Announcement Date: 2022-06-06
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Alpha Exploration Ltd.
Project name: Kerkasha
Location: Eritrea
Commodities: Gold,Copper,Zinc
Highlight: Drilling results incl. 3m @ 0.1g/t Au, 0.44% Cu, 2.0% Zn from 91m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: 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 reversecirculation (RC) drill holes for a total of 1,862m and was completed in February this year. All assay results have now been received. The Tolegimja prospect is a virgin discovery by Alpha geologists in the northeast of the Kerkasha Project approximately 50km south-southeast of the highly successful Bisha VMS copper-zinc-gold mine and was made during an initial property-wide soil geochemical survey. Prospect scale rock-chip, soil sampling and detailed geological mapping indicate the prospect is a bimodal-mafic copper-zinc-gold VMS occurrence with high copper values at the surface located over the contact between felsic and mafic rocks. A limited initial drill program of 9 reverse-circulation drill holes (TLR001 to TLR009) was completed at Tolegimja in February this year for a total of 1,862 meters- see Map 1. Massive and semi-massive sulphide mineralization was intersected in holes TLR-003 and TLR009.
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