Alphamin announces US$10 million investment by IDC

TSX-V listed Alphamin Resources Corp. has announced an agreed investment worth up to US$ 10 M by the Industrial Development Corporation of South Africa Ltd. (IDC) in return for a 14.25% equity stake in Alphamin DR, the companies subsidiary in the Democratic Republic...

Bisie resource estimate boosted

Canadian listed Alphamin Resources Corp (AFM: TSXV) has announced a 30% increase of its Indicated Mineral Resources to 3.94 Mt of ore at 3.94% Sn, or 155,300 tonnes of contained tin, at the Mpama North target of the company’s Bisie Tin Project in North Kivu,...

Drilling at Bisie continues to show promise

Canadian listed Alphamin Resources Corp (AFM: TSXV) has reported positive results from infill drilling at its Mpama North prospect and drilling of the company’s new discovery, The Wedge, both part of its Bisie Tin Project in DR Congo. Ten additional drill holes in The...

Formalisation prospects for DRC tin production

Recent presentations at the 2015 ITRI China International Tin Forum in Shanghai by Mining Mineral Resources (MMR) and TSX-V listed Alphamin Resources Corp., who both have active tin projects in DR Congo, have highlighted the potential for the ongoing formalisation of...

Alphamin reports updated mineral resource for Bisie

Canadian listed, Alphamin Resources Corp. (TSX-V: AFM) has released an updated, JORC compliant mineral resource for the Mpama North deposit, part of its Bisie tin project in North Kivu, DRC. Indicated resources total 2.65 Mt at 4.49% Sn, equal to 119,240 tonnes of...

Alphamin reports planned share offering

TSXV listed Alphamin Resources Corp. has announced plans for a non-brokered private placement to raise C$15 million. Insiders at Alphamin are expected to subscribe to C$12.25 million of the placement, the proceeds from which will provide working capital and funding...

High grades drilled amid uncertainty at Bisie

Promising results of a deep drilling program at the Bisie tin prospect in east-central Democratic Republic of the Congo (DRC) have recorded 25m of 7.98% Sn. However, uncertainty still remains regarding the future of artisanal miners in the area despite the validation...

Alphamin resumes drilling at Bisie

Alphamin Resources has recommenced drilling at its Bisie tin prospect following assurances from the Democratic Republic of Congo government over security. An incident in July had resulted in all staff being evacuated from the site. Bisie and the surrounding Walikale...

Alphamin reports first deep drilling results at Bisie

Alphamin Resources has announced the first results of a programme begun in February to explore deeper tin mineralisation at its Bisie project in North Kivu, DR Congo. Metallurgical and deep drilling is ongoing using two rigs at the Mpama North prospect. Results...

Alphamin drills deeper at Bisie

Alphamin Resources has commenced deep diamond drilling on the Mpama North target on its wholly owned Bisie tin prospect in east-central Democratic Republic of Congo. Two rigs are being used to both test continuity of mineralisation down to 400 metres below surface and...