Alpha Exploration Outlines Initial Work Programme for 2014
19.12.2013 | Newsfile
Vancouver, Dec. 19, 2013 - Alpha Exploration Inc. (TSXV: AEX) ("AEX" or the "Company") is pleased to report the following work programmes on its portfolio of properties for 2014:- Mikwam Gold - A review of the multiple geophysical surveys completed over the property, will be executed, including VTEM, tri-sensor magnetic and XDS VLF-EM Airborne. The objective of this work is to better define the stratigraphy of the host rocks and fold axes, and fault planes that may assist in an initial property scale structural analysis for the purpose of targeting a further phase of drilling in 2014.
- Cluff Lake Area - Middle Lake: Camp construction for gravity survey to assist in the targeting of drill holes in two priority areas associated with VTEM conductors and radon anomalies situated up-ice from historical high grade uranium boulders. Diamond drilling of 2,000 m in 20 holes is scheduled to start in early February;
- Cluff Lake Area - Gorilla Lake: Radon in soil gas and water surveys by RadonEx at Gorilla Lake are to be conducted west of previously drilled uranium intercepts; and
- Hook Lake - core logging and resampling of core for isotope studies to identify possible ancient radon pathways in fault structures.
The Company has also set its committees for audit, compensation and governance, and technical matters.
The Company would also like to announce that the $1.75-million flow-through and $1.25-million non-flow-through financing announced yesterday has been fully subscribed and will top up the treasury to approximately $6-million. The Company expects to close the flow-through financing on or before December 31, 2013.
Further information can be found on the Company's website which is www.alpha-aex.com.
On behalf of the Board of Directors of Alpha Exploration Inc.
"Ben Ainsworth"
President, CEO and Director
For corporate communications please contact:
Alpha Exploration Inc.
Robert (Bob) Meister
Phone: (604) 629-0293
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.
Forward Looking Statements: Statements contained in this news release that are not historical facts are forward-looking statements, which are subject to a number of known and unknown risks, uncertainness and other factors that may cause the actual results to differ materially from those anticipated in our forward looking statements. Although we believe that the expectations in our forward looking statements are reasonable, actual results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.