Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

ALEX.V ·

Alpha Expands the Footprint of the Anagulu Copper-Gold Porphyry and New Camel Target Zone Measures at Least 1 x 0.25km

Drill Results

Alpha Expands the Footprint of the Anagulu

Copper-Gold Porphyry and New Camel Target

Zone Measures at Least 1 x 0.25km

Calgary, Alberta--(Newsfile Corp. - April 9, 2026) -

Alpha Exploration Ltd.

(TSXV: ALEX)

("Alpha" or

the "Company")

is pleased to announce recently received shallow Rotary Air Blast ("RAB"), core

drilling and expanded reconnaissance termite mound sampling program at the Anagulu Copper-Gold

Porphyry Project. To date results are available from 2,584 metres of an ongoing RAB drilling program

being conducted to define targets from initial termite mound sampling copper anomalies. Also, provided

are complete drilling results from a program of 1,585 metres of Reverse Circulation ("RC") and core

drilling completed from the end of 2025 and early 2026 exploration program.

This project is located within its 100% owned, 514km² Kerkasha Project located in Eritrea. The Anagulu

copper-gold porphyry was discovered by the Alpha team through surface sampling and mapping with

follow-up drilling. The project is located some 7 kilometres south of the Company's shallow, Aburna Gold

Project and these projects are two of three significant discoveries made by the Alpha team on the

Kerkasha licence.

HIGHLIGHTS OF RECENT ANAGULU PORPHYRY RAB, CORE & RC DRILLING AND TERMITE

MOUND SAMPLING RESULTS

Shallow RAB drilling delivers new Camel Target Zone ("Camel") of at least 1 kilometre

along trend and is open into a large area of recently sampled termite mounds anomalous

in copper

Camel RAB sample results range from 1,358 parts per million (ppm) to 389 ppm copper

Camel is separate but parallel to drilled copper-gold mineralization some 500 metres to

northwest

RAB drilling also identified copper target zones extending some 1 kilometre northeast

from drilled intercepts on section line SS-45

Core drilling results from ANRD041: 25.00 metres grading 0.55 percent copper ("%") and

0.16 grams per tonne ("g/t") gold.

Including:

14.00 metres grading 0.84% copper and 0.26

g/t gold

This intercept confirms the drilled extension of the mineralised porphyry unit, to the

northeast, as previously reported in ANRD049 interval of 120 metres grading 0.30%

copper and 0.47 g/t gold, on the same section line (SS-45)

The mineralised unit sub-crops on this section line

Based upon current data and interpretation it is estimated true widths range between 50% and 70% of the drilled intersections.

John Wilton, CEO of Alpha, stated:

"These recent results from the ongoing exploration field

activities at our Anagulu Copper-Gold Project further indicate the increased scale potential of this

porphyry system. The shallow RAB drilling, following up on results from initial reconnaissance termite

mound sampling, has delivered several new and compelling targets for RC and core drill testing.

The new Camel Target Zone appears especially exciting as it represents a new separate target of

scale, with robust copper values, trending parallel to the known Anagulu copper-gold mineralization.

The Camel Target Zone is currently mapped by the RAB copper results as at least 1 kilometre along

trend and some 250 metres in width. Importantly this target zone is open to the south and west

trending towards an extensive area of anomalous copper samples from termite mounds.

In addition,

the RAB program has provided target zones extending some 1 kilometre along the northeast trend of

the drilled higher-grade spine to the copper-gold mineralized porphyry units. These targets will be

RC/core drill tested in the Company's planned Q2-Q3 exploration program along with drilling our

Aburna Gold Project."

ANAGULU COPPER GOLD PROJECT: RAB DRILLING AND TERMITE MOUND SAMPLING

RESULTS

Alpha's ongoing RAB drilling program at the Anagulu Project has to date completed 316 holes for some

2,584 metres with an average depth of approximately 8.2 metres per hole. This shallow RAB drilling

program is deployed as a rapid and cost-effective reconnaissance exploration method as an initial test

and to define copper anomalies from termite mound sampling in areas of predominantly transported soil

cover. The RAB holes provide bedrock and weathered bedrock geological and geochemical

information.

