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Alpha Exploration Ltd

ALEX.V Eritrea Early exploration only

Outstanding management

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Bagger potential

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Share price · USD

$0.248

0.350 CAD at 0.7089

FD shares
107.76M
FD market cap
$27.2M
Metals
GoldCopper
Country tier
Tier 3
Insider aligned
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Project grade
🔒
Resource size
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Optionality
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Resource

Gold (oz)
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Silver (oz)
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Copper (lb)
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Resource equivalent

Gold (oz)
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Silver (oz)
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Copper (lb)
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Scoring inputs

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RT scorecard

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Description

Alpha Exploration is a Canadian-listed junior explorer advancing the 100%-owned Kerkasha project, a large land package (approximately 514 km²) in Eritrea hosting both the Aburna gold district and the Anagulu copper-gold porphyry target. Recent drilling has returned high-grade gold intercepts, including 14.07 g/t gold over 16 metres and 15.33 g/t gold over 18 metres at Hill 52, alongside porphyry-style copper-gold results at Anagulu such as 108 metres at 0.60% copper and 1.24 g/t gold.

No NI 43-101 mineral resource estimate, PEA, PFS or DFS has yet been completed at either target, and the company remains firmly in the discovery and target-definition phase. A second copper-gold porphyry zone, Camel, was confirmed in 2026 roughly 1.25 kilometres long with an untested extension showing higher copper grades than the original discovery zone.

Weakness

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List of projects

1. Kerkasha Project (Aburna Gold District and Anagulu/Camel Copper-Gold Porphyry) — 100% interest, Eritrea; metals: Gold, Copper.

Deep dive series

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Track progress timeline

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Forecast share price

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Expected timeline to full production

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Company data last reviewed 27 Sep 2026. Price updated 19 Oct 2026 09:00.