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October 1, 2009

Gold Blocks to Change Hands in British Columbia

Alix Resources has entered into an agreement with Blair Naughty to buy seven blocks covering 2,800ha in the Stewart mining camp in British Colombia, Canada. Six claims are located near the new Montrose gold discovery, while one claim is close to the Canasia Industries Corporation Clone

By cms admin

Alix Resources has entered into an agreement with Blair Naughty to buy seven blocks covering 2,800ha in the Stewart mining camp in British Colombia, Canada.

Six claims are located near the new Montrose gold discovery, while one claim is close to the Canasia Industries Corporation Clone gold property.

Alix will pay $22,500 in cash to Blair and issue two million shares in the capital of the company under the agreement.

One claim is located to the north, one to the south and four to the east of the finds made by Decade Resources and in the area of Ascot Resources’ holdings.

The Stewart mining camp in north-west British Colombia contains considerable gold mineralisation in a number of structurally controlled, sulphide-replacement zones that occur in a well-mineralised trend of the Hazelton group of volcanic rocks.

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