Alberta Star Development Corp.: IP Survey Crews Mobilized; Scott Geophysics Ltd. Appointed.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--April 14, 2003 Tim Coupland, President of Alberta Star Development Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ASXSF)(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 ), 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 Scott Geophysics as contractor for the Longtom Lake project. Scott Geophysics will be mobilizing to the Longtom Lake project to perform a 20 day Induced Polarization Induced polarization (IP) is a geophysical imaging technique used to identify subsurface materials, such as ore. The method is similar to electrical resistivity tomography, in that an electric current is induced into the subsurface through two electrodes, and voltage is (IP) survey. Scott Geophysics is a Vancouver based geophysical service company specializing in detailed IP surveys. The survey will be headed by Al Scott, B.Sc., M.B.A., P.Geo who has worked as a geophysicist extensively with Cominco, Ananconda, and Gulf Minerals. Scott Geophysics was established in 1987 and currently operates as an independent consultant. Scott Geophysics will perform the Spring ground geophysics program on the Longtom property that will include detailed, localized Induced Polarization/Resistivity (IP) traverses over selected portions of the 2.5-3.5 mGal gravity-magnetic anomalies, prospecting, geochemical sampling, drilling, and for general working capital. Work is expected to commence shortly with drilling to commence April/May and continue into the fall of 2003. 20-HOLE DRILL PROGRAM Drilling will commence upon completion and interpretation of the various geophysical data sets that have been completed. The Klein report relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the Longtom property recommends the execution of ground geophysics such as localized Induced Polarization/Resistivity (IP/Res) over selected portions of the high-amplitude gravity-magnetic anomalies, mapping, additional prospecting, followed by a comprehensive 20-hole drill program targeting high-priority areas. IP work is expected to finish in late April, with drilling to commence in late April and early May. DRILL PERMITS ISSUED Alberta Star has been issued a Class "A" Land Use Permit for the company's spring/summer drill program. This permit is valid until June 25, 2007. LONGTOM LAKE IRON-OXIDE HOSTED COPPER GOLD PROJECT (IOCG IOCG Iron Oxide Copper Gold IOCG International Organization for Crystal Growth ) The Longtom property is Alberta Star's prospective Olympic Dam style (IOCG) Iron-Oxide, Copper, Gold, +Cobalt, Silver, Nickel, 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. exploration project near Longtom 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 properties throughout the world where there is a reasonable expectation of identifying and yielding a world- class deposit. CLIVE MASSEY-INVESTOR RELATIONS Investors are welcomed to contact Mr. Clive Massey, Alberta Star's In-house Investor Relations Investor relations The process by which the corporation communicates with its investors. Specialist for all corporate updates at (604) 662-3903. ALBERTA STAR DEVELOPMENT CORP. Tim Coupland, President The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this News Release. |
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