ALX Resources Corp (TSE:AL) has released an update.
ALX Resources Corp has entered into an option earn-in agreement with Trinex Lithium Ltd. for its Gibbons Creek Uranium Project, where Trinex can acquire up to a 75% interest by fulfilling certain financial and exploration commitments over five years. Additionally, ALX has planned an extensive 1,200-metre drilling program at Gibbons Creek set to commence in early March 2024, aiming to uncover uranium mineralization.
For further insights into TSE:AL stock, check out TipRanks’ Stock Analysis page.