The Perch project consists of 1 claim totaling 1,682 hectares where ALX owns a 100% interest in the property. Perch straddles the northeastern margin of the Athabasca Basin and is underlain by a series of graphitic metapelites where faults zones have been identified along strike and cross-cutting the basement rocks. The depth to the unconformity in the Athabasca Basin on the Perch property is a maximum of 100 metres. Limited exploration has been conducted on the property, but previous programs have identified a 4 km long conductive trend and 2 diamond drill holes have been completed.

On November 9, 2021, ALX announced a transaction with Okapi Resources Ltd. ("Okapi") of Perth, Australia, where Okapi can purchase ALX's interest in Perch as part of a six-property transaction. Okapi is engaged in a 60-day due diligence period on the six properties that began on November 4, 2021.


  • Drill hole DDH-122 intersects 30 cm at 422 ppm U and 60 cm at 427 ppm U.
  • Drill hole DDH-121 only drilled 8.3 m and encountered anomalous Cu, Ni and Zn.
  • Historic drilling occurred outside of the sandstone margin.
  • Previous work identified 4 km conductive trend.

Proximity to Uranium Discoveries, Deposits, Mills and Mines

  • Approximately 41 km east of the Nisto Uranium Deposit.
  • Approximately 140 km east of the Fond Du Lac Uranium Deposit.

Exploration by ALX and Predecessors


ALX Uranium commissioned MWH Geo-Surveys Ltd. to complete a land based gravity survey over the main conductive trend on the property.


A ground electromagnetic geophysical survey was carried out by ALX during the winter of 2018 to further explore anomalies identified during a 2016 gravity survey with the goal of defining drill targets. A total of 22.7 line-km were surveyed using a PROMIS Horizontal Loop Electromagnetic (HLEM) system. An interpreted cross structure from inversions of the HLEM data confirmed previously-identified structural magnetic features. In addition, a conductive bright spot and other interpreted cross structures occur over a gravity high anomaly seen in the 2016 gravity survey, indicating that the anomaly may be due to possible silicification, an important form of sandstone alteration related to hydrothermal processes.