Alpha drills 7 m at 7.09 g/t Au within 19 m at 3.18 g/t Au, Aburna

Calgary, Alberta--(Newsfile Corp. - October 6, 2026) - Alpha Exploration Ltd. (TSXV: ALEX) ("Alpha" or the "Company") is pleased to announce a second batch of results from its ongoing exploration drilling programme at the Aburna Gold Project.

These new results relate to a total of 2,350.20 metres ("m"), including both core and reverse-circulation ("RC") drilling, completed largely at the Northeast prospect expansion area, with additional first-pass RC drill testing of the Far Southwest and IP targets. All the drilling is located within the highly prospective but under-explored Aburna corridor. In this gold corridor, Alpha has already discovered the Hill 52, Central, Northeast and Obok prospects, which host numerous shallow, high-grade gold intercepts.

HIGHLIGHTS of 2026 NORTHEAST PROSPECT DRILLING RESULTS TO DATE

ABD031: 19.00 m grading 3.18 grams per tonnes ("g/t") gold Including: 7.00 m grading 7.09 g/t gold

ABD033: 12.00 m grading 1.53 g/t gold Including : 8.00 m grading 2.22 g/t gold

ABD034: 13.00 m grading 1.53 g/t gold Including : 6.00 m grading 3.01 g/t gold

These drill intercepts have increased the footprint of the gold mineralization at the Northeast prospect and indicate its strong potential for additional expansion

FURTHER HIGHLIGHTS from 2026 GREATER ABURNA CORRIDOR EXPLORATION DRILLING RESULTS TO DATE

ABR213: 8.00 m grading 0.64 g/t gold Including : 4.00 m grading 0.81 g/t gold

Far Southwest ("FSW") target returns gold mineralized intercept some 1.7 kilometres ("km") along trend from Hill 52 prospect

The Aburna Gold Project is located within Alpha's 100% owned, 514 km² Kerkasha Project located in Eritrea. To date, only approximately 20 percent of the Aburna corridor, as defined by gold-in-soil anomalies, reconnaissance rotary air blast ("RAB") drilling in areas of immature, transported soil, and permissive geol