WELCOME TO Alpha Exploration

About us

Alpha (TSX-V:ALEX) is an exploration company that is rapidly advancing a number of important gold and base metal discoveries across its 100% owned, large (771 km2) Kerkasha Project in Eritrea.

The Aburna Gold Prospect is an exciting new gold discovery covering a very large 7.2km x 2km footprint where recent drilling has established a high-grade discovery with grades including 18m @ 15.33 g/t Au, 49m @ 2.75 g/t Au, 16 m @ 14.07 g/t Au, 9 m @ 10 g/t Au and 23 m @ 6.74 g/t Au. The Anagulu Gold-Copper Prospect includes recent drilling intersections of 108 m @ 1.24 g/t Au and 0.60% Cu and 49 m @ 2.42 g/t Au and 1.10% Cu within a porphyry unit mapped over at a >2 km strike length.  The Company is also advancing exploration of the Tolegimja volcanogenic massive sulphide copper-zinc-gold prospect and over 17 other gold and base metal prospects since listing in 2021.

The Company is managed by a group of highly experienced and successful mining professionals with long track records of establishing, building and successfully exiting a number of world class gold and base metal discoveries in Eritrea and across the wider Arabian Nubian Shield.

Why Choose the Arabian Nubian Shield?

Arabian-Nubian Shield
  • +1,000 recorded ancient copper and gold mines.
  • +6,000 Prospects and Occurrences.
  • Only a handful are currently in production or, under development for mining.
  • Multiple deposit styles already demonstrated (Porphyry, Orogenic, VMS, Epithermal).
Comparison to Canadian & Australian Shields
  • The Canadian and Australian ‘Shields’ host a number of world class ‘mining camps’ of varying mineral types (base metals, precious metals, diamonds, uranium, rare earth elements)
  • This implies the Arabian-Nubian Shield (ANS) is under explored and has many world class discoveries to be made.


Why Invest in Alpha Exploration?
  • A 771km² License area with multiple Colonial Gold Mines and areas of recent Artisanal mining.
  • The Alpha exploration programme is managed by an experienced team that has made discoveries and developed Projects (through to granting of a mining license) in Eritrea.
  • The group also has an extensive network of contacts in the wider Arabian-Nubian Shield.
  • The Alpha exploration programme is supported by pre-eminent Consultants using ‘cutting edge’ Machine Learning technology. Alpha identified the ‘virgin’ Anagulu, Tolegimja and Kona West Prospects within the first year of commencing field operations in April 2018. The discovery drill-hole at Anagulu occurred in January 2020.

Board of Directors – Alpha Exploration


Michael Hopley

President, Chief Executive Officer and Director
  • BSc, Geology. University of London (1970), Member of American Institute of Professional Geologists:
  • +40 years of international experience – Has held Executive & Board positions with Gold Fields Mining, Bema Gold Corp, Arizona Star, & Tournigan Energy. From 2004-2016, President & CEO of Sunridge Gold Corp that owned the Asmara Project (Eritrea). Sunridge discovered the 80 million tonne Emba Derho copper-zinc-gold VMS deposit.



  • Bachelors of Commerce degree in Economics and Marketing from Canterbury University, New Zealand:
  • COO of Hemera Capital Management LLP. 11 years with Morgan Stanley and Goldman Sachs working across a broad range of product lines including equities, fixed income & structured finance operations.


Dr John Clarke

Independent Non – Executive Director
  • B.Sc. (Metallurgy) University College Cardiff, Ph.D. (Metallurgy) Cambridge University, MBA Middlesex Polytechnic.
  • Experience includes mine management, exploration, corporate acquisition & Mine development. Worked in Smelting & Mining operations and has been a Director of several companies which have had exploration, development and mining activities in Africa. Executive Director in charge of Business development for Ashanti Goldfields. President and CEO for Nevsun Resources, taking the Company in to Eritrea and the discovery of the Bisha Mine.


Anna Nydegger

 Independent Non – Executive Director 
  • Masters in Law (Banking Finance) University of Geneva (2006) & completed STEP diploma in 2009.
  • Managing Director of the NWT Group in Switzerland, a Geneva based Trust, Corporate and Wealth Management Advisory Group. Over the past 13 years at NWT, Ms. Nydegger has been actively involved with client entities in corporate development often servicing as a board member. Ms. Nydegger brings significant legal and corporate governance experience to Alpha.



