ALX Resources Corp. announced the remobilization of its lithium exploration crew to the western area of the Hydra Lithium Project ("Hydra") located in the Eeyou Istchee-James Bay region of Quebec, Canada. Hydra is the subject of a 50%-50% joint venture between ALX and Forrestania Resources Limited ("Forrestania") formed to explore for lithium-cesium-tantalum ("LCT") bearing pegmatites, with ALX as operator.

ALX resumed surface exploration in the northeastern area of Hydra at the Python East and Python West sub-projects in the third week of August 2023. A total of 37 samples were collected from outcrop and boulders during the Python East and Python West work programs, all of which are currently in shipment. Following the conclusion of the prospecting program in the eastern Hydra area, ALX's geological team mobilized back to the western Hydra area and began surface exploration at the Cobra and Viper projects on September 5, 2023.

Exploration in the western area of Hydra was halted on June 4, 2023 by order of the Government of Quebec due to the high forest fire risk, a restriction which has now been lifted due to increased rainfall in the region. ALX geologist sampling outcrop at Python East, August 2023. Exploration at the Cobra, Viper, Nike, Echo and Sprite sub-projects is planned to continue until the commencement of the annual moose hunting season by the Cree Nation of Wemindji, which occurs from September 15th to October 15th.

ALX's uranium holdings in northern Saskatchewan include 100% interests in the Gibbons Creek Uranium Project, the Sabre Uranium Project, the Bradley Uranium Project, and the Javelin and McKenzie Lake Uranium Projects, a 40% interest in the Black Lake Uranium Project (a joint venture with Uranium Energy Corporation and Orano Canada Inc.), and a 20% interest in the Hook- Carter Uranium Project, located within the uranium-rich Patterson Lake Corridor with Denison Mines Corp. (80% interest) as operator of exploration since 2016. ALX also owns 100% interests in the Firebird Nickel Project (now under option to Rio Tinto Exploration Canada Inc., who can earn up to an 80% interest), the Flying Vee Nickel/Gold and Sceptre Gold projects, and can earn up to an80% interest in the Alligator Lake Gold Project, all located in northern Saskatchewan, Canada.

ALX owns, or can earn, up to 100% interests in the Electra Nickel Project and the Cannon Copper Project located in historic mining districts of Ontario, Canada, the Vixen Gold Project (now under option to First Mining Gold Corp., who can earn up to a 100% interest in two stages), and in the Draco VMS Project in Norway.