Alexandria Minerals Corporation (TSX VENTURE:AZX) (FRANKFURT:A9D) (PINKSHEETS:
ALXDF) is pleased to provide an update on its activities which will focus on a
10,000 m drill program on its Cadillac Break property package in Val d'Or
Quebec. This drill program is intended to test targets developed from the
Company's geophysical and drilling activities completed this past winter and
spring. 


Since last October 2013, Alexandria has completed a series of surface
geophysical (Induced Polarization, "IP") surveys covering 18 square-km (180
hectares). These surveys were conducted over Alexandria's Akasaba, Valdora,
Oramaque, Annamaque, and Ducros projects, as well as a downhole, Hole-to-Hole IP
survey below the historic Akasaba mine. Additionally, Alexandria completed an
8,148 m drill program on its Akasaba, Valdora and Sleepy projects. All of these
activities have provided Alexandria's geologists with an abundance of strong
drill targets for the Company's next phase of drilling.


The main objective of this work is to expand its exploration drilling program
beyond Akasaba as it seeks to discover more gold-base metal mineralization
similar to that underlying the Akasaba Au-Cu project. Alexandria geologists
discovered a significant gold-copper resource at Akasaba which, in February
2013, was the fourth largest deposit in Val d'Or. 


Alexandria is encouraged that the geological characteristics observed at Akasaba
also underlie most of the western half of its 35 km-long Cadillac Break group of
properties. The Company further notes that the geology has similarities to that
of the Bousquet-Doyon-La Ronde district, a 7 km-long gold district which has
produced some 26 million ounces of gold 45 km west of Alexandria's properties.


The IP surveys on the Akasaba Au-Cu project have already yielded excellent drill
targets below and along strike with the resources in this vicinity. As such, the
Company will begin drilling on these targets in mid-June, with 6 new holes
planned, as well as extending 3 pre-existing holes to depth. Company geologists
continue to interpret the rich geophysical results from the IP surveys covering
the western part of the property package at Ducros and Oramaque with the
expectation of identifying additional targets. 


The Company continues to compile the more than 80 years of exploration data on
the property package, which is now more than 65% complete. This has allowed
Company geologists to view and reinterpret this information within a modern
context as it plans new drill targets. 


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. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Alexandria Minerals Corporation
Eric Owens, PGeo, President/CEO
416-363-9372


Mary Vorvis - Vice-President Corporate Development
& Investor Relations
416-305-4999
www.azx.ca
info@azx.ca