Alpha -- Noka Commence Radon Survey at Carpenter Lake Property, Athabasca Basin, Saskatchewan
March 04 2014 - 7:32AM
ALPHA EXPLORATION INC. ("
Alpha"
or the "
Company") (TSX-V:AEX) is pleased to
announce that a radon in lake water and sediment survey has begun
at Carpenter Lake, Athabasca Basin, Saskatchewan as part of Alpha's
Option Agreement to earn a 60% interest in the Carpenter Lake
Property from Noka Resources Inc. (TSX-V:NX). The radon survey will
test electromagnetic (EM) conductors that were confirmed in a
recently completed airborne VTEM and magnetic survey by Aeroquest
International Limited. This is the same technology that the Alpha
JV used in the discovery of high-grade uranium mineralization at
Patterson Lake South. The radon survey will be conducted by RadonEx
Exploration Management of St. Lazare, Quebec, and will comprise
approximately 1,000 sample locations over a 16 km strike length of
the Cable Bay Shear Zone (CBSZ) on the 20,637 hectare Property.
Preliminary interpretation of the recently flown VTEM and
magnetic survey shows numerous offset and disrupted EM conductors
within the CBSZ that are associated with cross cutting structures
depicted by magnetic lineaments. Graphitic shear zones (often seen
as EM conductors) that are cross-cut by faults are seen as the
critical framework for the required fluid paths for uranium
emplacement. Detailed radon in lake water and sediment sampling
will focus on these structural junctions.
Lake sediment samples recovered for radon analysis will also be
submitted to SRC Geoanalytical Laboratories (an SCC ISO/IEC 17025:
2005 Accredited Facility) of Saskatoon for analysis, which includes
a 63 element ICP-OES, and uranium by ICP-MS.
Radon sampling is anticipated to be completed in four to five
weeks with additional work for the spring and summer 2014 being
planned. This includes a detailed high-resolution airborne gamma
radiation spectrometric survey (radiometrics), which has a
demonstrated capability to locate near surface uranium boulders,
followed by ground prospecting and geochemical sampling.
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 South
discovery in 2012 via Alpha's 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. |
Email: info@alpha-aex.com |
Trading Symbol: TSX-V –
AEX |
Frankfurt: E2GA |
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.
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