VANCOUVER, British Columbia, Oct. 14, 2014 (GLOBE NEWSWIRE) -- ALPHA EXPLORATION INC. ("Alpha" or the "Company") (TSX-V:AEX) is pleased to announce that it has completed its previously announced airborne radiometric survey at its Kelic Lake property ("Kelic Lake", or the "Property") located in the southern Athabasca Basin of northern Saskatchewan (see Alpha news release dated September 25, 2014).
CGG Canada Services Ltd. (formerly Fugro Geoservices Ltd.) is contracted to carry out the radiometric survey, with coverage that included 1,200 line kilometres at 100 metre line spacing covering an approximate 10x10 kilometre grid area. CGG is contracted to carry out a Falcon airborne gravity gradiometer survey on Kelic Lake and Alpha's Hook Lake property later in October 2014, which will include magnetic and laser scanning digital elevation components.
Results from these surveys are expected in November 2014. 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 Kelic Lake
Kelic Lake is currently under option by Alpha, whereby the Company has been granted an option to acquire a 100-per-cent interest in the Property (see Alpha news release dated September 15, 2014). Kelic Lake is located along the southern margin of the Athabasca Basin (see location map provided at the Company's website at www.alpha-aex.com). This property will benefit from the Company's focus and expertise on properties of similar setting and potential, including Patterson Lake South deposit to the west, and the Carpenter Lake property to the east.
Please see the Company's website at www.alpha-aex.com for more information on its properties and survey area location maps.
About Alpha Exploration Inc.
Alpha is a junior 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 three of the Company's active properties. Alpha continually and proactively reviews opportunities for new properties, whether by staking, joint venture or acquisition.
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 has been 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.
"Dr. Michael H. Gunning"
Interim CEO and 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.