Alpha Exploration Ltd.

Recent News

Alpha Exploration Completes Diamond Drilling at Kerkasha Project and Announces First Results

Calgary, Alberta--(Newsfile Corp. - September 14, 2022) - Alpha Exploration Ltd. (TSXV: ALEX) ("Alpha" or the "Company") 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. In addition, assay results...

2022-09-14 11:50 AM EDT

Alpha Exploration Announces Private Placement Financing

Calgary, Alberta--(Newsfile Corp. - August 2, 2022) - Alpha Exploration Ltd. (TSXV: ALEX) ("Alpha" or the "Corporation") is pleased to announce a non-brokered private placement financing of units ("Units") at a price of C$0.70 per Unit (the "Offering Price"), for aggregate gross proceeds of up to C$3,600,000 million and a maximum of 5,142,857 Units (the "Private Placement").Each Unit is comprised of one ordinary share (each, a "Share") of the Corporation and one whole ordinary share purchase...

2022-08-02 5:23 AM EDT

Alpha Exploration Announces Appointment of New Chief Financial Officer

Calgary, Alberta--(Newsfile Corp. - July 28, 2022) - Alpha Exploration Ltd. (TSXV: ALEX) ("Alpha" or the "Company") 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...

2022-07-28 5:32 AM EDT

Alpha Exploration Commences Follow-Up Drilling at 3 Prospects on Its Kerkasha Property, Eritrea

Calgary, Alberta--(Newsfile Corp. - July 7, 2022) - Alpha Exploration Ltd. (TSXV: ALEX) ("Alpha" or the "Company") is pleased to announce that it has commenced follow-up drilling programs at three of the most important prospects on its Kerkasha Project (Eritrea). 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...

2022-07-07 8:50 AM EDT

Alpha Exploration Announces Final Drilling Results from Maiden Drill Program at Aburna Gold Prospect

Calgary, Alberta--(Newsfile Corp. - June 27, 2022) - Alpha Exploration Ltd. (TSXV: ALEX) ("Alpha" or the "Company") 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...

2022-06-27 10:22 AM EDT

Alpha Exploration Announces Results from Maiden Drilling at Tolegimja Copper-Zinc-Gold VMS Discovery

Calgary, Alberta--(Newsfile Corp. - June 6, 2022) - Alpha Exploration Ltd. (TSXV: ALEX) ("Alpha" or the "Company") is pleased to announce assay results from the first drill program at its Tolegimja volcanogenic-massive-sulphide ('VMS") 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 (RC) drill holes for a total of 1,862m and was completed in February this year. All assay...

2022-06-06 8:40 AM EDT

Alpha Exploration Announces More Drilling Results from Aburna with Intercept of 22 M of 4.50 G/T Gold

Calgary, Alberta--(Newsfile Corp. - May 25, 2022) - Alpha Exploration Ltd. (TSXV: ALEX) ("Alpha" or the "Company") 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 (ABR-001 to ABR-014) were announced earlier this month (May 3, 2022) and now assay...

2022-05-25 7:58 AM EDT

Alpha Exploration Announces New Gold Discovery at Aburna with Drill Intercepts 15 M of 5.85 G/T Gold & 10 M of 5.24 G/T Gold

Calgary, Alberta--(Newsfile Corp. - May 3, 2022) - Alpha Exploration Ltd. (TSXV: ALEX) ("Alpha" or the "Company") is pleased to announce results from 14 of 19 reverse-circulation (RC) drill holes at the Aburna gold prospect, part of the Company's 100% owned Kerkasha Project, Eritrea.HighlightsDrill 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...

2022-05-03 5:55 AM EDT

Alpha Exploration Ltd. Announces Closing of First Tranche of Private Placement Financing

Calgary, Alberta--(Newsfile Corp. - April 13, 2022) - Alpha Exploration Ltd. (TSXV: ALEX) (the "Corporation" or "Alpha") 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 ("Units") at a purchase price of $0.75 per Unit (the "Offering Price"), for total aggregate gross proceeds of $1,401,375.00 (the "Offering"). The principal use of the proceeds of the Offering will be for funding...

2022-04-13 9:01 AM EDT

Alpha Exploration Announces Private Placement Financing

Calgary, Alberta--(Newsfile Corp. - March 25, 2022) - Alpha Exploration Ltd. (TSXV: ALEX) ("Alpha or the "Corporation") is pleased to announce a non-brokered private placement financing of units ("Units") at a price of C$0.75 per Unit (the "Offering Price"), for aggregate gross proceeds of up to C$5 million (the "Private Placement").Each Unit is comprised of one ordinary share (each, a "Share") of the Corporation and one-half of one ordinary share purchase warrant (each whole warrant, a...

2022-03-25 9:00 AM EDT

Alpha Exploration Ltd. - Grant of Share Options

Calgary, Alberta--(Newsfile Corp. - March 8, 2022) - Alpha Exploration Ltd. (TSXV: ALEX) ("Alpha" or the "Company") announces its intention to grant 100,000 share options to a director. The exercise price of the share options was set at CAD$0.66 and the share options will be exercisable for a period of five years, up to and including 8 March 2022.The grant of share options is subject to approval by the TSX Venture exchange.About AlphaThe company is focused on the discovery of world class...

