Thursday, May 29, 2025

Latest

Gold Rush: From Eritrea to Saudi Arabia with Matthew Grainger of Alpha Exploration

At the Rule Symposium of Natural Resource Investing in Boca Raton, Florida, Matthew Grainger from Alpha Exploration Ltd. (TSXV: ALEX) provided insights into the company’s operations and strategic plans.

Grainger focused on Alpha Exploration’s activities in Eritrea, a small African nation with significant untapped mineral potential. He highlighted two key projects in the company’s portfolio: a large gold system named Burner and a promising copper-gold porphyry prospect. Grainger emphasized the company’s experienced leadership team, noting their familiarity with operating in Eritrea’s unique business environment.

Looking ahead to 2024, Grainger outlined an ambitious exploration program. This includes plans for 20,000 meters of drilling at the Burner gold project and an additional 2,000 meters at the porphyry prospect. These extensive drilling campaigns underscore Alpha’s commitment to rapidly advancing their projects and potentially expanding their resource base.

Grainger also touched on the company’s interest in expanding its operations into Saudi Arabia, indicating a strategy for regional growth and diversification.

Grainger emphasized the untapped potential of the region where Alpha operates. He drew an intriguing comparison to early-stage exploration in well-known mining jurisdictions like Nevada or California, suggesting that Eritrea could offer similar opportunities for significant discoveries.


Not a recommendation to buy or sell securities. Always do additional research and consult a professional before purchasing a security. The Deep Dive and its affiliates hold no licenses.

Leave a Reply

Video Articles

How To Profit From $3300 Gold? An Inside Look At A Massive 300,000 Oz Project | Martino De Ciccio

We’re At The Start of a Great Silver Boom | Ross McElroy & Andy Bowering – Apollo Silver Corp

Equinox Gold Q1 Earnings: When Everything Goes Wrong

Recommended

Sterling Metals Hits 0.21% Copper Over 482.8 Metres In First Drilling At Soo Copper project

First Majestic Makes Second Major Discovery At Santa Elena In Just A Year

Related News

Monterey Minerals Closes Oversubscribed $1.6 Million Financing

Monterey Minerals (CSE: MREY) has closed its long awaited non-brokered private placement, raising gross proceeds...

Tuesday, July 28, 2020, 05:32:52 PM

Spotlight Series: Riverside Resources With CEO John-Mark Staude

Riverside Resources, listed on the TSX Venture exchange under the symbol “RRI”, is a unique...

Saturday, August 15, 2020, 10:00:00 AM

373 g/t Gold: Highest Surface Grab Sample Ever Reported in Red Lake? | Koby Kushner – Athena Gold

In this interview from the Red Cloud 2025 Mining Conference, Athena Gold Corp. (TSXV: ATHA)...
Wednesday, March 5, 2025, 03:38:00 PM

Kirkland Lake Gold Discontinues Automatic Share Purchase Program

Kirkland Lake Gold (TSX: KL) appears to be in capital preservation mode following the merger...

Wednesday, September 29, 2021, 08:34:50 AM

Saudi Arabia Eyes Canadian Mining Sector Despite Foreign Investment Rules

Saudi Arabia’s Minister of Industry and Mineral Resources, Bandar Alkhorayef, recently expressed confidence that the...

Wednesday, October 2, 2024, 02:13:00 PM