AZX Alexandria Minerals Corporation

Alexandria Minerals Corporation (TSX
VENTURE:AZX)(FRANKFURT:A9D)(PINKSHEETS:ALXDF) is pleased to report on the final
assay results from the winter's drill program on its Valdora property in Quebec,
including high grade results from 3 drill holes in the northern part of the
property. Company geologists are interpreting these assay results in conjunction
with past assay results as part of its planning for follow-up drilling.


Alexandria also wishes to announce the appointment of Philippe Berthelot, PGeo,
as Vice President, Exploration. Mr. Berthelot has more than 28 years of
experience in the mining and exploration industry with well-known companies such
as Aur Resources, Ressources Cartier and Alexis Minerals. He was instrumental in
the discovery of the Grevet deposit (which eventually became the Langlois Mine),
and in the delineation and growth of the Desjardins Discovery, Lac Pelletier and
Jolin gold deposits in Quebec. In addition to his broader knowledge, he brings
considerable expertise to Alexandria as a result of his extensive prior
experience with Alexandria's properties in the Val d'Or area.


Eric Owens, President and CEO, stated, "We welcome Philippe to an efficient,
energetic and motivated team that has made considerable progress over the last
two years in difficult markets. Most significant was our discovery and sale of
the West Zone to Agnico Eagle. As a result, Alexandria is well-positioned for
growth, with $5.5 million in the bank, and Philippe will be important in this
growth going forward."


On the exploration front, final assay results have been received from the
Company's winter time 9,368 m diamond drilling program on the Akasaba and
adjacent Valdora projects. Specifically, on its Valdora property, high grade
mineralization has been intersected in the following drill holes:




 VAX-13-007   4.11 g/t Au over 0.60 m in a broader zone assaying 0.58 g/t Au
              over 10.20 m                                                  
 VAX-13-008   14.00 g/t Au over 0.30 m and, separately, 11.20 g/t Au over   
              0.90 m                                                        
 VAX-13-009   3.42 g/t Au over 1.00 m                                       



The winter drill campaign was the first by Alexandria to test these target areas
on the Valdora property, and represents its intent to broaden its program to
find more Akasaba-like Au-Cu mineralization over a larger part of the Company's
35 km long Cadillac Break Group of properties. Previously announced results from
this winter program elsewhere on Valdora include 142.50 g/t Au over 0.3 m and
5.29 g/t Au over 4.0 m (Press Release, February 20, 2014). Together with the
recently completed IPower3D Induced Polarization survey, Alexandria geologists
are planning follow-up drilling targets.


The Valdora property lies to the north and west of the Akasaba property, and is
underlain by geology similar to that at Akasaba, with much the same geophysical
characteristics. A number of companies have conducted exploration activities on
the property since the 1930's, resulting in historical drill assays such as 4.8
g/t over 8.8 m including 29.2 g/t Au over 0.6 m and 26.6 g/t over 0.9 m, 5.8 g/t
over 3.8 m including 42.6 g/t Au over 0.5 m, 7.3 g/t Au over 3.1 m and 2.2 g/t
Au over 15.2 m including 9.0 g/t Au over 3.1 m from six east-west trending
target areas on the property. Alexandria is committed to advancing its drilling
program on this property as the Company strongly believes that there is more
gold to be found that replicates these historical assays. 


Elsewhere, the Company has been conducting a 4,000 m drill program on its Sleepy
deposit, located 12 km east of the Valdora and Akasaba projects, as well as a
102 line-km Induced Polarization survey on the western portion of its Cadillac
Break group of properties. Results are pending for both the drilling and
geophysics.


Program design, management, and Quality Control/Quality Assurance are governed
by Alexandria's exploration group of which Philippe Berthelot, P.Geo, is the
Company's Qualified Person. Mr. Berthelot has reviewed the results in this press
release. All exploration work on the property is conducted under the direct
supervision of Mr. Berthelot and Emilie Batailler P.Geo. The QA/QC program is
consistent with NI 43-101 and industry best practices and has been previously
addressed in the NI 43-101 Technical Report on the Cadillac Break properties
(February 2008) as well as in subsequent NI 43-101 reports found on the
Company's website or on www.sedar.com.


Further information about the Company is available on the Company's website,
www.azx.ca, or our social media sites listed below:


Facebook:
https://www.facebook.com/pages/Alexandria-Minerals-Corporation-AZXTSXV/186115074772628


Twitter: https://twitter.com/azxmineralscorp

YouTube: http://www.youtube.com/AlexandriaMinerals

Flickr: http://www.flickr.com/alexandriaminerals/

About Alexandria Minerals Corporation

Alexandria Minerals Corporation is a Toronto-based junior gold exploration and
development company with one of the largest portfolio of properties along the
prolific, gold-producing Cadillac Break in Val d'Or, Quebec. Global gold
resources are distributed between three projects on its Cadillac Break Property
package, Akasaba, Sleepy, and Orenada, the details of which can be found on the
Company's website at www.azx.ca. The Company is currently focused on advancing
its Akasaba project. Agnico-Eagle Mines Ltd., with two producing gold mines in
the region, owns roughly 10% of the Company.


WARNING: This News Release may contain forward-looking statements including but
not limited to comments regarding the timing and content of up-coming work
programs, geological interpretations, receipt of property titles, potential
mineral recovery processes, etc. Forward-looking statements address future
events and conditions and therefore involve inherent risks and uncertainties.
Actual results may differ materially from those currently anticipated in such
statements. Alexandria Minerals Corporation relies upon litigation protection
for forward-looking statements.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Alexandria Minerals Corporation
Mary Vorvis
Vice President, Corporate Development
416-305-4999


Alexandria Minerals Corporation
Eric Owens, PGeo
President/CEO
416-363-9372
info@azx.ca
www.azx.ca

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