Alexandria Minerals Corporation (TSX
VENTURE:AZX)(FRANKFURT:A9D)(PINKSHEETS:ALXDF) is pleased to report on its
ongoing 10,000 m drill program on its Akasaba, Orenada, Ducros and Oramaque
projects in Val d'Or, Quebec. A principal goal of this program is to expand
gold-base metal mineralization beyond its resource base at Akasaba by testing
significant new geophysical and geologic targets. 


The drilling campaign is in its early stages, currently on the Company's Akasaba
project in Val d'Or, where it is testing geophysical anomalies in and along
strike with the Akasaba Mine, where the company discovered and built significant
gold-copper resources over the period of 2010-2014 (See Press Release February
7, 2013). 


For the second half of the drilling program, Company geologists are prioritizing
drill hole targets on the Orenada, Ducros and Oramaque properties, located 6 km
west of the Akasaba project, following the completion of a 69 km surface Induced
Polarization survey in the winter.


This portion of the drilling program will focus on testing IP targets coincident
with known gold and base metal prospects in a geological environment very
similar to that found at Akasaba, namely, in and around the edges of granitic
intrusions. Historical drill hole assays from this area to be followed up on
include the following:




--  Hogg Zone - 0.14% Cu and 8.4 g/t Au over 10.2 m 
--  Orenada Zone 5 - 1.0 % Cu and 1.9 g/t Au over 8.8 m 
--  Ducros Zone 1 - 0.23% Cu over 209 m, including 185 ppm Mo over 164 m 
--  Ducros Zone 2 - 0.49% Cu over 23.3 m 
--  D'Aragon - 1.4% Cu over 6.7 m 
--  East Porphyry Zone - 0.48% Cu and 0.19 g/t Au over 13.7 m 
--  Faraday South - 9.3 g/t Au over 0.3 m 



In addition to these prospects, potentially significant resources and
past-producing mines also occur near the granitic intrusion, including the gold
resources at Alexandria's Orenada Zones 2 and 4, as well as the past producing
Mid-Canada Mine (77,778 tonnes grading 7.11 g/t Au and 0.21% Cu produced).


Significantly, Alexandria is re-logging and re-sampling the core from a number
of historic holes from previous explorers which have not previously been
adequately sampled.


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. 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 three producing gold mines in
the region, owns roughly 9% 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
Eric Owens, PGeo
President/CEO
416-363-9372


Alexandria Minerals Corporation
Mary Vorvis
Vice-President Corporate Development & Investor Relations
(416) 305-4999
info@azx.ca
www.azx.ca

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