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Alphamin Resources Corp.

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Summary

Project:

Bisie

Deposit:Mpama North
Location:Democratic Republic Of Congo
Commodities:Tin
Date:2/3/2020
Report Code:NI43-101
Report Type:Resource Estimation
Project Stage:Active Mining & Production
Report details:3-2-2020: Alphamin Resources Corp. announces a Resource Estimation report for its Mpama North deposit at the Bisie project. Updated LOM plan for Mpama North Mine. MAURITIUS – February 3, 2020 – Alphamin Resources Corp. (AFM:TSXV, “Alphamin”, or the “Compa
Resources:(Reserve, P+P): 3.33Mt @ 4.01% Sn at Mpama North
CP/QP:[Overall Report]: Vaughn Duke (Sound Mining)
ABSTRACT:MAURITIUS – February 3, 2020 – Alphamin Resources Corp. (AFM:TSXV, “Alphamin”, or the “Company”) is pleased to provide the following operational update for the quarter ended December 2019. The Company is pleased to announce positive results from the updated Life of Mine (“LOM”) plan for its Mpama North Mine, including an updated Mineral Reserve Estimate incorporating the transition from Sub Level caving (“SLC”) to a Long Hole Stoping (“LHS”) mining method. The decision to transition from SLC to the LHS mining method was made to reduce safety and technical risks associated with SLC in the underground environment encountered at Mpama North. The Company appointed Sound Mining Solutions (“SMS”) to compile an Updated NI 43- 101 technical report, which is expected to be publicly filed shortly.

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