ALX Resources Corp. Signs Definitive Agreement for Electra Nickel Project in Ontario
ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ( ALX or the Company ) is pleased to announce that it has executed a definitive agreement for an option to purchase a 100% interest in the Electra Nickel Project ( Electra , or the Project ) located in Shebandowan Greenstone Belt within the Thunder Bay South Mining District of Ontario, Canada. Electra, formerly known as the Bateman Lake property, is prospective for nickel, copper and cobalt ( Ni-Cu-Co ), platinum group elements ( PGEs ) and gold mineralization. In November 2020, during its period of due diligence on Electra, ALX staked additional claims and expanded the size of the Project by approximately 42% to 148 cell units totaling 3,168 hectares (7,828 acres).