Announcement Date: 2022-06-27
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Alpha Exploration Ltd.
Project name: Kerkasha
Location: Eritrea
Commodities: Gold
Highlight: Drilling results incl. 7m @ 3.4g/t Au from 17m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Calgary, AB –Alpha Exploration Ltd.(“Alpha” or the “Company”) (TSXV:ALEX) is pleased to announce finalresults 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 18of these holes were announced on May 3and May 25, 2022. Now assay resultshave been received from the final hole ABR-015. The Aburna gold prospect is located on the western side of the Company’s large Kerkasha Exploration License. Gold was mined at Aburna in the 1920s by Italian colonial miners and more recently by local artisanal miners. Earlier work by Alpha has identified gold mineralization over an area of approximately 4 km by 2 km northeast of the colonial Mine. Gold mineralization at Aburna is orogenic-type associated with three major NE-SW oriented shear zones. Recent work by Alpha has included continuous 1-m long sub-surface channel and trench sampling (See press releases on 4thNovember 2021 and 10th February 2022). Results have defined six prospective sub-areas namely: Hill 52, Saddle Workings, Channel 12 NE, Celebration Hill, Pad 2 andAburna Central –(see Map 1 below). In addition, consultant structural Geologist Dr. Ghislain Tourigny has completed detailed geological mapping of all these areas.
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