Alpha Exploration Ltd logo

Alpha Exploration Ltd

ALEX Website
$0.52
$0.01 (1.96%) 24h
$-0.01 (-1.92%) 7d
Last updated: Oct 29, 2025, 5 p.m.

Loading chart data...

Failed to load chart data

Showing of expected data points
Limited data available
Data completeness: %
Market Cap
$60,000,000
Volume (24h)
N/A
Day Range
$0.52 - $0.52
52-Week Range
$0.47 - $0.92

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

Newsfile News Releases (MiningStocksNews)
Oct 21, 2025

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.

By Newsfile News Releases (MiningStocksNews)
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.

Aburna Orogenic Gold Prospect

Early Stage Exploration 90.00% owned
Kerkasha Licence, Eritrea, Arabian-Nubian Shield

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

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.

Anagulu Porphyry Copper Gold Prospect

Early Stage Exploration 90.00% owned
Kerkasha Licence, Eritrea, Arabian-Nubian Shield

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

Early Stage Exploration 100.00% owned
Eritrea, Arabian-Nubian Shield

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

Early Stage Exploration 90.00% owned
Kerkasha Licence, Eritrea, Arabian-Nubian Shield

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

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.

Tolegimja Zinc Gold Copper VMS Prospect

Early Stage Exploration 90.00% owned
Kerkasha Licence, Eritrea, Arabian-Nubian Shield

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

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 Oct. 13, 2025

Filings data not yet available.

No Twitter handle configured for this company.