Alpha Exploration Ltd. ( (TSE:ALEX) ) has provided an announcement.
Alpha Exploration Ltd. has released the final results from its 2024 drilling program at the Aburna Gold and Anagulu Gold-Copper prospects, showing promising mineralization. The company plans to continue exploration in 2025, aiming to define a maiden mineral resource at the Aburna orogenic gold system by early 2026 and further delineate the porphyry system at Anagulu. The renewal of the Kerkasha license, albeit with a 25% relinquishment, allows Alpha to maintain a significant exploration area of 514 km², supporting its strategic focus on these promising prospects.
More about Alpha Exploration Ltd.
Alpha Exploration Ltd. operates in the mining industry, focusing on the exploration and development of gold and copper resources. The company is primarily engaged in activities on its Kerkasha license in Eritrea, targeting orogenic gold and porphyry copper-gold systems.
YTD Price Performance: -26.09%
Average Trading Volume: 8,427
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$29.25M
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