Alexis advances Cadillac properties

Alexis Minerals (AMC-V) has intersected significant values of gold and copper on its Cadillac Group properties, near Val d’Or, Que.

The junior drilled 27 holes (5,030 metres), one of which returned 16 metres grading 3 grams gold per tonne and 0.17% copper. Included in that hole was a 4.5-metre section of 7.6 grams gold and 0.4% copper.

Another hole, in a similar epidote-magnetite skarn zone, graded up to 17 grams gold and 0.6% copper over 1.7 metres. This interval is included in a wider zone grading 1.67 grams gold and 0.3% copper over 29 metres.

A previously reported hole returned 3.8 metres grading 21 grams gold and 0.56% copper (T.N.M., Dec. 7/05).

Other holes intersected silica-hematite skarn zones, the highlight being 3.8 grams gold and 0.16% copper over 6.5 metres (this interval included 1 metre grading 16.8 grams gold per tonne and 0.68% copper).

Mineralization is locally associated with pyrite-rich silicified and hematized sedimentary rocks (which generally lack lateral continuity) or with pyrite and chalcopyrite-rich breccias (which can reach a true width of 25 metres but are lower-grade).

Two holes tested strong off-hole geophysical anomalies in the Orenada 5 and Garnet zones. Both cut graphitic shales in contact with the Sullivan pluton and low, weakly anomalous gold and copper grades.

Data from this program will be used in a three-dimensional model.

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