2022-03-08 1:53 PM EST

Alpha Exploration Finds Massive Sulphide Mineralization in 2 Drill Holes at Tolegimja Prospect

Calgary, Alberta--(Newsfile Corp. - March 3, 2022) - Alpha Exploration Ltd. (TSXV: ALEX) ("Alpha" or the "Company") is pleased to announce that it has recently completed the initial drilling on the Tolegimja and Kona West volcanogenic-massive-sulphide (VMS) copper-zinc-gold prospects on its Kerkasha Project, Eritrea. Significant intervals of massive sulphide mineralization were observed in two of the drill holes at Tolegimja - see below for details.The Tolegimja prospect is a virgin discovery...

2022-03-03 7:00 AM EST

Alpha Exploration Engages Independent Trading Group as Market Maker

Calgary, Alberta--(Newsfile Corp. - February 15, 2022) - Alpha Exploration Ltd. (TSXV: ALEX) ("Alpha" or the "Company") is pleased to announce that, subject to regulatory approval, it has entered into a market-making agreement (the "Market-Maker Agreement") with Independent Trading Group ("ITG") to provide market-making services in accordance with TSX Venture Exchange ("TSXV") policies and applicable law.ITG will trade shares of the Company on the TSXV and all other trading venues with the...

2022-02-15 11:50 AM EST

Alpha Exploration Reports 3.75 g/t Gold over 45 meters at Aburna Prospect

Calgary, Alberta--(Newsfile Corp. - February 10, 2022) - Alpha Exploration Ltd. (TSXV: ALEX) ("Alpha" or the "Company") is pleased to announce results of a recent trench sampling program at the Aburna gold prospect part of the Company's 100% owned Kerkasha Project, Eritrea. The Aburna prospect is a large area measuring approximately 4 km by 2 km, where widespread surface gold mineralization has been recently discovered by Alpha geologists. An extensive channel and trenching program has been...

2022-02-10 9:00 AM EST

Alpha Exploration Announces Mr. Ashwath Mehra to Join Advisory Board

Calgary, Alberta--(Newsfile Corp. - February 2, 2022) - Alpha Exploration Ltd. (TSXV: ALEX) ("Alpha" or the "Company") is pleased to announce that Mr. Ashwath Mehra has been appointed to the Alpha Exploration Advisory Board. Mr. Mehra is a seasoned executive with 35 years of global experience in the minerals industry. Mr. Mehra is an economist by training and received his BSc (Econ) in Economics and Philosophy from the London School of Economics. He is the CEO of the ASTOR Group, a private...

2022-02-02 9:10 AM EST

Alpha Exploration Announces Exploration Update For Q1 2022

Calgary, Alberta--(Newsfile Corp. - February 1, 2022) - Alpha Exploration Ltd. (TSXV: ALEX) ("Alpha" or the "Company") is pleased to announce its exploration plans for the Kerkasha Project, Eritrea for the first quarter of 2022.Alpha is a junior exploration company focused on the exploration of the Arabian-Nubian Shield in north-east Africa; the company is managed by a group of highly experienced professionals with many years of exploration experience in Eritrea and Sudan. Alpha currently...

2022-02-01 9:00 AM EST

Alpha Exploration Announces Results of Geophysical Survey of Tolegimja VMS Prospect, Kerkasha Project, Eritrea

Calgary, Alberta--(Newsfile Corp. - January 20, 2022) - Alpha Exploration Ltd. (TSXV: ALEX) ("Alpha" or the "Company") is pleased to announce results of an Induced Polarization ("IP") geophysical study and detailed structural mapping over one of the Company's prime volcanogenic-massive-sulphide ("VMS") prospects known as Tolegimja located in the northeastern part of its large Kerkasha Project in Eritrea. The 3D IP Resistivity survey was carried out at Tolegimja in July-September 2021 by the...

2022-01-20 9:00 AM EST

Alpha Exploration Reports 95 M of 1.30 G/t Aueq from Anagulu Porphyry Gold-Copper Prospect, Kerkasha Project, Eritrea

Calgary, Alberta--(Newsfile Corp. - December 9, 2021) - Alpha Exploration Ltd. (TSXV: ALEX) ("Alpha" or the "Company") is pleased to announce results of recent diamond and reverse circulation drilling at the Anagulu gold-copper porphyry prospect part of the Company's 100% owned Kerkasha Project, Eritrea.HighlightsFour drill holes have significant intervals up to 95 m of gold-copper-silver mineralization (see Table 1 below) expanding the known strike length of mineralization at Anagulu to...

2021-12-09 8:00 AM EST

John Clarke Appointed to Alpha Board of Directors

Calgary, Alberta--(Newsfile Corp. - November 9, 2021) - Alpha Exploration Ltd. (TSXV: ALEX) ("Alpha" or the "Company") is pleased to announce that Dr. John Clarke has been appointed as an independent director to the Company's board of directors.John Clarke holds a B.Sc. in metallurgy from University College Cardiff, a Ph.D. in metallurgy from Cambridge University and an MBA from Middlesex Polytechnic. His experience includes mine management, mineral exploration, corporate acquisition, and...

2021-11-09 8:00 AM EST

Alpha Exploration Reports Widespread Gold Mineralization at the Aburna Gold Prospect

Calgary, Alberta--(Newsfile Corp. - November 4, 2021) - Alpha Exploration Ltd. (TSXV: ALEX) ("Alpha" or the "Company") is pleased to announce results of recent surface sampling at the Aburna gold prospect, part of the Company's 100% owned Kerkasha Project, Eritrea.Michael Hopley, Alpha President and CEO said, "The Aburna gold prospect is a new area of gold mineralization stretching some 4 km northeast from the old Aburna colonial gold mine. Assay results from the initial surface sampling are...

2021-11-04 9:46 AM EDT

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