Alpha Exploration Announces CEO Appointment, and Expanded Gold Prospect Targets with RAB Drilling Results
Alpha Exploration Announces CEO
Appointment, and Expanded Gold Prospect
Targets with RAB Drilling Results
Calgary, Alberta--(Newsfile Corp. - October 21, 2025) -
Alpha Exploration Ltd.
(TSXV:
ALEX)
("Alpha" or the "Company")
is pleased to announce the appointment of John Wilton as full
time Chief Executive Officer ("CEO") and provides results from recent shallow RAB drilling at Aburna
Gold project.
Michael Hopley, Chairman of Alpha, stated:
"We are very pleased to welcome John to the company
in the role of CEO. His successful track record in discovery and management of high-quality gold and
copper exploration teams in Africa, coupled with experience in leading a listed junior exploration and
development company, make him the ideal fit with our existing strong management team and
directors.
John's specific experience in running teams from cost effective grassroots discovery through resource
building and into mine development scoping and feasibility studies will add significant further
shareholder value to the Company's advancing gold and base metal exploration projects. We would
also like to thank Tim Livesey for stepping in as interim CEO during the past few months and look
forward to his ongoing inputs in his main role as a director of Alpha."
In addition, while the current gold exploration and evaluation drilling program progresses at the Aburna
Gold project, the Company can report new positive results which indicate an expanding footprint to this
prospect. These results are from a shallow rotary air blast ("RAB") drill program designed to test areas
of potential gold mineralization underlying thick or transported soil cover. This gold prospect, the Anagulu
gold-copper Prospect, the Tolegimja base metal Prospect and the Kosolda gold target are all located at
Alpha's 100% owned, 514km
2
Kerkasha concession in Eritrea.
John Wilton, CEO of Alpha, stated:
"Having now visited the exploration team in Eritrea and after
reviewing the Company's existing prospects for both gold and copper mineralization in the field it is
very encouraging that the team, led by our in-country manager, has been able to deliver several new
compelling gold targets at Aburna. These targets represent both potential extensions and satellite
targets to the drilled Aburna project gold mineralization. The combination of the advanced exploration
status of the generally shallow gold mineralization intercepted to date within the large 7km by 2km
scale Aburna Gold project represents a substantial value unlocking opportunity for current and future
stakeholders."
ABURNA GOLD PROJECT: RECENT SHALLOW RAB DRILLING RESULTS
Figure 1 and Table 2 show the results of the RAB drilling program to date returning several gold-in-
bedrock anomalies below areas of transported thin soil, and under areas of relatively thick soil cover.
These targets are situated predominantly between the Central and Northeast prospects and to the
northwest and West of the Hill 52 prospect. The general dip of the host units and structures of the existing
mineralization means these new targets are largely untested.
Interpretation of the RAB results suggest materially increased target footprints to the known gold
mineralization (see Figure 1). The scale of these individual targets range from 450 to 125 metres along
trend. These individual target footprints potentially also represent the shallow expressions of larger
plunging shoots/zones at depth as witnessed within the recognized drilled prospects. The tenor of the
interpreted target anomalies RAB samples range from 9.76 grams per tonne ("g/t") gold to 0.26 g/t gold
(see Figure 1 & Table 1) with the entire RAB drilling data sample results ranging from 9.76 g/t to less
than 0.004 g/t gold. Figure 1 clearly illustrates the full results from the RAB program to date. The target
anomalies are further supported by samples with more than 0.1 g/t and more than 0.025 g/t gold (see
Figure 1).
The inset map on Figure 1 shows these new RAB targets, with the existing drilled gold prospects, and
the along trend, geologically interpreted extent (approximately 7km) of the Aburna gold system. This
demonstrates the considerable scale and upside exploration potential of the Aburna Gold project.
Figure 1: Location of Newly Identified Gold Targets (orange outlines), Full RAB Drilling Results
to Date, and Position of Central, Hill 52, and Northeast Prospects. Inset Map: Showing Current
RAB Drilling Area Targets & Existing Prospects Relative to the Largely Undrilled Aburna Gold
Trend
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8361/271287_9bf5cc72840cc94a_002full.jpg
Importantly, when comparing these RAB results with previous surface soil sampling this indicates that
certain areas of the soil cover are likely formed of immature and/or partially transported material. This
opens the potential for these and further satellite targets and extensions to known gold mineralization in
the other flat relief areas of property with little or no outcrop.
