Alpha Exploration Inc. Completes Airborne Surveys at Hook, Kelic and Carpenter Properties
12.03.2015 | Newsfile
Vancouver, March 12, 2015 - Alpha Exploration Inc. (TSXV: AEX) ("Alpha" or the "Company") is pleased to announce that it has completed airborne geophysical surveys on each of its Hook Lake, Kelic Lake and Carpenter Lake properties located in the Athabasca Basin of northern Saskatchewan. CGG Canada Services Ltd. (formerly Fugro Geoservices Ltd.) was contracted to carry out the airborne surveys. FALCON® airborne gravity gradiometry was flown over all three properties, and included magnetic and laser scanning digital elevation survey components (see Alpha news release dated September 25, 2014). A radiometric survey was also flown over the Kelic Lake (see Alpha news release dated October 14, 2014) and Carpenter Lake properties.
Survey coverage on the three properties includes:
- Hook Lake: 987 line-km at 200 m line spacing covering approximately 10 x 14 km grid area
- Kelic Lake: 1,210 line-km at 200 m line spacing covering approximately 10 x 11.5 km grid area
- Carpenter Lake: 340 line-km at 100 m line spacing covering approximately 10 x 4 km grid area
Please refer to the Company's website for the Hook Lake, Kelic Lake and Carpenter Lake property location map and Alpha's Athabasca Basin Projects map.
Final results from these surveys are expected in the coming weeks. They will be integrated with extensive compilations of geological, geochemical and geophysical data already in hand for each property in order to refine and prioritize potential future drill targets.
About Alpha Exploration Inc.
Alpha is a 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 four of the Company's active properties. Alpha continually and proactively reviews opportunities for new properties, whether by staking, joint venture or acquisition.
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.
R. Sierd Eriks, P. Geo., VP Exploration, responsible for Alpha's exploration work, and Dr. Michael H. Gunning, Ph.D., P.Geo, President & CEO are Qualified Persons as defined by National Instrument 43-101 and have reviewed and approved the technical disclosure contained in this news release.
On behalf of the Board of Directors of Alpha Exploration Inc.
"Dr. Michael H. Gunning"
President & CEO, Chairman
For corporate communications please contact:
Robert (Bob) Meister
Alpha Exploration Inc.
info@alpha-aex.com
Trading Symbol: TSX-V — 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.