Alpha Minerals JV Barge Drilling Closes with Significant Expansion of R780E Zone and Potential 6th Zone at Patterson Lake South

Oct 16, 2013

Alpha Minerals JV Barge Drilling Closes with Significant Expansion of R780E Zone and Potential 6th Zone at Patterson Lake South

Alpha Minerals Inc. and its 50-per-cent joint venture partner Fission Uranium Corp. have released results for the final 10 lake holes of the summer program at their Patterson Lake South property in Canada's Athabasca basin. All holes intersected significant mineralization. Of particular note are drill holes PLS13-109 (99.5m total composite mineralization, including 6.87m total composite "off-scale") and PLS13-097 (90.0m total composite mineralization, including 6.35m total composite "off-scale") in the R780E zone.

Drilling Highlights include:

-- PLS13-109 (line 750E) -- 99.5m total composite mineralization (within 105.5m - 334.5m) including: -- 6.87m total composite off-scale (greater than 9999 cps) radioactivity -- PLS13-097 (line 795E) -- 90.0m total composite mineralization (within 74.5m - 254.5m) including: -- 6.48m total composite off-scale (greater than 9999 cps) radioactivity -- PLS13-108 (line 810E) -- 103.5m total composite mineralization (within 80.5m - 234.5m), including: -- 3.25m total composite off-scale (greater than 9999 cps) radioactivity -- PLS13-090 and -103 (line 1155E) -- PLS mineralized strike length extended to 1.23km

It is very significant that none of the mineralized "zones" have been limited by drilling during the current or earlier programmes, and there is a possibility that mineralization has continuity between some or all of the "zones". The size of the mineralizing system discovered at PLS thus far correlates well with Alpha's regional context of the property.

The following drill holes are reported in this news release: PLS13-104 (R390E zone); PLS13-106 (R585E zone); PLS13-097, PLS13-101, PLS13-105, PLS13-107, PLS13-108, and PLS13-109 (R780E zone); and PLS13-090, and PLS13-103 (line 1155E) all intersected significant mineralization.

R390E Zone

The R390E zone refers to the zone of mineralization currently defined over 255m of strike length between line 225E (PLS13-093) and line 480E (PLS13-088). One additional hole was drilled on the R390E zone since the last update (see news release September 27, 2013). Drill hole PLS13-104 was a vertical collared hole on line 465E, located 15m grid west of PLS13-088. A 3.6m wide interval of Devonian sandstone (50.0m - 53.6m) overlies basement pelitic gneiss, transitioning to semi-pelitic gneiss from 210.4m to the end of hole depth of 309.2m. Several intervals of undifferentiated mylonites are present within the pelitic sequence, in intervals ranging from 2.1m to 20.6m wide. Radioactive mineralization occurs in several discrete intervals between 53.5m and 212.0m, ranging from 0.5m to 17.0m wide for a total composite of 70.0m of mineralization, including a total composite of 3.02m of off-scale radioactivity in intervals of 0.15m to 1.48m.

R390E Drill Hole Table

	Collar			* Hand-held Scintillometer Results On Mineralized Drillcore (>300 cps / >0.5M minimum)				Devonian Sandstone	Basement Unconformity	Total Drillhole
Hole ID	Grid Line	Az	Dip	From (m)	To (m)	Width (m)	CPS Peak Range	From – To (m)	Depth (m)	Depth (m)
PLS13-104	465E	26	-88	53.5	56.0	2.5	<300 – 1700	50.0 – 53.6	53.6	309.2
				58.0	73.0	15.0	<300 – 3900
				86.0	88.5	2.5	430 – 1300
				95.5	96.0	0.5	400
				98.0	112.5	14.5	<300 – <9999
				125.5	126.5	1.0	540 – 680
				131.0	141.5	10.5	<300 – >9999
				146.5	163.5	17.0	<300 – 6800
				167.5	168.0	0.5	320
				202.0	203.5	1.5	550 – 1500
				211.5	212.0	0.5	420

