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Athabasca Potach Inc.

Publié le 13 août 2013

“OFF-SCALE” RADIOACTIVITY IN 48.5M OF MINERALIZATION in the Athabasca Basin

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Mots clés associés :   Canada | K Street | Uranium |

Today Alpha and Fission reported �ALPHA MINERALS JV HITS 13.41M TOTAL COMPOSITE �OFF-SCALE� RADIOACTIVITY IN 48.5M OF MINERALIZATION 780 METERS EAST OF DISCOVERY ZONE� (full release below).  Tad also has "North Patterson Prospect" in the Athabasca Basin prospective for uranium.  Recently Tad also acquired a land position bordering Zenyatta Ventures Ltd. (ZEN�TSX Venture).   Management is planning to start operations to explore the assets the company currently has shortly

  • 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)
  • TJ acquires claims bordering Zenyatta Ventures Ltd. (ZEN�TSX Venture) containing a magnetic low anomaly within the property
  • 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 MINERALS JV HITS 13.41M TOTAL COMPOSITE �OFF-SCALE� RADIOACTIVITY IN 48.5M OF MINERALIZATION 780 METERS EAST OF DISCOVERY ZONE

 

 

Vancouver, Canada, August 12, 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 hole PLS13-080 at R780E Zone, Patterson Lake South ("PLS"), the first hole drilled on the R780E zone this programWith 13.41m composite off-scale (>9999 cps) mineralization, including 7.6m continuous off-scale, PLS13-080 has returned radioactive results indicating the widest continuous and strongest uranium mineralization encountered so far at the 780E Zone.  

The hole, which is located approximately 10m grid south of PLS13-060 (line 780E), has delivered mineralized intersections that appear similar to many of those encountered at the R390E Zone, such as hole PLS13-038 which assayed 4.92% U3O8 over 34.0m (see news release March 24, 2013). 

PLS13-080 Drilling Highlights include:

  • Multiple zones of basement mineralization from 122.5m � 318.5m
  • Main Zone - 48.5m (122.5m � 171.0m) wide broad zone of variable radioactivity frommoderate-to-strong separated by narrow intervals of barren rock (0.5m � 2.0m wide) including:

     o 39.0m wide interval (128.0m � 167.0m) of well-developed mineralization including:

     o 13.41m total composite off-scale (>9999 cps) radioactivity in several discrete intervals including:

     o 7.6m of continuous off-scale (>9999 cps) radioactivity.

  • Several narrower intervals of mineralized anomalous radioactivity from 201.5m � 318.5m, including:

     o 11.5m wide interval (236.0m � 247.5m) of moderate to locally strong radioactivity, including:

     o 0.3m of off-scale (>9999 cps) radioactivity.

  • Extends the width of the R780E zone to approximately 45m on line 780E.

 

R780E Zone:

The R780E zone discovery was the result of follow-up by drilling of a radon in water anomaly identified during the January � February 2013 survey conducted by RadonEx Exploration Management. The radon anomaly is on trend to the E-NE from the R00E and R390E zones, and is situated within a resistivity low corridor proximal to an inferred north-south cross cutting structure.

Hole PLS13-080 (line 780E) was collared as a vertical hole and completed to a depth of 347.0m. The hole is the 4th hole drilled in the R780E zone and is collared approximately 10m grid south of PLS13-060 (which intersected multiple zones of basement mineralization including 7.0m @ 1.22% U3O8 (see news release June 5, 2013). The drill-hole is located south of the PL-3B EM conductor axis, which differs from mineralization at the R00E and R390E zones which is found north of the surface projection of the PL-3B conductor. Multiple zones of mineralization were intersected in the basement lithology between 122.5m � 318.5m, ranging in width from 0.5m to 54.5m. The main interval of mineralization is over a width of 48.5m (122.5m � 171.0m) which is characterized by variably weak to strong radioactivity throughout, with occasional narrow intervals (0.5m � 2.0m wide) of barren rock. A total composite of 13.41m of �off-scale� (>9999 cps) radioactivity is present in several discrete intervals ranging in width from 0.1m to 7.6m. A lower zone of weak to strongly radioactive mineralization is present over 11.5m width (236.0m � 247.5m), including a 0.3m interval of �off-scale� radioactivity. With mineralization present down to 318.5m, this represents the deepest mineralization intersected to date on the PLS property. The top of the basement rocks were encountered at 54.0m depth. From 54.0m � 198.2m the rocks consist primarily of clay, hematite, and chlorite altered and steep to moderately dipping foliated quartzitic and pelitic gneisses. From 198.2m � 347.0m the rocks comprise an alternating sequence of quartzitic gneiss, pelitic gneiss and granofel, and mylonite with weak to moderate clay and chlorite alteration. Uranium mineralization occurs as flecks, blebs, clots, veins, semi-massive and massive pitchblende, and worm rock style.

 

R780E

 

 

 

 

 

 

 

 

 

 

 

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

PLS13-080

780E

344

-89

122.5

171.0

48.5

<300   - >9999

N / A

54.0

347.0

 

 

 

 

173.5

177.0

3.5

   <300 - 2000

 

 

 

 

 

 

 

201.5

202.0

0.5

2800

 

 

 

 

 

 

 

230.5

231.0

0.5

1400

 

 

 

 

 

 

 

236.0

247.5

11.5

<300   - >9999

 

 

 

 

 

 

 

290.0

294.5

4.5

<300   � 1000

 

 

 

 

 

 

 

298.0

301.0

3.0

<300   - 5400

 

 

 

 

 

 

 

318.0

318.5

0.5

400

 

 

 

* 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.

Radiometric surveys are planned for all holes using a Mount Sopris 2GHF-1000 Triple Gamma probe, which allows for more accurate measurements in high grade mineralized zones.

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.

 
 

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Athabasca Potach Inc.

CODE : API.TO
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Athabasca est une société d’exploration minière basée au Canada.

Athabasca détient divers projets d'exploration au Canada.

Son principal projet en exploration est THE BURR PROJECT au Canada.

Athabasca est cotée au Canada. Sa capitalisation boursière aujourd'hui est 315,8 millions CA$ (309,2 millions US$, 231,9 millions €).

La valeur de son action a atteint son plus haut niveau récent le 16 mai 2008 à 9,47 CA$, et son plus bas niveau récent le 24 décembre 2008 à 0,75 CA$.

Athabasca possède 37 824 000 actions en circulation.

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