Athabasca Potach Inc.

Published : July 29th, 2013

Significant results in the Athabasca Basin

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Keywords :   Boron | Canada | Gold | Growth | K Street | Uranium |

Today Alpha and Fission reported additional significant results �OFF-SCALE� RADIOACTIVITY WITHIN 70.0M OF MINERALIZATION AT R390E ZONE, PATTERSON LAKE SOUTH, ATHABASCA BASIN� (full release below).  Tad also has property in the Athabasca Basin prospective for uranium.  Recently Tad also more than doubled its land position bordering Zenyatta Ventures Ltd. (ZEN�TSX Venture).   Management is planning to start operations to explore the assets the company currently has.

  • TJ acquires additional 24 claims bordering Zenyatta Ventures Ltd. (ZEN�TSX Venture) containing a magnetic low anomaly within the property
  • TJ now has a total of 40 claim making TAD one of, it not the largest landholders bordering Zenyatta Ventures Ltd. (ZEN�TSX Venture). 
  • TJ recently acquired approximately 4,000 hectares (9,885 acres �North Patterson Prospect") of land prospective for uranium in the Athabasca Basin in the vicinity of the recent discovery at the Patterson Lake South prospect of Alpha Minerals Inc. (AMW�TSX Venture) and Fission Energy Corp. (FCU�TSX Venture)
  • Currently trading under 5 cents
  • Work Program expected to commence shortly  

TAD Mineral Exploration Inc.

1470 - 701 West Georgia Street BCVancouverV7Y 1C6

Tad Acquires Additional Hydrothermal Graphite Prospect in Ontario

TAD Mineral Exploration Inc. ("TAD" or the "Company") (TJ-TSX Venture) July 25, 2013 wishes to announce it has acquired additional acreage prospective for hydrothermal graphite in Ontario.  This new prospect, the �Constance Lake West� hydrothermal graphite prospect borders Zenyatta Ventures Ltd. (ZEN�TSX Venture).  Management plans to mobilize crews onto this prospect shortly.  Based on Government of Ontario map 3890G for the district of Cochrane, a magnetic low anomaly is present within this new property.  Please refer to the TAD website to view the map. This new prospect consists of 26 contiguous claims covering approximately 955 acres bordering the Zenyatta Ventures Ltd. property.

Conrad Clemiss, President of TAD states, �We are very pleased to add this prospect to our portfolio of projects.  This new acquisition will enable TJ to signficantly increase the acreage held bordering Zenyatta, with the new property encompassing a prospective magnetic low anomaly.  TJ will now have 40 claims covering approximately 1,580 acres.  Management is optimistic about the future growth of TAD and looks forward to mobilizing crews shortly to investigate this prospect.�

Mr. Gregory Thomson, P.Geo., QP and a director of TAD states, �We feel that the discovery made by Zenyatta  may be part of a district-wide geological setting favorable for the formation of sizeable graphite deposits.  The Zenyatta discovery, associated with a magnetic low on their property, provides the impetus for the discovery of other such similar deposits that may occur in this region.�

If you wish to be added to TAD's information list, please send an email to tadcap1@yahoo.ca

ON BEHALF OF THE BOARD

TAD MINERAL EXPLORATION INC.


Per: "Conrad Clemiss"
Conrad Clemiss, President

For further information, please contact:
TAD Mineral Exploration Inc.
1604. 899.9302.
www. Tad capital. com

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 press release.

 

 

ALPHA REPORTS STEP-OUT DRILLING HITS COMPOSITE TOTAL OF 21.65M �OFF-SCALE� RADIOACTIVITY WITHIN 70.0M OF MINERALIZATION AT R390E ZONE, PATTERSON LAKE SOUTH, ATHABASCA BASIN

Vancouver, Canada, July 28, 2013: Alpha Minerals Inc. (TSX-V: AMW), (the �Company� or �Alpha�), and its 50% Joint Venture partner Fission Uranium Corp. are pleased to announce results for an additional two holes drilled on the R390E Zone. Holes PLS13-073 and PLS13-075 tested the eastern and western extension of the zone respectively and both intersected mineralization. The strike length of the R390E zone has now been increased to 105m at an early stage of the summer drill program. At 21.65m off-scale (>9999 cps) mineralization, PLS13-075 represents the largest accumulation of discrete off-scale mineralized intervals in any drill hole at PLS to date. Drilling of hole PLS13-075 is still in progress at a depth of 188.0m, and it is expected that the main zone of mineralization has been intersected and reported in this news release.

PLS13-075 Drilling Highlights include:

  • Extends strike length of R390E zone to 105m
  • 21.65m total off-scale radioactivity in several discrete intervals including

            o16.7m of continuous off-scale (>9999 cps) (73.5m � 90.2m)

  • 82.0m of variable strength basement mineralization in two zones, separated by only 2.5m of barren rock
  • The upper zone (57.5m � 127.5m), which includes the 21.65m of total composite off-scale, reported variable weak to strong radioactivity
  • The lower zone (130.0m � 142.0m) reported weak to moderate radioactivity
  • Multiple narrow anomalous radioactive intervals present from 146.5m to 162.5m 

R390E Zone:

Line 330E: Drill hole PLS13-075 (drilling is still in progress) was collared as a vertical hole. The hole is still in progress at a depth of 188.0m. The hole is collared 15m grid west of PLS13-072. Two main zones of mineralization were intersected (70.0m and 12.0m wide respectively), separated by 2.5m of unmineralized rock. The upper zone (57.5m � 127.5m) is characterized by variably weak to strong radioactivity throughout. A total cumulative of 21.65m of off-scale radioactivity (>9999 cps) was intersected throughout, with the largest discrete interval measuring 16.7m (73.5m � 90.2m). The lower zone (130.0m � 142.0m) is characterized as weak to moderate radioactivity throughout.   Several additional narrow intervals of generally weak mineralization were present from 146.5m to 162.5m (see Table 1), including a 2.5m wide interval (146.5m � 149.0m of weak to strong mineralization including a narrow 0.15m wide interval of off-scale (>9999 cps) radioactivity at 147.13m. 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 locally strongly graphitic pelitic gneiss. Foliation is generally moderate to steep to core axis at 020� to 048�. The hole is still in progress at a depth of 188.0m. Moderate to strong clay alteration is present from 49.3m to 162.5m. 