Figure 1 illustrates the results to date from the ongoing RAB program with a number of robust copper

geochemical targets have been identified. Collectively the new copper zone targets delivered so far from

the RAB drilling represent a significant expansion to the exploration target footprint of the Anagulu

copper-gold porphyry mineralization (see Figure 1).

One of the most compelling new targets is the Camel Target Zone ("Camel") that represents an area of

at least 1 kilometre along its northeast to southwest trend and some 250 metres in width. The tenor of the

RAB samples within the Camel ranges from 1,350 ppm to 389 ppm copper. These results compare

favourably with surface and soil sampling copper results associated with the sub-crop of drilled copper-

gold mineralization previously discovered by the Alpha exploration team at the Anagulu Project.

Importantly this new target zone remains open to further expansion to the south and west into a large

area of copper anomalies recently returned from termite mound sampling (see Figure 1). The southwest

to northeast trend of the Camel copper anomaly runs parallel to the drilled and mineralized Anagulu

porphyry units some 500 metres to the northwest, and it is currently interpreted this could represent a

second mineralized units (see Figure 2). The value and application of the termite mound sampling

results is that they provide very efficient and cost-effective reconnaissance copper geochemical

sampling in areas of expected thin but transported soil cover. The termite burrowing activity brings

sample material up from depth to the surface reflecting bedrock anomalies.

In addition to the Camel, the RAB drilling has returned copper target zones extending for some 1

kilometres, along trend to the northeast, from section line SS-45. Figure 1 shows one of these target

zones with values frequently over 400 ppm copper with a range from 1,010 to 358 ppm copper and an

area of some 600 metres along trend and 200 metres width. Table 1 includes details of the selected

RAB sample results and Table 3 details RAB drillhole ID, azimuth, hole dip (vertical), end of hole depth

with collar coordinates.

ANAGULU COPPER GOLD PROJECT: CORE & RC DRILLING RESULTS

These new results reported here for drill holes ANDR041 and ANRD047 relate to a final batch of

laboratory data from a phase of drilling conducted in late 2025 and early 2026 comprising 597 metres of

Reverse Circulation ("RC") and 988 metres of diamond core ("DC") drilling.

Figure 1 indicates the location of drill hole ANDR041 with its sampling results on a map of the Anagulu

Project area. This intercept of 25.00 metres grading 0.55% copper and 0.16 g/t gold, including: 14.00

metres grading 0.84% copper and 0.26 g/t gold traces the previously reported drilled interval in

ANDR049 of 120 metres grading 0.30% copper and 0.47 g/t gold some 100 metres vertically towards

the surface (see Figure 2). Section line SS-45 now provides two drill hole intercepts confirming the

extension of the mineralized porphyry unit at least 120 metres to the northeast from the previous phases

of drilling. Figure 2 also shows drill holes from two adjacent lines SS-44 and SS-46 which have been

projected, 40 metres each, to provide geological context. The cross section demonstrates the quartz

diorite porphyry unit (

purple colour on drill hole traces

) is interpreted to be developed from surface to at

least a vertical depth of some 240 metres below the collar of ANRD049.

Drill hole ANRD047 is located some 1,750 metres to the southwest of ANDR041 as illustrated on Figure

1. This drill hole has returned an interval of 22 metres grading 0.37% copper and 0.10 g/t gold with an

included interval of 6 metres grading 0.96% copper and 0.24 g/t gold. Drilling at the original discovery

area of the Anagulu Project has returned a several meaningful copper-gold intercepts within the porphyry

units over at least 2 kilometres along its southwest to northeast trend. This widespread copper-gold

mineralization at Anagulu is hosted in a suite of fractionated intrusive units containing typical

disseminated and vein hosted porphyry copper-gold textures.

Table 2 includes details of the selected drill hole intervals and Table 4 details drillhole ID, azimuth, hole

dip, end of hole depth with collar coordinates.

