Business
Alpha Exploration Announces New Gold Discovery at Aburna with Drill Intercepts 15 M of 5.85 G/T Gold & 10 M of 5.24 G/T Gold
Calgary, Alberta--(Newsfile Corp. - May 3, 2022) - Alpha Exploration Ltd. (TSXV: ALEX) ...
About this update from Alpha Exploration Ltd.
[{"type":"text","content":"Alpha Exploration Announces New Gold Discovery at Aburna with Drill Intercepts 15 M of 5.85 G/T Gold & 10 M of 5.24 G/T GoldCalgary, Alberta--(Newsfile Corp. - May 3, 2022) - Alpha Exploration Ltd. (TSXV: ALEX) (\"Alpha\" or the \"Company\") is pleased to announce results from 14 of 19 reverse-circulation (RC) drill holes at the Aburna gold prospect, part of the Company's 100% owned Kerkasha Project, Eritrea.HighlightsDrill hole ABR-005 in the Hill 52 location intersected 15 meters averaging 5.85 g/t gold.Drill hole ABR-008 in the Celebration Hill location intersected 10 meters averaging 5.24 g/t gold.The Aburna gold prospect on the Kerkasha Project has not been previously drilled. This initial drilling program was conducted in February and March 2022 and consisted of 19 angled RC holes to depths of 60 to 222 meters (see Drill Collar Table 2 below for more details)Michael Hopley, Alpha President & CEO said, \"We are very encouraged with these initial drill results from Aburna, particularly because of the very large size potential of the prospect indicated from earlier trenching over approximately 4 km by 2 kms. The results to date show impressive widths of strong gold mineralization in two areas of interests at Aburna - Hill 52 and Celebration Hill. Now that these areas have demonstrated possible economic grade mineralisation is present, further drilling will focus on determining the strike extent and width of mineralisation.Table 1: Summary of Best Intervals from recent drilling at Aburna.Hole NumberFrom (m)To (m)Interval (m)*Au (g/t)AreaABR-001216140.87Hill 52and374581.58Hill 52ABR-0022753.65Hill 52and141841.38Hill 52and646511.08Hill 52and697231.90Hill 52ABR-003899121.43Hill 52ABR-004141623.00Hill 52and212211.44Hill 52ABR-005621155.85Hill 52and464714.48Hill 52and252612.43Hill 52and555724.65Hill 52and646513.31Hill 52ABR-006272811.12Hill 52and13613713.31Hill 52ABR-007232411.85Hill 52ABR-0084959105.24Celebration Hilland858611.57Celebration HillABR-011596011.77Celebration HillABR-012585911.49Celebration Hill *Note that 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 start and end value of not less than 0.92g/t Au using a 0.2 g/t Au cut-off and a maximum internal dilution of 2 m.Aburna Gold ...