Alberta Star Development Corp.

Published : June 23rd, 2008

RECEIVES PERMISSION TO DRILL FOR 2008 FROM THE CHIEF INSPECTOR OF MINES

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment

 

ALBERTA STAR DEVELOPMENT CORP.
Suite 506 - 675 West Hastings Street � Vancouver � British Columbia � V6B 1N2
Telephone: (604) 681-3131    Facsimile: (604) 408-3884
 
                                                                                                                                                           
NEWS RELEASE
 
June 23, 2008                                                                                     TSX-V Trading Symbol: ASX
OTC BB Trading Symbol: ASXSF
 FRANKFURT Trading Symbol: QLD
________________________________________________________________________________
                                                                            
 ALBERTA STAR RECEIVES PERMISSION TO DRILL FOR 2008 FROM THE CHIEF INSPECTOR OF MINES
 
Alberta Star Development Corp., (the �Company�) listed on the TSX Venture Exchange (ASX) and on the OTCBB (ASXSF) and on the Frankfurt Exchange (QLD), is pleased to announce that the Company has been granted �permission to drill� by the Chief Inspector of Mines of the Northwest Territories for the Company�s 2008 drill program at its Eldorado and Contact Lake IOCG & uranium projects. The Company has also received notice from the Chief Inspector of Mines that the Safety Program submitted by the Company in support of the Company�s 2008 drill program is in compliance with Section 15.02 of the Mine Health and Safety Act and Regulations and is deemed acceptable. Permission is now granted for work to proceed at the Eldorado & Contact Lake Projects.  The Company is now in receipt of all the necessary permits required to undertake its 2008 drill program and implement its long-term mineral exploration and drilling strategy.
 
ELDORADO & CONTACT LAKE-5 YEAR CLASS �A� DRILLING PERMITS ISSUED-FULLY PERMITTED FOR  DILLING IN 2008
 
The Company has been granted two amended five-year Sahtu Land & Water Board Class �A� Land Use Permits (Eldorado/Glacier Lake and Contact Lake) for Diamond drilling at both the Eldorado & Contact Lake Projects. The Eldorado/Glacier Lake �Class A Land Use Permit� ammended (Permit #S05C-012) is valid until April 26, 2013 and the Contact Lake �Class A Land use Permit� amended (Permit #S05C-002) is valid until August 24, 2012. The Company has also submitted a formal application for a third drill permit to the Sahtu Land and Water Board (SLWB) and is awaiting final permit approval. The permit (Permit #S07C-008) application was deemed complete on May 30, 2008.  This third �5-Year� drill permit application was submitted in April of 2007 and has requested 15,000 meters of drilling per year, over a five-year period for a total of 75,000 meters which includes the area of the Eldorado South IOCG and uranium Project.
 
THE ELDORADO & CONTACT LAKE IRON OXIDE COPPER, GOLD, SILVER AND URANIUM PROJECTS
 
The Eldorado & Contact Lake Permit Areas are located on the east side of Great Bear Lake in Canada�s Northwest Territories. The permit areas are situated 470 kilometers north of the city of Yellowknife. The Eldorado & Contact Lake permit areas covers over 113,488 acres. The Eldorado & Contact IOCG + uranium project areas include past producing high grade silver and uranium mines. This includes the Echo Bay Silver Mine which produced 23,779,178 ounces of silver and the Eldorado Uranium Mine which produced 15 million pounds of uranium and 8 million ounces of silver (Normin NTGO: Senes Report 2005).  The current June 20, 2008 spot price for uranium provided by the Ux Consulting Company LLC (www.uxc.com) is now $57.00 US per pound.
ALBERTA STAR DEVELOPMENT CORP.
Alberta Star Development Corp. is a Canadian mineral exploration company that identifies, acquires, finances advanced stage exploration projects in Canada. The Company is focused in the discovery of base, precious metals and uranium.
 
INVESTOR RELATIONS
 
Investors are welcomed to contact Mr. Allan Feldman, the Company�s In-house Investor Relations and Corporate Communications Specialist, for all corporate updates at (604) 948-9663
and in Quebec Mario Drollet at MI3 Corporate Communications (514)904-9663.
 
FOR FURTHER INFORMATION, PLEASE CONTACT:
Tim Coupland. President and CEO
Alberta Star Development Corp.
Tel 604.681.3131           Fax 604.408.3884
 
ALBERTA STAR DEVELOPMENT CORP.
 
Tim Coupland                                                
President & CEO
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this News Release.
 
This news release contains certain statements that may be deemed �forward-looking statements�. All statements in this release, other than statements of historical fact, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects to occur, are forward looking statements.  Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words �expects�, �plans� �anticipates�, �believes�, �intends�, �estimates�, �projects�, �potential� and similar expressions, or that events or conditions �will�, �would�, �may�, �could� or �should� occur. Information inferred from the interpretation of drilling results and information concerning mineral resource estimates may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed.  Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements.  Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions.  Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements.  Forward looking statements are based on the beliefs, estimates and opinions of the Company�s management on the date the statements are made. The Company undertakes no obligation to update these forward-looking statements in the event that management�s beliefs, estimates or opinions, or other factors, should change.  For further information investors should review the Company�s filings that are available at www.sedar.com or contact Tim Coupland, President at (604) 681-3131
 
VP Communication & Marketing
 
E-mail kim@mi3.ca
 
 
 
MI3 Communication Financi�re
440 Boul Ren� L�vesque Ouest, Suite 1140
Montr�al, Qu�bec, Canada H2Z 1V7
 
T 514 904 1333
F 514 904 2331
C 514 358 2594
 
 
 
AVIS DE CONFIDENTIALIT�
Ce message �lectronique de MI� Communication Financi�re Inc. peut contenir de l'information l�galement privil�gi�e, confidentielle et dispens�e de divulgation en vertu d'une loi applicable.  Si vous n'�tes pas le destinataire du message, vous �tes avis� que toute diss�mination, distribution ou transcription de cette communication est strictement interdite.  Si vous avez recu ce courriel par erreur, veuillez nous en aviser imm�diatement et d�truire toute copie en votre possession.
 
