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Alpha Announces New Drilling Results from Ongoing 2025 Exploration Program at the Aburna Gold Project

Drill Results

Alpha Announces New Drilling Results from

Ongoing 2025 Exploration Program at the

Aburna Gold Project

Calgary, Alberta--(Newsfile Corp. - November 5, 2025) -

Alpha Exploration Ltd.

(TSXV:

ALEX)

("Alpha" or the "Company")

is pleased to announce drilling results from the initial 2,105

metres in 14 reverse circulation ("RC") drillholes from its 2025 exploration program at the Aburna Gold

Project, within its 100% owned, 514km² Kerkasha Project located in Eritrea. The Aburna Gold Project is

a district scale gold system covering at least a 7km long and 2km wide area. Three prospects, Central,

Hill 52, Northeast have been the main focus for exploration and evaluation drilling. The large Aburna area

of gold mineralization is also indicated by extensive anomalous gold values in soil and shallow Rotary Air

Blast ("RAB") drill sampling sometimes associated with artisanal workings. The Aburna Gold Project is

one of three significant discoveries made by the Alpha team on the Kerkasha licence.

HIGHLIGHTS OF 2025 DRILLING RESULTS TO DATE

ABR179: 21.00 metres grading 1.20 grams per tonnes ("g/t") gold from 21.00 metres

drilled depth

Including

: 18.00 metres grading 1.34 g/t gold

Including

:

5.00 metres grading 3.32 g/t gold

ABR178:

8.00 metres grading 1.19 g/t gold from 101.00 metres drilled depth

Including

:

5.00 metres grading 1.73 g/t gold

Only some 20% of the 7km long Aburna gold trend has been tested by drilling

The mainly shallow drilling to date has returned 90% of the gold mineralization at depths

of less than 120 metres below surface

Other anomalous gold intercepts drilled provide targets for follow up drill testing

Based upon current data and interpretation it is estimated true widths range between 70% and 90% of the drilled intersections.

John Wilton, CEO of Alpha, stated:

"These new drilling results further confirm the highly prospective

scale and tenor of the Hill 52 and Central areas within the larger and extensive Aburna gold system

(at least 7km by 2km size). Drillhole ABR179 illustrates the shallow nature of the gold mineralization

with 21m @ 1.20 g/t gold from 21m, drilled depth, at the Hill 52 area. While ABR178 with 8m @ 1.19

g/t including 5m @ 1.73 g/t gold has extended the mineralized envelope some 60m to the southeast

on this section line at the Central prospect. The team is currently working on increasing our geological

understanding of the controls to the Abruna gold system, its higher-grade trends, and priority targets to

extend the gold zones. Overall, some 80% of the Abruna gold trend remains untested by drilling, and

to date, the largely shallow drilling completed has delivered some 90% of the gold mineralization at

depths above 120m from surface."

ABURNA GOLD PROJECT: DRILLING RESULTS

The new results from this Reverse Circulation ("RC") drillhole ABR179 emphasize the shallow broad

zone of gold mineralization with 21.00 metres ("m") grading 1.20 g/t gold from only 21m drilled depth,

which also contains higher grade interval of 18m @ 1.34 g/t and 5m @ 3.32 g/t gold. Figure 1 illustrates

the location of ABR179 and its intercept on a cross section. This graphic provides its important context

to the other previously reported intervals on this section line of ABD002: 21m @ 1.08 g/t, ABRD142:

29m @ 2.89 g/t, ABD012: 18m @ 15.33 g/t, and ABRD024: 18m @ 1.91 including 4m @7.18 g/t gold.

Figure 1 additionally indicates the relationship of these intervals within a contoured larger 0.4 g/t gold

envelope. Above the ABR179 intercept of 21m @ 1.20 g/t gold are two additional intervals of 7m @ 0.52

g/t and 4m @ 0.99 from 3m and 13m respectively.

Figure 2 shows the location of ABR179 with the other completed drillholes, the approximate 0.2 g/t gold

contour outline of the drilled prospects to date, and the newly identified shallow RAB targets. The Figure

2 map also shows that only some 20%, or collectively 1.5km, of the overall 7km long Aburna Project Gold

trend has been tested by drilling. The Company anticipates based upon the team's experience at Aburna

that further prospects will develop with future exploration and drilling along this trend.

Drillhole ABR178 returned an intersection of 8m @ 1.19 g/t gold from 101m drilled depth that includes a

zone of 5m @ 1.73 g/t gold. This interval extends the mineralized envelope some 60m to the southeast

on this section line at the Central prospect. Figure 3 illustrates this interval along with the other intercepts

on this cross section including previously reported ABR097: 24m @ 1.17 g/t, ABR124: 8m @ 1.09 g/t,

and 15m @ 2.25 g/t, ABR098: 4m @ 1.00 g/t gold. Importantly it is noted this interval is developed at

only some 80m below surface. Figure 2 shows the drillhole location and indicates it could be located

towards the currently interpreted southeast margin of the Central prospect shoot further drilling be

required to test this understanding.

