Alphamin Resources Corp., ("Alphamin" or the "Company") is pleased to announce that the Government of Democratic Republic of Congo ('DRC") has reaffirmed its commitment to fully support Alphamin as it progresses to develop the first large scale mining operation in the North Kivu Province on its Bisie Tin Prospect in the east central DRC. Construction of the mine at Mpama North is scheduled to commence in 2016.
As announced July 21st, 2014, Alphamin's management team held meetings with the Regional Minister of Mines and the Office of the Prime Minister in Kinshasa, the capital city of DRC. Meetings were also held at the United Nations Organization Stabilization Mission in the Congo ("MONUSCO"), the American Embassy and USAID.
All Senior Government Officials and MONUSCO have confirmed their support is the requirement for a secure, stable environment for Alphamin to continue its operations free from further interference from negative elements operating in the area. Key issues to be addressed by the DRC Government will be to inform affected communities that Alphamin through its wholly owned subsidiary, Mining and Processing Congo SPRL ("MPC") is the full legal title holder of Research Permit PR 5266 and that results of the evaluation mission have indicated that no validation of artisanal mining will take place within the limits of the permit unless agreed to by Alphamin. No dedicated artisanal mining zone exists within the boundaries of the permit.
Alphamin further received assurance that the Ministry supports Alphamin's application to convert a portion of PR 5266 to a Mining Permit, following the DRC Mining Code procedures. The Ministry would further assist in expediting this application process, indicating their support of a large scale mining operation at Bisie.
Alphamin has been informed that the DRC National Army ("FARDC") and MONUSCO have instituted actions to neutralize rebel groups in the area. The success of these operations will dramatically improve the security situation in the Walikale area and location of the Bisie project.
Alphamin implores all parties involved in the resolving of tenure and occupation of the Bisie area to act with maximum restraint and place the human rights of all as of paramount importance.
Alphamin in turn recognizes that the success of the project relies entirely on the full support of local communities. Alphamin has therefore commenced a socio-economic community development programme, which will improve the general living conditions of the population around Bisie and the greater Walikale area. Alphamin is in process of incorporating a Community Trust, which will be funded by 4% of the direct project expenditure excluding DRC taxes. Alphamin has further engaged Coastal Environmental Services ("CES") to conduct a baseline study in which all affected communities and potential development projects will be identified for immediate action.
Alphamin is extremely satisfied with the outcome of meetings held in Kinshasa and is confident that future operations will be conducted in a friendly and safe environment.
ON BEHALF OF THE BOARD OF DIRECTORS
Brendon Jones, Interim Chief Executive Officer
Source: http://www.alphaminresources.com