Michael Hopley

President, Chief Executive Officer and Director
  • BSc (Geology), London University, Member of American Institute of Professional Geologists:
  • More than 40 years of international experience, has held Executive & Board positions with companies such as Gold Fields Mining, Bema Gold Corp, Arizona Star, Tournigan Gold Corp, European Uranium, Sun Peak Metals and Azarga Metals Corp.
  • Between 2004 & 2016 Michael was President and CEO of Sunridge Gold Corp (TSX listed) that owned the Asmara Project in Eritrea.
  • Sunridge discovered the 80 million tonne Emba Derho copper-zinc-gold VMS deposit, completed a bankable feasibility study on four deposits & sold the project to a large Chinese company in 2016.


Alasdair Smith

Co-founder & technical advisor
  • BSc (Geology), Victoria University, New Zealand (1982), Member AusIMM:
  • More than 30 years’ experience as a Geologist in Australia and Africa.
  • Discoveries:
    • Australia: Jundee NW & Main Zone Au deposits, Enterprise ISCG deposit
    • Guinea:Boukaria Au deposit
    • Eritrea: Zara Au deposit.
  • Developments:
    • Australia: Banderol, Highway, Butcherbird, Kingfisher, Mystery, Culculli Au deposits & Jundee Au Mine.
    • Guinea: Siguiri Au Mine.
    • Tanzania: Buzwagi Au-Cu Mine & Nyamulilima Hill &, Nyanzaga Au deposits.
    • Eritrea: Zara Au Mine, Debarwa & Adi Nefas VMS deposits & Gupo Au deposit.



  • BSc Honours (Geology), Addis Ababa University (1985), MSc, Indian Institute of Technology – Kharagpur (1987-1988).
  • +30 years’ experience with Mineral Exploration companies & the Geological Surveys of Ethiopia & Eritrea. Tewelde has worked in the Adola gold belt in Ethiopia and the Koka gold field in Eritrea (Zara gold mine) and has been a lecturer at Asmara University.



  • BSc (Earth Science), California Polytechnic University-Pomona (1982), MSc (Geology), University of Otago, New Zealand (1987).
  • +30 years’ experience as a Geologist in Nth America, Middle East, Africa & Oceana. Instrumental in discoveries & developments that resulted in mines, including; Morningstar Mine in California, Simberi Mine in PNG, Macrae’s Mine in Otago. Designed the exploration drill program that led to the discovery of Jebel Ohier porphyry copper gold deposit , Sudan (2013-2017).



  • Ph.D. Victoria University of Wellington, New Zealand (2011), Member AusIMM.
  • Currently examining ways to utilise machine learning & data analytics to enhance interpretation of datasets. Previously, a Senior Research Scientist at CSIRO Mineral Resources where he conducted research projects on a wide range of deposits in the Philippines, New Zealand, Australia, Chile, and the USA. Michael was also an underground Geologist at Plutonic Gold Mine Barrick Australia where he developed portable X-ray fluorescence (pXRF) best practice to gain geological insights into mineral deposits

Denitsa Doncheva wb


  • Bachelor of Business Administration (Accounting with Distinction) Simon Fraser University & CPA designation in 2019.
  • Ms. Doncheva is an employee of Malaspina Consultants, n this role she provides CFO, assistant CFO and Controller services to a number of companies. She will be responsible for preparing consolidated financial statements, MD&A and period-end board reporting packages for Alpha. Prior to joining Malaspina in 2019, Denitsa spent three years working at Manning Elliott LLP where she specialized in providing assurance services to publicly listed companies from various industries.



  • BSc (Econ), Economics & Philosophy, London School of Economics.
  • 35 years global experience in minerals industry & economist by training. CEO of ASTOR Group, a private investment & advisory business, working in Mining, Tech, Biotech and Real Estate. Many years in commodity trading, mining, owning buying and selling companies over 30 years. Director of several companies, both public and private in executive and non-executive roles. Devotes significant time to non-profit activities in the fields of education and healthcare. Most recently, Mr. Mehra was Executive Chairman of GT Gold, a company he founded and sold to Newmont Corporation.

Investor presentation




Listed Issuer Financing Document 24 July 2024

Listed Issuer Financing Document – July 2024 (Alpha)

Updated News Release LIFE Offering

News Release – LIFE Offering

News Release – LIFE Offering 16 July 2024

News Release – LIFE Offering 16 July 2024


June 11 2024_ Alpha Exploration Update