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Alix Resources Corp. and Geo Minerals Ltd.: Alix Resources and Geo Minerals Announce Drill Permit Applications and Plans to Dri

^{Published on 2009-09-03 09:25:22 - Market Wire}
 

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 3, 2009) - ALIX RESOURCES CORP. (TSX VENTURE:AIX)(FRANKFURT:37N) and GEO MINERALS LTD. (TSX VENTURE:GM) (The "Companies") announce that the Companies are in the process of selecting targets and applying for Work Permits from the Manitoba Conservation Office to drill on the Red Deer Lake Project adjoining Goldsource Mines "Border" Property.

The Red Deer Lake Coal Property is situated in Manitoba, on the Manitoba Saskatchewan border, approximately 30 kilometres from Goldsource Mines Inc. recent "Split-Leaf" discovery of 35 meters of coal in Saskatchewan and approximately 5 kilometres from Westcore Energy Ltd.'s recent "Black Diamond Property" discovery which reported 33 meters of coal in their April 9, 2009 News Release. The Red Deer Lake Coal Property is comprised of 31,904 hectares (78,836.5 acres) of prospective coal ground that lies between Goldsource Mines Inc.'s Saskatchewan Border property and their Pine River property located in Manitoba, all within Goldsource's projected "Durango Coal trend".

The Companies have contracted CorePro Drilling Inc. and intend to drill immediately upon receipt of final approval by the Winnipeg Mineral Titles Branch.

Geo Minerals director Paul D. Gray, P.Geo, and a Qualified Person as defined by NI 43-101 has reviewed and approved the information contained in this release.

Alix Resources and Geo Minerals are each junior exploration companies actively seeking mineral and energy opportunities for the benefit of all our stakeholders.

ON BEHALF OF THE BOARD

Michael England, President

Alix Resources Corp. & Geo Minerals Ltd.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.