AIX

ALIX RESOURCES CORP. ("Alix" or the "Company") (TSX VENTURE:AIX)(FRANKFURT:37N)
announces it is reassessing claims held in its portfolio located in the Rankin
Inlet area of Nunavut based on the recent success of Northquest Ltd.; Northquest
announced drilling 164.41 m of 5.39 g/t Au at Pistol Bay located approximately
60 kilometres south of Rankin Inlet and 80 kilometres south of the Meliadine
Project of Agnico Eagle Mines (2.9 million ounces at a grade of 7.2 grams gold
per tonne). (see NQ press release dated Sept 6, 2012). Alix's Cache Gold
property consists of 120 ha of early-stage Archean Lode-gold prospects located
within the Ennadai-Rankin Greenstone Belt in the Kaminak-Quartzite Lake area,
150 km southwest of Rankin Inlet, Nunavut (approx. 90 kilometres south of
Northquest's Pistol Bay). 


Alix is currently assembling an on the ground site inspection survey and
reconnaissance work program on the Cache Project, anticipated to begin in late
September, 2012, weather permitting.


Five holes were drilled in 1994 by Cyprus Canada for a total of 2,211.2 m on the
Cache showing. Highlighted intersections include 6.36 g/t Au over 30.4 m, 2.42
g/t Au over 12.4 m, 8.53 g/t Au over 10.8 m (see Northern Miner article, July
4th, 1994). In 1988, 18 diamond drill holes were completed on the Cache showing
(14 holes) and its inferred extension (four holes) for a total of 4,008.9 m.
Several gold-anomalous zones were intersected and a series of four stacked
horizons over 200 m strike length was roughly delineated. Sample intersections
include: 8.37g/t Au over 8.55 m, 10.70 g/t Au over 3.85 m and 5.91 g/t Au over
5.13 m. 


Based on the 1988 drill program, Noble Peak Resources calculated an
internal112,000 tr. oz. gold resource(i) estimate of 362,873.9 T grading 9.6 g/T
Au to a depth of 183 m over a strike length of 213 m. 


(i)This Cache Gold Property calculation was completed prior to N.I. 43-101 and
therefore was not done to N.I. 43-101 standards A qualified person has not
completed sufficient work to classify the historical estimate as current mineral
resources, and the issuer is not treating the historical estimate as current
mineral resources and the historical estimate should not be relied upon. The
reader is cautioned that the above results are subject to potential changes
subsequent to update exploration work. 


The Cache Gold property is underlain by an E-W trending package of mafic to
felsic volcanic rocks to the north, and a quartz-feldspar porphyritic intrusion
to the south. Mafic volcanic rocks crop out in most northern part of the
property. 


The technical contents of this release were approved by Paul D. Gray, P.Geo.,
Technical Advisor to Alix Resources and qualified person as defined by National
Instrument 43-101. 


Alix Resources is a junior exploration company actively seeking mineral and
energy opportunities for the benefit of all our stakeholders. For further
information we invite you to visit us at www.alixresources.com.


ON BEHALF OF THE BOARD

Michael England, President 

Forward-Looking Statement: 

Some of the statements in this news release contain forward-looking information
that involves inherent risk and uncertainty affecting the business of Alix
Resources Corp. Actual results may differ materially from those currently
anticipated in such statements.

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