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Alphamin Announces a 34 percent increase for its Bisie Tin Project
Alphamin Resources (TSXV:AFM) has announced a significant increase in its Measured and Indicated Mineral Resources at the Mpama North prospect of its Bisie Tin Project. As quoted in the press release: The updated Mineral Resource estimate at Mpama North has increased the Mineral Resources over that used in the FS study to 4.60 million tonnes …
Alphamin Resources (TSXV:AFM) has announced a significant increase in its Measured and Indicated Mineral Resources at the Mpama North prospect of its Bisie Tin Project.
As quoted in the press release:
The updated Mineral Resource estimate at Mpama North has increased the Mineral Resources over that used in the FS study to 4.60 million tonnes @ 4.52 percent Sn for 208,100 tonnes contained tin (at 0.5 percent Sn cut-off) in the Measured and Indicated Categories and 0.54 million tonnes @ 4.25 percent Sn for 22,800 tonnes contained tin (at 0.5 percent Sn cut-off) in the Inferred Category.
The Measured and Indicated Mineral Resources increased by 34 percent contained tin to that announced in the Indicated category in October 2015. The Inferred Mineral Resource decreased by 41 percent contained tin with additional Inferred Resources being transferred to the Measured and Indicated categories through results of infill drilling, a revised structural interpretation and additional borehole survey data.
Boris Kamstra, CEO, said:
This positive development confirms the quality of the Bisie Tin Project and is another positive step supporting the development of the mine at Mpama North at Bisie. These new results support an increase in tin grade with depth as tin mineralisation continues down dip and is open along strike and at depth. The results underpin excellent potential to define significant additional tin resources to increase LOM at Mpama North, thus unlocking exciting further investment potential of the Bisie Tin Project.
Click here for the full press release.
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