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Alpha Exploration Ltd

ALEX Website
$0.67
$0.02 (3.08%) 24h
$-0.02 (-2.90%) 7d
Last updated: Jul 31, 2025, 5 p.m.

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Market Cap
$63,400,000
Volume (24h)
7,000
Day Range
$0.66 - $0.67
52-Week Range
$0.62 - $0.70

Company Overview

Mining company

Latest News

Newsfile News Releases (MiningStocksNews)
May 15, 2025

Alpha Exploration Ltd. Announces Extension of Private Placement Financing

Alpha Exploration extends its private placement until June 16, 2025, to fund exploration in Eritrea; proceeds support operations, with insider participation considered a related-party transaction.

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Apr 9, 2025

Alpha Exploration Closes First Tranche of Private Placement Financing

Alpha Exploration Ltd. has closed a non-brokered private placement, raising $3.2 million by issuing 4.57 million units at $0.70 each. Proceeds will fund exploration in Eritrea and cover operational costs. …

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Mar 21, 2025

Alpha Exploration Announces Private Placement Financing

Alpha Exploration Ltd. is conducting a non-brokered private placement to raise up to C$6 million by offering units at C$0.70 each, with proceeds aimed at funding exploration in Eritrea and …

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Jan 9, 2025

Alpha Exploration Announces Additional New Drill Results from the Aburna Gold District, Kerkasha Project, Eritrea

Alpha Exploration Ltd. announced new drill results from its Kerkasha Project in Eritrea, highlighting significant gold mineralization at the Aburna site, particularly in the Hill 52 and Central areas. Assays …

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Jan 2, 2025

Alpha Exploration Announces Resignation of Officer

Alpha Exploration Ltd. announces the retirement of CEO Michael Hopley effective December 31, 2024. He will remain as a director and Chairman. Timothy Livesey has been appointed Interim CEO, bringing …

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Nov 14, 2024

Alpha Exploration Announces New Drill Results from the Aburna Gold District Including 29 Meters Averaging 2.89 g/t Gold at Hill 52 Prospect, and 8 Meters Averaging 3.77 g/t Gold at the Northeast Prospect

Alpha Exploration Ltd. has announced initial drilling results from its Aburna orogenic gold prospect within its Kerkasha Project in Eritrea. The prospect is one of three significant discoveries by Alpha …

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Nov 7, 2024

Alpha Exploration Announces Results of Annual General Meeting of Shareholders

Alpha Exploration Ltd. held its annual general meeting on November 6, 2024, where all agendas were approved. About 55.10% of shares were represented at the meeting. Five directors were elected, …

By Newsfile News Releases (MiningStocksNews)

Analysis

No analysis found.

Aburna Gold & Gold + Copper Prospect

Resource Defined 75.00% owned
Aburna Orogenic Gold Prospect, Eritrea
Gold

Major district-scale gold discovery with multiple structural targets, including a 7.2 km x 2 km gold-in-soil anomaly, with significant drilling results and ongoing exploration to confirm resource potential.

Anagulu Cu-Au Prospect

Resource Defined
Anagulu region, Eritrea
Gold

Regionally significant copper-gold porphyry discovery with mineralization over 400 m strike, including high-grade intercepts such as 108 m @ 1.24 g/t Au and 0.60% Cu, with ongoing drilling and exploration.

Tolegimja VMS Cu-Zn-Au Prospect

Resource Defined
Tolegimja area, Eritrea

A new 3 km long volcanic massive sulphide (VMS) discovery with significant zinc, copper, and gold anomalism, including initial drill results of 26 m @ 1.67% Zn and 0.38% Cu.

Executive Team

Alasdair Smith
Manager
Involved with multiple successful discoveries and mine development projects across Australia, Africa including several projects in Eritrea since 2000.
Ashwath Mehra
CEO
Most recently, Mr. Mehra was Advisor Executive Chairman of GT Gold, a company he founded and sold to Newmont Corporation.
Denitsa Doncheva
CFO and Controller
Provides CFO and Controller services to several companies, responsible for financial statements, MD&A, and reporting packages.
Matthew Grainger
Advisor
Former co-founder, COO, and Executive Director at Elemental Altus Royalties, extensive experience in exploration and royalty sector.
Michael Hopley
Director of ALEX
A Director of ALEX and a qualified person for the purposes of National Instrument 43-101 Standards of Disclosure for Mineral …
Scott McKeag
Manager
Designed the exploration drill program that led to the discovery of Jebel Ohier porphyry Cu-Au deposit in Sudan.
Tewelde Haile
Manager
Has worked in the Adola gold belt Exploration in Ethiopia and the Koka gold field in Eritrea (Zara gold mine) …

Board of Directors

John Clarke
Non-Executive Director
B.Sc. in Metallurgy from University College Cardiff, Ph.D. in Metallurgy from Cambridge University, MBA from Middlesex Polytechnic
Tim Livesey
Board Member
Honours degree in geology from the University of Newcastle, Fellow of the Geological Society, Member of the AusIMM
Data extracted from presentation dated April 25, 2025

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