Alpha Exploration Inc. Announces Drill Program at Donna Gold Property
26.11.2014 | Newsfile
![Alpha Exploration Inc. Announces Drill Program at Donna Gold Property](https://www.goldseiten.de/media/goldseiten-news.jpg)
The Donna Gold property is 100% owned by Alpha and is currently under option to Interconnect Ventures ("IVC"), whereby the Company has granted IVC an option to acquire a 70-per-cent interest in the Property. IVC has contracted Discovery Consultants and Dorado Drilling Ltd. to carry out the diamond drill program. It is anticipated that 500 metres of drilling will be completed.
The property lies within one of the largest clusters of anomalous values in gold and typical associated pathfinder elements identified in the British Columbia Regional Geochemical Surveys stream sediment program carried out in the joint Federal - Provincial programs from 1985 -1990, with a detailed report published in 1991. Mapping and prospecting were completed this summer in the inferred source area of the stream sediment anomalies, and an IP survey and a diamond drill program have been permitted. The drill program will target resistivity anomalies outlined by the IP survey, prioritized based on integrated geochemical associations.
About Donna Gold Property
The Donna property is located in south central British Columbia in the Monashee Mountains approximately 65 km east of Vernon, BC. The property is a contiguous block of 7 mineral claims covering 2,298 ha.
Please see the Company's website at www.alpha-aex.com for details of the option agreement, property location maps, and summary exploration figures.
About Alpha Exploration Inc.
Alpha is a junior mineral exploration company focused on uranium in the Athabasca Basin in northern Saskatchewan, Canada. The Company is based in Vancouver and its common shares are listed on the TSX Venture Exchange under the symbol "AEX". Alpha is well financed to actively explore a portfolio of early-stage properties. Technical reports are available on SEDAR (www.sedar.com) for three of the Company's active properties. Alpha continually and proactively reviews opportunities for new properties, whether by staking, joint venture or acquisition.
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 has been reviewed and approved on behalf of the Company Mr. Thomas H. Carpenter, PGeo, of Discovery Consultants, a qualified person.
On behalf of the Board of Directors of Alpha Exploration Inc.
"Michael Gunning"
Interim CEO and Chairman
For corporate communications please contact:
Robert (Bob) Meister
Alpha Exploration Inc.
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.
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.