TORONTO, November 5, 2021 / CNW / – Michael Hopley, President and CEO, Alpha Exploration Corporation (“Alpha”) (TSXV: ALEX) and his team have joined Monique Hamm, Director, Customer Success, TMX Group, to celebrate the company’s new listing on the TSX Venture Exchange and close the market.
Alpha is a company focused on discovering world-class economical gold and base metal deposits in the highly promising Arab-Nubian Shield that stretches on either side of the Red Sea. Alpha currently owns a 100% stake in the large Kerkasha exploration license (1,028 km²) in the southwest. Eritrea, located 135 km west-southwest of the capital of Asmara. Since the acquisition of the property in January 2018, Alpha spent approximately 10 million Canadian dollars on exploration and has identified 18 prospects, 4 of which have been drilled to date. The Anagulu Large Gold-Copper Porphyry System was a pristine discovery by Alpha geologists in early 2018, which was made during the execution of a scale geochemical soil sampling program. the property. The diamond discovery 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 is continuing at Anagulu, and 4 more 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 in carrying out resource exploration and development programs in Eritrea and Sudan. For more information, visit the Alpha webpage at www.alpha-exploration.com.
SOURCE TSX Venture Exchange
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