Alphamin to publish updated MRE for Mpama South soon
JSE-listed Alphamin Resources Corporation has announced positive drill results from the Mpama South prospect and the Mpama North mine, at its Bisie tin complex, in the Democratic Republic of Congo.
Mpama South is a high-grade tin resource adjoining the southern end of Alphamin’s operating Mpama North mine.
The company has been drilling at this prospect to expand its mineral resource estimate (MRE), an update for which should be published as soon as end-March or early April.
Notable high-grade assay results returned on the Mpama South prospect include 22.7 m, grading 3.12% tin from 391 m, 16 m, grading 2.89% tin from 297 m and 12.5 m, grading 2.48% tin from 387 m.
Simultaneously, Alphamin is conducting expansion drilling on the Mpama North mine, particularly on the Mpama North Deeps target. The most significant intercept having been discovered from recent drillhole assays is 14.4 m grading 21.75% tin from 432 m.
Alphamin says mineralization at Mpama South remains open in multiple directions and management is confident of the project’s ongoing growth prospects.
This while opportunities exist for the Mpama North mine to add production from previously unmined lower-grade blocks to the mining schedule, while much of the eastern target of Mpama North remains open and untested.