Alphamin Resources Corp. · TSXV:AFM
Alphamin Resources — Investor Presentation (April 2014)
24 slides from Alphamin Resources's investor presentation, April 2014
Slide 1: Bisie Project
Bisie Project April 2014 AFM TSX.V www.alphaminresources.com 1
Slide 2: Disclaimer
DISCLAIMER The statements made in this presentation which are not historical facts contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this presentation pertains. The actual resu
Slide 3: Capital Structure
CAPITAL STRUCTURE 1) Toronto Venture Exchange: TSX-V AFM.V, Berlin 6AJ.BE, Frankfurt 6AJ.F 3) 52 week high / low: C$0.10 / C$0.42 4) Market Cap (C$0.30): C$76.8m 5) Share outstanding: 256m 6) Warrants outstanding: 12.1m 7) Options outstanding: 13.8m Currency is Pink Canadian Dollars Cassiterite AFM
Slide 4: Management Team
MANAGEMENT TEAM Brendon Jones Rudolf Pretorius Juan Carlos Del Non Executive Director Non Executive Director Rio Non Executive Mr Jones currently holds a Mr. Pretorius formed Treacle Director number of Executive and Private Equity in 1999 with Non-Executive Directorships, two partners. At Treacle, M
Slide 5: Company Highlights – Bisie Project
COMPANY HIGHLIGHTS – BISIE PROJECT 10,630 metres of diamond drilling completed on the Bisie Prospect since July 2012 Initial Inferred Mineral Resource of 4.01mt @ 3.5%Sn (0.25% Sn cut off) for 141,200 tonnes contained tin at Mpama North 43-101 filed in January 2014 Positive results from tin
Slide 6: Tin Facts
TIN FACTS Main uses: Solder (54%), Tinplate (16%), Chemicals (14%) 15 iPads/Tablets contain as much tin solder as the average car. Smart phones contain 1.5% tin by weight. Worldwide shortages are expected since Indonesia (first global exporter) cut down exports by 90% Cassiterite crystal Few n
Slide 7: Global Resources for Peer Explorers
GLOBAL RESOURCES FOR PEER EXPLORERS 181 200 151 Tin Resource/Reserve (kt) 141 131 150 81 100 71.5 52 57 50 22 0 www.alphaminresources.com 7
Slide 8: Grade & Resources for Peer Explorers
GRADE & RESOURCES FOR PEER EXPLORERS 5 •Exceptionally high grades 4 •Potential for other resources AFM 3 Tin Grade 2 (% Sn) MLX SRZ 1 KAS CSD YTC VMS Taronga 0 -10 0 10 20 30 40 50 60 Resources/Reserves (MT ore) -1 www.alphaminresources.com 8
Slide 9: Peer Tin Explorers
PEER TIN EXPLORERS Grade Mtons Tons Depth Grain Size (% Sn) contained Recovery Sn Alphamin 3.5 4.01 141,200 50 to 220 Coarse Resources m depth 85% recovery Kasbah 0.85 15.3 131,000 600m Fine depth Stellar 1.14 6.28 71,500 550m Fine Resources depth 70% recovery Metal X 1.57 9.7 151,000 200- 70% recov
Slide 10: Democratic Republic of Congo Reasons to Invest
DEMOCRATIC REPUBLIC OF CONGO REASONS TO INVEST Increased political stability Democratic elections witnessed – President Joseph Kabila reelected in 2011 New mining code introduced in 2002 (under revision) Smart money is investing in DRC mining sector. Copper/cobalt ( Freeport McMoran, Katanga Mi
Slide 11: Bisie Project
BISIE PROJECT 5 Permits covering 1,470 square kilometers in North Kivu Province Permits 100% owned Work commenced on PR5266 (contains Bisie Prospect) in early 2012 180km from Regional Centre of Goma (border with Rwanda) AFM TSX.V www.alphaminresources.com 11
Slide 12: Bisie Tin Prospect
BISIE TIN PROSPECT Tin first discovered in 2004 High grade tin mineralisation mined by artisanal miners in two areas: Mpama North and Mpama Mpama South North Exceptional drilling results (Mpama North): 15m @ 7.94%Sn from 171m & 7.65m @ 9.40% Sn from 192m Bisie mineralisation 29m @ 3.30% Sn
