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Alphamin Resources Provides Mpama North and Mpama South Drilling Update
GRAND BAIE, Mauritius, Nov. 08, 2021 (GLOBE NEWSWIRE) -- Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX, “Alphamin” or the “Company”), a producer of 4% of the
About this update from Alphamin Resources Corp.
[{"type":"text","content":" GRAND BAIE, Mauritius, Nov. 08, 2021 (GLOBE NEWSWIRE) -- Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX, “Alphamin” or the “Company”), a producer of 4% of the world’s mined tin1 from its high-grade operation in the Democratic Republic of Congo, is pleased to announce drilling progress at its Mpama North mine and Mpama South deposit. HIGHLIGHTS Strike extension to the operating Mpama North mine identified from significant visual cassiterite drilling intercepts Further Mpama South high-grade assay results2 received, which include: BGH075: 14.4 metres @ 3.2% Sn from 115.4 metres BGH074: 18.4 metres @ 2.2% Sn from 278.9 metres BGH066: 2.6 metres @ 8.5% Sn from 276.0 metres BGH067: 4.7 metres @ 3.2% Sn from 295.8 metres BGH070: 5.4 metres @ 3.0% Sn from 331.0 metres BGH072: 5.1 metres @ 2.7% Sn from 274.6 metres and 4.4 metres @ 3.6% Sn from 290.4 metres Mpama South drilling intercepts are now within 200m of the Mpama North orebody Indications are that Mpama South and Mpama North was one zone of high-grade tin mineralisation offset and displaced by a fault Potential for synergies and fast-tracking of underground access to Mpama South exists Chief Executive Officer, Maritz Smith comments: “We are delighted with the recent drilling results and ground-breaking interpretations of these exploration initiatives and look forward to realising our exceptional resource and production expansion potential.” ___________________1 Data obtained from International Tin Association Tin Industry Review 20202 All intercepts are reported as apparent widths and are not true widths Mpama North Drilling Update Alphamin commenced extensional drilling of the Mpama North orebody in July 2021. By the end of October 2021, ~6,167m and 12 drillholes had been completed. Additional drilling has now uncovered the existence of a crosscutting fault causing a downward and westward offset of the deeper mineralisation. By refocussing drilling closer to the final drill line from previous exploration, holes drilled at 75m further along strike succeeded in intercepting significant zones of cassiterite mineralization. For example, new drillhole MND011 appears to be one of the best intercepts drilled to date on the property, based on the quantity of visual cassiterite distributed over 20.6 metres (part of which is shown in Figure 1). In addition, 5 new holes west of the ide...