Investor Presentaiton
Key Highlights
4
Large License (1,028km²) in Eritrea with excellent location in the highly prospective Arabian-Nubian Shield,
known for hosting:
Orogenic Au deposits (e.g. Sukari & Zara Gold Mines & Orca Gold Mining Project)
➤ Volcanogenic massive sulphide (VMS) Cu-Pb-Zn-Au deposits (e.g. Bisha and Hassai Mines & Asmara
Mining Project)
Shear-hosted Au-Cu-Ag deposits (e.g. Anagulu)
Porphyry Cu-Au deposits (e.g. Jebel O'hier deposit)
Experienced management & technical personnel. Programme execution innovative, effective, cost efficient.
ANAGULU GOLD-COPPER DISCOVERY - virgin discovery by Alpha Geologists - made within 2 months of
commencing exploration.
•
49m @2.42 g/t Au & 1.10% Cu & 6.83g/t Ag ( 80 - 129m in DD Hole AND001)
Anagulu discovery hole - (Au+Cu) Au Equivalent
7m @ 12.39 g/t Au & 0.05% Cu & 0.51g/t Ag
93m @ 0.48 g/t Au & 0.27% Cu & 1.27g/t Ag
52m @ 0.72 g/t Au & 0.46% Cu & 2.14g/t Ag
7m @ 3.44 g/t Au & 0.25% Cu & 1.37g/t Ag
of 3.37g/t - Assay details in table to the right
(151 - 158m in RC Hole ANR016)
( 3- 96m in RC Hole ANR017)
( 48 - 100m in RC Hole ANR029)
( 94-101m in RC Hole ANR024)
IP-Resistivity survey at Anagulu identifies 3.5km chargeability anomaly below current drilling that is
untested with drilling to date
KOSOLDA GOLD PROSPECT - large Artisanal in-situ and alluvial gold workings over 3 km. Strong gold assays
returned from rock chip & channel sampling... mineralisation open in both directions.
Kerkasha hosts 4 Colonial Gold Mines & 7 areas of Artisanal Gold Workings.
Alpha covered the entire property with soil sampling in the first 8 months of operations and discovered
8 new prospects
4 Prospects drilled to date with more Prospects to test in 2020.
ALPHA
EXPLORATION
From To
Au
Cu
Ag
Chalcopyrite Pyrite
Hole
(m) (m)
(ppm)
(%)
(ppm)
(%)
(%)
80 81
1.92
0.70%
2.62
4
0
81 82
2.91
1.23%
4.88
5
0
82 83
0.91
0.78%
3.99
4
2
83 84
1.68
0.79%
4.43
4
2
84 85
1.63
0.62%
3.20
6
2
85 86
4.29
0.99%
4.87
7
0
86 87
1.60
1.11%
6.11
7
2
87 88
1.19
0.84%
3.42
9
2
88 89
1.69
0.84%
3.78
6
0
89 90
1.69
0.98%
4.17
7
0
90 91
2.41
0.65%
2.97
6
0
91 92
3.73
1.12%
5.88
8
0
92 93
2.59
1.48%
6.31
8
8
93 94
2.15
1.15%
14.70
8
0
94 95
1.69
0.74% 10.70
8
2
95 96
3.30
0.79%
10.85
8
<1
96 97 4.02
1.22%
10.60
8
0
97 98 3.96
98 99 3.09
99 100 1.52
1.12%
4.77
8
0
1.07%
5.94
8
2
0.66%
2.53
8
0
100 101 2.59
0.79%
5.33
6
0
101 102 1.59
0.60%
2.76
6
<1
AND001
102 103 2.04
103 104 2.63
104 105 6.13
105 106 0.49
106 107 0.53
107 108 0.79
0.76%
3.04
6
0
1.79%
6.35
12
0
5.68%
23.60
15
0
0.62%
3.22
10
0
2.54%
10.25
15
0
1.24%
4.80
4
0
108 109
0.54
0.89%
3.66
6
0
109 110
0.63
0.59%
2.59
6
0
110 111
1.04
1.06%
4.67
6
0
111 112 1.76
1.58%
6.24
6
0
112 113 2.43
0.94%
4.47
7
0
113 114 3.38
1.06%
5.37
6
0
114 115 2.07
1.03%
7.01
6
0
115 116 4.51
116 117 4.63
117 118 3.80.
118 119 2.17
119 120 2.04
120 121 1.26
121 122 1.60
1.08%
8.41
6
0
0.95%
5.45
8
0
0.79%
10.55
6
0
0.58%
8.54
6
0
0.86%
7.58
6
0
0.75%
3.94
7
0
0.52%
2.49
8
0
122 123
3.32
0.98%
18.70
8
0
123 124 5.04
124 125
125 126
1.39%
12.00
8
0
5.60
1.72%
27.10
8
0
3.59
1.89%
8.32
8
0
126 127
2.06
1.06%
6.83
4
0
127 128 1.27
0.49%
2.29
4
0
128 129 1.11
0.66%
2.62
3
2View entire presentation