Canadian Mining Journal

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ACQUISITION: Alexis to double gold output with Garson Gold deal

TORONTO — Alexis Minerals has completed the acquisition of Garson Gold, almost doubling its gold resourc...



TORONTO — Alexis Minerals has completed the acquisition of Garson Gold, almost doubling its gold resources thanks largely to Garson’s New Britannia project in Manitoba and its McMillan property in Ontario. Alexis now counts more than 865,000 oz of contained gold in measured and indicated resources and 479,000 oz in inferred resources.

 

Alexis intends to complete a preliminary economic assessment of the New Britannia project next month. The company would like to become a mid-tier gold producer in 2011. It already operates the Lac Herbin and Lac Pelletier gold mines in Quebec.

 

More information is available at www.AlexisMinerals.com and at www.GarsonGold.ca.