ALEXIS MINERALS CORPORATION

Alexis Minerals Corporation announce that the refurbishment of its wholly owned Aurbel Gold Mill, located just 1 kilometre from its Lac Herbin Gold Mine near Val d’Or, Quebec, is advancing on schedule and within budget. A total of approximately $1.9 million has been spent since the work began in July. With startup still on schedule for early January, a total project cost of $5.5 million is forecasted. The work is approximately 50 - 60% completed overall since the project started in July 2009.