Figure 1: Cross Section (SS-2040) Showing ABR179

Figure 1 notes: Previously reported results in Alpha Exploration news releases; Alpha exploration announces new drill results from the Aburna

gold district including 29 meters averaging 2.89 g/t gold at hill 52 prospect, and 8 meters averaging 3.77 g/t gold at the Northeast prospect,

November 14, 2024, Alpha exploration announces 18m @ 15.33 g/t gold & 49m @ 2.75 g/t gold from Hill 52 Aburna, March 1, 2024, Aburna gold

prospect delivers positive drill results in four areas including:16m @ 14.07 g/t gold, November 23, 2022 and Alpha exploration announces new

gold discovery at Aburna with drill intercepts 15 m of 5.85 g/t gold & 10m of 5.24 g/t gold, May 3, 2022.

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/8361/273265_figure_1_aburna_x_section_ss-2040_final.jpeg

Figure 2: Location of Recently Completed Drillholes, Position of Central, Hill 52, Northeast

Prospects and Newly Identified RAB Targets. Inset Map: Showing Aburna Gold Trend with

Prospects, RAB and Soil Gold Targets

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/8361/273265_figure_2_aburna_map_final.jpeg

Figure 3: Cross Section (SS-2520) Showing ABR178

Figure 3 notes: Previously reported results in Alpha Exploration news releases; Alpha exploration announces more positive drilling results from

Aburna, Jan 30, 2024, Alpha exploration provides exploration progress update, June 7, 2024, and Alpha exploration reports drill results from

Aburna gold prospect: includes 9m @ 10 g/t gold, November 14, 2023.

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/8361/273265_figure_3_aburna_x_section_ss-2520_final.jpeg

ABR182 is an exploration hole located at the Saddle Area, a target related to some artisanal workings

of quartz tourmaline veins and a surface geochemistry anomaly. The area is characterized by strong NE

- SW shearing and the presence of mylonites (an indicator of a significant structure which potentially

controls mineralization). Some of the mylonites and small artisanal workings have returned anomalous

gold assays from surface sampling. This drillhole returned 1m @ 3.99 g/t from 4m and 3m @ 0.33 g/t

from 15m drilled depth.

ABR183 is an exploration drillhole designed to test the northeastern extension of the Northeast prospect.

The collar is located 50m southeast of a shear zone on surface which hosts some shallow artisanal

workings. It intersected 1m @ 0.44 g/t, 2m @ 0.73 g/t, 1m @ 0.59 g/t and 1m @ 0.45 g/t from 46m, 49m,

71m and 74m respectively. Although these intercepts are of a generally lower gold tenor the results

confirm that the shear zones seen on surface are mineralized and Alpha believes there is significant

scope and motivation to extend mineralization further to the northeast.

ABR184 was designed to test the southwestern extensions of a high-grade zone of mineralization at the

Northeast Prospect. It is located 40m southwest of ABR041 and 80m southwest of ABR037 (16m @

14.07 g/t Au from 14m). The drillhole was sited towards the currently interpreted southwestern margin of

the Northeast prospect to test for extensions of the known mineralization.

It returned 5m @ 0.98 g/t gold from 44m, including 2m @ 2.21 g/t gold from 47m and 1m @ 4.01 g/t gold

from 47m. It also had an intercept of a broad zone with anomalous gold from 11m to 29m, including 5m

@ 0.25 g/t Au from 16m. The hole also intersected an 11m wide zone of sheared units with hematite

(iron oxide) staining from 70m to 81m where the hole was terminated likely representing a significant

fault structure. ABR184 confirms that the mineralization seen previously at the Northeast prospect

continues to the southwest and further drilling in the area is warranted.

ABR185 targeted an area of potential extension to the Northeast prospect. It importantly returned

multiple zones of relatively low tenor gold mineralization; 6m @ 0.28 g/t from 30m, 1m @ 1.65 g/t from

65m, 5m @ 0.27 g/t from 99m, and 2m @ 0.66 g/t gold from 132m. The Company believes these results

could lead to a refined structural target for higher grade and expansion of the gold mineralization near

this area of the Northeast prospect. The location of all the newly reported drillholes are also indicated on

Figure 2. Table 1 provides full summary of the selected intersections and Table 2 presents details of all

the drillholes completed to date with IDs, azimuth, dip, end of hole depths, collar coordinates and

comments.

