Alpha Provides Update on Carpenter Lake Project

ALPHA EXPLORATION INC. ("Alpha" or the "Company") is pleased to provide an update on the Carpenter Lake Project ("Carpenter Lake", or the "Property"), Athabasca Basin, Saskatchewan, Canada, as part of Alpha's Option Agreement to earn a 60% interest in the Carpenter Lake Property from Noka Resources Inc.

All geochemical data from the 2014 winter and summer exploration programs have been received by Alpha. Results have been integrated with historical geochemical data sets, and with airborne geophysical surveys flown recently by Alpha. Figure 1 provides a summary of key target areas, including:

• the high surface radioactivity around Sill Lake west of the Cable Bay Shear Zone, and;
• high uranium in lake sediment concentrations along the Cable Bay Shear Zone.

To view Figure 1, Summary of Key Target Areas, please visit:

https://orders.newsfilecorp.com/files/3046/12273_alpha1enhanced.jpg

For illustration, lake sediment concentrations of up to 37 ppm uranium compare favourably to the Patterson Lake area where 3.8 ppm uranium was the strongest anomaly obtained, and spatially associated to the uraniferous boulder field.

Both target areas are bolstered by the presence of:

• conductors parallel to the Cable Bay Shear Zone
• orthogonal structural offsets of conductors, as inferred from airborne geophysical surveys.

Alpha will continue to evaluate and prioritize the integrated target areas, and will provide details for anticipated follow up work this winter once programs and budgets are approved.

Summary of Exploration done in 2014:

• 71 rock samples collected during a three week summer boulder prospecting program;
• 1,473 radon samples collected during a two-stage winter and summer program;
• 60 lake sediment samples collected during a three week winter program;
• Airborne gamma spectrometer survey in July: 3,931 line-kilometres covering 10x20 kilometre block at 50 metre line spacing (news release July 24, 2014);
• Airborne VTEM survey in February (versatile time-domain electromagnetic and magnetic surveys): 1,892 line-kilometers over a 10x20 kilometre block at 100 metre line spacing (news release dated Feb. 3, 2014).

Figure 2 on Alpha's website provides detailed information for geochemical samples, airborne radiometric anomalies, conductors and inferred structures.

To view Figure 2, Carpenter Lake 2014 Exploration Program, please visit:

https://orders.newsfilecorp.com/files/3046/12273_alpha2enhanced.jpg