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

Original announcement by tmx on

Company
Alpha Exploration Ltd.
Ticker
ALEX
Exchange
TSX
Region
Eritrea
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results
Extracted
2026-09-13 11:11:05 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Alpha Exploration Ltd. announced positive drill results from its Aburna Gold Project in Eritrea, including 10 metres grading 3.12 g/t gold and a high-grade intercept of 16.61 g/t gold over 1 metre. These results, part of the 2025 exploration program, confirm the tenor of the gold system and extend mineralization to at least 150 metres vertical depth. The company also provided detailed QA/QC information and estimates for true widths of the intersections.

Reasoning: The drill results are positive, confirming high-grade gold mineralization and extending the known footprint at depth through successful step-out drilling. The company provides good disclosure on QA/QC and true width estimates, enhancing confidence in the results.

Positive factors

  • High-grade intercepts, including 16.61 g/t Au over 1m and 12.91 g/t Au over 1m.
  • Step-out drilling successfully extended mineralization to at least 150m vertical depth.
  • QA/QC procedures are disclosed, including accredited labs and use of blanks, standards, and duplicates.
  • True width estimates are provided, ranging between 70% and 90% of drilled intersections.

Negative factors

  • True width is an estimate, not a precise measurement for each intercept.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 14

Classification and evidence

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept in hole ABD026 of 1.0m at 16.61 g/t gold is well above the exceptional threshold for gold (5 g/t) in a porphyry-style deposit.

Evidence · table

“16.61”

Context: 1.00

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The document states that 'true widths range between 70% and 90% of the drilled intersections'.

Evidence · text

“Based upon current data and interpretation it is estimated true widths range between 70% and 90% of the drilled intersections.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Hole ABRD189 represents an approximately 100 metre step out, extending mineralization to at least 150 metres vertical depth.

Evidence · text

“Figure 1 shows the location of ABRD189 on cross section SS-2080 at the Hill 52 prospect. It represents an approximately 100 metre step out, to the southeast, along this section line.”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release details QA/QC procedures, including the use of an independent accredited laboratory (Intertek), sample preparation by NABRO, and the insertion of duplicate samples, certified reference materials (OREAS), and blanks.

Evidence · text

“The results reported here for the Reverse Circulation ("RC") and Diamond Core ("DC") drilling were analysed by Intertek Minerals Ltd., an independent and accredited laboratory located in Tarkwa, Ghana. ... Alpha uses an independent laboratory in Asmara (NABRO) to prepare drill samples for assaying. ... The Company uses appropriate duplicate samples and inserts certified reference material from OREAS ( www.ore.com.au ) into the sample stream. NABRO sample preparation facility inserts barren granodiorite material into the sample stream as blanks.”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: The document specifies a nominal cut-off grade of 0.20 g/t Au with no more than 3 metres of internal dilution, and a specific cut-off of 0.40 g/t Au with no more than 2 metres of internal dilution for one intercept.

Evidence · text

“A nominal cut-off grade of 0.20 g/t Au has been used to determine the boundaries of these intersections with no more than 3 metres of internal dilution of the intercepts. *A nominal cut-off grade of 0.40 g/t Au has been used to determine the boundaries of these intersections with no more than 2 metres of internal dilution of the intercept.”

Extracted facts

Stored fact records: 14. Some facts used in scoring do not have a stored record.

Drill Results (14)

ABRD189Aburna · goldGrade: 0.5Grade Unit: g/tIntercept: 7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
ABRD189
Project
Aburna
Commodity
gold
Region
eritrea
Reported Region
eritrea
Ticker
ALEX

Geometry

Grade
0.5
Grade Unit
g/t
Intercept
7 m
From
160 m
To
167 m
Hole Depth
365.3 m
Intercept Depth
160 m

Classification

Program
exploration
Sample Type
drill
Group ID
ABRD189:160-167
Mining Method
unknown

Location

Location
Hill 52 prospect
Easting
341067
Northing
1651189
Elevation
953 m
Azimuth
315 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals Ltd. and NABRO
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This intercept is of moderate length but low grade, contributing to the overall understanding of the system but not a highlight.

Negative factors

  • Low grade for gold.