Table 1: Selected Drilling Results with Depth, Intervals and Gold Grade for 2025 Results to date

RC Hole ID

Depth From

(m)

Depth To (m)

Width (m)

Gold (Au) ppm

(g/t)

ABR179

3.00

10.00

7.00

0.52

13.00

17.00

4.00

0.99

21.00

42.00

21.00

1.20

Including

21.00

39.00

18.00

1.34

Including

28.00

33.00

5.00

3.32

64.00

65.00

1.00

1.21

81.00

83.00

2.00

0.51

103.00

105.00

2.00

0.71

ABR178

101.00

109.00

8.00

1.19

Including

101.00

106.00

5.00

1.73

112.00

113.00

1.00

0.55

ABR182

4.00

5.00

1.00

3.99

15.00

18.00

3.00*

0.33

ABR183

46.00

47.00

1.00

0.44

49.00

51.00

2.00*

0.73

71.00

72.00

1.00

0.59

74.00

75.00

1.00

0.45

ABR184

16.00

21.00

5.00*

0.25

44.00

49.00

5.00*

0.98

Including

47.00

49.00

2.00*

2.21

Including

47.00

48.00

1.00

4.01

ABR185

30.00

36.00

6.00*

0.28

65.00

66.00

1.00

1.65

99.00

104.00

5.00*

0.27

132.00

134.00

2.00*

0.66

Table 1 Notes: Intertek completed the analytical work with analytical procedures conducted in an Intertek laboratory in Tarkwa, Ghana. Sample

preparation was undertaken by an independent laboratory NABRO in Asmara, Eritrea and the pulps shipped to Intertek, Ghana. Based upon

current data and interpretation it is estimated true widths range between 70% and 90% of the drilled intersections. A nominal cut-off grade of 0.40

g/t Au has been used to determine the boundaries of these intersections with no more than 3 metres of internal dilution of the intercepts. *A

nominal cut-off grade of 0.20 g/t Au has been used to determine the boundaries of these intersections with no more than 2 metres of internal

dilution of the intercept.

QUALITY ASSURANCE AND QUALITY CONTROL

The results reported here for the Reverse Circulation ("RC") drilling were analysed by Intertek Minerals

Ltd., an independent and accredited laboratory located in Tarkwa, Ghana. The RC 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. Alpha uses an independent laboratory in Asmara (NABRO) to

prepare drill samples for assaying. Representative one-metre samples from the RC drilling were

crushed (to >90% passing 2.0 mm) and pulverised (to >85% passing 75 micron). A scoop sample of

approximately 60g for laboratory analysis was taken. The coarse and pulp rejects were stored at Alpha's

warehouse in Asmara. The Company inserted certified reference material from OREAS

(

www.ore.com.au

) into the sample stream, while NABRO sample preparation facility inserted barren

granodiorite material into the sample stream as a blank. The 60g sub-samples with inserted QA/QC

samples of blanks and certified reference material every 20

th

field sample were shipped to Intertek

Minerals, Tarkwa, Ghana. The 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).

Table 2: 2025 Drilling Program to Date: Drillhole ID, Azimuth, Dip, End of Hole Depth, Collar

Coordinates and Comments

Drillhole ID

Azimuth

Degree

Hole

Dip

Degree

End of

hole

Depth (m)

X_UTM_37N

Y_UTM_37N

Elevation (Z)

(m)

Comments

ABR173

285

-50

74.00

340873.00

1651390.00

934.00

Did not reach target zone being re-drilled

ABR173A

285

-50

In Progress

340874.00

1651396.00

948.00

In Progress

ABR174

315

-50

123.00

341072.00

1651586.00

933.00

No significant intervals

ABR175

305

-50

147.00

341831.00

1651557.00

949.00

No significant intervals

ABR176

285

-60

150.00

341892.00

1651483.00

943.00

No significant intervals

ABR177

285

-50

174.00

341800.00

1651253.00

935.00

No significant intervals

ABR178

315

-50

201.00

341445.00

1651446.00

932.00

8m @ 1.19 g/t Au including 5m @ 1.73 g/t Au

ABR179

315

-50

135.00

340908.00

1651298.00

952.00

21m @ 1.20 g/t Au including 5m @ 3.32 g/t Au

ABR180

315

-50

153.00

342506.00

1650990.00

961.00

No significant intervals

ABR181

315

-50

177.00

342762.00

1651155.00

934.00

No significant intervals

ABR182

315

-50

171.00

340482.00

1650102.00

1008.00

1m @ 3.99 g/t gold & 3m @ 0.33 g/t Au

ABR183

315

-50

213.00

342487.00

1653104.00

996.00

2m @ 0.73 g/t Au & 1m @ 0.59 g/t Au

ABR184

315

-50

81.00

342018.00

1652680.00

959.00

2m @ 2.21 g/t including 1m @ 4.01 g/t Au

ABR185

285

-50

153.00

342230.00

1652914.00

985.00

6m @ 0.28 g/t and 5m @ 0.27 g/t Au

ABR186

360

-50

153.00

343892.00

1653810.00

972.00

No significant intervals

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:

John Wilton

CEO

Alpha Exploration Ltd.

Email:

[email protected]

Tel: +44 207 129 1148

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/273265