Alexis hits significant gold and copper

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

In total, 27 holes, 5,030 metres, were drilled, highlighted by a 16-metre intercept grading 3 grams gold per tonne and 0.17% copper. This interval included a 4.5-metre intercept that graded 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 of mineralization grading 1.67 grams gold per tonne and 0.3% copper over 29 metres.

A previously reported hole, cut 3.8 metres grading 21 grams gold per tonne and 0.56% copper [T.N.M., Dec. 7, 2005].

Other holes cut silica-hematite skarn zones, highlighted by one hole that hit 3.8 grams gold and 0.16% copper over 6.5 metres. This interval includes 1-metre grading 16.8 grams gold per tonne and 0.68% copper.

Mineralization is locally associated with sulphidized (pyrite-rich) silicified and hematized sedimentary rocks, or with pyrite and chalcopyrite-rich breccias. The former generally lack lateral continuity, while the latter can locally reach 25 metres (true width) but are lower grade zones.

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

The company plans to compile the data from this program and put it into a digital 3D-modelling program.