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 [...]
Alpha Exploration Ltd. is pleased to announce results from recent drilling in 2023 at its Aburna Gold Prospect, which consisted of 19 Reverse Circulation drill holes and 4 RC drill hole extensions totalling 2,408m, from the Hill 52 and Central Target Areas. Aburna is located in the southwest part of Alpha's large , 100% owned, Kerkasha Project. Drilling is ongoing and further information will be released when available [...]
Alpha Exploration Ltd. wishes to provide an update on its press releases dated February 7, April 4, and April 10, 2023 surrounding the announcement of, update to and closing of the first tranche of 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 . Alpha closed the second tranche of the Private Placement on May 4, 2023 , for gross [...]
Alpha Exploration Ltd. wishes to provide an update on its press releases dated February 7, April 4, and April 10, 2023 surrounding the announcement of, update to and closing of the first tranche of 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 ordinary share [...]
Alpha Exploration Ltd. is pleased to announce that, after market close on April 6, 2023, 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 $3,341,249.80 . The principal use of the proceeds of the Offering will be for funding ongoing exploration work on the Kerkasha [...]
Alpha Exploration Ltd. wishes to provide an update on its press release dated February 7, 2023 surrounding the announcement of 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 ordinary share purchase warrant . Each Warrant will entitle the holder to acquire one [...]
Alpha Exploration Ltd. is pleased to announce that results of recently completed soil geochemical survey at the Aburna Gold Prospect has expanded the known gold anomaly from 6x2kms to over 7x2kms - see Map 1 below. In addition, twenty-four channels and five trenches have been sampled in various locations with the aim of delineating new drill targets at Aburna. Assay results from fourteen channels and all five trenches [...]
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 ordinary share purchase warrant . Each Warrant will entitle the holder to acquire one additional Share at an exercise price of $1.05 per Warrant Share for a period of 24 [...]
Alpha Exploration Ltd. would like to update investors on the Company's recent activities and future plans. Alpha holds a 100% interest in the large Kerkasha Exploration License in southwest Eritrea. Since acquiring the property in January 2018, the company has spent approximately CAD$14 million on exploration and identified twenty prospects of which six have been drilled to date. Based on these results, three prospects [...]
Alpha Exploration Ltd. is pleased to announce results from recent drilling campaign at its Aburna gold prospect which consisted of 25 drill holes totalling 3,196 m. Aburna is located in the southwest part of Alpha's large , 100% owned, Kerkasha Project. ABURNA DRILL HOLE HIGHLIGHTS Sub Area Hole From To Interval Average g/t Gold Hill-52 Area ABD001 45 59 14.00 1.09 Hill-52 Area ABD001 66 72 6.00 6.11 *Hill-52 Area ABD001 [...]
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