Dehai News

Alpha Exploration - Appointment of VP Business Development

Posted by: Semere Asmelash

Date: Thursday, 31 August 2023


Alpha Exploration - Appointment of VP Business Development
Thu, August 31, 2023 


Calgary, Alberta--(Newsfile Corp. - August 31, 2023) - Alpha Exploration Ltd. (TSXV: ALEX) ("Alpha" or the "Company") is pleased to announce the appointment of Matthew Grainger as Vice President Business Development.

Mr. Grainger is a geologist with over 25 years' experience in the mining industry. Most recently he was Executive Director and co founder at AIM/TSX-V listed Altus Strategies Plc prior to its merger with TSX-V listed Elemental Royalties in 2022 to form Elemental Altus Royalties (TSX-V:ELE), a US$160m diversified royalty business. He also co-founded Ariana Resources plc (AIM:AAU), a Turkish gold explorer and producer as well as a number of other successful exploration and investment businesses. Matthew holds a MSc in Mining Geology from the Camborne School of Mines.

Michael Hopley, Alpha President & CEO said "We are delighted to welcome Matthew to the team at what is an important stage in the Company's growth trajectory. Matthew's broad and deep expertise across the junior exploration sector will help further strengthen our exploration strategy in Eritrea and beyond, where Alpha is advancing some exciting new gold and base metal discoveries. He will also manage the Company's corporate communications, ensuring our shareholders as well as all other key stakeholders are provided with the latest information with regard to our plans and progress."

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, large (771 km2) Kerkasha Project in Eritrea.

The Aburna Gold Prospect is an exciting new gold discovery where recent drilling has established a high grade discovery with grades including 16m @ 14.07g/t Au and 23m @ 6.74 g/t Au. The Anagulu Gold-Copper Prospect includes recent drilling intersections of 108m @ 1.24 g/t Au & 0.60% Cu & and 49m @ 2.42 g/t Au & 1.10% Cu within a major porphyry unit mapped over at least 1.5km. The Company has also advanced the Tolegimja VMS Copper-Zinc-Gold Prospect and over 15 other gold prospects since listing in 2021.

The Company is managed by a group of highly experienced and successful professionals with long track records of establishing, building and successfully exiting a number of world class gold and base metals 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
President and Chief Executive Officer
Alpha Exploration Ltd.
Email: mhopley@alpha-exploration.com
Tel: +44 207129 1148

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 Michael Hopley, President, Chief Executive Officer of Alpha and a "qualified person" for the purposes of national Instrument 43-101 - Standards of Disclosure for Mineral Projects.

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.


ERi-TV, Eritrea - ጸብጻብ ዑደት ፕረዚደንት ኢሳይያስ ኣፈወርቂ ኣብ ዋዕላ ደቡብ ኮርያ አፍሪቃ | Reportage on President Isaias Afwerki's visit to South Korea for the South Korea-Africa Summit, held from June 3-4

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