Alphamin Resources Corp. ("Alphamin" or the "Company") has received all results for its Stage 1 drilling programme on its wholly owned Bisie Tin Project (Bisie 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 target areas.
Drill hole BGC007 drilled between BGC001 (12m @ 3.15% Sn from 53m and 3m @ 6.14% Sn from 80m) and BGC002 (25.85m @ 2.26% Sn from 47.7m) reported 18.5m @ 2.21% Sn from 53m including 2.9m @ 6.27% Sn and 1.1m @ 6.23% Sn from 80m. Drill hole BGC006 drilled 50m south of BGC001 reported 10.3m @ 0.98% Sn from 65.7m including 1.8m @ 3.12% Sn from 65.7m and 6.7m @ 1.11% Sn from 82.3m.
Recent results are shown in Table 1 and all significant intersections are highlighted in Figures 1 and 2 and can be found on the website.
Consistent high grade tin mineralisation has been reported from 5 holes covering a minimum of 250m of strike along the structure. Drilling further confirmed mineralised widths of 15-25m as opposed to the narrow high grade chute (20m x 6m) mined historically by artisanal miners. Mineralisation is exposed at surface along a ridge elevated roughly 200m above the surrounding countryside and highly conducive to open cut mining.
In addition tin mineralisation is often associated with copper mineralisation with a best intercept of 9.4m @ 1.01% copper from 67m from BGC002.
The Company has now planned a 4,000m infill drilling programme over this high grade priority zone. Tin mineralisation will be tested down to a vertical depth of 200m below surface with holes drilled on a 50m x 50m grid pattern. The Company expects to complete the drilling programme with an early indication of the resource potential during the third quarter of 2013.
Results were received from 2 additional holes drilled at Golgotha. The southernmost drill hole, BGH009, reported 14.5m @ 0.64% Sn from 79.5m including 1.5m @ 3.22% Sn from 92.5m confirming mineralisation is open to the south. Drill hole BGH005 (reported previously) was drilled to the north in the Golgotha target area and reported 13m @ 0.7% Sn from 58m including 3m @ 2.06% Sn from 58m. Drilling has confirmed mineralisation is open to the north, south and at depth at Golgotha and continues over a strike length of more than 500m. Grades at Golgotha are generally lower than those reported at Gecomines to the north although a high grade zone of 1.5m-5m has been reported from most drill holes where grades vary from 1.2% - 5.8% Sn.
Significant copper was also intersected at Golgotha with a best intercept of 35m @ 0.77% Cu from 53m including 10m @ 1.67% Cu from 58m in BGH005.
A second zone rich in silver, zinc and lead was intercepted above the tin zone. Reportable grades are shown in Figure 2 and varied between 1.5m @ 57.4 g/t Ag from 144.5m to 19m @ 197ppm Ag from 61m; 12.5m @ 3.14% Zn from 71m to 17.8m @ 14.11% Zn from 61m and 0.5m @ 6.23% Pb from 144.5m to 14.75m @ 10.82% Pb from 61m.
A strong lead and zinc in soil anomaly has been defined over 4km along the ridge. The tin zone has elevated lead and zinc values suggesting tin, silver, zinc and lead mineralisation can be expected over a further 2km to the south.
The Company will commence infill drilling at the Golgotha target area and continue drilling along the structure to the north and south of defined mineralisation to determine the true strike potential and to identify any additional high grade tin target areas along the ridge once the Stage 2 programme has been completed at Gecomines.
Management is extremely pleased with the results of the Stage 1 drilling programme which has confirmed the potential for the Bisie Prospect to host significant tin mineralisation as well as several other commodities including rare earth elements.
Lars Pearl, a qualified person under National Instrument 43-101, has verified technical data disclosed in this release.
ON BEHALF OF THE BOARD OF DIRECTORS
Cosme Maria Beccar Varela, President and CEO