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Alpha Exploration Announces Positive Drill Results from Aburna Gold District

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Alpha Exploration Announces Positive Drill Results from Aburna Gold District

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Alpha Exploration Ltd. ( (TSE:ALEX) ) has shared an update.

Alpha Exploration Ltd. announced new drill results from the Aburna Gold District within the Kerkasha Project in Eritrea, revealing positive assay results that align with existing models of gold mineralization. The results, from 25 drillholes in the Hill 52 and Central areas, highlight the company’s continued exploration success and support the structural controls theory of gold distribution at the site, emphasizing their strategic position in the gold exploration market.

More about Alpha Exploration Ltd.

Alpha Exploration Ltd. is a company operating in the mining industry, focusing on the exploration and development of gold projects. Their primary projects are located in Eritrea, with a significant emphasis on the Kerkasha Project, which spans 771 km² and encompasses multiple gold prospects.

YTD Price Performance: -18.48%

Average Trading Volume: 11,312

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$31.8M

For detailed information about ALEX stock, go to TipRanks’ Stock Analysis page.

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