Alpha Exploration Ltd. announced final results from the first phase of its 2024 drilling program on its Aburna Gold Prospect ("Aburna") on the Company's 100% owned, 771 km2 Kerkasha Project located in Eritrea. Drilling consists of both reverse-circulation ("RC") drilling and diamond core ("DC") drilling. Final assays have now been received for the remaining 16 drillholes drilled at Aburna in First Phase 2024 and including 5 holes from Hill 52, 5 drillholes from Central Area with a further 6 drillholes at Northeast Area.

All drillholes except for DD holes ABD014, ABD015 and ABD016 were drilled as diamond tail extensions to existing RC drillholes completed earlier in March this year, and were designed to test mineralization down plunge of the current mineralized lenses at all three prospects. Highlights: Drillhole ABRD113: 5m at 11.03 g/t Au (Northeast Area); Drillhole ABRD105: 22m at 1.71 g/t Au (Central Area); Drillhole ABRD104: 18m at 1.17 g/t Au (Central area) First phase 6,247m drilling program now complete. Alpha has now completed the first phase of a planned 20,000m, 2024 drilling program at Aburna.

Drillhole ABRD113 was designed to test the main Northeast Area mineralized shoot at depth and successfully intercepted the high-grade lens including 5m at 11.03g/t Au. The width and grade of the intercept are consistent with the rest of the Northeast Area footwall shoot that includes prior drillholes ABR037 16m at 14.07 g/t Au and ABR078 (9m at 5.99 g/t Au). Following receipt and interpretation of all assays now from this first phase program, and the successful conclusion of CAD 7 million financing, where Alpha in aggregate raised CAD 6.85 million, the Company is now well funded to accelerate exploration on the Aburna Gold Prospect as well at the other principal projects on licence.

The Company commenced the first phase drill program in December 2023. To date, 33 drillholes for 6,247 metres have been drilled at Central Area (13 drillholes), Hill 52 (11 drillholes) and Northeast Area (9 drillholes). Further assay results have been received from 16 of these 33 drillholes.