Alix Acquires Properties IN the Golden Triangle, B.c.

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Suite 1240, 789 West Pender St. Vancouver, British Columbia

Phone: 604-683-3995/ Toll Free: 888-945-4770/Fax: 604-683-3988

ALIX ACQUIRES PROPERTIES IN THE GOLDEN TRIANGLE, B.C.

August 28th, 2017, Vancouver, BC, Canada –ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-

TSX:V) (37N–FRANKFURT) is pleased to announce the signing of a Letter of Intent (LOI) to acquire a

100% interest in a property package comprising five claim blocks located 19 to 40 kilometres northeast

of Stewart, British Columbia, in the Golden Triangle. The properties are prospective for gold, silver, copper,

lead and zinc.

Summary

 Portland Property

 Kelly Girl Claim

 Lucky Date Claim

 About the Golden Triangle

 Deal Terms

Portland Property

The Portland Property, the largest claim block, comprises 2,416 hectares and covers both the Victor and

Portland MINFILE occurrences. The property is located approximately 19 kilometres northeast of Stewart

and is traversed by Hwy 37A. Both targets have been subject to historical surface and underground activity

dating from the early 1900’s , but remain relatively unexplored by modern means, with only one

assessment report covering the claim area, filed in 2006.

The Portland prospect is located about 1 kilometre north of Hwy 37A, with historical work reported from

1910 through 1931. Activities focused on a north-striking, westerly-dipping quartz vein, up to 0.6 metres

wide, in a zone of brecciated argillite. The vein was exposed in a 60-metre-long tunnel, with pyrite reported

as the principal sulphide. A grab sample assayed 8.6 g/t Au and 432 g/t Ag. (1) (9) *

The Victor Showing is located just south of Hwy 37A, 21 kilometres northeast of Stewart, with historic

work reported from 1909 to 1910. The showing comprises a series of open cuts and a n adit at least 43

metres in length. Mineralization at the adit comprises a fracture zone at the contact of a porphyry dike in

argillite and hosts at least two lenses of nearly massive sphalerite -galena. The northwestern lens is 6.1

metres long, 4.6 metres deep and 0.25 metre wide. The southeastern lens is about 4.6 metres long and 0.1

to 0.2 metre wide. A grab sample from the adit dump assayed trace gold, 582.9 g/t Ag, 44.0 % Pb and 22.6%

Zn. (2) (7) *

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Kelly Girl Claim

Approximately 3 kilometres to the west of the Portland Property, the Kelly Girl Claim comprises 36 ha and

covers the Kelly Girl MINFILE showing. In 1990, an 80-centimetre chip sample assayed 3.21 g/t Au and 3.4

g/t Ag. A grab sample from nearby float assayed 4.54 g/t Au, 71.8 g/t Ag, 7.92% Cu. (3) (4) (5) *

Lucky Date Claim

Approximately 3.1 kilometres to the southeast of the Portland Property, the Lucky Date Claim comprises

54 ha and covers the plotted location of three historic MINFILE occurrences: St. Elmo, Jutland, and Lucky

Date. The exact location s of these occurrences are not known, and exploration activity is reported from

the 1920’s to the 1940’s, however there are no recent assessment reports covering the occurrences. (10)

On the Lucky Date showing, a channel sample collected in 1946(?) from the I.X.L. quartz vein, assayed 0.34

g/t Au, 185.1 g/t Ag, 0.15% Cu, 1.6% Pb, 6.9% Zn and 0.13% Cd (cadmium) across a width of 0.76 metre.

The Goat Vein extends over a length of 240 metres from 1067 to 1189 metres elevation. A channel sample

taken in 1946(?) from an adit at 1067 metres elevation, assayed 75.4 g/t Ag, 2.90% Pb, 3.9 % Zn and 0.05%

cadmium (with 0.07% Cu and nil Au) across a width of 0.71 metres. The location of this vein is not specified

in the historical reports. (6) (8) *

The St. Elmo Minfile is designated by BC MINFILE as a past producer with a 13.6 tonne shipment of sorted

ore mined in 1947 averaging 4,217 g/t Ag , 17.5% Pb and 22.8 % Zn. A chip sample from the upper lens

assayed 2972.6 g/t Ag, 8.3 % Pb, 4.6% Zn, 0.8% Cu and 0.69 g/t Au across 0.18 metres. (11) *

* The reader is cautioned that g rab samples are selected samples and are not necessarily representative of

the mineralization hosted on the property.

Mike England, president of Alix, states, "We are very pleased to have acquired a prospective

group of properties in the heart of one of the busiest exploration gold and silver camps in

Canada. Company personnel a re reviewing assessment files and data on the properties and

planning a site visit to commence in early September.

About the Golden Triangle

The Golden Triangle of British Columbia is currently one of the most active exploration and mine

development districts in Canada . Major infrastructure improvements are in progre ss in the area,

concurrent with extensive gold mine development, including the recent (June 20, 2017) announcement by

Pretium Resources Inc., of the first gold poured at the Brucejack mine, the newest gold mine in Canada.

Terms of the Deal

Cumulative terms of the deal call for Alix to make cash payments of $100,000, issue 5 million shares and

spend $300,000 over a 3 -year period. A 3% NSR will be granted to the vendor with 2% purchasable by

Alix at any time for $2 million.

The technical contents of this release were approved by Case Lewis, P.Geo, a qualified person as defined

by National Instrument 43-101. The properties have not been the subject of a National Instrument 43-101

report.

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About Alix Resources

Alix Resources is a junior mining exploration company focused on acquisition and exploration of precious

metal and lithium projects globally. Current projects are active through Joint Venture partners and/or by

the Company in Sonora, Mexico, Nevada, Manitoba, Ontario and Quebec. Alix continues to evaluate suitable

prospects that fit the mandate of the Company.

References

(1) Geological Survey of Canada Memoir 175

(2) Minister of Mines Annual Report 1910

(3) MINFILE No 104A 159

(4) Assessment Report 21244

(5) Assessment Report 22890

(6) Minister of Mines Annual Report 1946, page 80

(7) MINFILE No 104A 030

(8) MINFILE No 104A 047

(9) MINFILE No 104A 031

(10) MINFILE No 104A 046

(11) Minister of Mines Annual Report 1947, page 91

ON BEHALF OF THE BOARD

“Michael England”

Michael England, President, CEO, Director

FOR FURTHER INFORMATION, PLEASE CONTACT:

Telephone: 1-604-683-3995

Toll Free: 1-888-945-4770

Neither the 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.