Eight Claims Cover 162 Hectares In Red Lake Mining District
ALX Resources Corp.(TSXV: AL) 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 totalling 10,230 hectares (25,280 acres) staked within the Birch-Uchi greenstone belt and is located approximately 60 km east of Red Lake. The eight claim units comprise approximately 162 hectares (399 acres) and are located within the Vixen South claim block.
To date, the Red Lake Mining District has produced over 28 million ounces of gold since mines began production in 1925. Historic gold mines in the Red Lake camp include the Campbell mine, the Red Lake mine, and the Couchenour-Williams mine, all multi-million ounce gold producers.
Vixen lies within the Birch-Uchi greenstone belt, a geological trend located to the northeast of Red Lake that hosts numerous historical gold mines and showings and is highly-prospective for new showings of gold mineralisation.
The Argosy Mine, located approximately two km from the Vixen North claim boundary, produced approximately 102,000 ounces of gold from 1934 to 1952. The Springpole Gold Project, which hosts a multi-million ounce gold resource and is operated by First Mining Gold Corp., is located approximately 6.0 kilometres from the Vixen North boundary.
ALX considers Vixen historically underexplored where areas of limited outcrop have inhibited surface exploration and utilizes detailed prospecting, leading-edge geochemical techniques, and geophysical surveys to identify new drill targets.
ALX is based in Vancouver, BC, Canada
ALX owns 100% interests in the Firebird Nickel Project (now under option to Rio Tinto Exploration Canada, who can earn up to an 80% interest), the Flying Vee Nickel/Gold and Sceptre Gold projects, and can earn up to an 80% interest in the Alligator Lake Gold Project, all located in northern Saskatchewan, Canada. ALX owns, or can earn, up to 100% interests in the Vixen Gold Project, the Electra Nickel Project and the Cannon Copper Project located in historic mining districts of Ontario, Canada, and in the Draco VMS Project in Norway.
ALX holds interests in a number of uranium exploration properties in northern Saskatchewan, including a 20% interest in the Hook-Carter Uranium Project, located within the prolific Patterson Lake Corridor, with Denison Mines Corp. (80% interest) operating exploration since 2016, and a 40% interest in the Black Lake Uranium Project, a joint venture with UEX Corporation and Orano Canada Inc.
