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 assay results from hole PLS13-075 drilled on line 330E within the Western
region of R390E zone, at their Patterson Lake South (PLS) property,
Saskatchewan. The main zone of mineralization returned an interval of 9.08% U3O8
over 54.5m, including a higher grade core of 21.76% U3O8 over 21.5m. With an
overall Grade x Thickness (GT) value of 494.86 for the larger interval, this is
now the best mineralized hole to date at PLS. PLS13-075 is located 30m grid west
of hole PLS13-061 (23.5m @ 1.39% U3O8...see news release dated June 5, 2013).
Further drilling has been planned by the JV Management Committee for the R390E
zone in 2013 which includes the largest of the lake water radon anomalies
defined in the winter work carried out by Radonex in the winter program of 2013.



Assay Highlights:



--  54.5m @ 9.08% U3O8 (61.0m - 115.5m) with GT 494.86, including: 
--  21.5m @21.76% U3O8 (68.5m - 90.0m) with GT 467.84 
--  Highest assay in the interval: 52.2% U3O8 over 0.5m (74.0m - 74.5m) 
--  Intermittent narrower zones of weaker mineralization, from 0.5m to 11.5m
    wide each, are present from 118.0m to 177.5m 



Composited U3O8 mineralized intervals are summarized in Table 1 below. Samples
from the drill core are split in half on site. Where possible, samples are
standardized at 0.5m down-hole intervals. One-half of the split sample is sent
to the laboratory for analysis and the other half remains on site for reference.
All depth measurements reported, including sample and interval widths are
down-hole, core interval measurements and true thickness are yet to be
determined.


Table 1:



----------------------------------------------------------------------------
Zone       Hole ID  Grid Line       From (m)  To (m) Interval (m) U3O8 (wt%)
----------------------------------------------------------------------------
----------------------------------------------------------------------------
R390E    PLS13-075       330E          57.50   58.00         0.50       0.09
                                       61.00  115.50        54.50       9.08
                                       68.50   90.00        21.50      21.76
                                      118.00  125.50         7.50       0.07
                                      130.00  141.50        11.50       0.24
                                      146.50  148.50         2.00       0.65
                                      151.00  152.50         1.50       0.71
                                      157.00  157.50         0.50       0.06
                                      160.00  162.50         2.50       0.27
                                      176.50  177.50         1.00       0.27
----------------------------------------------------------------------------
Composite Parameters                                                        
1. Minimum Thickness: 0.50m                                                 
2. Grade Cut-Off: 0.05 U3O8 (wt%)                                           
3. Maximum Internal Dilution: 2.00m                                         



Drill hole PLS13-075 was collared as a vertical hole and was completed to a
depth of 248.0m. Mineralized zones as defined by assays greater than 0.05% U3O8
and over 0.5m are present in discrete intervals over a 120.0m wide section
(57.5m - 177.5m), with each ranging in width from 0.5m to 54.5m. The main
mineralized horizon was encountered from 61.0m - 115.5m and returned a
composited interval of 9.08% U3O8 over 54.5m, including a high-grade core from
68.5m - 90.0m that returned 21.76% U3O8 over 21.5m and is associated with
strongly hydrothermally altered gneiss. Several additional narrow intervals of
generally weaker mineralization were present from 118.0m to 177.5m (see Table
1). A thin cap of Devonian sandstone was encountered from 47.0m to 49.3m,
overlying a quartzitic gneiss to a depth of 55.6m. The quartzitic gneiss was
underlain by a foliated and locally faulted, strongly altered, and locally
strongly graphitic pelitic gneiss. Foliation is generally moderate to steep to
core axis at 020 degrees to 048 degrees.


For additional comments about the Summer 2013 Program, please watch a corporate
video at the Alpha Minerals website: http://www.alphaminerals.ca.


Patterson Lake South Property

The 31,000 hectare (76,000 acres) PLS project is still 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. Alpha
returns as the Operator of the Joint Venture on April 1st 2014. 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, President, CEO and Director

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
(604) 629-0293
Toll Free: 1-866-629-0293
(604) 684-9365 (FAX)
info@alphaminerals.ca
www.alphaminerals.ca

Alpha Minerals (TSXV:AMW)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Alpha Minerals Charts.
Alpha Minerals (TSXV:AMW)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Alpha Minerals Charts.