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ALX Resources Corp.
Summary
| Project: | Falcon | |
|---|---|---|
| Deposit: | Falcon | |
| Location: | Canada | |
| Commodities: | Nickel-Copper-Cobalt | |
| Date: | 4/15/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-4-2020: ALX Resources Corp. announces an Exploration/Drilling Update report for its Falcon deposit at the Falcon project. Drilling results incl. 23.78m @ 0.36% Ni, 0.09% Cu, 0.01% Co from 47.03m. Vancouver, British Columbia--(Newsfile Corp. - April 15, | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Sierd Eriks (Internal) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - April 15, 2020) - ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce analytical results from the 2020 winter drilling program at its 100%-owned Falcon Nickel Project ("Falcon", or the "Project") located in the northern Athabasca region of Saskatchewan, Canada. Three holes were drilled for a total of 600 metres. Nickel-bearing sulphide mineralization was intersected in two of the three holes, which were designed to test geophysical targets developed by the Company. Hole FN20-002 targeted a borehole electromagnetic ("BHEM") anomaly carried out on the first hole of the program in the V-1 target area approximately 100 metres east of the historical Currie Lake deposit. Magmatic nickel sulphide mineralization was intersected from 47.03 to 70.81 metres, averaging 0.36% nickel and 0.09% copper over the 23.78 metre interval, including 10.61 metres of 0.55% nickel and 0.14 % copper from 54.01 to 64.62 metres, and 2.05 metres of 0.90% nickel and 0.19% copper from 58.95 to 61.00 metres. | |
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