Alpha Exploration Limited PAGE 1 ALPHA EXPLORATION ANNOUNCES RESIGNATION OF OFFICER AND DIRECTOR
September 29, 2023
Calgary, AB – Alpha Exploration Ltd. (“Alpha” or the “Company”) (TSXV: ALEX) announces that Mr. Alasdair Smith has notified the Company that for personal reasons, he will be resigning from his position as Technical Director and Director of the board of directors of Alpha (the “Board”) as of September 30, 2023. Concurrent with his departure from the board Mr. Smith has agreed to join the Alpha Advisory Board and in this position, he will provide technical assistance and oversight to the Alpha Board and management as requested. Alpha would like to sincerely thank Mr. Smith for his valuable services to the Company since inception.
Michael Hopley, Alpha’s President and CEO said “Alasdair was instrumental in establishing Alpha back in 2018 and was the driving force behind selecting the Kerkasha licence and building the team that has delivered consistent exploration success across the project. The Alpha team owe him a debt of gratitude for his dedication and commitment to the Company. Fundamentally, Alasdair managed the initial exploration work that led to the discovery of Alpha’s three key Alpha flagship properties – the district scale Aburna Gold Prospect, the Anagulu Gold-Copper Prospect and the Tolegimja Copper-Zinc-Gold VMS Prospect.
I and all of the team are delighted that Alasdair’s wisdom and insights will still be available to Alpha through his joining of the advisory board. On the ground, the baton will now pass to Scott McKeag and his very capable team to further rapidly advance these exciting discoveries along the development pathway.”
For more information concerning the Corporation, please refer to the Corporation's profile on the SEDAR Plus website at www.sedarplus.ca.
About Alpha
Alpha (TSX-V:ALEX) is an exploration company that is rapidly advancing a number of important gold and base metal discoveries across its 100% owned, large (771 km2) Kerkasha Project in Eritrea.
The Aburna Gold Prospect is an exciting new gold discovery where recent drilling has established a high grade discovery with grades including 16m @ 14.07g/t Au and 23m @ 6.74 g/t Au. The Anagulu Gold-Copper Prospect includes recent drilling intersections of 108m @ 1.24 g/t Au & 0.60% Cu & and 49m @ 2.42 g/t Au & 1.10% Cu within a major porphyry unit mapped over at least 2km. The Company has also advanced the Tolegimja VMS Copper-Zinc- Gold Prospect and over 17 other gold prospects since listing in 2021.
The Company is managed by a group of highly experienced and successful professionals with long track records of establishing, building and successfully exiting a number of world class gold and base metals discoveries in Eritrea and across the wider Arabian Nubian Shield.
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For further information go to the Alpha webpage at www.alpha-exploration.com or contact:
Michael Hopley
President and Chief Executive Officer
Alpha Exploration Ltd.
Email: [email protected]
Tel: +44 207129 1148
Cautionary Notes This press release is intended for distribution in Canada only and is not intended for distribution to United States newswire services or dissemination in the United States.
Forward‐Looking Statements
Certain statements and information herein, including all statements that are not historical facts, contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the timing of Mr. Smith’s resignation as an officer and director of the Company and his appointment to the advisory board of the Company. Often, but not always, forward-looking statements or information can be identified using words such as “estimate”, “project”, “belief”, “anticipate”, “intend”, “expect”, “plan”, “predict”, “may” or “should” and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. With respect to forward-looking statements and information contained herein, Alpha has made numerous assumptions including among other things, assumptions with respect to the timing of Mr. Smith’s resignation and his role on the advisory board of the Company. Although management of Alpha believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Alpha does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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