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Strategies & Market Trends : Ride the Tiger with CD

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From: howestreetbull6/27/2008 9:22:21 AM
   of 312987
 
June 27, 2008
ALIX RESOURCES CORP AND GEO MINERALS LTD. APPLY FOR MORE POTASH EXPLORATION PERMITS INCREASING LAND POSITION BORDERING POTASH NORTH RESOURCE CORP.

June 27th, 2008, VANCOUVER, B.C. - ALIX RESOURCES CORP. ("Alix" or the "Company") (AIX-TSX:V)(37N - FRANKFURT) and GEO MINERALS LTD. ("Geo")(GM-TSX:V) announce today that potash exploration permits have been applied for in Manitoba on the border of Saskatchewan. The applications cover an area of 1,536 hectares and are adjoining the recently acquired freehold potash title by Geo and Alix announced on June 13, 2008. If the applications are permitted, Geo and Alix will have a total of 1,789 hectares in the Devonian Prairie Evaporite.

The area of the applications is adjacent to Western Potash and 12 kilometres north of the Russell-Biscarth Potash deposit owned by Manitoba Potash Corp., and currently being explored and developed by BHP Billiton. Further to the South is the Prairie Potash Mines deposit currently being explored and developed by Western Potash.

The potash application area is on the border of Saskatchewan and is approximately 40 kilometres northeast of Potash Corp's Rocanville Mine in Saskatchewan. For reference the city of Langenberg Saskatchewan is 6 miles to the west.

The potash in this area occurs as sylvite, and is contained within the Devonian Prairie Evaporite with intercepts of potash (sylvite) occuring between 800 to 1000 metres depth. Further information on the Manitoba Potash belt can be viewed at the Government of Manitoba website gov.mb.ca. There currently are known potash mines in Manitoba but the Devonian Prairie Evaporite on the Manitoba-Saskatchewan border does host at least two known potash deposits being separately explored and developed by BHP Billiton and Westen Potash.

President Mike England states "We are very excited to be increasing our land position in this prospective trend along the Manitoba-Saskatchewan border. Given the proximity to know potash deposits we feel this is an excellent location to expand on."

The technical contents of this release were approved by Geo Minerals' director and qualified person as defined by National Instrument 43-101, Marvin Mitchell.

For further information we invite you to visit us at alixresources.com.

Alix is a junior mineral exploration company focused on acquiring and developing potential world-class properties in North America.

ON BEHALF OF THE BOARD

Michael England, President

FOR FURTHER INFORMATION PLEASE CONTACT:

Telephone: 1-604-683-3995 - Toll Free: 1-888-945-4770
Facsimile: 1-604-683-3988
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