Alexandria Reports High-Grade Gold Assays from Final 8 Holes of Winter-Spring Drill Programme -- Expectations Fully Met

Alexandria Minerals Corp.

TORONTO, ONTARIO--(Marketwired - Aug. 2, 2017) - Alexandria Minerals Corporation (TSX VENTURE:AZX)(OTCQB:ALXDF)(FRANKFURT:A9D) ("AZX" or the "Company") today announced excellent assay results from the final eight holes of the Company's winter-spring drill programme at Orenada Zone 4, which is located seven kilometres southeast of Val d'Or, Quebec. These assays include 4.21 g/t gold over 10.45 metres in DDH OAX-17-89, with near-surface intersections such as 53.40 g/t gold over 0.50 metres.