Evidence · table

“0.50”

Context: 7.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "(TSXV: ALEX) ("Alpha" or the "Company") is pleased to announce recently received drilling results from an additional 1,4"

ABRD189Aburna · goldGrade: 3.12Grade Unit: g/tIntercept: 10 mView all details
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Identity

Hole ID
ABRD189
Project
Aburna
Commodity
gold
Region
eritrea
Reported Region
eritrea
Ticker
ALEX

Geometry

Grade
3.12
Grade Unit
g/t
Intercept
10 m
From
181 m
To
191 m
Hole Depth
365.3 m
Intercept Depth
160 m

Classification

Program
exploration
Sample Type
drill
Group ID
ABRD189:181-191
Mining Method
unknown

Location

Location
Hill 52 prospect
Easting
341067
Northing
1651189
Elevation
953 m
Azimuth
315 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals Ltd. and NABRO
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This is a strong intercept with good grade and width, demonstrating successful step-out drilling and extending the known mineralization at the Hill 52 prospect.

Positive factors

  • Strong gold grade over a significant width.
  • Represents a 100-metre step-out, extending mineralization at depth.

Evidence · table

“3.12”

Context: 10.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "(TSXV: ALEX) ("Alpha" or the "Company") is pleased to announce recently received drilling results from an additional 1,4"

ABRD189Aburna · goldGrade: 4.08Grade Unit: g/tIntercept: 4 mView all details
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Identity

Hole ID
ABRD189
Project
Aburna
Commodity
gold
Region
eritrea
Reported Region
eritrea
Ticker
ALEX

Geometry

Grade
4.08
Grade Unit
g/t
Intercept
4 m
From
181 m
To
185 m
Hole Depth
365.3 m
Intercept Depth
160 m

Classification

Program
exploration
Sample Type
drill
Group ID
ABRD189:181-185
Mining Method
unknown

Location

Location
Hill 52 prospect
Easting
341067
Northing
1651189
Elevation
953 m
Azimuth
315 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals Ltd. and NABRO
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This sub-interval highlights a higher-grade zone within the main intercept, adding to the overall positive sentiment.

Positive factors

  • High-grade sub-interval within a broader significant intercept.

Evidence · table

“4.08”

Context: 4.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "(TSXV: ALEX) ("Alpha" or the "Company") is pleased to announce recently received drilling results from an additional 1,4"

ABRD189Aburna · goldGrade: 4.82Grade Unit: g/tIntercept: 3 mView all details
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Identity

Hole ID
ABRD189
Project
Aburna
Commodity
gold
Region
eritrea
Reported Region
eritrea
Ticker
ALEX

Geometry

Grade
4.82
Grade Unit
g/t
Intercept
3 m
From
188 m
To
191 m
Hole Depth
365.3 m
Intercept Depth
160 m

Classification

Program
exploration
Sample Type
drill
Group ID
ABRD189:188-191
Mining Method
unknown

Location

Location
Hill 52 prospect
Easting
341067
Northing
1651189
Elevation
953 m
Azimuth
315 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals Ltd. and NABRO
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This sub-interval further confirms the presence of high-grade zones within the main intercept, reinforcing the positive outlook.

Positive factors

  • High-grade sub-interval within a broader significant intercept.

Evidence · table

“4.82”

Context: 3.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "(TSXV: ALEX) ("Alpha" or the "Company") is pleased to announce recently received drilling results from an additional 1,4"

ABRD189Aburna · goldGrade: 2.69Grade Unit: g/tIntercept: 1 mView all details
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Identity

Hole ID
ABRD189
Project
Aburna
Commodity
gold
Region
eritrea
Reported Region
eritrea
Ticker
ALEX

Geometry

Grade
2.69
Grade Unit
g/t
Intercept
1 m
From
309 m
To
310 m
Hole Depth
365.3 m
Intercept Depth
160 m

Classification

Program
exploration
Sample Type
drill
Group ID
ABRD189:309-310
Mining Method
unknown

Location

Location
Hill 52 prospect
Easting
341067
Northing
1651189
Elevation
953 m
Azimuth
315 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals Ltd. and NABRO
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: While the grade is good, the very narrow width makes this intercept less material on its own.

Negative factors

  • Narrow width limits overall significance.

