Tuesday 25th October 2016

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Alexis reports Quebec Gold Assays as high as 1.52 g/t over 16.2m

Alexis Minerals Corporation TSX:AMC announced assays from its Noralex Gold Property in Quebec. Highlights include 1.52 g/t gold over 16.2 metres (including 31.26 g/t over 0.7 metres), 13.1 g/t over 2 metres (including 48.97 g/t over 0.5 metres), 0.59 g/t over 39.2 metres, 0.5 g/t over 21.1 metres, 0.39 g/t over 76.2 metres (including 0.56 g/t over 39 metres).

Alexis will complete three additional drill holes to test additional IP targets before the end of the winter drilling season. All prior geophysics will be reviewed, and a program of down-hole IP surveying will be carried out in the most recent drill holes should the review confirm the applicability of this approach to target future drilling activities.

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Francois Perron

or Louis Baribeau
Corporate Communications

by Ted Niles

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