*Scintillometer Instrument: GR-110G                                  

R585E Zone

The R585E zone refers to the zone of mineralization currently defined by only two drill holes on line 585E. One additional hole was drilled on the R585E zone since the last update (see news release September 23, 2013). PLS13-106 was a vertical collared hole on line 585E, located 10m grid north of PLS13-098. Bedrock was encountered at 53.7m, compared to a depth of 62.4m in PLS13-098. This represents a significant 8.7m vertical off-set to the top of the basement between holes. A pelitic gneiss was intersected from 53.7m to 176.2m and a semipelitic gneiss from 176.2m to 269.6m. A wide sequence of diabase was intersected from 269.6m to 332.0m. Radioactive mineralization is broad and relatively moderate to locally strong, occurring in several intervals from 0.5m to 19.5m for a total composite of 86.5m over a 160.0m section (82.5m to 242.5m). The difference in intensity of mineralization between drill holes PLS13-098 and -106 may be related to the significant fault interpreted between the 2 holes. Further drilling is required to determine the nature and control of mineralization at the R585E zone.

R585E Drill Hole Table

	Collar			* Hand-held Scintillometer Results On Mineralized Drillcore (>300 cps / >0.5M minimum)				Devonian Sandstone	Basement Unconformity	Total Drillhole
Hole ID	Grid Line	Az	Dip	From (m)	To (m)	Width (m)	CPS Peak Range	From – To (m)	Depth (m)	Depth (m)
PLS13-106	585E	170	-85	82.5	83.0	0.5	370	No Sandstone	53.7	332.0
				101.0	105.0	4.0	<300 – 600
				114.0	114.5	0.5	720
				118.0	125.5	7.5	<300 – 1100
				128.5	129.0	0.5	870
				131.0	131.5	0.5	810
				136.0	137.5	1.5	420 – 1700
				151.5	155.0	3.5	<300 – 1200
				158.0	164.0	6.0	<300 – 4400
				166.5	184.0	17.5	<300 – 2500
				186.5	188.0	1.5	470 – 2100
				191.5	199.5	8.0	<300 – 1700
				201.5	214.5	13.0	<300 – 4500
				218.0	220.5	2.5	<300 – 950
				223.0	242.5	19.5	<300 – 1700

*Scintillometer Instrument: GR-110G

 

R780E Zone

The R780E zone refers to the zone of mineralization currently defined over 60m of strike length between line 750E (hole PLS13-109) and line 810E (PLS13-108). Six additional holes were drilled on the R780E zone since the last update (see news release September 12, 2013), for a total of 12 holes presently defining the R780E zone.

Line 750E: -- Drillhole PLS13-109 was collared as a vertical hole and drilled to a depth of 401.0m. The collar is located approximately 30m grid west of PLS13-060. Basement was intersected at 58.3m. A quartzitic gneiss is present from 58.3m to 103.4m. From 103.4m to 337.6m the lithology is dominantly pelitic gneiss with multiple intervals of undifferentiated mylonites (from 1.8m to 9.9m wide) and cataclasites. From 337.6m to the end of hole depth of 401.0m a semi-pelitic gneiss dominates. Anomalous radioactivity occurs from 105.5m coincident with the transition from quartzitic to pelitic gneiss. A total composite of 99.5m of mineralization within a 229.0m section (105.5m to 334.5m) occurs in several variably radioactive mineralized intervals ranging in width from 0.5m to 34.0m. A total composite of 6.87m of off-scale radioactivity occurs in several discrete intervals ranging from 0.12m to 3.28m wide.

