Communicators

Alexandria Intersects 2.25 g/t Au over 6.00 m in New Target at Matachewan, Ontario

Toronto, June 11, 2008 – Alexandria MineralsCorporation (TSX-V: AZX; Frankfurt: A9D) reports that it has intersected 2.25 g/tAu over 6.00 m (true width, 4.09 m) in DDH MAT-08-7 on its Matachewan, Ontarioproperty, that included an interval assaying 4.39 g/t Au over 1.50 m (truewidth, 1.09 m).

DDH MAT-08-7 tested an Induced Polarization(“IP”) anomaly, and was drilled under an historic trench whichyielded 6.3 g/t Au over 2.00 m in a channel sample taken in the 1990’s,intersecting the target at 130 m below the surface. These drill results suggestpotential for a new target on the property, and there remains 15 km of untested IP anomalies onthe property. Assay results from hole MAT-08-6, also testing an IP anomaly,which intersected deformed, altered and pyritic syenite and metasedimentaryrocks, did not yield any anomalous assay results; results are pending for theremaining two holes.

The Matachewan property straddles 10 km of theCadillac-Larder Lake Break in CairoTownship, the same regional fault zone whichunderlies the Company’s Cadillac Break properties in Val d’Or, Quebec,some 200 km to the east. These claims lie 45 km southwest of KirklandLake,where more than 30 million ounces of gold have been produced from severalmines, and has the same geology as the nearby Young-Davidson Gold Deposit,which hosts more than 2 million ounces of gold resources (Measured, Indicatedand Inferred – see Northgate Minerals Press Release, December 18, 2006).

The 4 hole drill program was designed to testgeophysical anomalies with favorable geological environments. This programmefollows up a 5 hole program the Company completed in 2005, which indicatedwidespread quartz-carbonate-pyrite alteration in and around the Cadillac-LarderLake Break. All holes from that 2005 programme intersected significantdeformation, alteration and anomalous gold contents, including DDH MAT-05-3,which intersected scattered gold-bearing intervals, up to 1.05 g/t Auover 0.70 m, hosted in the contact zone between syenite and metasedimentaryrocks.

The Company is reviewing all drill results and explorationdata, including historic drill hole DDH C-91-2, drilled by Biralger Resourcesin 1991, which intersected 0.77 g/t Au over 27 m, in order to plan the nextround of drilling on the property.

An updated plan map of theMatachewan drilling can be viewed by visiting the Company’s website.

The results presentedin this press release are exploratory in nature and have been reviewed by thecompany’s Qualified Persons, Eddy Canova,PGeo, and Dr. Eric Owens, PGeo. The drilling program employs aQuality Assurance/Quality Control program consistent with NI 43-101 andindustry best practices. Drill core is NQ-sized, and is logged, sampled andsplit at the Company’s Val d’Or office, in intervals of 0.3 meters to amaximum of 1.5 meters. The samples are recorded, bagged and sent to BourlamaqueAssay Lab in Val-d’Or for assay. Samples are analyzed for Au, Ag, Cu andZn, via a 30 gram pulp by FAA for Au and AA for Ag, Cu and Zn.Re-assays by FA gravimetric finish areperformed on samples assaying greater than 1.0 g/t Au and re-assays greaterthan 5.0 g/t Au are checked a second time by FA gravimetric finish.

Alexandria Minerals Corp. is a Toronto–based mineralexploration and development company, currently focused on the exploration forprecious metals on mineral properties located in Northern Ontarioand Quebec. The Company’s management has extensive global experience with small tolarge mining companies, from grass-roots exploration to the exploitation ofmineral deposits. The Company is a reporting issuer in the provinces of British Columbia, Albertaand Ontario.

WARNING:The Company relies upon litigation protection for "forward-looking"statements. ThisNews Release may contain forward-looking statements including but not limitedto comments regarding the timing and content of up-coming work programs,geological interpretations, receipt of property titles, potential mineralrecovery processes, etc. Forward-looking statements address future events andconditions and therefore involve inherent risks and uncertainties. Actualresults may differ materially from those currently anticipated in suchstatem

PLEASE CONTACT
Coal Harbor Communications
Dale Paruk
Tel: 1+ (604) 662-4505
Toll-free: 1+ (877) 642-6200 info@coal-harbor.com

Alexandria Minerals Corporation
Eric Owens (416) 363-9372
www.azx.ca
info@azx.ca


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


Dale Paruk
Coal Harbor Communications, Inc.
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Tel: 604-662-4505
Fax: 604-662-4547
dale@coal-harbor.com

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