Alberta Star Development Corp.: Connors Drilling Ltd. Appointed Drill Contractor for the Contact Lake Copper Gold & Uranium-IOCG 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 -- Tim Coupland, President of 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), listed on 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. (ASX) and on the OTCBB (ASXSF), is pleased to report that the Company has appointed Connors Drilling Ltd. as the drill contractor for the Contact Lake Copper, Gold and Uranium uranium (y  rā`nēəm), radioactive metallic chemical element; symbol U; at. no. 92; at. wt. 238.0289; m.p. 1,132°C;; b.p. 3,818°C;; sp. gr. 19. IOCG IOCG Iron Oxide Copper GoldIOCG International Organization for Crystal Growth Project. Connors Drilling Ltd. is a Canadian drilling company that has provided drilling services to the mining industry since 1926. Three drills will be mobilized to the Contact Lake Camp shortly as weather permits for a full season of diamond drilling Diamond Drilling is a highly specialized industry used for mineral exploration around the world. Most commonly using wireline and core bits with diamond encrusted matrix. To drill holes to max depths of twelve thousand feet, for the recovery of core used in verifying mineral . All core from the drill holes will be 50.80 millimeters in diameter known as NQ-2 in the trade. Alberta Star recently completed several geophysical ge·o·phys·ics n. (used with a sing. verb) The physics of the earth and its environment, including the physics of fields such as meteorology, oceanography, and seismology. programs at Contact Lake and the results were successful in detecting several large and strongly anomalous a·nom·a·lous adj. 1. Deviating from the normal or common order, form, or rule. 2. Equivocal, as in classification or nature. zones that are coincident co·in·ci·dent adj. 1. Occupying the same area in space or happening at the same time: a series of coincident events. See Synonyms at contemporary. 2. with known showings of iron oxide The material used to coat the surfaces of magnetic tapes and lower-capacity disks. gold type (IOCG) and related poly-metallic 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. that includes uranium. The Company has targeted 5 large strongly anomalous zones with several secondary anomalies within the intensely altered target areas at Contact Lake for detailed follow-up exploration and diamond drilling. A 15,000 meter drilling program is expected to begin in late April/May at Contact Lake and continue into the fall of 2006. Alberta Star will be using Boyles BBS-25A Drills, a self -propelled, Twin Otter transportable diamond drill that has proven preferable in environmentally sensitive areas An Environmentally Sensitive Area (ESA) is a type of designation for an agricultural area which needs special protection because of its landscape, wildlife or historical value. of Canada's Arctic. E[acute accent acute accent n. A mark (´) indicating: a. that a vowel is close or tense, as é in French été. b. that a vowel or syllable has a high or rising pitch, as in Chinese or Ancient Greek. c. ]DRILLING 15,000 METER DRILL PROGRAM E[acute accent]A recently completed interpretation report by Dr. Hamid Mumin covering the various geophysical data sets and available geological information relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the Contact Lake property recommends the execution of additional ground based geophysics geophysics, study of the structure, composition, and dynamic changes of the earth, its atmosphere, hydrosphere and magnetosphere, based on the principles of physics. such as localized Translated into the spoken language of the country. See localization. Induced Polarization/Resistivity (IP/Res) over selected portions of the high-amplitude magnetic anomalies Magnetic Anomaly may refer to:
E[acute accent]The accompanying table gives a summary of selected high-grade poly-metallic results from reconnaissance and detailed work completed this summer at the Contact Lake project. The complete listing of assay results and detailed mapping is now available on Alberta Star's corporate website at www.alberta-star.com. E[acute accent]GOLD MINERALIZATION DISCOVERED AND CONFIRMED AT CONTACT LAKE E[acute accent]Alberta Star's summary of selected gold assay results from detailed reconnaissance along the Contact Lake Mineral Belt, NWT NWT or N.W.T. abbr. Northwest Territories NWT Northwest Territories (of Canada) . Included are the following Gold sample results:
--------------------------------------------------------------------
Cop- Sil- Cob- Uran- Bism-
Sample Sample per Gold ver alt ium uth Zinc
Location No. (%) (g/t) (g/t) (ppm) (ppm) (ppm) (ppm)
--------------------------------------------------------------------
Thompson 0458894W/ 158055 5.45 6.20 104.6 1065 1301 3016 508
Showing 7318716N
-----------------------------------------------------------
0458886W/ 203845 31.32 0.20 437.0 150 2 10 541
7318709N
-----------------------------------------------------------
Crushed 203914 1.75 3.4 81.4 6330 3651 2013 482
rock
pile
giving
15,000
cps
(TC1) on
scintill-
ometer
--------------------------------------------------------------------
