Alpha Exploration appoints Wilton as full-time CEO

Executive Summary

• Alpha Exploration Ltd. announced the appointment of John Wilton as full-time CEO, succeeding interim CEO Tim Livesey.
• The company reported new positive results from shallow Rotary Air Blast (RAB) drilling at the Aburna gold project in Eritrea, indicating an expanding footprint of gold mineralization.
• The RAB program identified new target anomalies ranging from 0.26 g/t to 9.76 g/t gold, with 796 holes completed to date, supporting the potential for larger plunging shoots at depth.

Key Details

• CEO Appointment: John Wilton appointed as full-time CEO; Tim Livesey steps down as interim CEO but remains a director.
• Drilling Program Status: 796 RAB holes completed; final batch received end of September 2025.
• Target Footprints: New targets range from 125 to 450 metres along trend, situated between Central/Northeast prospects and northwest/west of Hill 52 prospect.
• RAB Assay Results:
  • Target anomalies range from 0.26 g/t to 9.76 g/t gold.
  • Entire dataset ranges from <0.004 g/t to 9.76 g/t gold.
  • Anomalies supported by samples >0.1 g/t and >0.25 g/t gold.
• Geological Interpretation: Results suggest immature/partially transported soil cover, allowing cost-effective testing of satellite targets and extensions. Targets may represent shallow expressions of larger plunging shoots/zones at depth.
• Future Plans: Company plans to complete infill RAB drilling lines to define targets for prioritization ahead of follow-up Reverse Circulation (RC) or core drilling.
• Previous High-Grade Intersections (Context):
  • Aburna: 18m at 15.33 g/t Au; 16m at 14.07 g/t Au; 9m at 10 g/t Au; 23m at 6.74 g/t Au.
  • Anagulu: 108m at 1.24 g/t Au and 0.60% Cu; 49m at 2.42 g/t Au and 1.10% Cu.
• QA/QC: Samples analyzed by Intertek Minerals Ltd. (Tarkwa, Ghana). Fire assay (FA) and atomic absorption spectroscopy (AAS) finish. QA/QC samples inserted every 20th field sample.
• Qualified Person: Chris Bargmann, CGeol, FGS, reviewed and approved technical data.

Notable Quotes

• Michael Hopley, Chairman: "John's specific experience in running teams, from cost-effective grassroots discovery through resource building and into mine development scoping and feasibility studies, will add significant further shareholder value to the company's advancing gold and base metal exploration projects."
• John Wilton, CEO: "It is very encouraging that the team... has been able to deliver several new compelling gold targets at Aburna. These targets represent both potential extensions and satellite targets to the drilled Aburna project gold mineralization."