Evidence · table

“2.69”

Context: 1.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "(TSXV: ALEX) ("Alpha" or the "Company") is pleased to announce recently received drilling results from an additional 1,4"

ABD026Aburna · goldGrade: 6.87Grade Unit: g/tIntercept: 1 mView all details
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Identity

Hole ID
ABD026
Project
Aburna
Commodity
gold
Region
eritrea
Reported Region
eritrea
Ticker
ALEX

Geometry

Grade
6.87
Grade Unit
g/t
Intercept
1 m
From
18 m
To
19 m
Hole Depth
407.5 m
Intercept Depth
18 m

Classification

Program
exploration
Sample Type
drill
Group ID
ABD026:18-19
Mining Method
unknown

Location

Location
Central Prospect
Easting
341642
Northing
1651579
Elevation
925 m
Azimuth
315 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals Ltd. and NABRO
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: A high-grade intercept but its very narrow width limits its overall materiality.

Positive factors

  • High gold grade.

Negative factors

  • Very narrow width.

Evidence · table

“6.87”

Context: 1.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "(TSXV: ALEX) ("Alpha" or the "Company") is pleased to announce recently received drilling results from an additional 1,4"

ABD026Aburna · goldGrade: 12.91Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ABD026
Project
Aburna
Commodity
gold
Region
eritrea
Reported Region
eritrea
Ticker
ALEX

Geometry

Grade
12.91
Grade Unit
g/t
Intercept
1 m
From
58 m
To
59 m
Hole Depth
407.5 m
Intercept Depth
18 m

Classification

Program
exploration
Sample Type
drill
Group ID
ABD026:58-59
Mining Method
unknown

Location

Location
Central Prospect
Easting
341642
Northing
1651579
Elevation
925 m
Azimuth
315 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals Ltd. and NABRO
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: An excellent gold grade, but the narrow width means it contributes more to demonstrating high-grade potential than overall resource scale.

Positive factors

  • Very high gold grade.

Negative factors

  • Very narrow width.

Evidence · table

“12.91”

Context: 1.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "(TSXV: ALEX) ("Alpha" or the "Company") is pleased to announce recently received drilling results from an additional 1,4"

ABD026Aburna · goldGrade: 3.6Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
ABD026
Project
Aburna
Commodity
gold
Region
eritrea
Reported Region
eritrea
Ticker
ALEX

Geometry

Grade
3.6
Grade Unit
g/t
Intercept
5 m
From
91 m
To
96 m
Hole Depth
407.5 m
Intercept Depth
18 m

Classification

Program
exploration
Sample Type
drill
Group ID
ABD026:91-96
Mining Method
unknown

Location

Location
Central Prospect
Easting
341642
Northing
1651579
Elevation
925 m
Azimuth
315 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals Ltd. and NABRO
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This intercept contributes positively to the overall understanding of the gold mineralization at the Central Prospect.

Positive factors

  • Good gold grade over a moderate width.

Evidence · table

“3.60”

Context: 5.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "(TSXV: ALEX) ("Alpha" or the "Company") is pleased to announce recently received drilling results from an additional 1,4"

ABD026Aburna · goldGrade: 16.61Grade Unit: g/tIntercept: 1 mView all details
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Identity

Hole ID
ABD026
Project
Aburna
Commodity
gold
Region
eritrea
Reported Region
eritrea
Ticker
ALEX

Geometry

Grade
16.61
Grade Unit
g/t
Intercept
1 m
From
94 m
To
95 m
Hole Depth
407.5 m
Intercept Depth
18 m

Classification

Program
exploration
Sample Type
drill
Group ID
ABD026:94-95
Mining Method
unknown

Location

Location
Central Prospect
Easting
341642
Northing
1651579
Elevation
925 m
Azimuth
315 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals Ltd. and NABRO
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval is highly significant for demonstrating the high-grade potential of the system, despite its narrow width.

Positive factors

  • Exceptional gold grade, indicating bonanza-grade mineralization.

Negative factors

  • Very narrow width.

Evidence · table

“16.61”

Context: 1.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "(TSXV: ALEX) ("Alpha" or the "Company") is pleased to announce recently received drilling results from an additional 1,4"

ABD026Aburna · goldGrade: 1.58Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
ABD026
Project
Aburna
Commodity
gold
Region
eritrea
Reported Region
eritrea
Ticker
ALEX

Geometry

Grade
1.58
Grade Unit
g/t
Intercept
6 m
From
100 m
To
106 m
Hole Depth
407.5 m
Intercept Depth
18 m

Classification

Program
exploration
Sample Type
drill
Group ID
ABD026:100-106
Mining Method
unknown

Location

Location
Central Prospect
Easting
341642
Northing
1651579
Elevation
925 m
Azimuth
315 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals Ltd. and NABRO
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This intercept adds to the continuity of mineralization at the Central Prospect.

