Alexis drilling approaches deep target

Toronto based, Alexis Minerals Corporation, which is active in Canada’s richest mining regions, Val d’Or and Rouyn-Noranda, Quebec, provides updates on drilling activities in Val d’Or, Quebec.

The company is performing surface exploration drilling in Val d’Or, Quebec with two machines.

The current drilling process is testing the “Deep West” target, a Volcanogenic Massive Sulphide (VMS) target approximately 1,500 metres west of the past-producing Louvicourt Mine.

The company has also confirmed that drilling is also evaluating the near surface potential of the Wolverine deposit, which is 4 km further to the west and along the Louvicourt - Manitou Barvue Mine trend.

The deep drilling process involves advancing on an 1800 metres long hole, approximately 1500 metres west of the past-producing Louvicourt Mine.

The hole has recently passed 1,000 metres and has entered into an area of strong footwall chlorite alteration and stringer copper mineralization indicative of the footwall environment of a potential Volcanogenic Massive Sulphide (VMS) deposit.

The Company hopes that current hole should encounter previously untested and prospective mine stratigraphy, in an area of unexplained off-hole geophysical anomalies, in the coming weeks.

Shallow drilling is also evaluating the open strike potential for Zinc-Silver-Lead mineralization on the extension to the Wolverine Deposit identified in prior drilling during 2008.

The first of six holes to be drilled has been completed and has intersected a mineralized felsic porphyritic dyke over a 38 metres core length at the targeted depth.

A section of the dyke is strongly silicified and mineralized with 10-15% Pyrite, up to 3% Sphalerite and up to 1% Chalcopyrite over a length of 11m. Assays are pending.