Alpha expands Anagulu porphyry prospect, discovers Nightjar target 1 x 0.15 km

Calgary, Alberta--(Newsfile Corp. - June 24, 2026) - Alpha Exploration Ltd.  (TSXV: ALEX)  ("Alpha" or the "Company")  is pleased to announce recently available sampling results from shallow Rotary Air Blast ("RAB") drilling at the Anagulu Copper-Gold Porphyry Project. To date results are now available for a total of 4,738 metres of an ongoing RAB drilling program being conducted to follow up from initial termite mound sampling copper anomalies. The reconnaissance RAB drilling program is designed to expand and define the target footprint of the Anagulu Copper-Gold Porphyry where it is concealed under immature soil cover.

This new batch of results reported here relate to 2,609 metres in 335 holes with an average depth of 7.8 metres in the ongoing program. This project is located within its 100% owned, 514km² Kerkasha Project located in Eritrea. The Anagulu copper-gold porphyry was discovered by the Alpha team through surface sampling and mapping with follow-up drilling.

Previously reported drilled intercepts include 108 metres @ 1.24 g/t gold and 0.60% copper including 49 metres @ 2.42 g/t gold and 1.10% copper, and 120 metres @ 0.47 g/t gold and 0.30 % copper in drill holes AND001 and ANRD049 respectively. The project is located some 7 kilometres south of the Company's shallow, Aburna Gold Project and these projects are two of three significant discoveries made by the Alpha team on the Kerkasha licence. HIGHLIGHTS OF ONGOING ANAGULU COPPER-GOLD PORPHYRY RECONNAISSANCE RAB DRILLING Shallow RAB drilling delivers new Nightjar Target Zone measuring some 1 kilometre along trend and 125-150 metres in width with top of bedrock copper samples ranging from 3,390 parts per million (ppm) (0.33%) to 310 ppm copper Nightjar Target Zone is located some 2 kilometres northeast from the main area of drilled porphyry copper-gold mine