Alpha Exploration Ltd. is pleased to announce that it has completed the drilling program that was announced on July 7th, 2022. The program was initially going to consist of about 1,000 meters of diamond drilling and 3,000 meters of reverse-circulation drilling on three of Alpha's most important prospects on its large 100% owned Kerkasha Project, Eritrea. However, the program was changed so that the last four drill holes [...]
Alpha Exploration Ltd. is pleased to announce that, after market close on September 13, 2022, it closed the first tranche of its previously announced non-brokered private placement of units in the capital of the Corporation at a purchase price of $0.70 per Unit , for total aggregate gross proceeds of $1,710,409.40 . The principal use of the proceeds of the Offering will be for funding ongoing exploration work on the [...]
Drill Hole at Aburna Gold Returns 20m at 7.73 g/t Gold Alpha Exploration Ltd. is pleased to announce that it has recently completed the diamond drilling part of the drilling program that was announced on July 7th 2022, and consisted of approximately 1,000 meters of diamond drilling and 3,000 meters of reverse-circulation drilling on three of its most important prospects on its large 100% owned Kerkasha Project, Eritrea [...]
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$3,600,000 million and a maximum of 5,142,857 Units . Each Unit is comprised of one ordinary share of the Corporation and one whole ordinary share purchase warrant . Each Warrant will entitle the holder to acquire one additional Share at an exercise price [...]
Alpha Exploration Ltd. is pleased to announce the appointment of Francisco Del Castillo, CPA, CA, as Chief Financial Officer of the Company. Mr. Del Castillo will assume responsibility from Chris van der Westhuyzen with immediate effect. Mr. van der Westhuyzen will remain a director of Alpha. Mr. Del Castillo received his CPA, CA qualification in 2013 and is Senior Consultant with Malaspina Consultants Inc., a private [...]
Alpha Exploration Ltd. is pleased to announce that it has commenced follow-up drilling programs at three of the most important prospects on its Kerkasha Project . These prospects are the Aburna gold orogenic prospect, the Tolegimja copper-zinc-gold volcanogenic-massive-sulphide prospect and the Anagulu gold-copper porphyry prospect. The drill program will total approximately 1,000m of diamond drilling and 3,000m of [...]
Alpha Exploration Ltd. is pleased to announce final results from the first drilling program on its Aburna gold prospect, part of the Company's 100% owned Kerkasha Project, Eritrea. A program consisting of 19 reverse-circulation drill holes was completed in February and March this year and results from 18 of these holes were announced on May 3 and May 25, 2022. Now assay results have been received from the final hole [...]
Alpha Exploration Ltd. is pleased to announce assay results from the first drill program at its Tolegimja volcanogenic-massive-sulphide discovery. Tolegimja is one of seventeen prospects on Alpha's 100% owned Kerkasha Project in Eritrea. The drill program of this prospect comprised nine reverse-circulation drill holes for a total of 1,862m and was completed in February this year. All assay results have now been received [...]
Alpha Exploration Ltd. is pleased to announce more results from the first drilling program on its Aburna gold prospect, part of the Company's 100% owned Kerkasha Project, Eritrea. A program consisting of 19 reverse-circulation drill holes was completed in February and March this year and results from the first 14 holes were announced earlier this month and now assay results from 4 of the 5 remaining drill holes have been [...]
Alpha Exploration Ltd. is pleased to announce results from 14 of 19 reverse-circulation drill holes at the Aburna gold prospect, part of the Company's 100% owned Kerkasha Project, Eritrea. Highlights Drill hole ABR-005 in the Hill 52 location intersected 15 meters averaging 5.85 g/t gold. Drill hole ABR-008 in the Celebration Hill location intersected 10 meters averaging 5.24 g/t gold. The Aburna gold prospect on the [...]
Alpha Exploration Ltd. is pleased to announce that it closed the first tranche of its previously announced non-brokered private placement of units in the capital of the Corporation at a purchase price of $0.75 per Unit , for total aggregate gross proceeds of $1,401,375.00 . The principal use of the proceeds of the Offering will be for funding ongoing exploration work on the Kerkasha Project in Eritrea, operating and [...]
Alpha Exploration Ltd. is pleased to announce a non-brokered private placement financing of units at a price of C$0.75 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 $1.125 per Warrant Share [...]