Alberta Star Development Corp.
Contact LakeProjects

Eldorado South Uranium Target



click to enlarge

Eldorado South Uranium Target
The Eldorado South uranium claims consist of 16 contiguous claims located south of the Eldorado uranium mine on the east side of Great Bear Lake, NT and 423 miles north of the city of Yellowknife, and consists of 11,281.85 hectares (27,878.27 acres). The anomalous area of the Eldorado south uranium claims includes several large radiometric anomalies of up to 2.5 kilometers in length and suggests a potentially significant near surface uranium target. These large uranium anomalies have never been explored nor drill tested and will be an important focus of exploration by Alberta Star in 2007. The airborne geophysical survey was conducted in July and consisted of 16,708 line-kilometers at 100 meter line-spacings and was completed under hot, sunny and dry weather conditions.

This is the first High Resolution, Multi-Parameter Regional Radiometric and Magnetic survey ever conducted over the Eldorado & Contact Lake IOCG & Uranium Belt using newly developed geophysics technology. Several of the larger anomalies show uranium radiometric signatures of comparable or greater in strength, to the known zones of uranium mineralization already identified on the Company's uranium properties.

The Primary Eldorado South Anomaly was discovered as a result of the completion of a High resolution, Multi-Parameter Regional Radiometric and Magnetic geophysical survey which was conducted in July, 2006. The Eldorado South Anomaly is over 3.5 kilometers in length and the expression suggests a potential near surface uranium target. The radiometric profiles show a clear well defined anomaly with a marked correlation of strong thorium (Th) and potassium (k) ratio patterns.

The Company will begin a detailed regional reconnaissance scale sampling and mapping program on the newly staked Eldorado south uranium claims. The Company intends to advance its uranium exploration and drilling activities and continue with development of its strategically owned assets in the Eldorado & Contact Lake uranium and IOCG districts.