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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 Reports 16.8m Total Composite Mineralization to Expand New R600W Zone, PLS, Athabasca Basin

12/11/2013 7:00am

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
report two additional holes drilled on the R600W Zone at its Patterson Lake
South (PLS) property in Canada's Athabasca Basin; PLS13-121 and PLS13-122. The
holes expand the new zone by 10m north and 15m east respectively. Of note is
hole PLS13-121, which intersected 16.8m total composite mineralization, at
shallower depths than hole PLS13-118 (see news release Nov 4th, 2013), and
includes a 0.05m horizontal vein of semi-massive pitchblende with accompanying
off-scale (greater than 9999 cps) radioactivity.


Drilling Highlights include: 

1Hole PLS13-121 (line 600W)



--  16.8m of total composite mineralization between 98.7m to 196.0m; 
--  Mineralization encountered up dip of hole PLS13-118, with stronger
    radioactivity and a 0.05m horizontal semi-massive pitchblende vein with
    off-scale radioactivity; 
--  Expands the R600W zone by 10m north. 



Hole PLS13-122 (line 585W)



--  8.0m of total composite mineralization between 101.5m to 220.0m 
--  Expands the R600W zone by 15m east 



R600W Zone: 

The R600W zone discovery was the result of follow-up by drilling of a radon in
soil gas anomaly identified during the summer program by RadonEx of Montreal.
The radon anomaly is located between 540W and 630W and may be associated with
inferred north-south cross cutting structures. This anomaly lies along an ENE
trend, parallel and just north of the PL-3B EM conductor.


Hole PLS13-121 (line 600W) was collared as a vertical hole and completed to a
depth of 248.0m. The hole was drilled 10m grid north of PLS13-118 (see news
release November 4, 2013). A total composite of 16.8m of mineralization within 6
discrete intervals of variably weak to moderately radioactive mineralization was
intersected from 98.7m to 196.0m, in interval widths ranging from 0.5m to 11.3m.
A 0.05m horizontal vein of semi-massive pitchblende with off-scale (greater than
9999 cps) radioactivity was intersected from 106.35m to 106.40m. A narrow 0.3m
wide horizon of Devonian sandstone directly overlies the basement from 98.7m to
99.0m. The upper part of the basement lithologic sequence (99.0m to 231.8m) is
comprised dominantly of pelitic gneiss, often graphitic and pyritic, with
occasional intervals of undifferentiated mylonites and cataclasites ranging from
1.6m to 10.3m wide. A diabase dyke is present from 231.8m to 234.1m. From 234.1m
to the end of hole depth at 248.0m a semipelitic gneiss dominates. Moderate clay
alteration (locally hematitic) is present throughout from 99.0m to 185.5m. A
sulphide-rich section is present from 144.0m to 174.2m.


Hole PLS13-122 (line 585W) was collared as a vertical hole and completed to a
depth of 332.0m. The hole was drilled 15m grid east of PLS13-118. Basement was
encountered at a depth of 100.0m. A total composite of 8.0m of mineralization
within 5 discrete intervals of variably weak to moderately radioactive
mineralization was intersected between 101.5m to 220.0m, in interval widths
ranging from 0.5m to 4.0m. The upper part of the basement lithologic sequence
(100.0m to 149.2m) is comprised of a quartzitic gneiss. From 149.2m to the end
of hole depth at 332.0m a pelitic gneiss dominates. Local narrow intervals (1.6m
to 3.8m wide) of moderate to steeply dipping mylonites and cataclasites are
present between 209.0m to 275.0m. 




R600W                                                                       
----------------------------------------------------------------------------
                                  (i) Hand-held Scintillometer Results      
                                        On Mineralized Drillcore            
                               (greater than 300 cps / greater than 0.5M    
                Collar                          minimum)                    
          ------------------------------------------------------------------
            Grid               From       To   Width                     CPS
Hole ID     Line   Az   Dip     (m)      (m)     (m)              Peak Range
----------------------------------------------------------------------------
PLS13-121   600W  281   -89    98.7    110.0    11.3 less than 300 - greater
                                                                   than 9999
                              141.0    144.5     3.5     less than 300 - 600
                              150.0    150.5     0.5                     530
                              162.0    162.5     0.5                     300
                              182.5    183.0     0.5                     380
                              195.5    196.0     0.5                     790
----------------------------------------------------------------------------
PLS13-122   585W  197   -86   101.5    103.5     2.0     less than 300 - 800
                              106.0    110.0     4.0     less than 300 - 510
                              116.0    116.5     0.5                     370
                              158.5    159.5     1.0              430 - 1900
                              219.5    220.0     0.5                     400
----------------------------------------------------------------------------

R600W                                                                       
----------------------------------------------------------------------------
                        Devonian              Basement                 Total
                       Sandstone          Unconformity             Drillhole
          ------------------------------------------------------------------
                          From -                 Depth                 Depth
Hole ID                   To (m)                   (m)                   (m)
----------------------------------------------------------------------------
PLS13-121            98.7 - 99.0                  99.0                 248.0
----------------------------------------------------------------------------
PLS13-122           No Sandstone                 100.0                 332.0
----------------------------------------------------------------------------



(i) Scintillometer Instrument: Exploranium GR-110G

Natural gamma radiation in drill core that is reported in this news release was
measured in counts per second (cps) using a hand held Exploranium GR-110G total
count gamma-ray scintillometer. The reader is cautioned that scintillometer
readings are not directly or uniformly related to uranium grades of the rock
sample measured, and should be used only as a preliminary indication of the
presence of radioactive materials. The degree of radioactivity within the
mineralized intervals is highly variable and associated with visible pitchblende
mineralization. All intersections are down-hole, core interval measurements and
true thickness is yet to be determined. 


All holes are planned to be radiometrically surveyed using a Mount Sopris
2GHF-1000 Triple Gamma probe, which allows for more accurate measurements in
high grade mineralized zones. The Triple Gamma probe is preferred in zones of
high grade mineralization.


Split core samples from the mineralized section of core will be taken
continuously through the mineralized intervals and submitted to SRC
Geoanalytical Laboratories (an SCC ISO/IEC 17025: 2005 Accredited Facility) of
Saskatoon for analysis, which includes U3O8 (wt %) and fire assay for gold. All
samples sent for analysis will include a 63 element ICP-OES, uranium by ICP-MS
and boron. Assay results will be released when received.


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. Drilling on Land WSW of Discovery Zone R00E continues:
Additional funding, designed to extend the land based drilling programme beyond
the original budget limits, is showing encouraging initial results, following
the closure of the barge based drilling programme.


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.
Robert (Bob) Meister
Corporate Communications
(604) 629-0293 or Toll Free: 1-866-629-0293
(604) 684-9365 (FAX)
info@alphaminerals.ca
www.alphaminerals.ca

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