--------------------------------------------------------------------
J-1 0460732W/ 203936 3.09 1.80 15.5 308 4 89 58
Zone 7323150N
--------------------------------------------------------------------
--------------------------------------------------------------------
K-2 K-2 203817 2.26 0.70 5.0 2042 6 36 106
Gossan gossan
-----------------------------------------------------------
K-2 203822 0.82 1.00 4.6 4160 4 36 30
gossan
--------------------------------------------------------------------
E[acute accent]HIGH GRADE SILVER MINERALIZATION DISCOVERED AND CONFIRMED AT CONTACT LAKE E[acute accent]Alberta Star's summary of selected high grade silver assay results from detailed reconnaissance along the Contact Lake Mineral Belt, NWT. Included are the following Silver sample results:
--------------------------------------------------------------------
Cop- Sil- Cob- Uran- Bism-
Sample Sample per Gold ver alt ium uth Zinc
Location No. (%) (g/t) (g/t) (ppm) (ppm) (ppm) (ppm)
--------------------------------------------------------------------
Thompson 0458894W/ 158055 5.45 6.20 104.6 1065 1301 3016 508
Showing 7318716N
-----------------------------------------------------------
0458886W/ 203845 31.32 0.20 437.0 150 2 10 541
7318709N
-----------------------------------------------------------
Crushed 203914 1.75 3.4 81.4 6330 3651 2013 482
rock
pile
giving
15,000
cps
(TC1) on
scintill-
ometer
--------------------------------------------------------------------
--------------------------------------------------------------------
Bornite 0464525W/ 158059 2.18 less 57.7 54 5 6 331
Lake 7319932N than
(South .1
Trench) -----------------------------------------------------------
0464525W/ 158060 2.27 less 48.9 63 7 3 768
7319932N than
.1
--------------------------------------------------------------------
--------------------------------------------------------------------
South 0466247W/ 203777 2.61 less 22.4 1872 0.92% 2534 111
Contact 7317385N than
Showing .1
-----------------------------------------------------------
0466271W/ 203835 32.34 0.20 273.0 1202 6 1338 153
7317378N
--------------------------------------------------------------------
--------------------------------------------------------------------
Contact Old 203901 great- 0.4 950 2869 0.82% 3.42% 167
Lake shaft er
Mine than
Site 1.00
(Crushed
Rock)
--------------------------------------------------------------------
E[acute accent]HIGH GRADE COPPER MINERALIZATION DISCOVERED AND CONFIRMED AT CONTACT LAKE E[acute accent]Alberta Star's summary of selected high grade copper assay results from detailed reconnaissance along the Contact Lake Mineral Belt, NWT. Included are the following Copper sample results:
--------------------------------------------------------------------
Cop- Sil- Cob- Uran- Bism-
Sample Sample per Gold ver alt ium uth Zinc
Location No. (%) (g/t) (g/t) (ppm) (ppm) (ppm) (ppm)
--------------------------------------------------------------------
South 0466247W/ 203777 2.61 less 22.4 1872 0.92% 2534 111
Contact 7317385N than
Showing .1
-----------------------------------------------------------
0466271W/ 203835 32.34 0.20 273.0 1202 6 1338 153
7317378N
--------------------------------------------------------------------
--------------------------------------------------------------------
Coastal 0463543W/ 203929 18.85 1.00 88.7 27 2 330 165
Copper 7322144N
Showing
--------------------------------------------------------------------
--------------------------------------------------------------------
Thompson 0458894W/ 158055 5.45 6.20 104.6 1065 1301 3016 508
Showing 7318716N
-----------------------------------------------------------
0458886W/ 203845 31.32 0.20 437.0 150 2 10 541
7318709N
-----------------------------------------------------------
Crushed 203914 1.75 3.4 81.4 6330 3651 2013 482
rock
pile
giving
15,000
cps
(TC1) on
scintill-
ometer
--------------------------------------------------------------------
E[acute accent]HIGH GRADE COBALT MINERALIZATION DISCOVERED AND CONFIRMED AT CONTACT LAKE E[acute accent]Alberta Star's summary of selected high grade cobalt assay results from detailed reconnaissance along the Contact Lake Mineral Belt, NWT. Included are the following Cobalt sample results:
--------------------------------------------------------------------
Cop- Sil- Cob- Uran- Bism-
Sample Sample per Gold ver alt ium uth Zinc
Location No. (%) (g/t) (g/t) (ppm) (ppm) (ppm) (ppm)
--------------------------------------------------------------------
K-2 Zone 0460380W/ 203755 5.85 2.7 12.0 0.71 2 121 44
West 7323611N
-----------------------------------------------------------
8m 215
degrees
from
203755 203912 0.67 0.3 1.7 0.41 7 19 73
--------------------------------------------------------------------
E[acute accent]HIGH GRADE URANIUM MINERALIZATION DISCOVERED AND CONFIRMED AT CONTACT LAKE E[acute accent]Alberta Star's summary of selected high grade uranium assay results from detailed reconnaissance along the Contact Lake Mineral Belt, NWT. Included are the following Uranium sample results:
--------------------------------------------------------------------
Cop- Sil- Cob- Uran- Bism-
Sample Sample per Gold ver alt ium uth Zinc
