ALX’s predecessor company, Lakeland Resources,
completed an exploration program consisting of prospecting, radon testing and
conventional soil sampling on the Bay Trend. Prospecting and sampling was also
conducted on the Liberty, Ponderosa and Jack Trends. On the Bay Trend, conventional soil surveys,
prospecting and a RadonEX survey identified strong radon anomalies associated
with conductive zones. Exploration on the Liberty Trend identified strongly
radioactive boulders, and radioactive springs and muds at surface.
In the winter of 2017 a
radon-in-water survey was completed as an extension to previous radon surveys
over the area of historical drill hole LE-050. An
anomalous trend in the radon was noted that corresponds to previously delineated
EM conductors from ground and airborne survey in the area.
ALX contracted Special Projects Inc. (“SPI”) to
perform a low-level airborne radiometric and magnetic survey of approximately
4,450 line kilometres over the Property.
This airborne survey is effective in the detection of radioactive
boulders in the shallow sub-surface that may not have been located by
historical ground prospecting. The SPI
survey method uses a high-resolution system that successfully detected responses from buried, high-grade
uraniferous boulders at Patterson Lake in 2009, which provided an important
vector to the discovery of the mineralized PLG-3B conductor at the Triple R
deposit in November 2012.