TORONTO, Nov. 5, 2021 /CNW/ - Michael Hopley,
President and Chief Executive Officer, Alpha Exploration
Corporation, ("Alpha") (TSXV: ALEX) and his team joined
Monica Hamm, Manager, Client
Success, TMX Group, to celebrate the company's new listing on TSX
Venture Exchange and close the market.
Alpha is a company focused on the discovery of world class
economic gold & base metals deposits in the highly prospective
Arabian-Nubian shield that runs on either side of the Red Sea.
Alpha currently holds a 100% interest in the large (1,028 km²)
Kerkasha Exploration License in southwest Eritrea, located 135 km west-southwest of the
capital city of Asmara. Since
acquiring the property in January
2018, Alpha has spent approximately CAD$10 million on exploration and identified 18
prospects, of which 4 have been drilled to date. The large Anagulu
gold-copper porphyry system was a virgin discovery by Alpha
geologists in early 2018, that was made while executing a
property-wide soil geochemical sampling program. The discovery
diamond hole was drilled in January
2020 and reported a 49m
interval with an average grade of 2.42 g/t gold, 1.10% copper and
6.83 g/t silver. Work continues at Anagulu, and 4 other prospects
are expected to be drilled in the near future.
Alpha is managed by a group of highly experienced and successful
professionals with many years of experience carrying out
exploration and resource development programs in Eritrea and Sudan. For further information go to the Alpha
webpage at www.alpha-exploration.com.
SOURCE TSX Venture Exchange