Positive factors

  • Moderate gold grade over a good width.

Evidence · table

“1.58”

Context: 6.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "(TSXV: ALEX) ("Alpha" or the "Company") is pleased to announce recently received drilling results from an additional 1,4"

ABD026Aburna · goldGrade: 1.76Grade Unit: g/tIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
ABD026
Project
Aburna
Commodity
gold
Region
eritrea
Reported Region
eritrea
Ticker
ALEX

Geometry

Grade
1.76
Grade Unit
g/t
Intercept
7 m
From
124 m
To
131 m
Hole Depth
407.5 m
Intercept Depth
18 m

Classification

Program
exploration
Sample Type
drill
Group ID
ABD026:124-131
Mining Method
unknown

Location

Location
Central Prospect
Easting
341642
Northing
1651579
Elevation
925 m
Azimuth
315 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals Ltd. and NABRO
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.4
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This intercept further extends and confirms gold mineralization on this cross-section line at the Central Area.

Positive factors

  • Moderate gold grade over a good width.

Evidence · table

“1.76”

Context: 7.00*

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "(TSXV: ALEX) ("Alpha" or the "Company") is pleased to announce recently received drilling results from an additional 1,4"

ABD026Aburna · goldGrade: 1.48Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
ABD026
Project
Aburna
Commodity
gold
Region
eritrea
Reported Region
eritrea
Ticker
ALEX

Geometry

Grade
1.48
Grade Unit
g/t
Intercept
3 m
From
151 m
To
154 m
Hole Depth
407.5 m
Intercept Depth
18 m

Classification

Program
exploration
Sample Type
drill
Group ID
ABD026:151-154
Mining Method
unknown

Location

Location
Central Prospect
Easting
341642
Northing
1651579
Elevation
925 m
Azimuth
315 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals Ltd. and NABRO
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This intercept contributes to the overall understanding of the mineralization at the Central Prospect.

Positive factors

  • Moderate gold grade.

Evidence · table

“1.48”

Context: 3.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "(TSXV: ALEX) ("Alpha" or the "Company") is pleased to announce recently received drilling results from an additional 1,4"

ABR190Aburna · goldGrade: 0.57Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
ABR190
Project
Aburna
Commodity
gold
Region
eritrea
Reported Region
eritrea
Ticker
ALEX

Geometry

Grade
0.57
Grade Unit
g/t
Intercept
3 m
From
60 m
To
63 m
Hole Depth
171 m
Intercept Depth
60 m

Classification

Program
exploration
Sample Type
drill
Group ID
ABR190:60-63
Mining Method
unknown

Location

Location
500 metres southwest of Hill 52 prospect
Easting
340476
Northing
1651009
Elevation
944 m
Azimuth
315 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals Ltd. and NABRO
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This intercept is from an initial test of a new target, but the low grade suggests limited immediate economic significance.

Positive factors

  • Initial test of a new target zone.

Negative factors

  • Low gold grade.

Evidence · table

“0.57”

Context: 3.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "(TSXV: ALEX) ("Alpha" or the "Company") is pleased to announce recently received drilling results from an additional 1,4"

ABR190Aburna · goldGrade: 0.27Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
ABR190
Project
Aburna
Commodity
gold
Region
eritrea
Reported Region
eritrea
Ticker
ALEX

Geometry

Grade
0.27
Grade Unit
g/t
Intercept
3 m
From
74 m
To
77 m
Hole Depth
171 m
Intercept Depth
60 m

Classification

Program
exploration
Sample Type
drill
Group ID
ABR190:74-77
Mining Method
unknown

Location

Location
500 metres southwest of Hill 52 prospect
Easting
340476
Northing
1651009
Elevation
944 m
Azimuth
315 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Minerals Ltd. and NABRO
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This intercept is very low grade, providing minimal economic significance for the new target zone.

Positive factors

  • Initial test of a new target zone.

Negative factors

  • Very low gold grade, barely above cut-off.

Evidence · table

“0.27”

Context: 3.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "(TSXV: ALEX) ("Alpha" or the "Company") is pleased to announce recently received drilling results from an additional 1,4"

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.