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tin investing

Alphamin Provides Bisie Tin Project and Funding Update/Announces Appointments to Board

Priscila Barrera
Apr. 19, 2017 08:31AM PST
Industrial Metals Investing

Alphamin Resources Corp. (TSXV:AFM) (“Alphamin” or the “Company”) is pleased to announce that the Alphamin Bisie Mining Project (“the Project”) has commenced the construction of the mine box cut and upgrade of the access road following the mobilisation of two earthworks contractors to site, and the appointment of the mining contractor. Alphamin is also pleased …

Alphamin Resources Corp. (TSXV:AFM) (“Alphamin” or the “Company”) is pleased to announce that the Alphamin Bisie Mining Project (“the Project”) has commenced the construction of the mine box cut and upgrade of the access road following the mobilisation of two earthworks contractors to site, and the appointment of the mining contractor. Alphamin is also pleased to announce the appointment of two experienced directors, Bernard Swanepoel and Paul Baloyi, to the Company’s Board. The appointments are subject to regulatory approval.
As quoted in the press release:

“It is very encouraging that work has commenced, and subject to finalisation of the full funding solution, the Project is expected to be completed on time, and within budget by the end of Q1 of 2019.” says Boris Kamstra, CEO of Alphamin Resources Corp. “Alphamin has appointed three contractors following an extensive tender process and the early works have commenced at the Alphamin Bisie Mining Tin project,” explains Kamstra.
“A total of 22 heavy earthmoving machines, their operators, management, and support have been deployed for work at the Mpama North site and on the access road. The work on the box cut and the continued upgrading of the 34km access road has already commenced, following the completion of the initial 9km of the access road upgrade to enable the carrying of normal traffic. The access road is expected to be completed by December 2017,” states Kamstra.

Click here for the full text release

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