Alexi Mineral To Start Gold Mine Exploration in Rouyn-Noranda

Alexis mining companies have started exploration projects, gold mining in Pelletier Lac Rouyn-Noranda, Quebec. Alexis mining companies have been excavating two mining zones of the four gold mine plan. Alexis expects mining companies than 40,000 tons of samples can produce 9400 tons of gold. It is expected that in 2010 the ore milling project will be completed next company will make plans to conduct exploration of gold mines.

Lac Pelletier gold mine is located 4 km southwest of Rouyn-Noranda, Quebec, in Abitibi Mining Camp productive, historically one of the world's top gold-producing region. Lac Pelletier Gold Mine is expected to generate more than CDN $ 20.7 million in free cash flow of approximately 118,100 oz Au (109,300 ounces recovered) more than the estimated project life of at least 3 years.

All requests submitted permit full production, and the Company expects to receive confirmation of this before the end of 2009. A feasibility study began in mid-October and is expected to be completed on reconciliation results of 40,000 tons of milling most of the samples in February 2010.

Alexis' management expects to make a positive production decision in the first week of March 2010 subject to the results of bulk samples and feasibility studies. With the production of Lac Pelletier, gold companies will increase total output by 2010 to an annual level of between 75,000 and 80,000 ounces of gold per year, including production from Lac Herbin gold mine. This will be another important step achievement of the new Corporate Strategy to develop mid Alexis gold mining company's production level.