# Alpha Expands Anagulu Porphyry Mineralisation with Drill Intercept of 120 metres Grading 0.30% Copper and 0.47 g/t Gold Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/alpha-expands-anagulu-porphyry-mineralisation-with-drill-intercept-of-120-metres--934163d8-0f55-497a-974a-9483b724ec18 Original source: https://money.tmx.com/en/quote/ALEX/news/8302036969166807/alpha-expands-anagulu-porphyry-mineralisation-with-drill-intercept-of-120-metres Publisher: tmx Original announcement: 2026-02-23T22:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Alpha Exploration Ltd. - Ticker: ALEX - Exchange: TSX - Region: Eritrea - Primary commodity: Copper - Secondary commodities: Gold - Document categories: Drill results - Extracted: 2026-09-13 11:08:17 UTC Narrative sentiment: 0.70 · Bullish ## Minestarters Atlas summary Alpha Exploration has reported a significant 120m drill intercept at the Anagulu Porphyry Project in Eritrea, grading 0.30% Cu and 0.47 g/t Au. This result extends the mineralised porphyry unit at least 120 metres to the northeast, expanding the overall target footprint to approximately 4 by 2 kilometres. Reasoning: The 120m intercept extends the known mineralised porphyry unit along strike, demonstrating significant exploration scale potential. - Positive factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Positive factor: Significant width - Negative factor: Apparent Width Only Facts used in scoring: 6 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: The intercept extends the mineralised porphyry unit at least 120 metres to the northeast. Evidence · text > Intercept extends the mineralised porphyry unit at least 120 metres to the northeast **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: Release includes detailed QA/QC procedures, including use of blanks, standards, and duplicates, with Intertek as the accredited laboratory. Evidence · text > The Company uses appropriate duplicate samples and inserts certified reference material from OREAS **Apparent Width Only** Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Why it applies: The document states true widths are estimated to be 50% to 70% of drilled intersections, meaning reported widths are apparent. Evidence · text > it is estimated true widths range between 50% and 70% of the drilled intersections ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Drill Results (6) ### ANRD049 [Link to this fact](https://atlas-extractions.minestarters.com/news/alpha-expands-anagulu-porphyry-mineralisation-with-drill-intercept-of-120-metres--934163d8-0f55-497a-974a-9483b724ec18#fact-drill-facts-0) Anagulu Copper-Gold Porphyry · copper #### Identity - Hole ID: ANRD049 - Project: Anagulu Copper-Gold Porphyry - Commodity: copper - Region: eritrea - Reported Region: eritrea - Ticker: ALEX #### Geometry - Grade: 0.3 - Grade Unit: % - Intercept: 120 m - From: 279 m - To: 399 m - Hole Depth: 407.5 m - Intercept Depth: 279 m #### Classification - Deposit Type: porphyry - Program: exploration - Sample Type: drill - Group ID: ANRD049:279-399 - Mining Method: open\_pit #### Location - Easting: 341895 - Northing: 1644957 - Elevation: 874 m - Azimuth: 310 ° - Dip: -53 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: Intertek - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Compositing - Cutoff Grade: 0.1 - Cutoff Unit: % Cu - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-23T00:00:00.000Z Reasoning: 120m intercept at 0.30% Cu extends the porphyry unit along strike. - Positive factor: Step-Out Extension - Negative factor: Apparent Width Only Evidence · table > 0.30 Context: 120.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: 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 Play** Polarity: neutral Definition: 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 first batch of drilling results from a " ### ANRD049 [Link to this fact](https://atlas-extractions.minestarters.com/news/alpha-expands-anagulu-porphyry-mineralisation-with-drill-intercept-of-120-metres--934163d8-0f55-497a-974a-9483b724ec18#fact-drill-facts-1) Anagulu Copper-Gold Porphyry · gold #### Identity - Hole ID: ANRD049 - Project: Anagulu Copper-Gold Porphyry - Commodity: gold - Region: eritrea - Reported Region: eritrea - Ticker: ALEX #### Geometry - Grade: 0.47 - Grade Unit: g/t - Intercept: 120 m - From: 279 m - To: 399 m - Hole Depth: 407.5 m - Intercept Depth: 279 m #### Classification - Deposit Type: porphyry - Program: exploration - Sample Type: drill - Group ID: ANRD049:279-399 - Mining Method: open\_pit #### Location - Easting: 341895 - Northing: 1644957 - Elevation: 874 m - Azimuth: 310 ° - Dip: -53 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: Intertek - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Compositing - Cutoff Grade: 0.1 - Cutoff Unit: % Cu - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-23T00:00:00.000Z Reasoning: 0.47 g/t Au over 120m is a significant extension of the porphyry system. Evidence · table > 0.47 Context: 120.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: 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 Play** Polarity: neutral Definition: 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 first batch of drilling results from a " ### ANRD049 [Link to this fact](https://atlas-extractions.minestarters.com/news/alpha-expands-anagulu-porphyry-mineralisation-with-drill-intercept-of-120-metres--934163d8-0f55-497a-974a-9483b724ec18#fact-drill-facts-2) Anagulu Copper-Gold Porphyry · copper #### Identity - Hole ID: ANRD049 - Project: Anagulu Copper-Gold Porphyry - Commodity: copper - Region: eritrea - Reported Region: eritrea - Ticker: ALEX #### Geometry - Grade: 0.38 - Grade Unit: % - Intercept: 69 m - From: 302 m - To: 371 m - Hole Depth: 407.5 m - Intercept Depth: 302 m #### Classification - Deposit Type: porphyry - Program: exploration - Sample Type: drill - Group ID: ANRD049:302-371 - Mining Method: open\_pit #### Location - Easting: 341895 - Northing: 1644957 - Elevation: 874 m - Azimuth: 310 ° - Dip: -53 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: Intertek - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Compositing - Cutoff Grade: 0.1 - Cutoff Unit: % Cu - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-23T00:00:00.000Z Reasoning: High-grade sub-interval within the main intercept. Evidence · table > 0.38 Context: 69.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: 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 Play** Polarity: neutral Definition: 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 first batch of drilling results from a " ### ANRD049 [Link to this fact](https://atlas-extractions.minestarters.com/news/alpha-expands-anagulu-porphyry-mineralisation-with-drill-intercept-of-120-metres--934163d8-0f55-497a-974a-9483b724ec18#fact-drill-facts-3) Anagulu Copper-Gold Porphyry · gold #### Identity - Hole ID: ANRD049 - Project: Anagulu Copper-Gold Porphyry - Commodity: gold - Region: eritrea - Reported Region: eritrea - Ticker: ALEX #### Geometry - Grade: 0.66 - Grade Unit: g/t - Intercept: 69 m - From: 302 m - To: 371 m - Hole Depth: 407.5 m - Intercept Depth: 302 m #### Classification - Deposit Type: porphyry - Program: exploration - Sample Type: drill - Group ID: ANRD049:302-371 - Mining Method: open\_pit #### Location - Easting: 341895 - Northing: 1644957 - Elevation: 874 m - Azimuth: 310 ° - Dip: -53 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: Intertek - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Compositing - Cutoff Grade: 0.1 - Cutoff Unit: % Cu - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-23T00:00:00.000Z Reasoning: High-grade sub-interval within the main intercept. Evidence · table > 0.66 Context: 69.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: 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 Play** Polarity: neutral Definition: 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 first batch of drilling results from a " ### ANRD049 [Link to this fact](https://atlas-extractions.minestarters.com/news/alpha-expands-anagulu-porphyry-mineralisation-with-drill-intercept-of-120-metres--934163d8-0f55-497a-974a-9483b724ec18#fact-drill-facts-4) Anagulu Copper-Gold Porphyry · copper #### Identity - Hole ID: ANRD049 - Project: Anagulu Copper-Gold Porphyry - Commodity: copper - Region: eritrea - Reported Region: eritrea - Ticker: ALEX #### Geometry - Grade: 0.51 - Grade Unit: % - Intercept: 17 m - From: 304 m - To: 321 m - Hole Depth: 407.5 m - Intercept Depth: 304 m #### Classification - Deposit Type: porphyry - Program: exploration - Sample Type: drill - Group ID: ANRD049:304-321 - Mining Method: open\_pit #### Location - Easting: 341895 - Northing: 1644957 - Elevation: 874 m - Azimuth: 310 ° - Dip: -53 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: Intertek - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Compositing - Cutoff Grade: 0.1 - Cutoff Unit: % Cu - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-23T00:00:00.000Z Reasoning: High-grade sub-interval within the main intercept. Evidence · table > 0.51 Context: 17.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: 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 Play** Polarity: neutral Definition: 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 first batch of drilling results from a " ### ANRD049 [Link to this fact](https://atlas-extractions.minestarters.com/news/alpha-expands-anagulu-porphyry-mineralisation-with-drill-intercept-of-120-metres--934163d8-0f55-497a-974a-9483b724ec18#fact-drill-facts-5) Anagulu Copper-Gold Porphyry · gold #### Identity - Hole ID: ANRD049 - Project: Anagulu Copper-Gold Porphyry - Commodity: gold - Region: eritrea - Reported Region: eritrea - Ticker: ALEX #### Geometry - Grade: 0.84 - Grade Unit: g/t - Intercept: 17 m - From: 304 m - To: 321 m - Hole Depth: 407.5 m - Intercept Depth: 304 m #### Classification - Deposit Type: porphyry - Program: exploration - Sample Type: drill - Group ID: ANRD049:304-321 - Mining Method: open\_pit #### Location - Easting: 341895 - Northing: 1644957 - Elevation: 874 m - Azimuth: 310 ° - Dip: -53 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: Intertek - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Compositing - Cutoff Grade: 0.1 - Cutoff Unit: % Cu - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-23T00:00:00.000Z Reasoning: High-grade sub-interval within the main intercept. Evidence · table > 0.84 Context: 17.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: 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 Play** Polarity: neutral Definition: 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 first batch of drilling results from a " ## 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.