The results also demonstrate that such areas can be tested by cost and time effective shallow RAB with
follow-up reverse circulation ("RC") or core drilling. Of the current phase of RAB drilling 796 holes have
been completed and the last batch of results received at the end of September 2025. The company
plans to complete the planned infill RAB drilling lines indicated on Figure 1 to define these targets for
prioritization ahead of follow-up testing with RC or core drilling.
Table 1 below lists the selected RAB drill holes, depths and sample intervals and gold results with Table
2 showing the selected RAB hole details and collar coordinates.
Table 1: Selected RAB Drilling Results with Depth, Sample Interval and Gold Grade
RAB Hole ID
Sample ID
Depth From (m)
Depth To (m)
Gold (Au) ppm (g/t)
Hill 52 Area
ABRBA3-R05-017
800996
3
4
0.82
ABRBA3-R05-017
800997
4
5
9.76
ABRBA3-R05-011
800982
4
5
5.52
ABRBA3-R05-011
800983
5
6
0.50
ABRBA12-R05-014
801382
3
4
0.36
ABRBA3-R06-013
801021
2
3
0.26
ABRBA3-R07-004
801051
2
3
0.39
ABRBA3-R09-002
801081
4
5
0.32
ABRBA3-R09-002
801080
3
4
0.28
ABRBA12-R11-007
801516
4
5
0.39
ABRBA12-R11-003
801509
5
6
0.26
ABRBA12-R12-002
801547
4
5
0.30
Northeast Area
ABRBA2-R02-006
800496
1
2
1.68
ABRBA2-R03-002
800512
7
8
0.44
ABRBA2-R03-002
800513
8
9
0.64
ABRBA1-R10-003
800209
5
6
1.87
ABRBA1-R12-007
800250
9
10
1.01
Central Area
ABRBA4-R03-005
800698
4
5
0.27
ABRBA4-R08-006
800780
1
2
0.53
ABRBA4-R08-006
800781
2
3
1.44
Note: The sample intervals above in Table 1 are drilled intercepts as the true thickness/widths of this mineralization are unknown at this stage.
QUALITY ASSURANCE AND QUALITY CONTROL
The results reported here for the RAB drilling were analysed by Intertek Minerals Ltd., an independent
and accredited laboratory located in Tarkwa, Ghana. The RAB drilling was managed by Alpha
Exploration's field team with the field operations conducted in-line with the standard operating
procedures implemented at this project. Representative material of bedrock and weathered bedrock for
the deepest two, one-metre, samples of each RAB drill hole, were screened to provide approximately
200 grams ("g") of minus 75-micron material. Approximately 60g of sub-sample is allocated for gold fire
assay.
A 2-kilogram sample of the original sample is retained as a reference sample. The 60g samples with
inserted QA/QC samples of blanks and certified reference material every 20
th
field sample were
shipped directly to Intertek Minerals, Tarkwa, Ghana. These gold results at the laboratory were
determined by using a 30g sub-sample for Fire Assay ("FA") and Atomic Absorption Spectroscopy
("AAS") finish (Intertek Code: FA30/AA). The RAB drilling was conducted by Colonnade Mining Group
Eritrea Limited.
Table 2: Selected RAB Drill Hole ID, Azimuth, Dip, End of Hole Depth and Collar Coordinates
RAB Hole ID
Azimuth
Dip
End of Hole (m)
X_UTM_37N
Y_UTM_37N
Elevation (Z)
Hill 52 Area
ABRBA3-R05-017
360
-90
5
341158
1651595
933
ABRBA3-R05-011
360
-90
6
340918
1651594
930
ABRBA3-R05-017
360
-90
5
341158
1651595
933
ABRBA3-R05-011
360
-90
6
340918
1651594
930
ABRBA12-R05-014
360
-90
5
340787
1651313
937
ABRBA3-R06-013
360
-90
3
341001
1651556
931
ABRBA3-R07-004
360
-90
3
340641
1651510
923
ABRBA3-R09-002
360
-90
5
340559
1651432
928
ABRBA3-R09-002
360
-90
5
340559
1651432
928
ABRBA12-R11-007
360
-90
6
340426
1651074
934
ABRBA12-R11-003
360
-90
6
340269
1651078
936
ABRBA12-R12-002
360
-90
5
340226
1651034
932
Northeast Area
ABRBA2-R02-006
360
-90
3
342202
1652595
980
ABRBA2-R03-002
360
-90
9
342040
1652557
947
ABRBA2-R03-002
360
-90
9
342040
1652557
947
ABRBA1-R10-003
360
-90
6
341603
1652276
953
ABRBA1-R12-007
360
-90
11
341758
1652199
938
Central Area
ABRBA4-R03-005
360
-90
6
341721
1651636
930
ABRBA4-R08-006
360
-90
3
341800
1651436
936
ABRBA4-R08-006
360
-90
3
341800
1651436
936
QUALIFIED PERSON
All scientific and technical information in this press release, including the results of the Aburna drill
program and how these results relate to the ongoing exploration at the Kerkasha Project has been
reviewed, verified, and approved by Chris Bargmann CGeol FGS, consultant for Alpha and a "qualified
person" for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
ABOUT ALPHA
Alpha (TSXV: ALEX) is an exploration company that is rapidly advancing a number of important gold
and base metal discoveries across its 100% owned, 514 km2 Kerkasha Project in Eritrea.