POSITIVE IMPLICATIONS OF COMBINED RECENT CORE/RC/RAB DRILLING AND TERMITE

MOUND SAMPLING RESULTS AT ANAGULU COPPER GOLD PROJECT

The Anagulu porphyry system had already been drilled and recognised from copper in soil data to

extend for some 2 by 0.5 kilometres by the Alpha exploration team. This area includes drilled intercepts

such as ANR031 which returned 63 metres grading 0.57% copper and 0.94 g/t gold and AND001

intersecting 110 metres grading 0.57% copper and 1.24 g/t gold (previously reported see Figure 1).

The recent exploration data from RC/core and RAB drilling now delivers further compelling and robust

exploration targets within an overall increased scale Anagulu copper-gold porphyry target exploration

footprint of at least some 4 by 2 kilometres. Furthermore, recent anomalous copper results from termite

mound sampling clearly indicates and motivates new areas for future RAB drilling target definition ahead

of RC/core testing.

Figure 1: Map Showing RAB Drilling, Termite Mound Sampling Results, Newly Identified Target

Zones with Drill holes ANRD041/ANRD049 Locations, and Previous Reported Selected Drilling

Results.

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

https://images.newsfilecorp.com/files/8361/291751_dd2e0d5394da083f_002full.jpg

Figure 1 notes: Previously reported results in Alpha Exploration news releases; Alpha Exploration announces final 2024 drilling results at Aburna

Gold and Anagulu Gold Copper prospects and updates exploration plans for 2025, March 21

st

2025., Alpha Exploration Reports 95m of 1.30 g/t

AuEq from Anagulu Porphyry Gold-Copper Prospect, Kerkasha Project Eritrea, December 9, 2021, and NI 43-101 Technical Report for the

Kerkasha Project, Eritrea, RSC Mining & Mineral Exploration, 21 June 2021.

Figure 2: Cross Section SS-45 Showing ANRD041 and ANDR049 with Drill Holes from Lines

SS-46 & SS-44 Projected (40 metres) and Position of New Camel Target Zone (1,358 to 389ppm

Copper over ~250m width)

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

https://images.newsfilecorp.com/files/8361/291751_dd2e0d5394da083f_003full.jpg

Figure 2 notes: Previously reported results in Alpha Exploration news releases;, Alpha Expands Anagulu Porphyry Mineralisation with Drill

Intercept of 120 metres grading 0.30% Copper and 0.47 g/t Gold, February 24, 2026, Alpha Exploration announces final 2024 drilling results at

Aburna Gold and Anagulu Gold Copper prospects and updates exploration plans for 2025, March 21

st

2025., Alpha Exploration Reports 95m of

1.30 g/t AuEq from Anagulu Porphyry Gold-Copper Prospect, Kerkasha Project Eritrea, December 9, 2021, and NI 43-101 Technical Report for the

Kerkasha Project, Eritrea, RSC Mining & Mineral Exploration, 21 June 2021.

Table 1: Selected RAB Drilling Sample Results

Hole ID

Depth From

(m)

Depth To

(m)

