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Alpha Exploration has reported fresh gold intercepts at its Aburna Gold Project in Eritrea

Posted by: Semere Asmelash

Date: Wednesday, 07 October 2026

Alpha Drills 7 m Grading 7.09 g/t Gold within 19 m Grading 3.18 g/t Gold at Northeast Prospect, Aburna Gold Project

Calgary, Alberta--(Newsfile Corp. - October 6, 2026) - Alpha Exploration Ltd. (TSXV: ALEX) ("Alpha" or the "Company") is pleased to announce a second batch of results from its ongoing exploration drilling programme at the Aburna Gold Project.

These new results relate to a total of 2,350.20 metres ("m"), including both core and reverse-circulation ("RC") drilling, completed largely at the Northeast prospect expansion area, with additional first-pass RC drill testing of the Far Southwest and IP targets. All the drilling is located within the highly prospective but under-explored Aburna corridor. In this gold corridor, Alpha has already discovered the Hill 52, Central, Northeast and Obok prospects, which host numerous shallow, high-grade gold intercepts.

HIGHLIGHTS of 2026 NORTHEAST PROSPECT DRILLING RESULTS TO DATE

  • ABD031: 19.00 m grading 3.18 grams per tonnes ("g/t") gold

    • Including: 7.00 m grading 7.09 g/t gold

  • ABD033: 12.00 m grading 1.53 g/t gold

    • Including: 8.00 m grading 2.22 g/t gold

  • ABD034: 13.00 m grading 1.53 g/t gold

    • Including: 6.00 m grading 3.01 g/t gold

  • These drill intercepts have increased the footprint of the gold mineralization at the Northeast prospect and indicate its strong potential for additional expansion

FURTHER HIGHLIGHTS from 2026 GREATER ABURNA CORRIDOR EXPLORATION DRILLING RESULTS TO DATE

  • ABR213: 8.00 m grading 0.64 g/t gold

    • Including: 4.00 m grading 0.81 g/t gold

  • Far Southwest ("FSW") target returns gold mineralized intercept some 1.7 kilometres ("km") along trend from Hill 52 prospect

The Aburna Gold Project is located within Alpha's 100% owned, 514 km² Kerkasha Project located in Eritrea. To date, only approximately 20 percent of the Aburna corridor, as defined by gold-in-soil anomalies, reconnaissance rotary air blast ("RAB") drilling in areas of immature, transported soil, and permissive geology and structure, has been tested by significant drilling. This fact linked with these new results emphasises the under-explored and prospective nature of this area. Alpha is also exploring the large target footprint Anagulu Copper-Gold Porphyry Project some 7 kilometres south of Aburna, with these projects being two of three significant discoveries made by the Alpha team on the Kerkasha licence.

John Wilton, CEO of Alpha, stated: "We are very motivated by this second batch of 2026 drilling results from our Aburna Gold Project. At the Northeast prospect the results have provided several positive outcomes. Drill hole ABD031 intersected 7 m grading 7.09 g/t gold within 19 m grading 3.18 g/t gold and ABD034 returned 6 m grading 3.01 g/t gold within 13 m grading 1.53 g/t gold. These drill holes indicate the growth of the gold mineralization footprint at the Northeast prospect and show the potential for its continued expansion into untested areas. Also, the drilling has identified new shallow zones of gold mineralization in the west of the prospect, with multiple drill-hole intercepts, including ABD033 with 8 m grading 2.22 g/t gold within 12 m grading 1.53 g/t gold from approximately 20 m below surface. These zones of gold mineralization, also intersected in drill holes ABR192 and ABR194, remain open further to the west.

Story Continues

Alpha Drills 7 m Grading 7.09 g/t Gold within 19 ...


Alpha Exploration Drills 7 m Grading 7.09 g/t Gold within ...


Alpha Drills 7 m Grading 7.09 g/t Gold within 19 ...



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