Alpha Minerals Inc ESOFD

Worth reading

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The weekly Resource Clips roundup of Athabasca activity has a great summary of last week's AMW/FCU news, plus a welcome aerial photo of the rigs at work on Patterson Lake South. The article gives a clear non-technical description of the drill results and scintillometer readings. Well worth reading, especially for new investors or those just beginning to look into what is happening at PLS and in the basin generally.

It also contains this paragraph, quoting Skyharbour CEO John Trimble, on the potential of the AMW/FCU discovery for surrounding properties:

Referring to the Alpha/Fission discovery of a fourth PLS zone, Trimble says, “Clearly they’re dealing with a very powerful geological event that created this deposition of uranium. That has implications for the surrounding properties. Another point is the success they’re having with these indicators—the radon anomalies, the boulder train discovery. They’re having huge success with their methodology and the specific targets they’re drilling. That’s important for companies at an earlier stage, and I think Alpha and Fission have shown the market the significance of pre-drilling exploration and reconnaissance work. There’s a lot of value you can put into a project even before you get the drill rigs there.”

Link: https://resourceclips.com/2013/08/18/athabasca-basin-and-beyond-12/

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