Business
Alphamin Resources: Bisie Tin Project C4 Commissioning Complete
GRAND BAIE, Mauritius, June 18, 2019 (GLOBE NEWSWIRE) -- Alphamin Resources Corp. (Alphamin) completed C4 Commissioning of its Bisie tin project Processing Plan
About this update from Alphamin Resources Corp.
[{"type":"text","content":" GRAND BAIE, Mauritius, June 18, 2019 (GLOBE NEWSWIRE) -- Alphamin Resources Corp. (Alphamin) completed C4 Commissioning of its Bisie tin project Processing Plant. C4 involves feeding the system with material, checking instrumentation calibration, process flows and individual equipment throughput and building up to instantaneous design throughput. A C4 certificate indicates that a unit or the entire system is complete and can operate with material. C5 is the final stage of the commissioning process. This is achieved when the facility has run at and held at full continuous production at nameplate capacity for a duration of 48 hours. Attaining C5 and the ramp up to nameplate capacity is taking longer than expected as aspects of the processing plant operations are refined and optimised. Concentrate produced during commissioning and the plant ramp up, are being delivered to Gerald Metals in Kampala. Gerald Metals have taken delivery of 96 tonnes of concentrate. A further 192 tonnes are on route to Kampala from Logu, Alphamin’s marshalling yard for tin exports where a further 240 tonnes are being cleared for export prior to departing for Kampala. Total production to date is 528 tons. Sound Mining Solutions are nearing completion of the revised mine design. Once complete the NI 43-101 will be updated. The Directorate General of Taxes have informed Alphamin VAT disbursements will be forthcoming. The Industrial Development Corporation (IDC) will be matching their pro rata share of the recent equity raised by Alphamin. Nameplate production is expected to be achieved during H2 2019. To avoid requiring any additional funding Alphamin requires break even production of circa 800 tonnes of concentrate per month, be achieved by during July 2019. FOR MORE INFORMATION, PLEASE CONTACT: Boris Kamstra Chief Executive Officer Alphamin Resources Corp. Tel: +230 269 4166E-mail: [email protected] Baie, Mauritius For more media information or interview requests, please contact the Stone teamon [email protected] or +2711 4470168 CAUTION REGARDING FORWARD LOOKING STATEMENTS Information in this news release that is not a statement of historical fact constitutes forward-looking information. Forward-looking statements contained herein include, without limitation, statements relating to the terms and...