Alpha Initiates Airborne Surveys at Hook and Kelic Properties, Athabasca Basin, Saskatchewan
September 25, 2014 (Source: Newsfile) — ALPHA EXPLORATION INC. (TSXV: AEX) (“Alpha” or the “Company“) is pleased to announce that it has executed a contract for airborne geophysical surveys on each of its Hook Lake and Kelic Lake properties located in the southern Athabasca Basin of northern Saskatchewan. Work is expected to commence next week with the final surveys scheduled for later in October.
CGG Canada Services Ltd. (formerly Fugro Geoservices Ltd.) has been contracted to carry out the FALCON® airborne gravity gradiometer survey on both properties, which will include magnetic and laser scanning digital elevation components. A radiometric survey will also be flown on the Kelic Lake property. Coverage includes:
- Hook Lake: 987 line-km’s at 200m line spacing covering roughly 10x14km grid area
- Kelic Lake: 1,200 line-km’s at 100m line spacing covering roughly 10x10km grid area
Please see the company’s website at www.alpha-aex.com for survey area location maps.
Results from these surveys are expected in November. They will be integrated with an extensive compilation of geological, geochemical and geophysical data already in hand for both properties in order to refine and prioritize potential drill targets. Details for upcoming winter exploration will be provided once programs and budgets are proposed and approved.
About Alpha Exploration Inc.
Alpha is a junior mineral exploration company focused on uranium in the Athabasca Basin in northern Saskatchewan, Canada. Its common shares are listed on the TSX Venture Exchange under the symbol “AEX”. The Company actively explores a portfolio of early-stage properties, and continually and proactively reviews opportunities for new properties, whether by staking, joint venture or acquisition.
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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 NI 43-101 and reviewed and approved on behalf of the Company by Dr. Michael H. Gunning, PhD, PEng, PGeo, a qualified person.
On behalf of the Board of Directors of Alpha Exploration Inc.
Interim CEO and Chairman
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.
Raj Shah has professional experience working for over a half a dozen years at financial firms such as Merrill Lynch and First Allied Securities Inc., ... <Read more about Raj Shah>