CONFIDENTIALITY CAUTION
This e-mail message from MI� Financial Communiction may contain information that is privileged, confidential and exempt from disclosure under applicable law.  If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication is strictly prohibited.  If you have received this communication by error, please notify us immeditely and destroy any copy of this message.
 
 
---
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Alberta Star Development Corp.

EXPLORATION STAGE
CODE : ASX.V
ISIN : CA0130602075
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Alberta Star is a silver and gold exploration company based in Canada.

Alberta Star develops silver, gold and in Canada, and holds various exploration projects in Canada.

Its main asset in development is LANDROSE in Canada and its main exploration properties are NORTH ECHO BAY GOSSAN, SKINNY LAKE, LONG BAY, GREAT SLAVE, GREAT SLAVE, ELDORADO SOUTH, SOUTH ECHO BAY GOSSAN, K2 DISCOVERY ZONE, MAG HILL, MILE LAKE BRECCIA, CONTACT LAKE & ELDORADO, K4, MACINNIS LAKE PROJECT, SUNSHINE, GLACIER LAKE, NORTH CONTACT LAKE and CAMEL BACK in Canada.

Alberta Star is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 4.2 millions as of today (US$ 3.3 millions, € 3.0 millions).

Its stock quote reached its highest recent level on December 29, 2006 at CA$ 2.85, and its lowest recent point on December 24, 2008 at CA$ 0.09.

Alberta Star has 21 150 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Annual reports of Alberta Star Development Corp.
Annual Report 2007
Nominations of Alberta Star Development Corp.
6/12/2013Confirms Special Distribution of $0.08 Per Share; Announces ...
Project news of Alberta Star Development Corp.
6/3/2011(Landrose)Re-Completes Its Newly Acquired Standing Cased Well at Landr...
5/13/2011(Landrose)Announces Increase in Its Landrose, Saskatchewan Property Ho...
7/14/2008(Eldorado)Receives Final Approval for a "Class A"-5 Year Drill Permit...
6/23/2008(Contact Lake)RECEIVES PERMISSION TO DRILL FOR 2008 FROM THE CHIEF INSPEC...
Corporate news of Alberta Star Development Corp.
7/15/2015Elysee Development Corp. Completes Name Change
3/6/2015Alberta Star to Voluntarily Terminate Its Share Registration...
3/6/2015to Voluntarily Terminate Its Share Registration in U.S.
10/27/2014Alberta Star Options Archie Lake Property from NioCorp; Albe...
10/20/2014Alberta Star Begins Permitting for Winter Drill Program at C...
9/17/2014Alberta Star Elects Not to Proceed With Proposed Change of B...
6/27/2014Alberta Star Receives Shareholder Approval of Proposed Chang...
6/12/2014Alberta Star Receives Conditional Approval for Change of Bus...
6/10/2014IIROC Trading Resumption - ASX
5/22/2014Alberta Star Proposes Change of Business
5/22/2014IIROC Trading Halt - ASX
5/6/2014Alberta Star Announces Approval of Normal Course Issuer Bid
4/30/2014Alberta Star Announces Normal Course Issuer Bid
2/18/2014TerraX Options Central Canada Gold Project to Alberta Star D...
5/13/2013Proposes Special Distribution
5/1/2013Announces Approval of Normal Course Issuer Bid
4/24/2013Completes Sale of Oil and Gas Assets for $1.875 Million
4/16/2013Announces Advance Notice Policy
4/9/2013Agrees to Sale of Oil and Gas Assets for $1.875 Million
3/27/2013Announces Annual Filings Under National Instrument 51-101-St...
10/15/2012Provides Corporate Update
10/15/2012Provides Corporate Update
6/27/2011(Landrose)Continues Production Growth and Starts Phase-3 Drilling at L...
4/21/2011Agrees to Participate Drilling Heavy Oil Well in the Blackfo...
4/14/2011Drills, Cases and Completes Blackfoot Heavy Oil Well
3/28/2011Announces Annual Filings Under National Instrument 51-101-St...
3/16/2011to Commence Drilling on the Blackfoot, Alberta Heavy Oil Pro...
3/9/2011Corporate Overview and 2011 Outlook
2/16/2011Agrees to Participate With Forent Energy Ltd./Sahara Energy ...
1/27/2011Engages Southern Cross Energy to Source and Pursue Oil & Nat...
2/7/2008Continues to Proceed With Its "Access and Benefits Agreement...
9/27/2007Two Condensate Zones Discovered at Montello's Jointly Owned ...
3/1/2007Assay Results
3/24/2006(Eldorado)25000m drill permit deemed complete for drilling in the eldo...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (ASX.V)FRANKFURT (QLD.F)
0.200+0.00%0.1250
TSX-V
CA$ 0.200
07/14 15:57 -
0%
Prev close Open
0.200 0.200
Low High
0.200 0.200
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.200 -%
Volume 1 month var.
4,300 -%
24hGold TrendPower© : -31
Produces
Develops
Explores for Bismuth - Cobalt - Copper - Gold - Lead - Molybdenum - Nickel - Silver - Tungsten - Uranium - Vanadium - Zinc
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 12/23/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.01-0.28%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.49-4.23%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 3.50-3.58%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.58+0.17%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.02-25.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.67-5.99%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 6.83-1.73%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.30+3.51%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.28+1.85%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 2.06-3.74%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 59.04+2.64%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.03+0.00%Trend Power :