The Aburna Gold Prospect is an exciting new gold discovery where recent drilling has confirmed a high-
grade mineralized system, with grades including 18m @ 15.33 g/t Au, 16 m @ 14.07 g/t Au, 9 m @ 10
g/t Au and 23 m @ 6.74 g/t Au.
The Anagulu Gold-Copper Prospect includes recent drilling intersections of 108 m @ 1.24 g/t Au and
0.60% Cu and 49 m @ 2.42 g/t Au and 1.10% Cu within a porphyry unit mapped over at a >2 km strike
length.
The Company is managed by a group of highly experienced and successful mining and exploration
professionals with long track records of establishing, building and returning value to stakeholders from a
number of world class gold and base metal discoveries in Eritrea and across the wider Arabian Nubian
Shield.
For further information go to the Alpha webpage at
www.alpha-exploration.com
or contact:
Michael Hopley
Chairman and Director
Alpha Exploration Ltd.
Email:
Cautionary Notes
This press release is intended for distribution in Canada only and is not intended for distribution to
United States newswire services or dissemination in the United States. Neither the TSX Venture
Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Forward-Looking Statements
Certain statements and information herein, including all statements that are not historical facts,
contain forward-looking statements and forward-looking information within the meaning of applicable
securities laws. Such forward-looking statements or information include but are not limited to
statements or information with respect to future dataset interpretations, sampling, plans for its projects
(including the Anagulu prospect), surveys related to Alpha's assets, and the Company's drilling
program. Often, but not always, forward-looking statements or information can be identified by the use
of words such as "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may"
or "should" and the negative of these words or such variations thereon or comparable terminology are
intended to identify forward-looking statements and information. With respect to forward-looking
statements and information contained herein, Alpha has made numerous assumptions including
among other things, assumptions about general business and economic conditions and the price of
gold and other minerals. The foregoing list of assumptions is not exhaustive.
Although management of Alpha believes that the assumptions made and the expectations
represented by such statements or information are reasonable, there can be no assurance that
forward-looking statements or information herein will prove to be accurate. Forward-looking statements
and information by their nature are based on assumptions and involve known and unknown risks,
uncertainties and other factors which may cause actual results, performance or achievements, or
industry results, to be materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements or information. These factors include, but
are not limited to: risks relating to Alpha's financing efforts; risks associated with the business of Alpha
given its limited operating history; business and economic conditions in the mining industry generally;
the supply and demand for labour and other project inputs; changes in commodity prices; changes in
interest and currency exchange rates; risks relating to inaccurate geological and engineering
assumptions (including with respect to the tonnage, grade and recoverability of reserves and
resources); risks relating to unanticipated operational difficulties (including failure of equipment or
processes to operate in accordance with specifications or expectations, cost escalation, unavailability
of materials and equipment, government action or delays in the receipt of government approvals,
industrial disturbances or other job action, and unanticipated events related to health, safety and
environmental matters); risks relating to adverse weather conditions; political risk and social unrest;
changes in general economic conditions or conditions in the financial markets; changes in laws
(including regulations respecting mining concessions); risks related to the direct and indirect impact
of COVID-19 including, but not limited to, its impact on general economic conditions, the ability to
obtain financing as required, and causing potential delays to exploration activities; those factors
discussed under the heading "Risk Factors" in the Final Prospectus; and other risk factors as detailed
from time to time. Alpha does not undertake to update any forward-looking information, except in
accordance with applicable securities laws.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/271287