Alpha Exploration Ltd. announces today that it has entered into an agreement pursuant to which Cormark Securities Inc. and Canaccord Genuity Corp. have agreed to act as co-lead agents and bookrunners , on behalf of a syndicate of agents in connection with a brokered private placement of 6,670,000 ordinary shares of the Company on a "best efforts" agency basis at a price of $0.90 per Share for aggregate gross proceeds to [...]
Alpha Exploration Ltd. announces today that it has entered into an agreement pursuant to which Cormark Securities Inc. and Canaccord Genuity Corp. have agreed to act as co-lead agents and bookrunners , on behalf of a syndicate of agents in connection with a brokered private placement of 6,670,000 ordinary shares of the Company on a "best efforts" agency basis at a price of $0.90 per Share for aggregate gross proceeds to [...]
Alpha Exploration Ltd. provides an update on its exploration programs across its 100% owned, 771 km² Kerkasha Project located in Eritrea. HIGHLIGHTS: Acceleration of exploration programs on three priority prospects across Kerkasha licence 8,000 metre drill program more than half completed on Aburna Gold Prospect 3rd drill rig en route to accelerate drill target definition at Aburna Additional exploration drilling planned [...]
Alpha Exploration Ltd. announces final results from the first phase of its 2024 drilling program on its Aburna Gold Prospect on the Company's 100% owned, 771 km² Kerkasha Project located in Eritrea. Drilling consists of both reverse-circulation drilling and diamond core drilling. Final assays have now been received for the remaining 16 drillholes drilled at Aburna in Q1 2024 and including 5 holes from Hill 52, 5 [...]
Alpha Exploration Ltd. is pleased to announce that, on April 10, 2024, it closed the second tranche of its previously announced non-brokered private placement of units in the capital of the Corporation of up to $7,000,000.00 at a purchase price of $0.70 per Unit , for aggregate gross proceeds of $2,670,090.60, bringing the total proceeds raised under the offering to $6,850,090.60 . The principal use of the proceeds of the [...]
Alpha Exploration Ltd. further to the Company's press releases dated November 15, 2023, December 8, 2023, January 2, 2024, February 7, 2024, March 1, 2024, and April 1, 2024 Alpha is pleased to announce that due to strong demand it has increased its previously announced non-brokered private placement of units in the capital of the Corporation for proceeds up to $5,000,000 to $7,000,000 at a purchase price of $0.70 per [...]
Alpha Exploration Ltd. announces further drilling results from a 10,000m drill program underway on its Aburna Gold Prospect on the Company's 100% owned, 771 km² Kerkasha Project located in Eritrea. Drilling consists of both reverse-circulation drilling and diamond core drilling. HIGHLIGHTS: 18m @ 15.33 g/t Au from RC-DC hole ABD012 49m @ 2.75 g/t Au from RC-DC hole ABD013 Highest grade mineralization intersected to [...]
Alpha Exploration Further to the Company's press releases dated Nov 15, 2023, Dec 8, 2023 and Jan 2, 2024, Alpha is pleased to announce that the TSX Venture Exchange has agreed to extend the closing of the second tranche of its previously announced non-brokered private placement of units in the capital of the Corporation of up to $5,000,000.00 at a purchase price of $0.70 per Unit , until February 29, 2024. The first [...]
Alpha Exploration Ltd. announces initial drilling results from a 10,000m drill program underway on its Aburna Gold Prospect on the Company's 100% owned, 771 km² Kerkasha Project located in Eritrea. Drilling consists of both reverse-circulation drilling and diamond drilling . Initial assays, including 20m @ 2.82 g/t Au and 22m @ 1.71 g/t Au , have been received from ongoing drilling at Aburna where assays from nine drill [...]
Alpha Exploration Ltd. announces results from metallurgical test work completed on gold samples taken from the Aburna Gold Prospect on the Company's 100% owned, 771 km² Kerkasha Project located in Eritrea. The test work was undertaken at two independent laboratories to assess the amenability of gold recovery from Aburna sulphide bearing mineralisation. HIGHLIGHTS: 88.6-91.9% gold recoveries using a 24-hour cyanide leach [...]
Alpha Exploration Ltd. is pleased to announce that the TSX Venture Exchange has agreed to extend the closing of the second tranche of its previously announced non-brokered private placement of units in the capital of the Corporation of up to $5,000,000.00 at a purchase price of $0.70 per Unit , for current total aggregate gross proceeds of $4,180,001.00 until January 31, 2024. The first tranche of the Offering closed [...]
Alpha Exploration Ltd. announces the start of drilling at the large Aburna Gold Prospect on the Company's 100% owned, 771km² Kerkasha Project located in Eritrea. Up to 10,000 metres of drilling, split into two separate 5,000m programs, is planned at Aburna. Drilling will include both diamond and reverse circulation drilling. Additional exploration work is also on-going at Aburna including trenching of high-priority [...]
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