Alexandria Minerals Corporation announced that the newly completed mineral resource estimate at Orenada comprises 3,754,000 tonnes of indicated mineral resources with an average grade of 1.61 grams of gold per tonne ('g/t Au') for 194,522 ounces of contained gold and 2,079,000 tonnes of inferred mineral resources with an average grade of 1.89 g/t Au for 126,259 ounces of contained gold. Orenada Zone 4: Updated indicated mineral resource of approximately 3.75 million tonnes with an average grade of 1.61 g/t Au for 194,522 oz of contained gold and an updated inferred mineral resource of 1.19 million tonnes with an average grade of 1.92 g/t Au for 73,710 oz of contained gold. Orenada Zone 2 and 4: Updated total inferred mineral resource of 2.08 million tonnes with an average grade of 1.89 g/t Au for 126,259 contained ounces. The updated resource was modelled using detailed geological wire frames of mineralized structures and consisted of both an open pit (0.4 g/t Au cut-off) and underground mining scenario (2.0 g/t Au cut-off). There is potential to extend the resource towards the western extension of the Orenada resource. The updated resource report will be thoroughly evaluated within the context of the additional 6,500 un-assayed samples and historical results that the company has in its possession before any future drilling decisions are made.