 

Line 435E: Drillhole PLS13-073 was collared as a vertical hole. The hole was drilled to a depth of 248.0m. The hole is collared 15m grid east of PLS13-066. Two zones of mineralization were intersected (19.5m and 11.0m wide respectively), separated by 21.0m of unmineralized rock. The upper zone (102.0m � 121.5m) is characterized by variably weak to moderate radioactivity throughout. A narrow 0.1m wide interval of off-scale radioactivity (>9999 cps) was intersected at 107.79m. The lower zone (142.5m � 153.5m) is characterized as weak to locally strong radioactivity throughout. A narrow 0.33m wide interval of off-scale radioactivity (>9999 cps) was intersected at 138.1m. A thin cap of Devonian sandstone was encountered from 50.0m to 53.0m, overlying a quartz-feldspar granofel to a depth of 90.1m. The quartz-feldspar granofel was underlain by alternating sequence of pelitic gneiss and mylonites to the end of hole depth of 248.0m. The foliated pelitic gneiss and mylonite sequence is moderately clay altered to 226.0m and sulphide bearing from 235.5m to 248.0m. Foliation is generally steep to core axis at 010� to 040�. The hole was terminated at a depth of 248.0m in unaltered sulphide bearing pelitic gneiss. It appears that this drill hole tested south of the upper pelitic gneiss and quartz-feldspar granofel contact, which has been the optimal area for intersecting high grade mineralization in the R390E zone. Stepping out to the north of drill hole PLS13-073 should test this highly prospective zone.

 

R390E

 

 

 

 

 

 

 

 

 

 

 

Collar

* Hand-held   Scintillometer Results On Mineralized Drillcore (>300 cps / >0.5m   minimum)

Devonian

Sandstone
  From - To
  (m)

Basement
  Unconformity
  Depth (m)

Total
  Drillhole
  Depth (m)

Hole   ID

Grid   Line

Az

Dip

From   (m)

To (m)

Width   (m)

CPS   Peak Range

PLS13-073

435E

132

-89

102.0

121.5

19.5

<300   - >9999

50.0 -   53.0

53.0

248.0

 

 

 

 

142.5

153.5

11.0

<300   - >9999

 

 

 

PLS13-075

330E

0

-90

57.5

127.5

70.0

<300   - >9999

47.0 -   49.3

49.3

188.0

 

 

 

 

67.5

90.5

23.0

580 -   >9999

 

 

 

 

 

 

 

130.0

142.0

12.0

<300   - 6800

 

 

 

 

 

 

 

146.5

149.0

2.5

<300   - >9999

 

 

 

 

 

 

 

151.0

153.0

2.0

400 -   1800

 

 

 

 

 

 

 

157.0

157.5

0.5

1000

 

 

 

 

 

 

 

160.0

162.5

2.5

<300   - 3600

 

 

 

* Scintillometer Instrument: GR-110G

 

 

 

 

 

A $6.95M, 44 hole, 11,000m drill program and ground geophysics surveys continues at PLS. 

Natural gamma radiation in drill core that is reported in this news release was measured in counts per second (cps) using a hand held Exploranium GR-110G total count gamma-ray scintillometer. The reader is cautioned that scintillometer readings are not directly or uniformly related to uranium grades of the rock sample measured, and should be used only as a preliminary indication of the presence of radioactive materials. The degree of radioactivity within the mineralized intervals is highly variable and associated with visible pitchblende mineralization. All intersections are down-hole, core interval measurements and true thickness is yet to be determined.  

All holes are planned to be radiometrically surveyed using a Mount Sopris 2GHF-1000 Triple Gamma probe, which allows for more accurate measurements in high grade mineralized zones. The Triple Gamma probe is preferred in zones of high grade mineralization. 

Split core samples from the mineralized section of core will be taken continuously through the mineralized intervals and submitted to SRC Geoanalytical Laboratories (an SCC ISO/IEC 17025: 2005 Accredited Facility) of Saskatoon for analysis, which includes U3O8 (wt %) and fire assay for gold. All samples sent for analysis will include a 63 element ICP-OES, uranium by ICP-MS and boron. Assay results will be released when received.

Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Athabasca Potach Inc.

CODE : API.TO
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Athabasca is a exploration company based in Canada.

Athabasca holds various exploration projects in Canada.

Its main exploration property is THE BURR PROJECT in Canada.

Athabasca is listed in Canada. Its market capitalisation is CA$ 315.8 millions as of today (US$ 309.2 millions, € 231.9 millions).

Its stock quote reached its highest recent level on May 16, 2008 at CA$ 9.47, and its lowest recent point on December 24, 2008 at CA$ 0.75.

Athabasca has 37 824 000 shares outstanding.

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Annual reports of Athabasca Potach Inc.
2007 Annual report
2006 Annual report
Nominations of Athabasca Potach Inc.
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Financials of Athabasca Potach Inc.
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