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Alphamin Resources Corp. V.AFM

Alternate Symbol(s):  AFMJF

Alphamin Resources Corp. is a Mauritius-based company, which is engaged in the production and sale of tin concentrate from the Bisie Tin mine in the Democratic Republic of the Congo (DRC). The Company sells its product to one customer, Gerald Metals SA. The Company’s Mpama South development project is adjacent to the producing Mpama North mine and comprises a new underground development portal, processing plant and associated equipment. The Company has developed and brought the Bisie Tin Mine project in production. The Company’s subsidiaries include Alphamin Bisie Mining SA, Alphamin South Africa (Pty) Limited, Alphamin Holdings (BVI) Ltd, and Alphamin Holdings (BVI) Ltd.


TSXV:AFM - Post by User

Post by GoldenIdleon Jul 30, 2021 4:29pm
96 Views
Post# 33633486

More drill rigs coming….

More drill rigs coming….

to drill the High Grade Tin !!


Mpama North Commencement of Drilling

On the 2nd of July 2021, Alphamin commenced drilling on the down dip northern strike extension of the Mpama North orebody. The drilling program will be supplemented by additional contractor rigs and intends to delineate the large extension potential for the current Life of Mine. The initial program entails up to 15,350m in 22 diamond drillholes up to a length of 900m and finishing by the end of February 2022. The previous deepest drill fence of the 2016 Mpama North drilling campaign was also the best to-date4 and returned results, including:

  • BGC166: 16.01m @ 22.5% Sn,
  • BGC141: 13.95m @ 3.47% Sn, and
  • BGC140: 13.60m @ 7.59% Sn.
And $.84 close , right on !
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