Alpha Exploration Inc. (TSXV:AEX) reported that drilling has commenced at the Middle Lake property in the Athabasca Basin, owned 80% by Alpha and 20% by Acme Resources Inc. (TSX-V: ARI) as a carried interest. Drill targets are northeast from two historical uranium boulder and radon trains discovered in the 1970’s by AREVA.
As quoted in the press release:
The exploration target at Middle Lake is shallow, high-grade uranium mineralization hosted in basement rocks at approximately 10 to 20 meters below surface (ie. below glacial till and sediments). Drill targets are northeast (up-ice) from two historical uranium boulder and radon trains discovered in the 1970’s by AREVA. The recent gravity survey has delineated prospective gravity low targets that are coincident with VTEM and historical EM conductors, favourable magnetic transitions, and geochemical (radon and helium) anomalies.