Sample

Id

Cu ppm

pXRF

ANRBA1-R04-009

11

12

801929

1358

ANRBA1-R02-008

7

8

801952

1326

ANRBA1-R02-008

8

9

801953

1179

ANRBA1-R04-009

10

11

801928

1143

ANRBA1-R01-007

6

7

801961

1063

ANRBA1-R06-005

4

5

802028

1010

ANRBA1-R09-004

1

2

802066

1009

ANRBA1-R09-004

2

3

802067

967

ANRBA1-R07-004

3

4

802048

940

ANRBA1-R14-002

1

2

801854

914

ANRBA1-R03-007

4

5

801940

906

ANRBA1-R05-009

6

7

801923

890

ANRBA1-R05-003

1

2

802024

888

ANRBA1-R03-008

6

7

801943

851

ANRBA1-R02-002

4

5

801985

837

ANRBA1-R04-003

3

4

802006

830

ANRBA1-R03-008

5

6

801942

824

ANRBA1-R14-006

5

6

801845

809

ANRBA1-R04-003

4

5

802007

783

ANRBA1-R04-002

3

4

802004

781

ANRBA1-R05-003

2

3

802025

778

ANRBA1-R02-007

6

7

801955

777

ANRBA1-R14-002

2

3

801855

769

ANRBA1-R05-009

5

6

801922

763

ANRBA1-R04-002

4

5

802005

763

ANRBA1-R03-007

5

6

801941

762

ANRBA1-R05-004

13

14

802023

735

ANRBA1-R01-002

9

10

801977

733

ANRBA1-R01-002

8

9

801976

703

ANRBA1-R05-004

12

13

802022

697

ANRBA1-R10-002

5

6

802071

678

ANRBA1-R02-002

3

4

801984

668

ANRBA1-R12-002

1

2

801880

648

ANRBA1-R02-001

4

5

801982

627

ANRBA1-R02-007

5

6

801954

613

ANRBA1-R11-001

3

4

801882

598

ANRBA1-R03-003

4

5

802001

598

ANRBA1-R10-002

4

5

802070

587

ANRBA1-R03-002

9

10

802003

583

ANRBA1-R06-005

5

6

802029

578

ANRBA1-R12-004

8

9

801879

568

ANRBA1-R10-001

2

3

802069

567

ANRBA1-R01-007

5

6

801960

556

ANRBA1-R11-004

4

5

801889

553

ANRBA1-R07-004

4

5

802049

545

ANRBA1-R01-001

3

4

801980

537

ANRBA1-R02-001

5

6

801983

537

ANRBA1-R10-003

5

6

802072

536

ANRBA1-R12-005

9

10

801873

523

ANRBA1-R11-003

4

5

801886

506

ANRBA1-R01-001

4

5

801981

504

ANRBA1-R11-003

5

6

801887

491

ANRBA1-R08-008

10

11

802056

489

ANRBA1-R15-003

12

13

801815

486

ANRBA1-R10-001

1

2

802068

483

ANRBA1-R04-005

3

4

802012

480

ANRBA1-R12-004

7

8

801878

475

ANRBA1-R03-003

3

4

802000

474

ANRBA1-R09-006

11

12

802061

473

ANRBA1-R10-003

6

7

802073

471

ANRBA1-R01-005

5

6

801971

465

ANRBA1-R11-001

4

5

801883

464

ANRBA1-R09-005

4

5

802064

461

ANRBA1-R08-005

4

5

802051

449

ANRBA1-R09-006

10

11

802060

443

ANRBA1-R08-005

3

4

802050

432

ANRBA1-R01-005

4

5

801970

431

ANRBA1-R12-002

2

3

801881

429

ANRBA1-R11-004

3

4

801888

427

ANRBA1-R11-002

6

7

801885

407

ANRBA1-R09-005

5

6

802065

407

ANRBA1-R02-003

4

5

801991

404

ANRBA1-R02-003

3

4

801990

403

Table 2: ANRD049 Drilling Results with Depth, Intervals, Copper and Gold Grade

Drill Hole ID

Depth From

(m)

Depth To

(m)

Width

(m)

Copper (Cu)

(%)

Gold (Au) ppm

(g/t)

ANRD0041

212.00

237.00

25.00

0.55

0.16

Including

215.00

229.00

14.00

0.84

0.26

ANRD047

205.00

227.00

22.00

0.37

0.10

Including

206.00

212.00

6.00

0.96

0.24

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 50% and 70% of the drilled intersections. A nominal cut-off grade of

0.10% Cu has been used to determine the boundaries of these intersections with no more than 6 metres of internal dilution of the intercepts.

QUALITY ASSURANCE AND QUALITY CONTROL

The results reported here for the Reverse Circulation ("RC") and Diamond Core ("DC") drilling were

analysed by Intertek Minerals Ltd., an independent and accredited laboratory located in Tarkwa, Ghana.