Slide 13: Mpama North: Inferred Maiden Resource
MPAMA NORTH: INFERRED MAIDEN RESOURCE Mpama North Inferred Resource Cut-off grade Tonnes Sn Tonnes Sn % Cu (%) Zn(%) Pb(%) (Sn%) (Millions) (Thousands) 0.25 4.01 3.52 141.2 0.27 0.12 0.006 • Resource covers 400m strike down to 250m below surface • First 50m not included (depletion from artisanal wor
Slide 14: Bisie 3D Model (Looking South)
BISIE 3D MODEL (LOOKING SOUTH) 14
Slide 15: Drilling – Mpama North
DRILLING – MPAMA NORTH Deep drilling below 200m commenced at Mpama North in February 2014 (6 holes for 1,720m) Visible cassiterite veins observed down to 350m below surface Significant results from first 2 holes: 24.5m @ 2.03% Sn from 247m including 15.18m @ 2.94% Sn from 252.12m Metallurg
Slide 16: Mpama North – Infill Drilling
MPAMA NORTH – INFILL DRILLING Sterilized Area 6,000m of infill drilling planned for mineral resource upgrade Targeting high grade Infill Target Area mineralised chute New mineral resource expected in Q3 AFM TSX.V www.alphaminresources.com 16
Slide 17: Mpama South Drilling Results
MPAMA SOUTH DRILLING RESULTS Mpama North MASSIVE SULPHIDE TIN MINERALISATION Two zones intersected at Mpama South: • zinc/lead/silver zone • tin/copper zone with increased quartz veining Mpama Best intercepts include: South • 32.2m @ 0.76% Sn from 106.9m, incl. 22.05m @ 1.02% Sn • 11m @ 1.48% Sn
Slide 18: Soil Geochemistry
SOIL GEOCHEMISTRY Soil samples collected over 7km of the ridge which hosts the Bisie deposit MPAMA Coherent zinc and lead anomaly (best association NORTH with tin mineralisation) defined over 6km Ongoing soil sampling programme will ensure complete coverage over 8km of the Bisie ridge, and adj
Slide 19: Regional Targets
REGIONAL TARGETS Bisie Project New Targets 10346 5266 5270 Umate prospect 5267 www.alphaminresources.com 19
Slide 20: Gold Target: Umate
GOLD TARGET: UMATE Located on PR 5267 (currently under force majeure) Makua Exploitation of alluvial and primary resources during 1950 – 1960s Nyamakondjo Two main areas of exploitation - Makua and Nyamakondjo basins In the Nyamakondjo basin large quartz veins were exploited, along with the
Slide 21: Company Vision
COMPANY VISION Develop the first commercial mine in the North Kivu Province Establish and fund the “Alphamin Foundation” - 4% of all project expenditure Create an artisan training school where trained personnel can provide services to the communities and the mine General upliftment of all in
Slide 22: Way Forward – Project Timeline
WAY FORWARD – PROJECT TIMELINE AFM TSX.V www.alphaminresources.com 22
Slide 23: Conclusion
CONCLUSION Bisie is on track to becoming the first commercially developed mine in the North Kivu Province, DRC Initial work indicates underground mining methods will be required Good potential for new tin and gold discovery Strong focus on community development programmes for the upliftment
Slide 24: Contact Us
Contact Us ZUG OFFICE: +41 41 711 02 81 C/O Coresco AG Gotthardstrasse 20 CH – 6300 Zug Email: info@coresco.ch Mark Gasson, Director: mark.gasson@coresco.ch +41 798 824 602 Ross Doyle, CFO / Investor Relations: ross.doyle@coresco.ch + 41 765 151 774 AFM TSX.V www.alphaminresources.com 24
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