Alexis Appoints Mr. Jean Depatie A Director Of The Company.

TORONTO -- ALEXIS MINERALS CORPORATION (TSX VENTURE:AMC) is pleased to announce that Mr. Jean Depatie has joined the Board of Directors of the company.

Mr. Depatie has over 35 years of national and international experience in economic geology. He has worked in over 15 countries and acted as a consultant for organizations such as the United Nations, the World Bank, the Commonwealth Secrateriat, the Asian Development Bank, Banco Interamericano, the Canadian International Development Agency and Quebec's Ministry of Natural Resources. Since 1981 he has been working as president and/or vice president of mining companies. He sits on the board of directors of several mining companies including Novicourt Inc. (Noranda Group) and Glamis Gold. He is currently president of Decamine Inc, of Montreal, geoscience consultants.

Alexis shareholders will benefit from Mr. Depatie's role as a Director because of his vast experience and significant profile in the mining sector, with particular reference to his background in Quebec, where Alexis Minerals dominates exploration in the Rouyn- Noranda and Val d'Or camps.

Mr. Depatie was educated at the University of Montreal and holds a BA in math and physics, a B.Sc. in Geology, and a M.Sc. in Geology. He is the past president of the Association of Professional Geologists and Geophysicists of Quebec and recipient of the 1999 "Prix d'Excellence" awarded by the Quebec Ministry of Energy and Resources for having put in production the largest graphite mine in the world, Stratmin Graphite, in the Mont-Laurier area, Quebec.

Alexis Minerals Corporation:

Alexis Mineral Corporation is a Canadian exploration and development company listed on the TSX Venture Exchange. Alexis holds an extensive portfolio of both gold and base metal properties. Their portfolio of properties covers approximately 270 square kilometers in the Val d'Or mining camp, Quebec. Alexis has a clear route to 100% ownership in the properties and maintains an option to purchase the 1400 tpd Aurbel gold mill. The Company has also entered into option agreement with Noranda Inc. wherein Alexis will earn a 50% interest in all of Noranda's properties in the Rouyn-Noranda mining camp, Quebec. The Alexis-Noranda properties cover approximately 800 square kilometres in the Rouyn-Noranda area.

Statements in this release that are not historical facts are "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned that any such statements are not guarantees of future performance and that actual developments or results may vary materially from those in these "forward looking statements".

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Alexis Minerals Corporation (TSX VENTURE:AMC)