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Alexander is pleased to report that it has received notification from the Commissioner of Patents in Australia that its MetaLeach Limited (“MetaLeach”) subsidiary has been granted a Standard Patent for a Method for Leaching of a Copper-containing Ore, patent number 2011200703 (this is derived from the Australian national phase entry from the corresponding PCT/AU2008/001027 application).  The patent has a standard term of twenty years from the effective date of 11 July 2008 (being date of filing).

Alexander and Firestone Ventures Inc. are pleased to announce that Firestone has decided to advance investigating the use of AmmLeach® at its Torlon Hill project in Guatemala.  Firestone is in discussions with Alexander on proposals for further bench-scale work, column testing and a demonstration test plant designed to test further the application of the AmmLeach® process.