Significant mineralization at depth at West Ansil

The West Ansil property in northwest Quebec is yielding significant drill results for partners Alexis Minerals Corp. and Falconbridge Ltd., both of Toronto. The deposit is in the Rouyn-Noranda mining camp, 1.8 km southwest of the historic Ansil mine and 10 km from Falconbridge’s Horne smelter. Alexis is earning 50% interest in Falconbridge’s 825 km2 of properties in the camp.

The zone of massive sulphides is located at a basalt/andesite contact within the Rusty Ridge Formation and lies in a discordant trend between the Lewis Exhalite and the Beecham Breccia horizons. Drilling highlights announced in early September include 14.34% Cu and 0.16% Zn over 6.30 m in hole WAN-05-10, and 2.74% Cu and 0.05% Zn over 7.55 m in hole WAN-05-09. Further information is available at www.alexisminerals.com.