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 [...]
Alpha Exploration Ltd. is pleased to announce that, after market close on December 7, 2023, it closed the first 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 total aggregate gross proceeds of $4,180,001.00 . The principal use of the proceeds of the Offering will be for funding ongoing [...]
Alpha Exploration Ltd. is pleased to announce a non-brokered private placement financing of units at a price of C$0.70 per Unit , for aggregate gross proceeds of up to C$5 million . Each Unit is comprised of one ordinary share of the Corporation and one-half of one ordinary share purchase warrant . Each whole Warrant will entitle the holder to acquire one additional Share at an exercise price of $1.05 per Warrant Share [...]
Alpha Exploration Ltd. announces results from its recent drilling program completed over the district scale Aburna Gold Prospect on the Company's 100% owned, 771km² Kerkasha Project located in southern Eritrea. Aburna is an orogenic-style gold prospect stretching approximately 7km northeast and 2km wide based on elevated gold in soils, geological mapping, trenching and geophysical surveys as well as localized drilling. To [...]
Alpha Exploration Ltd. announces an exploration update over the 100% owned, 771km2 Kerkasha Project located in southern Eritrea. Recent exploration has focused on the Company's district scale, orogenic Aburna Gold Prospect. Following completion of separate 5km x 2km GAIP and ground magnetic surveys in March to July this year, as well as 4,356m of trenching at the Aburna Gold Prospect, the Company has defined four primary [...]
Alpha Exploration Ltd. is pleased to announce the appointment of Matthew Grainger as Vice President Business Development. Mr. Grainger is a geologist with over 25 years' experience in the mining industry. Most recently he was Executive Director and co founder at AIM/TSX-V listed Altus Strategies Plc prior to its merger with TSX-V listed Elemental Royalties in 2022 to form Elemental Altus Royalties , a US$160m diversified [...]
Alpha Exploration Ltd. is pleased to provide an update on its ongoing aggressive exploration program over the 100% owned, 771km2 Kerkasha Project located in southern Eritrea. Exploration has focused on the Company's district scale, orogenic Aburna Gold Prospect and the Tolegimja Copper-Zinc-Gold VMS Prospect. The Aburna Gold Prospect is a significant gold discovery made by Alpha with mineralization systematically defined [...]
13M @ 4.24 G/T AU 11M @ 3.99 G/T AU 6M @ 4.97 G/T AU Alpha Exploration Ltd. is pleased to announce results from recent drilling in 2023 at its Aburna Gold Prospect, which consisted of ten Reverse Circulation drill holes totalling 1,188m, from the Northeast Target Area. We have also received assay results from a single RC hole in the Dasharna Target Area but, this had no significant results. We are also announcing assay [...]
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