Alphamin Resources is pleased to announce results from three additional holes and one redrill on its wholly owned Bisie Tin Project (Bisie Project) in east central Democratic Republic of Congo (DRC). Drilling continued to identify significant grades and widths of tin mineralisation at Bisie. Results from BGC003 and BGH003, 4 and 4A are shown in Tables 1 and in Figure 1. Drill hole BGH003 drilled 100m north of BGH001 [...]
Alphamin is pleased to announce that it has transferred the "Aurora" concessions in the area of Coyuca de Catalán, Guerrero State, to Cigma Metals. In March 2010 the Company signed an agreement with Cigma regarding the sale and transfer by the Company of a 100% interest in the "Aurora" concessions in consideration for US$150,000 and 1,000,000 common shares of Cigma. In addition, the Company retained a 1.5% Net Smelter [...]
Alphamin is pleased to announce results from the first four diamond drill holes completed on its wholly owned Bisie Tin Project (Bisie Project) in east central Democratic Republic of Congo (DRC). Drilling identified significant grades and widths of tin mineralisation at Bisie and also discovered high grade silver, zinc and lead mineralisation.
Alphamin is pleased to announce that, subject only to the completion of certain mechanical closing matters in the Democratic Republic of the Congo, it has closed the acquisition of the remaining 30% of Mining and Processing Congo, the company that is the registered owner of the Bisie Tin Project, by its British Virgin Islands subsidiary as previously described in its news release of July 24, 2012.
Alphamin is pleased to announce that it and its British Virgin Islands subsidiary have exercised their option under their agreement with Kivu Resources, dated March 18, 2011 as amended, to acquire an additional 20% of Mining and Processing Congo, the company that is the registered owner of the licences covering the Bisie Tin Project in the Democratic Republic of the Congo, by the issuance of 19,335,747 Alphamin shares [...]
Alphamin wishes to announce that it has closed the acquisition of two permits surrounding the historic Manono Mine in Katanga Province in the Democratic Republic of the Congo. In consideration for acquiring the permits, Alphamin paid US$2 million in cash and issued 6,100,000 shares. The shares are subject to a hold period expiring on November 12, 2012.
Alphamin is pleased to announce that it has commenced drilling on its Bisie Tin Project in the North Kivu Province, Democratic Republic of the Congo. An initial drilling program of 2,800 metres is planned to test the two main zones worked extensively by artisanal miners roughly 100m vertically below surface. Holes will cover 700m of delineated tin mineralisation.
Alphamin is pleased to announce that it has received all mandatory permits from Authority of Civil Aviation allowing the contracted helicopter to operate throughout the North Kivu Province, Democratic Republic of the Congo. The Company now plans to commence with a 2,800m diamond drilling programme to test tin mineralisation below the extensive artisanal workings on Bisie Tin Project ("Bisie"). Tin was discovered at Bisie [...]
Alphamin is pleased to announce that it has entered into an agreement to acquire two exploration permits surrounding the historic Manono Mine in Katanga Province in the Democratic Republic of the Congo. To acquire the permits, Alphamin will pay US$2 million in cash and issue 6,100,000 shares. The transaction is subject to various conditions including the approval of the TSX Venture Exchange.
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