Alexandria Appoints Miranda as Chief Financial Officer

TORONTO, Sept. 28, 2011 /PRNewswire/ - Alexandria Minerals Corporation (TSX-V: AZX; Frankfurt: A9D) is pleased to report that it has appointed Mr. Mario Miranda as Chief Financial Officer, replacing outgoing CFO John Francis, effective today.

Eric Owens, President and CEO of Alexandria Minerals said, "We are very pleased that Mario has joined the team, and saddened that John Francis has decided to move on to other activities. We wish John well in his endeavours."

Mr. Miranda is a Chartered Accountant with extensive experience in the resources industry and has held various senior financial positions including Chief Financial Officer at Alturas Minerals Corp., where he concurrently continues in this role; former Chief Financial Officer at Lake Shore Gold Corp and White Pine Resources Inc.; and Interim Director for Financial Reporting for Kinross Gold Corporation. He is a member of the Ontario Institute of Chartered Accountants (ICAO). Fluent in English, French and Spanish, Mr. Miranda is a graduate of McGill University (Graduate Diploma in Public Accounting) and has an undergraduate degree in Economics from Concordia University (BA).

Separately, the Company has embarked on an extensive 12-week radio and Internet campaign, begun in September, 2011, with NYC Radio, LLC. Through the course of the campaign, Alexandria Minerals will be featured on the Larry Kudlow radio program on WABC in New York City, as well as on various syndicated radio programs that are heard in over 400 U.S. cities.

About Alexandria Minerals Corporation

Alexandria Minerals Corporation is a Toronto-based junior gold exploration and development company with one of the largest property packages along the prolific, gold-producing Cadillac Break in Val d'Or, Quebec. The Company is currently focused on advancing its Akasaba gold-silver project, and has two NI 43-101 compliant gold resources: at Orenada, at a 0.5 g/t cutoff, the company has delineated 446,000 ounces of gold (Measured and Indicated), and 302,000 ounces of gold (Inferred); at Sleepy, the Company has delineated 150,000 ounces of gold (Inferred). Agnico-Eagle Mines Ltd., who has three producing gold mines in the region, owns roughly 10% of the Company.

WARNING: This News Release may contain forward-looking statements including but not limited to comments regarding the timing and content of up-coming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Alexandria Minerals Corporation relies upon litigation protection for forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Alexandria Minerals Corp.