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Alpha Exploration Inc
Symbol AEX
Shares Issued 31,487,748
Close 2014-12-16 C$ 0.08
Market Cap C$ 2,519,020
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Alpha Exploration to drill 2,500 m at Middle Lake

2014-12-18 09:10 ET - News Release

Mr. Michael Gunning reports

ALPHA APPROVES WINTER DRILL PROGRAM AT MIDDLE LAKE PROJECT, CLUFF LAKE AREA, ATHABASCA BASIN, SASKATCHEWAN

Alpha Exploration Inc. has approved a program and budget for the upcoming winter season at its Middle Lake property located adjacent to the former Cluff Lake uranium mine in the western Athabasca basin of Northern Saskatchewan.

The winter program at Middle Lake is planned to include an extension to the ground gravity survey carried out last winter and approximately 2,500 metres of diamond drilling in up to 25 holes. Mobilization is planned for mid-January, 2015, with ground geophysics expected to begin late in January to better define drill targets. Drilling is scheduled to start in early February and is anticipated to take four to six weeks to complete. Alpha is currently securing various service and supply contracts for the program.

Further details will be provided in January, 2015, when the program commences. Please see the company's website for property location maps and summary exploration figures for Middle Lake.

About Middle Lake

Middle Lake comprises a total of 2,416 hectares within one mineral disposition. The property is situated adjacent to the decommissioned Cluff Lake mine site, where approximately 60 million pounds of uranium were extracted by predecessors of Areva Resources Canada. Comprehensive historical exploration results, together with the alteration and anomalous uranium mineralization encountered in the 2014 winter drill program, have established new targets for drilling for the presence of Cluff Lake-style uranium deposits within the property. Middle Lake is a joint venture with Acme Resources Inc., with Alpha holding an 80-per-cent working interest and Acme holding a 20-per-cent carried interest. Please see the company's website for details of the option agreement. The property can be accessed by all-weather Highway 955, and connects to a network of historical roads and trails.

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101, and has been reviewed and approved on behalf of the company by Dr. Michael H. Gunning, PhD, PGeo, a qualified person.

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