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Alpha Minerals Reports Anomalous Gold Values from Patterson Lake South

Investing News Network
Jun. 24, 2013 11:16AM PST
Company News

Alpha Minerals Inc. (TSXV:AMW,FWB:E2GA), together with Joint Venture partner Fission Uranium Corp., announced geochemical and gold assay results from the winter 2013 drill program at the Patterson Lake South property. All three zones had strongly anomalous gold values.

Alpha Minerals Inc. (TSXV:AMW,FWB:E2GA), together with Joint Venture partner Fission Uranium Corp., announced geochemical and gold assay results from the winter 2013 drill program at the Patterson Lake South property. All three zones had strongly anomalous gold values.

As quoted in the press release:

There is some correlation of uranium values and gold assays and the higher grade gold reported by SRC Geoanalytical Laboratories data occur more frequently with the samples of higher-grade uranium mineralization.
Other geochemical data showed low arsenic values associated with the uranium mineralization represented in the set of 117 composited assay intervals reported in this news release (Tables 1, 2, and 3). This has important metallurgical significance as it indicates that the PLS mineralized zones are not likely to have the high arsenic concentrations found in some Athabasca uranium deposits. High arsenic may require special processing and disposal costs. Approximately 87.2% of the samples returned less than 50 ppm arsenic. Of the 12.8% of the remaining samples, all fell within the range of 50-105 ppm arsenic.

Click here to read the Alpha Minerals Inc. (TSXV:AMW,FWB:E2GA) press release

See this press release on Marketwire
Click here to see the Alpha Minerals Inc. (TSXV:AMW,FWB:E2GA) profile.

patterson lake south athabasca uranium gold assay tsxv:amw alpha minerals joint venture
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