- Alphamin Resources (AFM) is releasing assay results from its Bisie Tin Complex
- Results from the Mpama South target included one intercept of 22.7 metres at 3.12 percent tin from 391.6 metres
- The complex is located in the Democratic Republic of Congo
- Resource definition drilling commenced on the project in December 2020 and a maiden Mineral Resource was announced effective February, 2022
- Alphamin Resources is down 3.04 percent, trading at $1.12 at 12:10 p.m. ET
Alphamin Resources (AFM) is releasing assay results from its Bisie Tin Complex.
The complex is located in the Democratic Republic of Congo.
The British Columbia-based natural resource company produces 4 percent of the world’s mined tin.
Results from the Mpama South target included one intercept of 22.7 metres at 3.12 percent tin from 391.6 metres, including 7.7 metres at 4.73 percent of tin.
Intercepts are reported as apparent widths and are not true widths.
Mpama South is the high-grade tin resource adjoining the southern end of Alphamin’s operating Mpama North mine.
Resource definition drilling commenced on the project in December 2020 and a maiden Mineral Resource was announced effective February, 2022.
The first resource update may be as soon as the end of March or early April. Mineralization still remains open in multiple directions at Mpama South and management are confident in the development project’s on-going growth prospects.
As of mid-March, 33,556 metres and an additional 47 drillholes outside of the maiden resource had been completed, with another 10,000 metres of drilling planned.
Alphamin Resources is down 3.04 percent, trading at $1.12 at 12:10 p.m. ET.
