Alpha Exploration Ltd (ALEX) Economic Study
TSXV: ALEX · Gold · Exploration stage
- Market cap$49.0M
- Share price$0.455
- 52-week range$0.430 – $0.730
- Shares outstanding107,773,731
- ExchangeTSXV
- Websitealpha-exploration.com
Alpha (TSXV: ALEX) is an exploration company that is rapidly advancing a number of important gold and base metal discoveries it has made across the 100% owned, 514 km2 Kerkasha Project in Eritrea. The Aburna Gold Prospect is an exciting new gold discovery where recent drilling has confirmed a high-grade mineralized system, with grades including 18 m @ 15.33 g/t Au, 16 m @ 147 g/t Au, 9 m @ 10 g/t Au and 23 m @ 6.74 g/t Au. The Anagulu Gold-Copper prospect with recent drilling intersections of 108 m @ 1.24 g/t Au and 0.60% Cu including 49 m @ 2.42 g/t Au and 1.10% Cu, and 109 m @ 0.79 g/t Au and 0.35 % Cu within a porphyry unit drilled over 2 km along trend, and with an overall and expanding exploration target footprint of some 4 by 2 km. The Company is managed by a group of highly experienced and successful mining and exploration professionals with long track records of establishing, building and returning value to stakeholders from a number of gold and base metal discoveries in Eritrea, across the wider Arabian Nubian Shield, and in other regions of Africa.
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Alpha Exploration Ltd economic studies
No economic study (PEA, pre-feasibility or feasibility) is on file for Alpha Exploration Ltd.