Vancouver, British Columbia--(Newsfile Corp. - September 13, 2017) - Alaska Hydro Corporation (TSXV: AKH) President, Cliff
Grandison, announced the receipt of Golder and Associates' report on the dam design and cost estimates for the Company's More Creek
hydroelectric project. The report includes the assessment of four different dam types, all of which were considered to be viable
choices. The dam types studied were concrete arch, roller compacted concrete, rock fill and earth fill dams. The pre-feasibility
study was based on a roller compacted concrete dam. The Golder study identified the arch concrete dam as the least expensive of all
types and at a reduced cost compared to the roller compacted concrete dam originally selected with the potential for additional
cost savings through optimization of the coffer dam and bypass tunnel. The arch concrete dam design will have a significant impact
on other components which will further reduce costs and be the subject of a revised prefeasibility study.
The location of the dam site was also visited. The report identified the best site in the More Creek Canyon would be
approximately 400 metres downstream of the initially proposed dam site. This location will result in a substantial cost saving in
the construction of the power water tunnel.
The proposed arch concrete dam will require a review of other dam related variables such as access, elevation, construction
methods and schedule.
The revised prefeasibility is expected to be available within a couple of weeks and is expected to improve upon the initial
feasibility.
Engineering and technical studies will continue with the immediate objective of collecting accurate site specific data such as
topography and geology.
Cliff Grandison, Interim President and Chief Executive Officer
(604) 929-3961
NOT FOR DISSEMINATION IN THE UNITED STATES
