Gold Mining News in Eritrea

Alpha Exploration Ltd.
Alpha Exploration Ltd.
ALEX
Gold
Eritrea
Drill Results

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

Alpha Exploration announced positive drill results from its Aburna Gold Project, including a high-grade intercept of 7m grading 7.09 g/t gold within 19m grading 3.18 g/t gold at the Northeast Prospect. The program successfully expanded the gold mineralization footprint through step-out drilling and identified new shallow zones. Additionally, first-pass drilling at the Far Southwest target returned gold mineralization, extending the prospective Aburna corridor.

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Alpha Exploration Ltd.
Alpha Exploration Ltd.
ALEX
Gold
Eritrea
Drill Results

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

Alpha Exploration Ltd. announced a second batch of drill results from its Aburna Gold Project in Eritrea, highlighting significant gold intercepts at the Northeast prospect, including 7 meters grading 7.09 g/t gold within 19 meters grading 3.18 g/t gold. The exploration drilling successfully expanded the mineralization footprint and identified new shallow zones, with step-out drilling extending into untested areas. Additionally, first-pass drilling at the Far Southwest target returned gold mineralization 1.7 kilometers along trend from the Hill 52 prospect, indicating district-scale potential for the Aburna corridor.

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Alpha Exploration Ltd.
Alpha Exploration Ltd.
ALEX.V
Gold
Eritrea
Drill Results

Alpha Drills 12 m Grading 2.09 g/t Gold within 31 m Grading 1.12 g/t Gold at New Aburna Corridor Obok Prospect

Alpha Exploration has announced a first batch of drill results from its Aburna Gold Project in Eritrea, highlighting a significant intercept of 31.00 m grading 1.12 g/t gold, including 12.00 m grading 2.09 g/t gold, in hole ABD029 at the new Obok prospect. The exploration program also returned multiple gold intercepts at the EER and SW targets, indicating potential to expand the Hill 52 prospect mineralization. These early-stage results demonstrate the under-explored nature and potential for further gold discoveries within the greater Aburna corridor.

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Alpha Exploration Ltd.
Alpha Exploration Ltd.
ALEX
Gold
Eritrea
Drill Results

Alpha Drills 12 m Grading 2.09 g/t Gold within 31 m Grading 1.12 g/t Gold at New Aburna Corridor Obok Prospect

Alpha Exploration has announced initial drill results from its ongoing exploration program at the Aburna Gold Project in Eritrea, highlighting significant gold intercepts from new targets. Hole ABD029 at the Obok Prospect returned 12 meters grading 2.09 g/t gold within a broader 31-meter interval at 1.12 g/t gold. The program successfully identified multiple gold intercepts at the EER and SW targets, demonstrating potential to expand the Hill 52 prospect's mineralization and advancing Obok to key prospect status.

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Alpha Exploration Ltd.
Alpha Exploration Ltd.
ALEX
Eritrea
Drill Results

Alpha Commences Drilling at Aburna Gold Project and New Targets Identified

Alpha Exploration has commenced a 6,500m exploration drilling campaign at the Aburna Gold Project in Eritrea. The release highlights several high-grade historical drill intercepts and outlines plans to expand existing prospects and test seven new targets.

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Alpha Exploration Ltd.
Alpha Exploration Ltd.
ALEX
Eritrea

Alpha Chairman Mike Hopley Retires and Stephen Gatley Joins Alpha Board of Directors

Alpha Exploration Ltd. announced the retirement of Chairman Mike Hopley and the appointment of mining engineer Stephen Gatley to the Board of Directors. The release also notes the completion of a private placement totaling over $7.5 million and reiterates high-grade drill results from the Aburna and Anagulu prospects in Eritrea.

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Alpha Exploration Ltd.
Alpha Exploration Ltd.
ALEX
Eritrea

Alpha Exploration Closes Second Tranche of Private Placement Financing and Extension of Private Placement Financing

Alpha Exploration has closed the second tranche of its non-brokered private placement, raising C$1,269,419.00 at C$0.60 per unit. Total proceeds to date from this financing program amount to C$7,520,820.00, with the TSXV extending the closing period for additional tranches to July 2, 2026.

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Alpha Exploration Ltd.
Alpha Exploration Ltd.
ALEX
Eritrea

Alpha Exploration Closes First Tranche of Private Placement Financing

Alpha Exploration has closed the first tranche of a non-brokered private placement, raising C$6,251,401 at C$0.60 per unit. The proceeds are earmarked for exploration at the Kerkasha Project in Eritrea, where the company has previously reported high-grade gold and copper-gold intercepts.

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Alpha Exploration Ltd.
Alpha Exploration Ltd.
ALEX
Eritrea

Alpha Exploration Announces Private Placement Financing

Alpha Exploration Ltd. has announced a non-brokered private placement of up to C$8 million at C$0.60 per unit. The proceeds are intended to fund exploration at the Kerkasha Project in Eritrea.

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Alpha Exploration Ltd.
Alpha Exploration Ltd.
ALEX
Gold
Eritrea
Drill Results

Alpha Announces Second Batch of 2025 Drill Results, Including 10 Metres Grading 3.12 g/t Gold, from the Aburna Gold Project

Alpha Exploration Ltd. announced new drill results from its 2025 exploration program at the Aburna Gold Project in Eritrea, highlighting significant gold intercepts including 10 metres grading 3.12 g/t gold. The drilling successfully extended mineralization to at least 150 metres vertical depth and tested new targets. The company noted that 80% of the 7km gold trend remains untested, indicating significant exploration upside.

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