Projects

Kelic Lake

The Kelic Lake property consists of 9 claims owned 100% by ALX totaling 11,629 hectares that straddles the southern margin of the Athabasca Basin, east of recent discoveries near Patterson Lake. The Kelic Lake property is between the eastern boundary of the Clearwater Domain and the crustal-scale Virgin River shear zone which is a regional scale structure that hosts the Centennial uranium deposit.

Highlights

The exploration potential of the Kelic Lake property is well established from nearly three decades of exploration in the region. Important attributes for uranium potential include:

  • Strong structural zones with known uranium enrichment and clay alteration in drill holes;
  • Conductive graphitic pelites, as defined by airborne and ground electromagnetic (EM) surveys, and confirmed locally by drilling;
  • Strongly anomalous uranium values in historical lake sediment and biogeochemical sampling surveys; and irregular depth to the unconformity as defined by drilling, an indication of potential structural offset which is conducive for concentration of metalliferous hydrothermal fluids.
  • Most of the property is under explored with prospective exploration targets.

Proximity to Uranium Discoveries, Deposits, Mills and Mines

  • Approximately 65 km east of the Triple R (Patterson Lake South) and Arrow deposit.
  • Approximately 70 km southwest of the Centennial Deposit on the Virgin River shear zone.

Exploration by ALX and Predecessors

2014

  • CGG Canada Services Limited completed a high resolution airborne magnetic and gamma-ray spectrometry survey: 1200 line-km flown at 100-metre line spacing covering a grid area of approximately 10 x 10 km (see Alpha news release dated October 14, 2014).

2015

  • ALX commissioned CGG Aviation (Australia) Pty Ltd. of West Perth, Australia to complete a FALCONĀ® airborne gravity gradiometer survey which included magnetic and laser scanning digital elevation components: 1210 line-km flown at 200-metre line spacing covering a grid area of approximately 10 x 11.5 km (see Alpha news release dated March 12, 2015).
  • In September 2015, ALX contracted RadonEx to perform a radon and soil/stream sediment sampling program over prospective conductors along the Mirror River.
  • From September to November 2015 a 6 hole drill program was completed totaling 1,924 metres of drilling. The drilling testes airborne gravity and radiometric lows, an airborne VTEM conductor with coincident ground based fixed loop and TEM conductors as well as a north trending magnetic gradient (contact) of regional extent. The results showed extensive bleaching, desilicitication, faulting and hematization in the sandstone, with graphitic metapelites in the basement rocks which are all excellent indicators for a nearby mineralizing system.
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