The RC and DC 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 and half core samples of the HQ & NQ size and quarter core for PQ

size, 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 uses appropriate duplicate samples and inserts

certified reference material from OREAS (www.ore.com.au) into the sample stream. NABRO sample

preparation facility inserts barren granodiorite material into the sample stream as blanks. 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). The Multi element (including copper) results were determined using a 30g

sub-sample for Four acid 48 elements package ("4A") and low-level sulphur 50ppm ("OM48") with Mass

Spectrometry ("MS") finish (Intertek Code: 4A/OM48).

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. Termite mound

samples are collected and processed in-line with the standard operating procedures implemented at

this project. Four sub-samples of each mound are sampled collecting approximately a 2kg sample. This

sample is gently pulverized to break up any soil clods and sieved to -75um to obtain a uniform

representative sample. For the RAB and termite mound samples an aliquot is collected using a scoop

and a sub-sample analysed with QA/QC samples inserted every 25

th

field sample by Portable X-ray

Fluorescence ("pXRF") within the Company's field laboratory in Asmara, Eritrea. The pXRF is routinely

monitored by the QA/QC sample results to check its calibration.

Table 3: RAB Drillhole ID, Azimuth, Dip, End of Hole Depth, Collar Coordinates

Hole ID

ZAIMUTH

HOLE DIP

EOH

X-UTM

37N

Y-UTM

37N

Elevation

ANRBA1-R01-001

0

-90

5

341630

1644685

876

ANRBA1-R01-002

0

-90

10

341681

1644684

871

ANRBA1-R01-005

0

-90

6

341830

1644685

884

ANRBA1-R01-007

0

-90

7

341931

1644684

868

ANRBA1-R02-001

0

-90

5

341631

1644734

874

ANRBA1-R02-001

0

-90

6

341631

1644734

874

ANRBA1-R02-002

0

-90

4

341681

1644734

875

ANRBA1-R02-003

0

-90

5

341730

1644735

867

ANRBA1-R02-007

0

-90

7

341931

1644734

867

ANRBA1-R02-008

0

-90

8

341980

1644735

872

ANRBA1-R03-002

0

-90

10

341681

1644784

870

ANRBA1-R03-003

0

-90

5

341731

1644785

868

ANRBA1-R03-007

0

-90

6

341930

1644785

864

ANRBA1-R03-008

0

-90

7

341981

1644784

862

ANRBA1-R04-002

0

-90

5

341681

1644835

869

ANRBA1-R04-003

0

-90

5

341730

1644835

871

ANRBA1-R04-005

0

-90

4

341830

1644835

875

ANRBA1-R04-009

0

-90

12

342031

1644834

874

ANRBA1-R05-003

0

-90

3

341731

1644885

876

ANRBA1-R05-004

0

-90

14

341781

1644884

871

ANRBA1-R05-009

0

-90

7

342030

1644885

871

ANRBA1-R06-005

0

-90

6

341881

1644934

882

ANRBA1-R07-004

0

-90

5

341881

1644984

872

ANRBA1-R08-005

0

-90

5

341931

1645035

867

ANRBA1-R08-008

0

-90

11

342080

1645034

877

ANRBA1-R09-004

0

-90

3

341930

1645085

874

ANRBA1-R09-005

0

-90

6

341981

1645084

874

ANRBA1-R09-006

0

-90

12

342030

1645085

876

ANRBA1-R10-001

0

-90

3

341931

1645134

875

ANRBA1-R10-002

0

-90

6

341980

1645134

886

ANRBA1-R10-003

0

-90

7

342030

1645135

880

ANRBA1-R11-001

0

-90

5

341881

1645184

881

ANRBA1-R11-002

0

-90

7

341931

1645185

882

ANRBA1-R11-003

0

-90

6

341981

1645184

880

ANRBA1-R11-004

0

-90

5

342030

1645185

883

ANRBA1-R12-002

0

-90

3

341931

1645234

880

ANRBA1-R12-004

0

-90

9

342031

1645235

886

ANRBA1-R12-005

0

-90

10

342081

1645234

885

ANRBA1-R14-006

0

-90

6

342231

1645335

877

ANRBA1-R15-003

0

-90

13

342031

1645385

890

Table 4: Drillhole ID, Azimuth, Dip, End of Hole Depth, Collar Coordinates and Comments