analytical Procedures and QA/QC          
Program design, management, and Quality Control/Quality Assurance (QA/QC) are conducted by Alexandria’s exploration group under the supervision of Philippe Berthelot (P. Geo), who is the Company’s Qualified Person. Details of sampling procedure can be found in the addendum. Mr. Berthelot has reviewed the contents of this press release.

Further information about the Company is also 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/
LinkedIn:   http://www.linkedin.com/company/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 Announces Voting Results of Annual General and Special Meeting

TORONTO, Oct. 17, 2017 (GLOBE NEWSWIRE) -- Alexandria Minerals Corporation (TSX-V:AZX) (OTCQB:ALXDF) (Frankfurt:A9D) (“AZX” or the “Company”) is pleased to announce that all of management’s recommendations proposed to the Company’s shareholders were overwhelmingly approved at yesterday’s Annual General and Special Meeting.

Eric Owens, President and CEO of Alexandria, stated, “We greatly appreciate the strong support of our shareholders, and we intend to continue the successful work plan we have laid out at Orenada. The drill results have been excellent, we expect further results in the near future, and our goal of updating the resource estimate is on track."

Directors
By way of ordinary resolution, the number of directors was fixed at six.  Each of the six incumbent nominees proposed by management was elected as a director with shareholder support exceeding 90% of the proxies received by management. Returning to the Board of Directors are Peter Gundy, Priya Patil, Robert Geis, Walter Henry, Gary O’Connor and Eric Owens.

Other Resolutions
Shareholders, by way of proxy, also approved the following by ordinary resolution:

  1. the appointment of MNP LLP, Chartered Accountants, as Auditors of the Company for the ensuing year with authorization to the Directors to fix the remuneration to be paid to the Auditors;
  2. the approval of the Company's 2017 Incentive Stock Option Plan;
  3. the approval of the Company's Restricted Share Unit Plan;
  4. the confirmation of a bylaw which sets advance notice requirements for director nominations;
  5. authorization to proxyholders to vote in their discretion on any amendment to any of the resolutions;

The shareholders also approved a special resolution intended to give the power to the Directors to make a future decision, if necessary, on the consolidation of the Company’s common shares. In accordance with the authority given to the proxyholders, the special resolution was amended by authorizing the directors to consolidate the Company’s common shares “…with such ratio to be determined and such future date to be fixed at the discretion of the directors.” The special resolution was passed by proxy with approximately 90.77% approval, which exceeds the 66⅔% threshold required by the Canada Business Corporations Act.

Further information about the Company is also 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
LinkedIn: http://www.linkedin.com/company/alexandriaminerals
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.

News & Analysis

Publish Date Headline Source
Oct 17, 2017 Alexandria Minerals Announces Voting Results of Annual General and Special Meeting GlobeNewswire
Oct 11, 2017 Alexandria Minerals Announces Shallow In-Fill Drilling Intersects 4.62 g/t Gold over 30.05 Metres at Orenada Zone 4, Further Substantiates Gold Mineralization above 200 Metres GlobeNewswire
Sep 20, 2017 Resource Sector Digest: Coeur Spends Big On Silvertip Seeking Alpha
Sep 14, 2017 Alexandria Continues to Expand Zone 4, Intersects 10.01 g/t Gold Over 6.95 Metres at Orenada GlobeNewswire
Aug 2, 2017 Alexandria Reports High-Grade Gold Assays from Final 8 Holes of Winter-Spring Drill Programme -- Expectations Fully Met Marketwired
Jul 26, 2017 Alexandria Minerals Expands Near-Surface Gold Veins to 1,100 Metres in Length at Orenada Zone 4, Intersects 375.00 g/t Gold Over 0.45 Metres Marketwired





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