MAURITIUS â May 26, 2021 â Alphamin Resources Corporation (AFM:TSXV, âAlphaminâ, or the
âCompanyâ) wishes to express its sincere condolences to the people of Goma following the loss of
life and damage caused by the eruption of the Nyiragongo volcano adjacent to the city of Goma.
The Companyâs Bisie tin mine is located some 200km to the West of the city of Goma with
established import and export routes via Beni (350km north of Goma) in the DRC, through Uganda
and ultimately Kenya. These routes do not transverse via Goma and the export route is currently
unaffected by lava flows. The Company does operate a small support office in the city of Goma and
Figure 1: Zone of massive visual Cassiterite in BGH030-10.6 metres @4.85% Sn
Figure 2: Mpama South long section and potential new high-grade payshoot
Alphamin Resources Corp, producer of 4% of the world’s mined tin, provides initial assay results and exploration updates on its drill programme in Mpama South.
Alphamin Resources Corp (TSX:AFM)
These drill results are very encouraging for the Mpama South Prospect and exceeded our expectations. Mineralisation within the Main and Footwall Zones point to another high-grade deposit.” Maritz Smith, CEO Alphamin ResourcesLA CROISETTE, GRAND BAIE , MAURITIUS, May 17, 2021 /EINPresswire.com/ Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX, “Alphamin” or the “Company”), a producer of 4% of the world’s mined tin from its high-grade operation in the Democratic Republic of Congo, is pleased to provide initial assay results and an exploration update on its Mpama South Exploration Drilling programme.
BGH025:
Newly discovered footwall mineralised zone
2
BGH034
BGH022:
BGH030:
Chief Executive Officer, Maritz Smith comments:
“These drill results are very encouraging for the Mpama South Prospect and exceeded our expectations. Mineralisation within the Main and Footwall Zones point to another high-grade deposit. We are encouraged by the Mineral Resource expansion potential within our mining permit, and our view that the 13km long Bisie Ridge hosts multiple high-grade mineralised systems continue to be reinforced by these results. This brings us closer to realising our vision of becoming one of the world’s largest long-life tin producers.”
Exploration Strategy for 2021
Alphamin’s exploration initiative aims to extend the life-of-mine at its currently producing Mpama North mine, to declare a maiden mineral resource for the Mpama South Prospect (located 750 metres on strike from Mpama North mine) as well as to discover at least one additional deposit on the highly pr
BGH025:
Newly discovered footwall mineralised zone
2
BGH034
BGH022:
BGH030:
Chief Executive Officer, Maritz Smith comments:
“These drill results are very encouraging for the Mpama South Prospect and exceeded our expectations. Mineralisation within the Main and Footwall Zones point to another high-grade deposit. We are encouraged by the Mineral Resource expansion potential within our mining permit, and our view that the 13km long Bisie Ridge hosts multiple high-grade mineralised systems continue to be reinforced by these results. This brings us closer to realising our vision of becoming one of the world’s largest long-life tin producers.”
Exploration Strategy for 2021
Alphamin’s exploration initiative aims to extend the life-of-mine at its currently producing Mpama North mine, to declare a maiden mineral resource for the Mpama South Prospect (located 750 metres on strike from Mpama North mine) as well as to discover at least one additional deposit on the highly pr