ALX RES CORP - ALXEF STOCK NEWS

Welcome to our dedicated page for ALX RES news (Ticker: ALXEF), a resource for investors and traders seeking the latest updates and insights on ALX RES stock.

ALX Resources Corp. (ALXEF), also known as ALX, is a mineral exploration company based in Vancouver, BC, Canada. The company is engaged in exploring a portfolio of mineral properties in Canada, focusing on uranium, lithium, nickel-copper-cobalt, and gold projects. ALX holds over 240,000 hectares of prospective lands in Saskatchewan, a region known for hosting high-grade uranium mines, producing gold mines, diamond deposits, and historical base metals production.

The Gibbons Creek Uranium Project, located in the northern Athabasca Basin near Stony Rapids, Saskatchewan, is one of ALX's key projects. The 100%-owned project has recently completed its 2024 winter drilling program, which aimed to test for uranium mineralization continuity. Positive results from the drilling program have confirmed low-level uranium mineralization in multiple holes near the unconformity, highlighting the project's prospectivity.

ALX has also entered into an option earn-in transaction with Trinex Minerals Limited for Gibbons Creek. Under this agreement, Trinex can earn an initial 51% interest in the project and up to a 75% participating interest in two stages over five years by making cash payments, share payments, and incurring exploration expenditures.

The Company's strategic partnerships, ongoing exploration programs, and focus on high-potential mineral properties position it well for future growth and discovery opportunities in the mineral exploration sector.

01/23/2024 07:30 AM

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ALX Resources Corp. Detects SGH Geochemical Uranium Anomaly at the Gibbons Creek Uranium Project, Athabasca Basin, Saskatchewan

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ALX Resources Corp. announces successful results from a Soil Gas Hydrocarbon geochemistry survey at its Gibbons Creek Uranium Project, revealing a strong uranium anomaly in an untested area, providing compelling evidence for new drill targets. The survey was designed to detect subtle geochemical anomalies emanating from a buried source, covering an area of approximately 500 meters wide by 1,000 meters long. ALX has an active drill permit for Gibbons Creek, good until April 2024, and is currently planning a diamond drilling program for the winter of 2024.

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01/19/2024 07:30 AM

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ALX Resources Corp. Receives Results from ZTEM(TM) Airborne Electromagnetic Survey at the Hook-Carter Uranium Project, Athabasca Basin, Saskatchewan

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ALX Resources Corp. announces the results of an airborne Z-Axis Tipper electromagnetic survey at the Hook-Carter Uranium Project, operated by Denison Mines Corp. The Project is owned 80% by Denison and 20% by ALX.

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11/28/2023 07:30 AM

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ALX Resources Corp. Completes Geochemical and Magnetic Surveys at the Gibbons Creek Uranium Project, Athabasca Basin, Saskatchewan

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ALX Resources Corp. (AL:TSXV, 6LLN:FSE, ALXEF:OTC) completes soil geochemistry and high-resolution ground magnetic surveys at the Gibbons Creek Uranium Project in Saskatchewan. The surveys aim to identify prospective areas for drill targets and contextualize historical mineralized drill holes and surface geochemical anomalies, defining new drill targets. Results of the SGH survey are expected in January 2024. ALX currently has an active drill permit for Gibbons Creek, good until April 2024, and plans to carry out a diamond drilling program, pending financing.

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11/07/2023 07:30 AM

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ALX Resources Corp. Completes Prospecting Program at McKenzie Lake Uranium Project

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ALX Resources Corp. completes a surface prospecting program at its McKenzie Lake Uranium Project in northern Saskatchewan, Canada, revealing significant uranium mineralization in boulders and indicating potential for further exploration.

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10/26/2023 07:30 AM

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ALX Resources Corp. Resumes Lithium Exploration at Hydra Lithium Project in James Bay Region, Quebec

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ALX Resources Corp. announces the remobilization of its lithium exploration crew to the Volta sub-project area of the Hydra Lithium Project in Quebec, Canada.

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09/21/2023 07:30 AM

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ALX Resources Corp. Receives Permit for McKenzie Lake Uranium Project, Saskatchewan

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ALX Resources Corp. has received an exploration permit for its McKenzie Lake Uranium Project in Saskatchewan, Canada. AI analysis helped identify target areas for prospecting. Anomalous uranium results in sample 149616 warrant further investigation. Recommendations for further work include soil and till sample surveys and prospecting for similar rock types.

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09/08/2023 07:30 AM

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ALX Resources Corp. Update on Lithium Exploration in James Bay Region, Quebec

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ALX Resources Corp. resumes lithium exploration at Hydra project in Quebec, Canada after forest fire restrictions lifted.

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08/23/2023 07:30 AM

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ALX Resources Corp. Resumes Lithium Exploration in James Bay Region, Quebec

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ALX Resources provides update on lithium exploration activities at Hydra Lithium Project in Quebec, Canada

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07/10/2023 07:30 AM

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ALX Resources Corp. Announces Closing of Transaction with Forrestania Resources on the Hydra Lithium Project, James Bay Region, Quebec

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06/26/2023 04:18 PM

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ALX Resources Corp. Announces Grant of Stock Options

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FAQ

What is the current stock price of ALX RES (ALXEF)?

The current stock price of ALX RES (ALXEF) is $0.0173 as of October 15, 2024.

What is the market cap of ALX RES (ALXEF)?

The market cap of ALX RES (ALXEF) is approximately 5.0M.

Where is ALX Resources Corp. based?

ALX Resources Corp. is based in Vancouver, BC, Canada.

What projects is ALX focused on?

ALX is exploring a portfolio of mineral properties in Canada, with a focus on uranium, lithium, nickel-copper-cobalt, and gold projects.

What is the Gibbons Creek Uranium Project?

The Gibbons Creek Uranium Project is located in the northern Athabasca Basin near Stony Rapids, Saskatchewan. It is one of ALX's key projects with recent positive drilling results.

Who is ALX partnering with for the Gibbons Creek Uranium Project?

ALX has entered into an option earn-in transaction with Trinex Minerals Limited for the Gibbons Creek Uranium Project.

How can Trinex earn an interest in the Gibbons Creek Project?

Trinex can earn an initial 51% interest and up to a 75% participating interest in the Gibbons Creek Project over five years by making cash payments, share payments, and incurring exploration expenditures.

What are some recent developments at ALX Resources Corp.?

Recent developments include the completion of the 2024 winter drilling program at the Gibbons Creek Uranium Project and the strategic partnership with Trinex Minerals Limited.