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Alberta Star to Conduct a 'Megatem' Airborne Geophysical Survey on the MacInnis Lake Uranium Project in Canada's Northwest Territories.


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:ASK)(OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:ASXSF) -

Tim Coupland, President and 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.  of Alberta Star Development Corp. (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 announce that the company will conduct a Fugro deep penetrating airborne electromagnetic geophysical ("MEGATEM") survey on the company's MacInnis Lake uranium project. The airborne survey is expected to begin shortly, using a specially modified Dash-7 aircraft and will cover a total of 951 line kilometers, which are being flown along east-west oriented lines spaced at 200 meter spacings. Jan Klein, M.Sc., P.Eng., P.Geo., the company's consulting geophysicist, will review and compile all of the data generated from the geophysical survey. The large scale and high transmitter power of the proprietary "Megatem" system allows for deep penetrating exploration in the search for unconformity un·con·for·mi·ty  
n. pl. un·con·for·mi·ties
1. Lack of conformity; nonconformity.

2. Geology A surface between successive strata representing a missing interval in the geologic record of time, and produced
 type uranium deposits associated with graphitic y conductors in the basement. Results from the geophysical survey combined with archived historical drill results will assist the company in its drill targeting and expanding known uranium showings on the project. Summer exploration activities will include follow up ground geophysics and diamond drilling. Erik Ostensoe P.Geo., is the Qualified Person for the MacInnis Lake uranium project.

MACINNIS LAKE URANIUM PROJECT ("UNCONFORMITY OR BASEMENT HOSTED URANIUM SETTING")

The MacInnis Lake uranium claim block located in the Nonacho Basin 150 km northeast of Fort Smith, Northwest Territories Fort Smith (Slavey language: Thebacha "beside the rapids") is a town in the South Slave Region of the Northwest Territories, Canada. It is located in the southeastern portion of the Northwest Territories, on the Slave River and adjacent to the NWT/Alberta border.  and 275 km southeast of the city of Yellowknife, consists of 26,184.64 acres. The MacInnis lake Uranium project is considered as an unconformity or basement hosted deposit setting. Unconformity-related uranium deposits can be extremely high grade and can average 10%+, and this is the setting for the vast majority of deposits in the Athabasca Basin in northern Saskatchewan. The MacInnis Lake uranium claim block is known to have widespread surface 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.
, and contains 28 high grade uranium showings that were drill discovered between 1954 and 1988. All uranium exploration and drilling datasets have been archived and recorded by the Geological Survey of Canada. Alberta Star's management believes the MacInnis Lake area has the potential to host a world-class, economic uranium deposit, similar to those at Saskatchewan's McArthur River and Cigar Lake. The Macinnis Lake uranium project currently has over 100 historical uranium drill- hole results. These drill holes were successfully completed by Canadian Pipelines and Petroleum Ltd and Scurry-Rainbow Oil Ltd., between 1954 and 1988. The highest uranium values intersected in drill core at the Dussault Showing intersected 0.84% U308 over 2 feet. This high grade zone is more than 150 metres along strike and 60 metres at depth. Uranium mineralization rakes to the Northeast at 40 degree. This showing has been drill tested to a depth of 50 metres. The Ace Uranium showing was drill tested with 57 drill holes totaling 6,096 metres. Uranium mineralization was drill tested to a depth of 150 metres. A narrow, high grade uranium ore zone that was discovered is 50 metres in length and 6 metres wide, was outlined on the property. The world average grade from producing uranium mines is 0.15% U308. All historically archived drill data is available from the Northwest Territories Geoscience ge·o·sci·ence  
n.
Any one of the sciences, such as geology or geochemistry, that deals with the earth.



ge
 office of Research and Information. The company will be completing a National Instrument NI 43-101 compliant report on the property by a qualified person in late April. The historical data predates NI #43-101 standards and these estimates should not be relied upon.

MACINNIS LAKE URANIUM PROJECT - OPTION AGREEMENT MAX RESOURCES

Alberta Star has entered into an option agreement (the "Option Agreement") with Max Resource Corp. (TSX VENTURE:MXR MXR Mixer
MXR Munxar (postal locality, Malta)
MXR Mail Exchange Record
) whereby Max can earn a 50% interest in Alberta Star's MacInnis Lake Uranium Project in Canada's Northwest Territories. Max Resource Corp. can earn its interest by making total cash payments of $30,000 to Alberta Star, incurring exploration expenditures totaling 2 Million dollars over five years and issuing 200,000 common shares. Alberta Star will be the operator of the project.

ALBERTA STAR DEVELOPMENT CORPORATION

Alberta Star is a Canadian mineral exploration company that identifies, acquires, finances advanced stage exploration projects in Canada. Alberta Star is focused in the discovery of uranium, 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.
.

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

Erik Ostensoe P.Geo., is the qualified person for the MacInnis Lake uranium 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 has not reviewed and does not accept responsibility for the adequacy or accuracy of the content 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 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1CANA
Date:Apr 12, 2005
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