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Alberta Star Contracts Geotech Ltd. to Execute a Helicopter Airborne Geophysical Survey Over its Contact Lake IOCG & Uranium Project.


VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography
 -- Alberta Star Development Corp. (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
 VENTURE:ASX ASX

See: Australian Stock Exchange
)(OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:ASXSF) is pleased to announce that the company has contracted Geotech Ltd. to execute an additional helicopter-borne VTEM geophysical survey Geophysical survey refers to the systematic collection of geophysical data for spatial studies. Geophysical surveys may use a great variety of sensing instruments, and data may be collected from above or below the Earth's surface or from aerial or marine platforms.  at the Contact Lake IOCG IOCG Iron Oxide Copper Gold
IOCG International Organization for Crystal Growth
 project this summer. This additional geophysical survey will increase the area surveyed in 2005 and will consist of 923 line-kilometers to be flown at 100 meter spacings over the northwestern extension of the Contact lake Claim-block. The VTEM survey is considered one of the industry's finest tools to enhance exploration capabilities showing high definition conductive targets. The VTEM airborne survey will cover an area that includes the two former past producing high grade silver & uranium mines, the Bonanza and El Bonanza Mines. The survey area will also include the Thompson Lake region south of the Bonanza and El Bonanza silver and uranium mines. The survey will be performed under the supervision of Jan Klein, M.Sc, P.Eng, P.Geo, Alberta Star's Chief Geophysicist.

Alberta Star has recently identified and outlined several significant new iron oxide The material used to coat the surfaces of magnetic tapes and lower-capacity disks.  copper, gold (IOCG) poly-metallic exploration drill targets from its recently completed exploration work along the Contact Lake Belt. Helicopter airborne VTEM and TFI TFI Tobacco Free Initiative (World Health Organization)
TFI The Franklin Institute (Philadelphia, Pennsylvania)
TFI The Fertilizer Institute
TFI Technology Futures, Inc.
 (Total Field Intensity) surveys were performed by Geotech Ltd. during 2005 over an approximate 50 km2 region, totaling 770 line kilometers with 100 meters spacings. The airborne survey was complemented by a ground-based survey over the K2-J1 region, which is known to contain copper, gold, silver, cobalt and uranium 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.
. The program consisted of line cutting a ground- based total field magnetic survey and a radiometric total count scintillometer survey along 100 meter spaced cut lines with 12.5 meter spaced stations covering a 3 kilometer by 1 kilometer block along the Contact Lake Belt. The VTEM airborne survey and ground based magnetic and radiometric surveys were successful in outlining 5 large strongly anomalous zones with several secondary anomalies. These geophysical anomalies are coincident with extensive areas of exposed IOCG associated hydrothermal hydrothermal, hydrothermic

relating to the temperature effects of water, as in hot baths.
 alterations, as well as zones of poly-metallic mineralization that includes iron-oxide, copper, gold, silver, uranium, cobalt and bismuth bismuth (bĭz`məth) [Ger. Weisse Masse=white mass], metallic chemical element; symbol Bi; at. no. 83; at. wt. 208.9804; m.p. 271.3°C;; b.p. about 1,560°C;; sp. gr. 9.75 at 20°C;; valence +3 or +5. . The intensity and regional extent of the anomalies, and association with known alteration and mineralization strengthen the belief of Alberta Star's exploration team headed by Dr. Hamid Mumin that the Contact Lake Belt is capable of hosting a potentially economically significant Olympic Dam IOCG style of deposit. The results of the detailed airborne VTEM and ground based magnetic and radiometric survey results are now available on Alberta Star's corporate website at www.alberta-star.com.

DRILLING 15,000 METER DRILL PROGRAM

A recently completed interpretation report by Dr. Hamid Mumin of Brandon University, covering the various geophysical data sets and available geological information relating to the Contact Lake property recommends the execution of comprehensive exploration program for 2006. The program will include additional ground and airborne geophysics such as localized Induced Polarization/Resistivity (IP/Res) geophysics over selected portions of the high-amplitude magnetic anomalies, mapping, line-cutting and then followed by a comprehensive 15,000 meter drill program at Contact Lake, targeting the high-priority areas. Additional drilling is being planned for other high priority targets in the Port Radium-Echo Bay district. The scheduled holes will be drilled to an average depth of 200-500 meters per-hole using a Boyles 25A. Drilling is expected to commence in mid to late April 2006.

CONTACT LAKE-5 YEAR CLASS "A" DRILLING PERMIT ISSUED-FULLY PERMITTED

Alberta Star has been granted a five year Sahtu Land & Water Board Class "A" Land Use Permit for diamond drilling on the Contact Lake Project. The diamond drilling permit is valid until August 24, 2010. Alberta Star is the first mineral exploration company in over 10 years to receive a Class "A"-5 Year drill permit in the Great Bear Lake Sahtu Dene dene  
n. Chiefly British
A sandy tract or dune by the seashore.



[Possibly East Frisian düne, a sand dune; akin to dune.
 Land settlement area for mineral exploration and diamond drilling. Alberta Star is fully permitted for diamond drilling in the Sahtu Dene Land Settlement Area at Contact Lake.

CONTACT LAKE IRON OXIDE COPPER, GOLD, SILVER AND URANIUM PROJECT

The Contact Lake project is located 5 km southeast of Port Radium on the east side of Great Bear Lake Northwest Territories and 670 kilometers north of the city of Yellowknife. The total size of the Contact Lake project and surrounding area is over 51,473.96 acres in size. The Contact Lake Project is located 5 kilometers from two past producing high grade silver and uranium mines, 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. The Contact Lake Mine is a former past producer of silver and high grade uranium. The Contact Lake Mineral belt encompasses an extremely mineral rich portion of the Great Bear Magmatic Zone, as evidenced from the production records of six former past producing silver and uranium mines in the area. The five past producing silver and uranium mines include the Echo Bay Silver Mine, Eldorado Uranium Mine, Contact Lake Silver and Uranium Mine, Bonanza and El Bonanza Silver and Uranium mines and are now included within Alberta Star's land package ownership. Alberta Star is the first mineral exploration company in 75 years to successfully stake, acquire and control one entirely contiguous land package in this mineral rich region. The Contact Lake Mineral Belt is approximately 15 kilometers long and is recognized by geologists, as one of the most prospective Iron oxide copper, gold, silver and uranium regions located anywhere in the world. The current spot price for uranium is now $39.50 US as of March 14, 2005.

ALBERTA STAR DEVELOPMENT CORPORATION

Alberta Star is a Canadian mineral exploration company that identifies, acquires, and finances advanced stage exploration projects in Canada. Alberta Star is focusing in the discovery of base and precious metals Precious Metals

Valuable metals such as gold, iridium, palladium, platinum, and silver.

Notes:
Investing in precious metals can be done either by purchasing the physical asset, or by purchasing futures contracts for the particular metal.
 and uranium.

ALLAN FELDMAN-INVESTOR RELATIONS

Investors are welcomed to contact Mr. Allan Feldman, Alberta Star's In-house Investor Relations Investor relations

The process by which the corporation communicates with its investors.
 and Corporate Communications Specialist, for all corporate updates at (604) 948-9663.

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.

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)
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 14, 2006
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