Announcement Date: | 2022-03-22 |
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Announcement Type: | Drilling Results |
Announcement Code: | NI43-101 |
Company name: | Alphamin Resources Corp. |
Project name: | Bisie |
Location: | Democratic Republic of the Congo |
Commodities: | Tin |
Highlight: | Drilling results incl. 14.4m @ 21.75% Sn from 432.2m |
Resources: | only available to subscribers |
CP/QP: | only available to subscribers |
Announcement summary: | 22 March 2022 – Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX, “Alphamin” or the “Company”), a producer of 4% of the world’s mined tin1 from its high-grade operation in the Democratic Republic of Congo, is pleased to announce drill results from its Bisie Tin Complex. By mid-March 2022, 33,556 metres and an additional 47 drillholes outside of the maiden resource had been completed. This additional ~10,000 metres of expansionary drilling and ongoing infill drilling will be progressively included in Mineral Resource estimation update exercises as assays are received on each batch every 4-8 weeks. The first update to the maiden Mineral Resource will include 23 additional drillholes comprising the results in this release. The first resource update may be as soon as end March/ early April 2022. Mineralisation still remains open in multiple directions at Mpama South and management are confident in the development project’s on-going growth prospects. |
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