Alpha Exploration Ltd
Company Overview
Alpha Exploration Limited is focused on gold and copper discovery in the Arabian Nubian Shield (ANS), a highly prospective region for polymetallic deposits. The company is led by a unique team with a proven track record of discovery, project development, and sales in Eritrea and the broader ANS, having been behind 6 economic discoveries and 3 projects in production. They are rapidly advancing exciting, district-scale copper, gold, and VMS discoveries. The ANS is considered an underexplored frontier with significant potential for future major discoveries.
Latest News
Alpha Exploration Announces CEO Appointment, and Expanded Gold Prospect Targets with RAB Drilling Results
Alpha Exploration appoints John Wilton as CEO and reports positive shallow drill results indicating expanding gold mineralization at its Eritrean projects.
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.
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. …
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 …
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 …
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 …
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 …
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, …
Analysis
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Aburna Gold & Gold + Copper Prospect
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.
Aburna Orogenic Gold Prospect
A major, district-scale orogenic gold discovery and significant open pit target on the Kerkasha Licence. It features a 7.2 km x 2.0 km gold-in-soil anomaly with significant IP and magnetic …
Anagulu Cu-Au Prospect
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.
Anagulu Porphyry Copper Gold Prospect
A regionally significant porphyry copper-gold discovery, considered the third Porphyry system on the Nubian Shield. It has an approximate 2 km strike length with strong Cu and Au soil anomalism …
Kerkasha Licence
Alpha currently holds a large land package (514 km²) within the Kerkasha Licence, located in highly prospective Nakfa Terrain rocks (hosting Bisha and Zara projects). The licence was formerly held …
Kosolda Orogenic Gold Prospect
An orogenic gold prospect on the Kerkasha Licence with an attractive setting: granite intrusive complex abutting a major shear zone comprising volcanosedimentary units. It shows extensive artisanal activity in both …
Tolegimja VMS Cu-Zn-Au Prospect
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.
Tolegimja Zinc Gold Copper VMS Prospect
A 3km long volcanogenic massive sulphide (VMS) target on the Kerkasha Licence, interpreted as a folded VMS target with potential for a 6km strike length. It exhibits outcropping gossans and …
Executive Team
Board of Directors
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