Alberta Star: Dr. H. Mumin Delivers Presentation on Magmatic-Hydrothermal Iron-Oxide-Copper-Gold Silver and Uranium Deposits at the GAC Annual Spring Technical Meeting in St. John's, Newfoundland.VANCOUVER, British Columbia -- Tim Coupland, President of Alberta Star Development Corp. (ASX ASX See: Australian Stock Exchange ) (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:ASX)(OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ASXSF) is pleased to report that Dr. Hamid Mumin, Faculty of Science, Brandon University and Alberta Star's qualified person for Contact Lake IOCG IOCG Iron Oxide Copper Gold IOCG International Organization for Crystal Growth Project, was an invited speaker at the GAC GAC Great American Country GAC Global Assembly Cache (Microsoft .NET) GAC Global Assembly Cache GAC Granular Activated Carbon GAC Gustavus Adolphus College (St. annual spring technical meeting in St. John's, Newfoundland on February 20-21, 2006 and delivered a presentation on Magmatic-hydrothermal iron-oxide, copper, gold, silver, uranium deposits. Dr. Mumin, of Brandon University commented, "that despite their attractive economic potential, IOCG deposits have only just recently emerged as a deposit type of choice for exploration in Canada. Vast and largely unexplored, highly prospective terrains abound which include: the Great Bear Magmatic Zone (GBMZ), Central Mineral Belt, Grenville Province, Labrador, and Wernecke Mountains. Many of these districts host past producing mines that are now re-classified as IOCG style of deposit types. The Great Bear Magmatic Zone which includes the Contact Lake Mineral Belt, hosts 10 past producing mines that exploited high grade Uranium-Silver-Copper deposits that are best described as quartz-carbonate-hematite rich IOCG associated epithermal vein systems. In Canada, the former mines of the Great Bear Magmatic Zone comprise an extensive IOCG province with proven uranium potential. Uranium occurs primarily as pitchblende pitchblende (pĭch`blĕnd'), dark, lustrous, heavy mineral, a source of radium and uranium. Largely natural uranium oxide, UO2 and UO3, it usually contains some lead and variable amounts of thorium and rare-earth elements. , and is not uncommon as small veins peripheral or distal to the centers of hydrothermal alteration and mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. . Due to their unique metal association, IOCG deposits can be targeted during exploration using, magnetic, gravity, and multi-parameter radiometric geophysical surveys. Olympic Dam magmatic hydrothermal iron-oxide copper, gold style of deposits are attractive targets for exploration and development due to their poly-metallic nature and enormous size and grade potential. The Olympic Dam Mine in Australia is quoted by WMC WMC Winter Music Conference WMC Weill Medical College (Cornell University) WMC Wisconsin Manufacturers and Commerce (Madison, WI) WMC Westchester Medical Center WMC Western Mining Corporation (Western Mining Corp.) as containing 3.81 Billion tones @ 1.1% Cu, 0.5 g/t Au and 400 g/t U308. Other examples include Kiruna in Sweden, Bayan Obo in China, Candelaria in Chile, and Salobo in Brazil." The Contact Lake claim block and surrounding area host extensive IOCG-type of hydrothermal alterations, including large mineralized min·er·al·ize v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es v.tr. 1. To convert to a mineral substance; petrify. 2. To transform a metal into a mineral by oxidation. 3. gossans that exceed 1 kilometer in lateral extent. The Contact Lake mineral belt has not been properly explored using advanced 21st Century geophysical exploration techniques and incorporating the newly developed IOCG-epithermal deposit model type applications. Due to the areas unique IOCG metal association, targeting will include magnetic, gravity and multi-parameter radiometric geophysical ground and airborne surveys The Contact Lake mineral belt is approximately 15 kilometers long and 5 kilometers wide. Extensive exploration and drilling is scheduled to commence in late April-May. CONTACT LAKE IRON-OXIDE HOSTED COPPER GOLD AND URANIUM PROJECT (IOCG) The Contact Lake property is Alberta Star's prospective Olympic Dam style (IOCG) Iron-Oxide, Copper, Gold, +Cobalt, Silver, Nickel, Bismuth & Uranium exploration project at Contact Lake in Canada's world famous Great Bear Magmatic Zone (GBMZ), Northwest Territories. Alberta Star's focus is to identify, acquire and develop late stage mineral exploration projects where there is a reasonable expectation of identifying and yielding a world- class bulk tonnage deposit. ALBERTA STAR DEVELOPMENT CORP. Tim Coupland, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Dr. Hamid Mumim Ph.D., P.Eng. is the qualified person for the Contact Lake Project. These results have been prepared under the guidance of Dr. H. Mumin, Ph.D., P.Eng, who is designated as a Qualified Person with the ability and authority to verify the authenticity of and validity of this data. All rock samples were analyzed by Acme Analytical Laboratories Ltd. and Actlabs Laboratories Ltd. This News Release includes certain "forward looking statements" within the meaning of the United States Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve that involve various degrees of risk. The following are important factors that could cause Alberta Star's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. does not accept responsibility for the ad equacy or accuracy of this News Release. Alberta Star Development Corp. (TSX VENTURE:ASX) (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :ASXSF) |
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