Alexandria Minerals Corporation announced that Robert Geis has been appointed to its Board of Directors, subject to the approval of the TSX Venture Exchange. Mr. Geis is currently First Vice President, Research, and gold analyst of Aletheia Research and Management Inc.

Alexandria also announced that it is in the final stages of its first metallurgical study on its Akasaba project in Val d'Or, Quebec. Located on the Company's 35-km long Cadillac Break Property group, the Akasaba project is Alexandria's gold exploration project, where the company has focused its efforts over the past few years. Alexandria has completed 57,300 m of drilling on the project to-date, expanding the historical gold deposit from 200 m long by 100 m deep, to a Current Resource that is 1,000 m long by 500 m deep. On March 27, 2012, the Company announced its first National Instrument Resource estimate on the project. The Company has further expanded on this resource since March through the multi-hole discovery of the West gold-copper zone, 500 m west of the Current Resource, with assay results up to 1.18 g/t Au, 0.70% Cu, and 3.04 g/t Ag over 118.80 m at shallow depths and, separately, by intersecting 5.59 g/t Au over 24.00 m, including 12.48 g/t over 8.20 m at a vertical depth of 600 m, roughly 100 m below the Current Mineral Resource. These results further confirm the growth potential of this project and Alexandria's commitment to it. Currently, the Company's drilling program is on a 2 week break; drilling will resume later in October. Assay results are pending from 7 holes completed to-date on its Akasaba project.