VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/26/13 -- Alphamin Resources Corp. (TSX VENTURE: AFM) wishes to announce that Tom Borman has been appointed as a director of the Company. Tom Borman who is a Chartered Accountant has vast experience in the mining and minerals industry. He served in excess of 11 years with BHP Billiton group in [...]
Alphamin Resources wishes to announce that its non-brokered private placement announced February 26, 2013 has been increased from up to $5,000,000 to up to $5,430,000. The Company will now issue up to 27,150,000 common shares ("Shares") at $0.20 per Share. Finder's fees will be paid in accordance with the policies of the TSX Venture Exchange.
Alphamin Resources wishes to announce that it has entered into a debt settlement agreement with a creditor of the Company pursuant to which the Company has agreed to issue an aggregate of 2,500,000 common shares at a deemed price of $0.20 per Share. The amount of indebtedness settled by the Agreement is $500,000, wh
Alphamin Resources is pleased to announce a non-brokered private placement of up to 25,000,000 common shares of the Company at a price of $0.20 per Share, to raise gross proceeds of up to $5,000,000. This private placement is subject to Exchange approval. The Company intends to use the proceeds from the private placement for the exploration and [...]
Alphamin Resources has received all results for its Stage 1 drilling programme on its wholly owned Bisie Tin Project in east central Democratic Republic of Congo (DRC). A total of 19 holes, including 1 re-drill, were completed for 2,406m. Drilling has confirmed significant tin mineralisation over a minimum of 250m at Gecomines and 500m at Golgotha [...]
Alphamin has received results for a further 5 holes drilled on its wholly owned Bisie Tin Project in east central Democratic Republic of Congo (DRC). Drilling has now confirmed tin mineralization in excess of 250m at Gecomines and 450m at Golgotha. The Bisie Project covers 1,470sqkm of highly prospective ground in the North Kivu Province of the [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
