LITHIUM EXTRACTIONS UP TO 99% FROM AGUA FRIA, MEXICO May 24 th, 2 017, Vancouver, BC, Canada –ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) (37N –FRANKFURT) announces results of successful metallurgical work on Agua Fria lithium bearing clays.
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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
LITHIUM EXTRACTIONS UP TO 99% FROM AGUA FRIA, MEXICO
May 24 th, 2 017, Vancouver, BC, Canada –ALIX RESOURCES CORP. (“Alix” or the
“Company”) (AIX-TSX:V) (37N –FRANKFURT) announces results of successful metallurgical
work on Agua Fria lithium bearing clays.
HIGHLIGHTS
Acid leach at 50oC achieves 99% lithium extraction
Short leach time – only 4 hours
No roasting required
No expensive reagents required.
BACKGROUND
On May 1, 2017 Alix and partner Lithium Australia (ASX:LIT) announced preliminary results of
metallurgical tests for the recovery of lithium from volcanogenic sediments at the Agua Fria prospect,
part of the larger Electra project, located in Sonora County, Mexico (Figure 1).
Lithium in the Agua Fria prospect
occurs within volcanogenic sediments
which have been the focus of significant
exploration, not only by LIT and AIX
but also by Bacanora Minerals Ltd.,
which has identified the largest
documented lithium “clay” deposit
within the same geological sequence.
The sediments at Agua Fria contain a
range of minerals, including: Quartz, K-
feldspar, plagioclase,
analcime, ankerite-dolomite and clays
(including montmorillonite).
LITHIUM EXTRACTION INCREASED TO 99%
Metallurgical test work is being undertaken by Kappes Cassiday and Associates in Reno, Nevada
(USA).
LIT AIX JV area
Figure 1 Agua Fria is located due south of the giant La Ventana
deposit, operated by Bacanora Minerals Ltd.
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Simple four hour, sulphuric acid leach tests, carried out at “room temperature” were reported on May
1, 2017. These tests extracted up to 85% of the contained lithium.
A very modest increase in temperature to only 50o C has achieved lithium extractions of 94-99%
in only 4 hours, vindicating the outcome anticipated by the announcement of May 1, 2017.
BENEFICIATION POTENTIAL
Montmorillonite is thought to be the main lithium-bearing mineral and tests have commenced to isolate
this material to produce a higher-grade concentrate for further testing.
Adrian Griffin, managing director of LIT stated “ We have clearly demonstrated the ease with wh ich
lithium can be recovered from the volcanogenic sediments at Agua Fria. Beneficiation of the
components containing the lithium, to produce a concentrated product is the next challenge. Fortunately
the characteristics of each of the minerals are very different, providing a number of avenues to achieve
the desired outcome.”
Mike England, President of Alix, stated: "Beneficiation is as important a step as discovering the lithium
at Agua Fria. These results are extremely encouraging and we applaud the work done by our partners
at Lithium Australia.”
The technical contents of this release were approved by Dr. Michel Boily, PGeo, a qualified person as
defined by National Instrument 43 -101. The properties have not been the subject of a National
Instrument 43-101 report.
About Alix Resources
Alix Resources is a project generator in the junior mining exploration business focused on seeking and
acquiring world class lithium projects globally. Alix continues to evaluate suitable prospects that fit the
mandate of the Company.
ON BEHALF OF THE BOARD
“Michael England”
Michael England, President, 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 Ven ture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or
future performance and reflect management’s current expectations and assumptions. Such forward -looking statements reflect
management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors
are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncerta inties
that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof
and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revi se them
to reflect new events or circumstances. All of the forward -looking statements made in this press release are qualified by these
cautionary statements and by those made in our filings with SEDAR in Canada (available at WWW.SEDAR.COM).