Results at Anagulu gold-copper project in Eritrea reported

Results at Anagulu gold-copper project in Eritrea reported

Alpha Exploration Ltd. is pleased to announce results of recent diamond and reverse circulation drilling at the Anagulu gold-copper porphyry prospect part of the Company’s 100% owned Kerkasha Project, Eritrea.

Michael Hopley, Alpha President and CEO said, “We are very happy with these latest drill results because they extend the zone of known gold and copper mineralization with gold equivalent values of over about 1 g/t to approximately 400-meter strike length; this is very encouraging given that the rock-chip and soil-sample gold and copper results at Anagulu suggest it is at least 2,000 meters long. In addition, with Richard Sillitoe’s insights into the style and controls of mineralization at Anagulu, Alpha staff will have the knowledge to continue exploration to expand the size of Anagulu.”

This latest phase of drilling at Anagulu (Phase 3) consisted of fourteen drill holes totaling 3,038 meters. The drilling was a mixture of diamond drilling, reverse-circulation (RC) drilling, with some holes started with RC before being completed at depth with diamond drilling.

Drilling campaign

The objective of this drilling campaign was to understand the geometry and to extend in both strike and depth previously intersected gold and copper mineralization intersected at Anagulu. In addition, several drill holes were sited to test recently defined peripheral Induced Potential geophysical anomalies.

The results of this latest drilling has expanded the envelope of higher grade (greater than 1 g/t AuEq) gold-copper mineralization to approximately 400 meters in the northeast part of the prospect. Soil geochemistry as well as rock-chip samples define the surface extent of mineralization at Anagulu to have a strike length of at least 2 km.

Dr. Richard Sillitoe spent six days in Eritrea last month with Alpha geologists examining in detail the diamond drill core and reverse-circulation drill chips from 13 holes on three key cross-sections of the Anagulu gold-copper prospect. Dr. Sillitoe has now completed a report for Alpha which summarizes the exploration potential and recommendations.

Alpha will use Dr. Sillitoe’s sections and interpretations in conjunction with its extensive multi-element geochemical dataset to update its 3-D model to plan the next phase of exploration at Anagulu.



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