The Conversation (0)
Alpha Exploration (TSXV:AEX) announced that it has received reports from new targets at the Carpenter Lake Property, which it has an option agreement to earn a 60 percent interest in. According to the company the results include high surface radioactivity around Sill Lake west of the Cable Bay Shear Zone as well as high uranium in lake sediment concentrations along the Cable Bay Shear Zone.
According to the press release, the summary of highlights include:
- the high surface radioactivity around Sill Lake west of the Cable Bay Shear Zone, and;
- high uranium in lake sediment concentrations along the Cable Bay Shear Zone.
- For illustration, lake sediment concentrations of up to 37 ppm uranium compare favourably to the Patterson Lake area where 3.8 ppm uranium was the strongest anomaly obtained, and spatially associated to the uraniferous boulder field.
Both target areas are bolstered by the presence of:
- conductors parallel to the Cable Bay Shear Zone
- orthogonal structural offsets of conductors, as inferred from airborne geophysical surveys.
Click here to read the Alpha Exploration (TSXV:AEX) press release
Click here to see the Alpha Exploration (TSXV:AEX) profile.