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By Shane Lasley
Mining News 

Mining Explorers 2009: Alix explores two new gold projects

Junior's geologists investigate properties in Goodpaster, White districts

 

Last updated 11/1/2009 at Noon



Alix Resources Corp. geologists spent the summer investigating the junior's two new gold properties in Alaska and the Yukon Territory.

Joining the 2009 gold rush to the White District south of Dawson City, Alix purchased lode quartz mineral claims six kilometers, or nearly 4 miles, east and slightly north of the White Gold Project where Underworld Resources Ltd. made a significant gold discovery in the Golden Saddle zone in 2008.

Alix said its 500-plus-hectare, or about 1,205-acre, property is completely ring-staked by Underworld, and from GSC mapping, the Alix claims appear to host similar meta-sedimentary stratigraphy as the White Gold property.

In August, Alix also acquired the Money-Rock gold properties in the Goodpaster Mining District of Alaska. The properties, totaling 1,920 acres of State of Alaska mining claims, border claims owned by International Tower Hill Mines Ltd. They are also about 3 miles, or 5 kilometers, from the portal of Sumitomo's Pogo gold mine.

White Gold

Alix primarily focused on its White Gold District properties in 2009. Forming a joint venture with Cloudbreak Resources Ltd. in July, the two explorers combined their 1,000 hectares, or 1,410 acres of White Gold claims.

The partners sent crews, led by geologist David Hedderly-Smith, to begin geologic mapping and geochemical soil sampling on the newly acquired Yukon Territory properties. During the first phase of the program field crews collected 288 soil samples and 28 rock chip samples, including several from quartz and quartz-potassium feldspar veins found on the prospect.

"Our soil sampling coverage was better than we had anticipated that it would be and the rock sampling was simply an unexpected bonus. We also now have a decent first-pass geologic map of the area," Hedderly-Smith reported.

According to Alix, the initial program discovered a trend of several anomalies, apparently paralleling the mapped geology, with assays ranging up to 40 parts-per-billion gold. With this information, crews returned to the property, now known as Mount Stewart, to complete a second phase of soil sampling.

Reconnaissance soil lines were surveyed across the project area with samples collected every 50 meters with the intentions of better delineating and hopefully expanding on the apparent 300 meters of apparent strike already identified by the anomalous samples. Five additional fractional claims also have been staked covering a 40-hectare, or 96.4-acre, area of open ground adjacent to the existing Alix-Cloudbreak claims. Alix and Cloudbreak now hold 295 claims in the White District.

Alaska projects

In Alaska, Alix geologists completed a first pass soil sample program at its 1,920-acre Money-Rock property. According to the junior the gold property is divided into two claim groups that lie adjacent to Sumitomo Metal Mining Co. Ltd.'s Pogo Mine claims and claims held by International Tower Hill Mines Ltd.

Alix also has a JV agreement with Millrock Resources Inc. on the Divide gold property located about 28 miles, or 45 kilometers, north of Nome on the Seward Peninsula in western Alaska.

Because the partners did not have a work commitment on the claims, they decided to not explore the high-grade gold property in 2009. The best intersections of a 2,650-meter drill program in 2008 were 15.24 meters with an average grade of 3.1 grams per metric ton gold and 1.52 meters grading 9.9 g/t gold.

Alix also has the Acradia project, a high-grade gold property in Nunavut Territory and a coal project each in Manitoba and Saskatchewan.

 

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