Location No. (%) (g/t) (g/t) (ppm) (ppm) (ppm) (ppm)
--------------------------------------------------------------------
South 0466247W/ 203777 2.61 less 22.4 1872 0.92% 2534 111
Contact 7317385N than
Showing .1
-----------------------------------------------------------
0466271W/ 203835 32.34 0.20 273.0 1202 Tr 1338 153
7317378N
-----------------------------------------------------------
Old 203901 great- 0.4 great- 2869 0.82% great- 167
shaft er er er
than than than
1.00 200 4000
--------------------------------------------------------------------
E[acute accent]CONTACT LAKE-5 YEAR CLASS "A" DRILLING PERMIT ISSUED-FULLY PERMITTED E[acute accent]Alberta Star has been granted a Sahtu Land & Water Board Class "A" Land Use Permit for diamond drilling at Contact Lake. The diamond drilling permit is valid until August 24, 2010. Alberta Star is the very 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 drilling. Alberta Star is fully permitted for diamond drilling in the Sahtu Dene & Metis Metis (mē`tĭs), in astronomy, one of the 39 known moons, or natural satellites, of Jupiter. Metis goddess of caution and discretion. [Rom. Myth.: Wheeler, 242] See : Prudence land settlement are and is the very first Canadian mineral exploration company in over 75 years to successfully stake and control one entirely contiguous Adjacent or touching. Contrast with fragmentation. See contiguous file. land package from the northwestern extension of Eldorado Uranium Mine to the southeastern extension of Contact Lake Belt. Alberta Star has just formally signed a historic five-year Co-operation and Benefits Agreement with the Deline Land Corporation representing the Sahtu & Metis people of Deline District, NWT supporting their drilling activity at Contact Lake. E[acute accent]CONTACT LAKE IRON-OXIDE HOSTED COPPER GOLD AND URANIUM PROJECT (IOCG) E[acute accent]The Contact Lake property is Alberta Star's prospective Olympic Dam style (IOCG) Iron-Oxide, Copper, Gold, +Cobalt, Silver, Nickel nickel, metallic chemical element; symbol Ni; at. no. 28; at. wt. 58.69; m.p. about 1,453°C;; b.p. about 2,732°C;; sp. gr. 8.902 at 25°C;; valence 0, +1, +2, +3, or +4. , 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. & Uranium exploration project at Contact Lake in Canada's world famous Great Bear Magmatic Zone (GBMZ), Northwest Territories Northwest Territories, territory (2001 pop. 37,360), 532,643 sq mi (1,379,028 sq km), NW Canada. The Northwest Territories lie W of Nunavut, N of lat. 60°N, and E of Yukon. . 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 TONNAGE, mar. law. The capacity of a ship or vessel. 2. The act of congress of March 2, 1799, s. 64, 1 Story's L. U. S. 630, directs that to ascertain the tonnage of any ship or vessel, the surveyor, &c. deposit. E[acute accent]WWW.ALBERTA-STAR.COM E[acute accent]Investors are encouraged to visit the company's fully interactive website at www.alberta-star.com and view the ongoing work being conducted at the Contact Lake Copper, Gold and Uranium (IOCG) project. The website will allow shareholders to view details of the work programs, and drilling that will be conducted at the Company's Contact Lake Iron-Oxide Copper Gold Project in Canada's Northwest Territories. All shareholders and the general public will be able to access the company's web-site and view photographs of field crews and the camp, as well as drilling as it is completed. All exploration data is fully available on the web-site with color images A (digital) color image is a digital image that includes color information for each pixel. For visually acceptable results, it is necessary (and almost sufficient) to provide three samples (color channels of the detailed helicopter airborne magnetic 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 Magnetics) survey over a total fifty square kilometers and a ground based geophysics consisting of ground based total field magnetic survey and 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. E[acute accent]ALBERTA STAR DEVELOPMENT CORP. E[acute accent]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. E[acute accent]Dr. Hamid Mumim Ph.D., P.Eng. is the Qualified Person for the Contact Lake Project. E[acute accent]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 an·a·lyze tr.v. an·a·lyzed, an·a·lyz·ing, an·a·lyz·es 1. To examine methodically by separating into parts and studying their interrelations. 2. Chemistry To make a chemical analysis of. 3. by Acme (company, jargon) ACME - /ak'mee/ 1. A Company that Makes Everything. The canonical imaginary business. Possibly also derived from the word "acme" meaning "highest point". 2. A program for MS-DOS. Analytical Laboratories Ltd. and Actlabs Laboratories Ltd. E[acute accent]This News Release includes certain "forward looking statements" within the meaning of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. 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. E[acute accent]The TSX Venture Exchange does not accept responsibility for the ad equacy or accuracy of this News Release. E[acute accent]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) |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion