Alpha Exploration Ltd.
0.39
CAD
-0.26
(-40.77%)
Alpha Exploration Ltd.
NEO:ALEX
(Cboe Canada)
Recent
price
0.39
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
USD
•
in mil. unless spec.Working Capital
USD
•
in mil. unless spec.Growth Rates
USD
•
in mil. unless spec.Quarterly Revenue
USD
•
in mil. unless spec.Quarterly Earnings Per Share
USD
•
in mil. unless spec.Quarterly Dividends Per Share
USD
•
in mil. unless spec.- Similar Companies
- Business
- Alpha Exploration Ltd. (TSX-V: ALEX) is a mineral exploration company focused on the acquisition, exploration and development of resource properties in Eritrea through its wholly-owned subsidiary; it targets gold, copper, silver and volcanogenic massive sulphide (VMS) deposits across its flagship 100% owned Kerkasha Project spanning 771 square kilometers, which includes the Aburna Gold Prospect with a large 7km by 2km footprint and high-grade intercepts such as 18 meters at 15.33 g/t gold and 49 meters at 2.75 g/t gold; the Anagulu gold-copper prospect featuring intersections like 108 meters at 1.24 g/t gold and 0.60% copper; the Tolegimja VMS copper-zinc-gold prospect; and over 17 additional gold and base metal targets including Hill 52, Kosolda and Kona West. The company operates primarily in the Arabian-Nubian Shield region, leveraging artisanal and colonial mining sites to advance discoveries using drilling programs, machine learning and geochemical analysis for orogenic, porphyry, VMS and epithermal deposit styles; it serves institutional and retail investors interested in early-stage precious and base metals exposure. Founded in 2011 and headquartered in Road Town, British Virgin Islands, with operations based in Asmara, Eritrea, Alpha Exploration advances its pipeline through systematic exploration including recent rotary air blast drilling to expand the Aburna footprint and ongoing 2025 programs yielding new results such as 29 meters at 2.89 g/t gold at Hill 52; in October 2025 it appointed John Wilton as full-time Chief Executive Officer replacing interim leadership, enhancing management expertise; and on July 15, 2025 it closed a non-brokered private placement financing to support accelerated drilling and evaluation.
Company News
Alpha Drills 12 m Grading 2.09 g/t Gold within 31 m Grading 1.12 g/t Gold at New Aburna Corridor Obok Prospect
Alpha's Drilling Confirms Second Target of Scale at Anagulu Copper-Gold Porphyry Project
Alpha Chairman Mike Hopley Retires and Stephen Gatley Joins Alpha Board of Directors
Alpha Exploration Closes Second Tranche of Private Placement Financing and Extension of Private Placement Financing
Alpha Exploration Closes First Tranche of Private Placement Financing
Alpha Announces Dr. Richard Sillitoe World-Renowned Economic Geologist Joins the Company as Advisor and Exploration Drilling Commences