Alpha Minerals (TSXV:AMW) is a junior exploration company with a main focus on Uranium and Gold. The Company has projects in British Columbia, Saskatchewan, and Ontario. Although most of Alpha’s projects are solo ventures, it is also involved with partners such as Rio Tinto, Logan Resources, Acme Resources and Fission Energy. Alpha Minerals and Fission Energy, share a 50-50 joint venture at the Patterson Lake South Project in Saskatchewan. The Patterson Lake South Property is recognized as the latest uranium discovery in the Athabasca Basin: “Alpha Minerals Hits 12.5m at 2.49% U3O8 Near Surface At PLS”.
Mikwam Gold Property – Ontario, Canada
Located northeast of Timmins, Ontario the 100 percent owned project covers approximately 1,000 hectares. It is located on the historically prolific Berardi Deformation Zone, known for gold and other precious metals minerilzation. It is situated about 35km from Auzrion’s (TSX:ARZ) Producing Casa Berardi Gold Mine (Reserve 956,000 oz. Measured & Indicated 936,000 oz, Inferred 920,000oz December 2008).
Drill program highlights from the property have included:
- 4.10 g/t Gold over 19.0 metres,
- 4.99 g/t Gold over 13.0 metres,
- 6.32 g/t Gold over 5.6 metres.
Drilling by Alpha Minerals shows that the mineralization is open to depth and along strike.
Donna Gold Property – British Columbia, Canada
Over the past three decades, a joint federal and provincial programme has carried out geochemical surveys in British Columbia. Lying in the Monashee Mountain Range and totalling 2173 ha, the Donna Gold Property lies centrally within one of the largest clusters of anomalous values in stream sediments for gold, as identified by the programme.
In 2010, Alpha completed an initial drilling stage of targets within the known gold zones. The results yielded not only positive results within the trenching in the known zones, but also strong results leading westward into undrilled territory.
Highlights from the drill program:
- Near surface gold mineralization in identified in six out of seven drills
- DDH 10-4 High sulphide interval of 0.5 m with 19.35 g/t gold within vein system 2.3 m at approximately true width, grading 3.8 g/t gold
- DDH10-5: Veining in 7.5 m of core length, at approximately true width, with a grade of 1.67 g/t gold
Athabasca Basin Project – Saskatchewan, Canada
Alpha’s Athabasca Basin Project consists of five properties spread out across Saskatchewan’s Athabasca region, totaling over 100,000 hectares of land. The most advanced of the five is the Patterson Lake South Property.
Alpha Minerals Inc. and Fission Energy form the 50/50 Patterson Lake South Joint Venture that includes claims that straddle the southwestern margin of the Athabasca Basin. The joint venture includes 17 claims (approximately 25,450 hectares). The Patterson Lake South Property (“PLS”) is accessible by road with primary access from all-weather Highway 955, which runs north to the former Cluff Lake mine (greater than 60 million pounds of U3O8 produced), and passes through the nearby UEX-Areva Shea Creek discoveries located 50 kilometres to the north, currently under active exploration and development.
Several of the deposits that made up the Cluff Lake Mine were located by following up uranium boulder fields significantly smaller than the one discovered by the PLS JV. To the Companies knowledge, the PLS boulder field; In terms of area, magnitude and size, is the largest-known boulder field in the basin.
In December 2012, Alpha announced the discovery of High Grade Uranium at the Patterson Lake property.
For more information on the Athabasca Basin Project, click here.
Benjamin Ainsworth, MA, P. Eng – President and CEO
Mr. Ainsworth is a senior Geologist and mining consultant who has been involved in the mining industry for over forty years. He graduated in 1963 with an honors degree in Geology from Oxford University in England. He joined Placer Development in 1965 and held positions of Senior Geologist, Chief Geochemist, Exploration Manager — Eastern Canada, Exploration Manager — Chile, and President — Placer Chile, South America. Throughout the 70′s, Mr. Ainsworth was involved in the design, budgeting and implementation of exploration programs that included large drill programs, geophysical surveys, geological mapping, geochemical surveys, and a full range of project evaluation studies.
Mr. Ainsworth is also a Board Member of: HATHOR Exploration (TSX: HAT), discoverer of Canada’s newest world class Uranium deposit. DAJIN Resources (CVE : DJI) that has 100% interest in lithium brine concessions in Argentina.43-101 rules.
Dr. Michael Gunning, BSc (Hons), MSc, PhD. – Director, Lead Technical Advisor
Dr Gunning attained an Honours BSc degree in geology from UBC, followed by a time in the junior gold exploration sector, and onto mineral deposit research and regional mapping with the British Columbia Geological Survey and Geological Survey of Canada, all towards completing MSc and PhD degrees at the University of Western Ontario. Following work with Teck Resources in base metal exploration in North and South America, he joined the Saskatchewan Geology survey as lead Mineral Deposits Research Geologist. Dr. Gunning is extensively published, has presented at numerous technical and investor conferences, and is past-President of the SEG Student Chapter at Western, and Geological Society of Saskatchewan.
Dr Gunning brings a very diverse and valuable range of experience and proven leadership to Alpha from his 25 years in the mineral exploration and geological research sectors. Most recently as former President and CEO of Hathor Exploration Ltd, he successfully transitioned the Company from the grass roots discovery to the definition of a uranium deposit with truly world class attributes, and steered it’s eventual sale to Rio Tinto Plc., a leading producer in the global uranium sector.
Kurt Bordian, CGA – CFO and Secretary
Mr. Bordian is a designated Certified General Accountant in Canada, and holds a Bachelor of Commerce (Honors) Degree from the University of Manitoba. He has worked primarily in the mineral exploration and oil and gas industries over the past 10 years, and has held the position of Controller with three public companies exploring and operating in the Solomon Islands, Ghana, Tunisia and Western Canada. Mr. Bordian is also active with other public entities as Operations Manager and Corporate Secretary.
Warren Stanyer – Director
Mr. Stanyer has fifteen years of experience in the mineral exploration industry and has served as; a consultant, Corporate Secretary, Officer, Director, President and CEO to a number of public mineral exploration companies including Pioneer Metals Corporation (“Pioneer”), UEX Corporation (“UEX”), and Northern Continental Resources Inc. (“NCR”).
Mr. Stanyer began his career with Pioneer which was a Gold, Base Metal and Uranium Exploration Company with properties in New Mexico, BC, Manitoba and Saskatchewan. In 1999, Pioneer signed an option agreement with Cameco Corporation, which led to the formation of the pure uranium exploration company, UEX. Mr. Stanyer held the positions of Corporate Secretary and Vice President, Corporate Development in both Pioneer and UEX. In 2006, Barrick Gold Corporation took over Pioneer and Mr. Stanyer became a consultant during the transition.
In 2007, Mr. Stanyer began consulting for NCR, a Uranium exploration company and was appointed President and CEO in 2008. Hathor Exploration Limited (“Hathor”) made a successful offer in July 2009 to take over NCR, in competition with Denison Mines.
Currently Mr. Stanyer is a consultant to mineral exploration companies and is a Director of Nevada Sunrise Gold Corp. (NEV-TSX.V) and New Moon Minerals Corporation (a private mineral exploration company). Mr. Stanyer is also President of two other private companies, Ionic Minerals Inc. (a brine research company) and Trailblazer Exploration Inc. (a diamond exploration company).
James Yates – Director
Mr. Yates has over twenty years experience in the mineral exploration industry and has served as a director and officer of several public mining companies. From 1982 to 1988 he was the Founder, President, and Director of Hycroft Resources who successfully brought the Crofoot Mine into production, a gold heap leach operation with annual production of 100,000 ounces of gold. Mr. Yates has overseen the corporate management and financing of a number of projects in North America including American Bullion Minerals, Zappa Resources, and Jersey Goldfields, having raised in excess of $20million for mineral exploration development.
Garrett Ainsworth, PGeo BC – VP Exploration
Mr. Ainsworth is an experienced field geologist, that has been the Project Manager of the Patterson Lake South Project for both Alpha Minerals (ESO Uranium) and Fission Energy. Mr.Ainsworth has been instrimental in the succesful progress of PLS as he has been with the project since its inception. Mr. Ainsworth is also experienced with the requirements of Best Practice and NI43-101 including the design and management of sampling, chain of custody and assaying protocol; implementation of QA/QC protocol, and assay laboratory performance; and maintenance of sample and drill databases. He is adept at assessment and technical report writer and has a proven ability to work within budgetary and tight deadline requirements.
Robert Meister – Corporate Development/Communications
Mr. Meister has nearly 20 years of experience working with public and private companies and has been specializing in the resource sector since 2005. He is a graduate of British Columbia Institute of Technology (BCIT) in Marketing Management and also participated in BCIT’s Exploration and Mining for Investment course. His experience and entrepreneurial nature has allowed him to manage and develop numerous business and management activities including all aspects of Marketing and Corporate Communications at institutional and retail levels, and assisting in raising capital at all phases of corporate development.