Alix Resources Corp. Options Golden Zone to Goldspan
Alix has an existing option (the "Original Option") on the property which was entered into in September of 2010 with Hidefield Gold Inc. and Mines Trust Company (collectively the "Owners") whereby Alix can earn up to 70% interest in the Golden Zone property.
Alix and Goldspan will enter into a Definitive Option Agreement which, inter alia, will require Goldspan and Alix to obtain the Owners' consent to the assignment of the Alix Option to allow for a direct transfer to Goldspan Resources, Inc.
Once Goldspan has exercised its option, Goldspan and Alix will own 60% and 10%, respectively.
"Doing this deal with Goldspan allows the further advancement of the Golden Zone project enabling Alix to focus its efforts on its Moneyrock project in Alaska" states Alix president Mike England. "Sumitomo's neighboring "Pogo Mine" has been the site of extensive exploration on top of production and we are very excited to concentrate now on our significant claims in the area."
Technical information contained in this release has been reviewed and approved by Alix board member, and Qualified Person as defined by NI 43-101, David Hedderly-Smith, Ph.D.
Alix Resources Corp. is a junior exploration company actively seeking mineral opportunities for the benefit of all its stakeholders. For further information we invite you to visit us at www.alixresources.com.
ON BEHALF OF THE BOARD
Michael England
President
Forward-Looking Statement: Some statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of Alix Resources Corp. Actual results may differ materially from those currently anticipated in such 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.
Contacts:
Alix Resources Corp.
Michael England, President
Telephone: 1-604-683-3995 / Toll Free: 1-888-945-4770
604-683-3988 (FAX)
www.alixresources.com