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AMW Alpha Minerals

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Share Name Share Symbol Market Type
Alpha Minerals TSXV:AMW TSX Venture Common Stock
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Alpha Minerals JV Intersects Largest Accumulation of Total Composite Mineralization to Date at PLS

09/10/2013 8:00am

Marketwired Canada


Alpha Minerals Inc. (TSX VENTURE:AMW)(FRANKFURT:E2GA) (the "Company" or
"Alpha"), and its 50% Joint Venture partner Fission Uranium Corp are pleased to
announce results for drill hole PLS13-099 on line 960E, which is the easternmost
hole of the R945E zone. With 144.0m total composite mineralization, including
8.0m total composite off-scale radioactivity, the new hole represents the
largest accumulation of mineralized intervals in any drill hole at PLS to date.
Of additional note, the PLS discovery now has high-grade mineralization on
trend, along a strike length of 1.035km. 


PLS13-099 Drilling Highlights include:



--  144.0m total composite mineralization within 180.0m section (101.0m -
    281.0m) 
--  8.0m of total composite off-scale (greater than 9999 cps) radioactivity
    in several discrete intervals ranging from 0.1m to 1.7m each (169.5m -
    257.0m) 
--  Extends on trend strike length of PLS discovery to 1.035km



Composited uranium mineralized intervals are summarized in Table 1 below.
Samples from the drill core are split in half on site. Where possible, samples
are standardized at 0.5m down-hole intervals. One-half of the split sample is
sent to the laboratory for analysis and the other half remains on site for
reference. All depth measurements reported, including sample and interval widths
are down-hole, core interval measurements and true thickness are yet to be
determined.


R945E Zone:

The R945E zone discovery was the result of follow-up by drilling of a radon in
water anomaly identified during the Phase 2 EIC radon in water and sediment
survey completed during April 2013 by RadonEx. The radon anomaly is the
strongest radon in water anomaly to date (see News Release May 6, 2013). This
anomaly lies along an ENE trend, parallel to the PL-3B EM conductor. To date,
four holes have been drilled into the R945E zone, including PLS13-099 and all
four holes have been well mineralized over significant widths. With 144.0m of
total composite mineralization, PLS13-099 represents the widest accumulation of
mineralization in the R945E zone.


Hole PLS13-099 (line 960E) was collared as a vertical hole and completed to a
depth of 368.0m. The hole is located approximately 15m grid east of hole
PLS13-084 (18.0m of mineralization with 2.7m total composite off-scale - see
news release August 15, 2013). A total of 5 discrete intervals of variably
moderate to strongly radioactive mineralization occurred within a 180.0m section
(101.0m to 281.0m) in widths ranging from 1.0m to 105.0m. Three of these
intervals contain discrete intervals of off-scale (greater than 9999 cps)
radioactivity from 0.1m to 1.7m wide, for a total measured composite of 8.0m of
off-scale radioactivity. Basement bedrock was encountered at 59.8m below the
surface. The upper part of the lithologic sequence (59.8m to 105.4m) is
comprised of a quartzitic gneiss. From 105.4m to 270.1m a pelitic gneiss
dominates with local narrow intervals (up to 7.4m wide) of undifferentiated
mylonite and cataclasite, transitioning to a semi-pelitic gneiss from 270.1m to
the end of hole depth of 368.0m. Moderate chlorite alteration is present
throughout the hole, with hematitic clay dominating from 168.5m to 230.7m.
Sulphide bearing intervals occur from 213.5m to 221.0m.




Table 1                                                                     
R945E                                                                       
----------------------------------------------------------------------------
                                      (i) Hand-held Scintillometer          
                                         Results On Mineralized             
                                                Drillcore                   
               (ii) Hole        (greater than 300 cps / greater than 0.5M   
               Location                         minimum)                    
          ------------------------------------------------------------------
              Grid              From      To   Width                        
Hole ID       Line   Az  Dip     (m)     (m)     (m)          CPS Peak Range
----------------------------------------------------------------------------
PLS13-099     960E  196  -88   101.0   105.5     4.5    less than 300 - 640
                               108.5   213.5   105.0 less than 300 - greater
                                                                   than 9999
                               222.5   253.0    30.5 less than 300 - greater
                                                                   than 9999
                               256.5   257.5     1.0 500 - greater than 9999
                               278.0   281.0     3.0    less than 300 - 1000
----------------------------------------------------------------------------

Table 1                                                
R945E                                                  
-------------------------------------------------------
                 Devonian       Basement          Total
                Sandstone   Unconformity      Drillhole
                                                       
                   From -          Depth          Depth
Hole ID            To (m)            (m)            (m)
-------------------------------------------------------
PLS13-099    No Sandstone           59.8          368.0
                                                       
                                                       
                                                       
                                                       
-------------------------------------------------------
(i) Scintillometer Instrument: GR-110G                                      



For additional comments about the Summer 2013 Program, please watch a corporate
video at the Alpha Minerals website:
http://www.alphaminerals.ca/corporate-videos/


Patterson Lake South Property

The 31,000 hectare (76,000 acres) PLS project is a 50%/50% Joint Venture held by
Alpha Minerals Inc (AMW) and Fission Uranium (FCU). The Joint Venture property
is 100% owned with no underlying royalties or vendor payments. For the present
work, the exploration is still being operated as a Joint Venture under the
direction of the Joint Venture Management Committee with Fission Uranium acting
as the operator.


The property is accessible by road with primary access from all-weather Highway
955, which runs 74km north to the former Cluff Lake mine, (greater than 60M lbs
of U3O8 produced from multiple open pit and underground mines), and passes
through the claims covering the UEX-Areva Shea Creek discoveries located 58km to
the north, currently under active exploration and development.


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 Minerals Inc, by Garrett Ainsworth, P.Geo., Vice
President Exploration, a qualified person.


On behalf of the Board of Directors of Alpha Minerals Inc. 

Ben Ainsworth, PEng BC/SK, President, CEO and Director

Please refer to the Alpha Minerals Inc. website (www.alphaminerals.ca) for the
video and further updated information.


Neither the 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 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.



FOR FURTHER INFORMATION PLEASE CONTACT: 
Alpha Minerals Inc. - Corporate Communications
Robert (Bob) Meister
(604) 629-0293 or Toll Free: 1-866-629-0293
(604) 684-9365 (FAX)
info@alphaminerals.ca
www.alphaminerals.ca

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