News / Mining and Drilling
Alix Options Homestake (Arizona)-Santa Maria Gold Property, Yavapai County, Arizona
ALIX RESOURCES CORP. ("Alix" or the "Company") (TSX VENTURE:AIX)(FRANKFURT:37N) is pleased to announce it has signed an LOI to acquire the 220 acre Homestake (Arizona) - Santa Maria lode gold property located in Yavapai County, Arizona. This prospective property adjoins the previously announced (see PR dated November 5, 2012) Golden Granite acquisition and is located about 112 kilometers (70 miles) northwest from Phoenix along highway 93.
To acquire a 100% interest in the property the Alix will make cumulative cash payments of $557,500 and issue 550,000 shares of the Company over a five year period. The vendor will retain a 2% NSR of which 1% can be purchased back for $1,000,000. This transaction is subject to TSX Venture Exchange approval.
Alix Resources is a junior exploration company actively seeking mineral and energy opportunities for the benefit of all our stakeholders. For further information we invite you to visit us at www.alixresources.com.
ON BEHALF OF THE BOARD
Michael England, President
Neither 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.