Line 765E: Two vertically collared holes were drilled on line 765E -- Drillhole PLS13-105 was collared as a vertical hole and drilled to a depth of 419.0m. The collar is located approximately 15m grid west of PLS13-080. Basement was intersected at 55.0m. A quartzitic gneiss is present from 55.0m to 109.2m. From 109.2m to 296.6m lithology is dominantly pelitic gneiss with multiple intervals of undifferentiated mylonites (from 1.3m to 13.9m wide). From 296.6m to the end of hole depth of 419.0m a semipelitic gneiss dominates. Anomalous radioactivity occurs from 106.5m coincident with the transition from quartzitic to pelitic gneiss. A total composite of 46.5m of mineralization within a 224.0m section (106.5m to 330.5m) occurs in several variably radioactive mineralized intervals ranging in width from 0.5m to 18.5m. A total composite of 1.64m of off-scale radioactivity occurs in several discrete intervals ranging from 0.15m to 1.06m wide. -- Drillhole PLS13-107 was collared as a vertical hole and drilled to a depth of 402.0m. The collar is located approximately 15m grid west of PLS13-060. Basement was intersected at 56.0m. A quartzitic gneiss is present from 56.0m to 183.8m, which encompasses a pelitic gneiss unit from 67.8m to 128.6m. From 183.8m to 283.0m lithology is dominantly pelitic gneiss with a 41.5m wide interval of undifferentiated mylonites (233.7m to 275.2m). A semipelitic gneiss dominates from 283.0m to the end of hole depth of 402.0m. Anomalous radioactivity starts at 138.5m within the quartzitic gneiss. A total composite of 63.5m of mineralization within a 193.5m section (138.5m to 332.0m) occurs in several variably radioactive mineralized intervals ranging in width from 0.5m to 24.5m. A total composite of 1.04m of off-scale radioactivity occurs in several discrete intervals ranging from 0.13m to 0.5m wide.

Line 795E: -- Drillhole PLS13-097 was collared as a vertical hole and drilled to a depth of 356.0m. The collar is located approximately 15m grid east of PLS13-060. Basement was intersected at 55.8m. A quartzitic gneiss with minor pegmatite and mylonite intervals is present from 55.8m to 183.9m that encompasses a pelitic gneiss unit from 76.6m to 85.4m. From 183.9m to the end of hole depth of 356.0m lithology is dominantly pelitic gneiss with occasional intervals of undifferentiated mylonites (1.1m to 2.4m wide). Anomalous radioactivity begins at 74.5m in proximity to the contact between the quartzitic gneiss and pelitic gneiss. A total composite of 82.0m of mineralization within a 180.0m section (74.5m to 254.5m) occurs in several variably radioactive mineralized intervals ranging in width from 0.5m to 49.5m. A total composite of 6.48m of off- scale radioactivity occurs in several discrete intervals ranging from 0.1m to 3.63m wide.

Line 810E: Two vertically collared holes were drilled on line 810E -- Drillhole PLS13-101 was collared as a vertical hole and drilled to a depth of 350.0m. The collar is located approximately 15m grid east of PLS13-097. Basement was intersected at 67.4m, which is 11.8m deeper than the depth of basement intersected in PLS13-097, which may represent an important structural feature. From 67.4m to 192.6m lithology is pelitic gneiss with occasional pegmatite injections up to 2.2m thick. Semipelitic gneiss was intersected from 192.6m to 275.6m, which is underlain by pelitic gneiss to 334.7m. From 334.7m to the end of hole depth of 350.0m a semipelitic gneiss dominates. Anomalous radioactivity starts at 69.5m within a pelitic gneiss, which is an unusually shallow depth to mineralization for the R780E zone. A total composite of 96.0m of mineralization within a 230.0m section (69.5m to 299.5m) occurs in several variably radioactive mineralized intervals ranging in width from 0.5m to 35.0m. A total composite of 0.51m of off-scale radioactivity occurs in several discrete narrow intervals ranging from 0.10m to 0.17m wide. -- Drillhole PLS13-108 was collared as a vertical hole and drilled to a depth of 392.0m. The collar is located approximately 10m grid north of PLS13-101. Basement was intersected at 58.3m, which is 9.1m shallower than the depth of basement intersected in PLS13-101. An alternating sequence of quartzitic and pelitic gneiss was encountered from 58.3m to 206.1m, which is underlain by semipelitic gneiss to 230.3m. From 230.3m to 332.4m lithology is dominantly pelitic gneiss with occasional intervals of undifferentiated mylonites (4.1m to 11.9m wide). From 332.4m to the end of hole depth of 392.0m a semipelitic gneiss dominates. Anomalous radioactivity begins at 80.5m within the pelitic gneiss. A total composite of 105.5m of mineralization within a 195.5m section (80.5m to 276.0m) occurs in several variably radioactive mineralized intervals ranging in width from 0.5m to 21.5m. A total composite of 3.25m of off-scale radioactivity occurs in several discrete intervals ranging from 0.14m to 0.75m wide.

Continued on: http://www.skyharbourltd.com/investor_info/update/index.php?&content_id=383