Alpha Exploration (ALEX.V) released the final assay results of its 2024 drill program on the Aburna gold prospect last month. The final update consisted of assay results of 16 holes, which were designed to test the mineralization down plunge of the currently known mineralized lenses on the three main prospects at Aburna (Hill 52, Central Area and Northeast Area). Some of the highlights of the new holes are quite interesting. Not just the 4 meters of 5.94 g/t gold but 22 metes of 1.71 g/t and 5 meters at 11.03 g/t are very interesting as well.
The company recently closed a C$7M financing which puts it on solid financial footing to further drill-test the principal shoot down plunge while it will also provide a budget to advance exploration on other prospects on the greater Kerkasha license.
Disclosure: The author has no position in Alpha Exploration anymore. Please read the disclaimer.
