Alpha Exploration's Winter Program at Middle Lake, Athabasca Basin, Northern Saskatchewan has Drilling Underway
18.02.2014 | Newsfile
![Alpha Exploration's Winter Program at Middle Lake, Athabasca Basin, Northern Saskatchewan has Drilling Underway](https://www.goldseiten.de/media/goldseiten-news.jpg)
MWH Geo-Surveys Ltd. of Vernon, BC has completed an approximate 1800 station gravity survey on three different grids. Newmac Industries Ltd. of Prince Albert, SK has been contracted for a 20-hole, 2,000 m diamond drill program to test gravity, EM conductors, and geochemical (radon and helium).
The exploration target at Middle Lake is shallow, high-grade uranium mineralization hosted in basement rocks at approximately 10 to 20 meters below surface (ie. below glacial till and sediments). Drill targets are northeast (up-ice) from two historical uranium boulder and radon trains discovered in the 1970's by AREVA. The recent gravity survey has delineated prospective gravity low targets that are coincident with VTEM and historical EM conductors, favourable magnetic transitions, and geochemical (radon and helium) anomalies.
Current maps and information on Alpha Exploration and the Middle Lake property, can be found on the Company's website at www.alpha-aex.com.
About Alpha Exploration Inc.
Alpha Exploration Inc. is a mineral exploration company whose uranium experience was developed with the discovery of the Roughrider deposits and subsequently the Patterson Lake discovery in 2012 in the successful JV with Fission Uranium. The principals of the company comprise a team that were involved in the discovery and development of those world class deposits. The company started with a principal focus in the exploration and development of its Mikwam Gold property in Ontario, and that focus has been moved to development of uranium properties in the Athabasca Basin in northern Saskatchewan, Canada. Common Shares are listed on the TSX Venture Exchange under the symbol "AEX". Additional information about Alpha is available on Alpha's website at www.alpha-aex.com or under its profile on SEDAR at www.sedar.com.
The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43- 101 and reviewed on behalf of Alpha Exploration Inc., by Garrett Ainsworth, P.Geo. Vice President Exploration, a qualified person.
On behalf of the Board of Directors of Alpha Exploration Inc.
"Ben Ainsworth"
President, CEO and Director
For corporate communications please contact:
Robert (Bob) Meister
Alpha Exploration Inc.
TF: 1-866-629-8368
Email: info@alpha-aex.com
Trading Symbol: TSXV - AEX
Neither 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.
Cautionary Statement: This press release contains "forward-looking information" that is based on Alpha's current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, statements with respect to Alpha's exploration and development plans. The words "will", "anticipated", "plans" or other similar words and phrases are intended to identify forward-looking information.
Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause Alpha's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: uncertainties related exploration and development; the ability to raise sufficient capital to fund exploration and development; changes in economic conditions or financial markets; increases in input costs; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or inability to obtain permits encountered in connection with exploration activities; and labour relations matters. This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. Alpha disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise.