Projects

Carpenter Lake

The Carpenter Lake property is a 60/40 joint venture between ALX (60%) and Pacton Gold Inc. (40%) over 8 claims totaling 16,872 hectares.The property lies along the southern portion of the Cable Bay Shear Zone (“CBSZ”) where it crosses the southern margin of the Athabasca Basin. The CBSZ is a crustal-scale, regional lithotectonic domain boundary, nearby and parallel to the Virgin River Shear Zone which hosts the Centennial uranium deposit. Major structures are a critical element to the formation of unconformity-type uranium deposits.

Highlights

The uranium exploration potential of the Carpenter Lake property is underscored by numerous uranium anomalies in historical lake sediment samples, reinforced further by airborne radiometric anomalies, along and west of the of the Cable Bay Shear Zone.The overall uranium potential of the Carpenter Lake property is vastly underexplored.

Proximity to Uranium Discoveries, Deposits, Mills and Mines

  • Approximately 95 km west of the past-producing Key Lake uranium mine.
  • Approximately 70 km west of the active Key Lake Mill which is serviced by HWY 914.
  • Approximately 40 km southeast of the Centennial deposit on the Virgin River shear zone.

Exploration by ALX and Predecessors

2014

  • An airborne versatile time-domain electromagnetic (VTEM) and horizontal magnetic gradiometer survey. 1,892 line-km over a 10-by-20 km block at 100-metre line spacing (see Alpha news release dated February 3, 2014).
  • A detailed, low-altitude, airborne gamma spectrometer survey by Goldak Airborne Surveys.3,931 line-km covering a 10-by-20 km block at 50-metre line spacing (see Alpha news release dated July 24, 2014)
  • Radon-in-water and radon-in-soil survey in March to April, 2014. 60 lake sediment samples collected during a three-week winter program (see Alpha news release dated May 21, 2014).
  • A boulder prospecting program was conducted in August 2014, to follow up targets defined from integrated airborne geophysical and ground geochemical anomalies. 71 rock sample were collected during a three-week summer boulder prospecting program (see Alpha news release dated September 18, 2014).
  • Detailed follow-up radon-in-soil and soil geochemical surveys to enhance targets established from previous surveys in April, 2014. Radon work was completed in September, 2014 by RadonEx, where 1,473 radon samples were collected during a two-stage winter and summer program.

2015

  • CGG Aviation (Australia) Pty Ltd. completed a FALCON® airborne gravity gradiometer gravity survey: 340 line-km flown at 100-metre line spacing covering a grid area of approximately 10 x 4 km (see Alpha news release dated March 12, 2015).
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