Alpha Expands the Footprint of the Anagulu Copper-Gold Porphyry and New Camel Target Zone Measures at Least 1 x 0.25km

Alpha announced shallow rotary‑air‑blast (RAB), core and reverse‑circulation (RC) drilling results from its Anagulu copper‑gold porphyry in Eritrea.
- A new “Camel” target zone extends ≥1 km along strike, 250 m wide, with copper grades up to 1,358 ppm (≈0.14 % Cu).
- Core hole ANRD041 intersected 25 m @ 0.55 % Cu & 0.16 g/t Au (including higher‑grade sub‑intervals); ANRD047 returned 22 m @ 0.37 % Cu & 0.10 g/t Au.
- Combined drilling expands the known mineralised envelope to roughly 4 km × 2 km, with several additional copper‑rich zones open for testing in Q2‑Q3 2026.
- QA/QC was performed by Intertek Minerals (Tarkwa, Ghana) and independent prep by NABRO (Asmara).

The Camel zone is a new, separate target within the Anagulu system, confirming that the porphyry’s footprint is larger than previously modelled.
- The grades are modest for copper‑gold porphyries but the width and continuity improve the project’s scale narrative.
- Compared with earlier releases (Feb 2026 120 m @ 0.30 % Cu & 0.47 g/t Au; Feb 2024 core intercepts), this result is incremental – it does not dramatically raise the resource potential but validates the exploration model and keeps momentum alive.
- No immediate change to financing or capital structure, so the news is routine‑positive: it supports existing expectations without overturning them.

Alpha Exploration focuses on a 514 km² Kerkasha concession in Eritrea (Arabian Nubian Shield).
- Flagship assets:
- Aburna Orogenic Gold Prospect – district‑scale gold system (7.2 km × 2 km) with historic high‑grade intercepts (>15 g/t Au).
- Anagulu Copper‑Gold Porphyry – regionally significant porphyry, now expanded to ~4 km × 2 km after the Camel discovery.
- Tolegimja VMS prospect and Kosolda gold prospect are at earlier stages.