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Alpha Exploration Announces More Drilling Results from Aburna with Intercept of 22 M of 4.50 G/T Gold

Calgary, Alberta--(Newsfile Corp. - May 25, 2022) - Alpha Exploration Ltd.  ( TSXV: ALEX...

articleAlpha Exploration Ltd.May 25, 20225/company/alpha-exploration-ltd/news/alpha-exploration-announces-more-drilling-results-from-aburna-with-intercept-of-22-m-of-450-gt-gold
Alpha Exploration Announces More Drilling Results from Aburna with Intercept of 22 M of 4.50 G/T Gold

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[{"type":"text","content":"Alpha Exploration Announces More Drilling Results from Aburna with Intercept of 22 M of 4.50 G/T GoldCalgary, Alberta--(Newsfile Corp. - May 25, 2022) - Alpha Exploration Ltd. (TSXV: ALEX) (\"Alpha\" or the \"Company\") is pleased to announce more results from the first drilling program on its Aburna gold prospect, part of the Company's 100% owned Kerkasha Project, Eritrea. A program consisting of 19 reverse-circulation drill holes was completed in February and March this year and results from the first 14 holes (ABR-001 to ABR-014) were announced earlier this month (May 3, 2022) and now assay results from 4 of the 5 remaining drill holes (ABR 016 to ABR-019) have been received.HighlightsDrill hole ABR-018 in the Hill 52 location intersected 22 meters averaging 4.50 g/t gold.Drill hole ABR-017 in the Hill 52 location intersected 5 meters averaging 1.94 g/t gold.Table 1: Summary of Best Intervals from Aburna Drill Holes ABR-016 to ABR-019 Hole NumberFrom (m)To (m)Interval (m)*Au (g/t)AreaABR-016798450.52Hill 52ABR-017112090.42Hill 52and536180.94Hill 52and717651.94Hill 52ABR-018724170.39Hill 52and4769224.50Hill 52ABR-019No significant assays0Aburna Central Note: At this early stage of exploration the true width of the mineralization is uncertain, but it is estimated to be 70 to 80% of reported intervals. Intervals are calculated with a 0.2 g/t Au cut-off and a maximum internal dilution of 2 m.Michael Hopley, Alpha President & CEO said, \"These results from the first drilling campaign at Aburna continue to support the view that Alpha has found what could be a large gold discovery at Aburna with widespread gold mineralization spread over large areas in many drill holes. These positive results give the Alpha exploration team plenty of targets for the next round of drilling particularly at the Hill 52 and Celebration Hill areas.\"Aburna Gold ProspectThe Aburna gold prospect is located on the western side of the Company's large Kerkasha Exploration License. Gold was mined at Aburna in the 1920s by Italian colonial miners and more recently by local artisanal miners. Earlier work by Alpha has identified gold mineralization over an area of approximately 4 km by 2 km northeast of the colonial Mine. Gold mineralization at Aburna is orogenic-type associated with three major NE-SW oriented shear zones. Recent work by Alpha has i...

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