AZX Alexandria Minerals Corporation

Alexandria Minerals Corporation (TSX
VENTURE:AZX)(FRANKFURT:A9D)(PINKSHEETS:ALXDF) is pleased to report on
preliminary results from the recently completed, down-hole Induced Polarization
("IP") Survey on its Akasaba property. Survey results yielded several strong
targets on both the main Akasaba Mine Trend and the nearby parallel North Zone,
adding to high priority drill targets in preparation for this summer's drill
program.


The principal geophysical targets on the main Akasaba and North Zones are up to
400m long along strike, open to the east, and open at depth. The anomalies,
located below and to the east of the Akasaba Current Resources, are similar to
those intersected by previously completed gold-bearing drill holes that contain
11.35 g/t Au over 6.0 m, 6.19 g/t Au over 5.05 m, and 4.69 g/t over 5.00 m (see
Figures 1 and 2 below).


To view Figure 1, please visit the following link:
http://media3.marketwire.com/docs/Figure1_AZX.pdf. 


Eric Owens, President and CEO, stated "These are very encouraging results, and
we are looking forward to testing these targets with drill holes. Through
geophysical surveys and this past winter's drilling, we have generated several
strong targets for this summer's 10,000 m drill campaign in an effort to build
on our existing gold resources. We are still awaiting further geophysical
results and drill assay results, which should provide further targets for
testing."


To view  Figure 2, please visit the following link:
http://media3.marketwire.com/docs/Figure2_AZX.pdf. 


The borehole geophysical (Hole-to-Hole Resistivity/IP) survey was conducted
during the winter by Abitibi Geophysics. The survey was designed to investigate
potential targets at depth around the Akasaba Current Resources. The survey used
a conventional induced polarization technique, with a borehole-to-borehole array
based on 19 pairs of holes. Once all the data combinations are collected, a 3D
inversion uses all the readings simultaneously in order to estimate the location
and volume of the anomalies. Validation of the geophysical results are provided
by past Alexandria drill hole assays, which show excellent correlation between
well mineralized gold-bearing zones and strong Induced Polarization anomalies.


Elsewhere, the Company is awaiting assay results from the recently completed
4,000 m drill program on its Sleepy project, located 12 km east of the Akasaba
project.


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 Emilie Batailler P.Geo and Philippe Berthelot. 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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