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AFM TSX.V
THE BISIE PROJECT
FEBRUARY 2015
1
DISCLAIMER
2
• The statements made in this presentation which are not historical facts contain certain forward-looking statements concerning
potential developments affecting the business, prospects, financial condition and other aspects of the company to which this
presentation pertains. The actual results of the specific items described in this presentation, and the company’s operations
generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based
upon the best judgments of management of the company as of the date of this presentation, significant deviations in magnitude,
timing and other factors may result from business risks and uncertainties including, without limitation, the company’s dependence
on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues
and other factors, many of which are beyond the control of the company.
• Such risks and uncertainties are described in periodic filings made by Alphamin Resources Corp with United States and Canadian
Securities regulators and authorities. The company disclaims any obligation to update information contained in any forward-looking
statement.
www.alphaminresources.com
COMPANY SNAPSHOT
3
AFM.V
6AJ.BE; 6AJ.F
TSX-V Code
Berlin; Frankfurt
347MShares on Issue
42%
Major
Shareholder:
Tremont Master
Holdings
Options
20c – 65c
10.5M
Expire: April
2016 – Feb 2017
Market Cap
(19/11/2014)
~59M
~C$15MCash
(30/09/2014)
Management
www.alphaminresources.com
Board of 6
Directors
Bruce Curling (CEO)
– 25 years developing and managing mining
companies
Charles Needham (Chairman) –
Stewardship in DRC mining companies
Bruce Curling (CEO), Mark Gasson
(Geologist), Boris Kamstra
(Engineer), Herculus Jacobs
(Engineer), Helen Pein (Geologist)
Tom Borman, Brendon Jones,
Rudolph Pretorius, Juan Carlos
del Rio –
Non-executive directors
Ross doyle (CFO)
Technical
Committee
Financial
4
COMPANY HIGHLIGHTS – BISIE
PROJECT
 23,864m of diamond drilling completed since
commencement in July 2012
 First Maiden Resource at Mpama North:
 4.01Mt @ 3.52% tin for 141,200 tonnes of
contained tin (cut-off grade 0.25% tin)
 Pre-feasibility studies completed at Mpama North
 Underground mining method using backfill (85%
conversion)
 Provisional production of 500,000 tons per annum
for 30,000 tons of tin concentrate (70% recoveries
from gravity)
 Awaiting final signature for granting of Mining
License
 Drilling ongoing for definition of additional
resources
www.alphaminresources.com
BISIE PROJECT
5
 5 permits covering
1,268 sqkm in North
Kivu Province, DRC
 Permits 100% owned
 Primary focus on tin
 180km from regional
center of Goma
(border with Rwanda)
www.alphaminresources.com
MPAMA NORTH
 Tin mineralisation confirmed over
600m to depths exceeding 400m
below surface
 Strong mineralisation open to the
north, south and at depth
 Significant grades included:
 15m @ 7.94%Sn from 171m & 7.65m
@ 9.40% Sn from 192m
 25m @ 7.98% Sn from 113m
 11.4m @ 3.03% Sn from 398m
 Mineralisation has strong chute
geometry (plunge to north)
 Mpama North most advanced - first tin
production expected in 2017
www.alphaminresources.com 6
INFERRED RESOURCE
– MPAMA NORTH
 Resource covers 400m strike down to
250m below surface
 First 50m not included (depletion from
artisanal mining)
 Resource upgrade during 2nd Quarter
2015 (expected increase in tin grade)
 Strong copper association
7
Mpama North Inferred Resource
Cut-off grade
(Sn%)
Tonnes
(Millions)
Sn %
Sn Tonnes
(Thousands)
Cu (%) Zn(%) Pb(%)
0.25 4.01 3.52 141.2 0.27 0.12 0.006
Cassiterite
8
EXPLORATION POTENTIAL
– BISIE PROJECT
 Tin mineralisation confirmed over 1.8km
(includes Mpama North and Mpama South)
 Deep drilling ongoing at Mpama North to
prove continuity to 600m below surface
 Significant cassiterite mineralisation
intersected immediately south of Mpama
North resource area
 Initial resource drilling programme to
commence at Mpama South
 Drilling to test coherent tin/lead/zinc in soil
anomaly defined over 2km further south along
the ridge
 Soil sampling to test interpreted geophysical
targets along ridge (7km) and adjacent
PR10346
www.alphaminresources.com
BISIE PROJECT TIMELINE
9
2014 2015 2016
YTD Q4 Q1 Q2 Q3 Q4 Full Year
Exploration
DFS
Road Construction
Early Construction
Procure Long Lead
Items
Construction
www.alphaminresources.com
BISIE PRODUCTION MILESTONES
10
 Mpama North favours
underground mining methods
 Phase 1: First 3 years of
production (starting 2017):
13,542 tonnes of tin concentrate
per annum for export
 Phase 2: Following 4 years with
on-site smelting producing
15,025 tonnes of tin metal per
annum for export.
 Phase 3: Following 10 years of
operations producing 11,806
tonnes of tin metal per annum
for export.
www.alphaminresources.com
280m
200m
COMMUNITY RELATIONS &
DEVELOPMENT
11
 Alphamin recognises that the Bisie Project will
only succeed with full Government and local
community support
 Initiatives include:
 Establish a development fund, “the Lowa
Foundation” – 4% of all in-country exploration
spend allocated to fund
 Sign an agreement and establish a representative
committee to aid the fund with project selection
and management
 Create an artisan training school where trained
personnel can provide services to the communities
and the mine
 Use of local labour to construct a road linking Bisie
to the Kisangani-Walikale road
 Company currently employs more than 200
Congolese nationals (casual and permanent)
www.alphaminresources.com
COMPANY vs RESOURCES
12
0
50
100
150
200
22
52 57
71.5
81
131
151
181
141
TinResource/Reserve(kt)
RESOURCES vs TIN GRADES
13
AFM
MLX
KAS
VMS
SRZ
Taronga
CSD
YTC
-1
0
1
2
3
4
5
-10 0 10 20 30 40 50 60
Tin Grade
(% Sn)
Resources (MT ore)
 Exceptional grades
 Potential to increase tin
resources
AFM TSX.V
DEMOCRATIC REPUBLIC OF CONGO
- REASONS TO INVEST
 Increased political stability
 Democratic elections witnessed President Joseph Kabila re-elected in 2011
 New mining code introduced in 2002 (under revision)
 Smart money is investing in DRC mining sector. Copper/cobalt ( Freeport
McMoran, Katanga Mining, Anvil Mining, Metorex ) Gold ( Randgold Resources,
Anglogold Ashanti, Banro )
 China investing in infrastructure for rail, roads and power to develop sustainable
production
 ITRI/BGR participation in DRC tagging and control of conflict tin
 MONUSCO (United Nations) forces have a strong presence in North Kivu to
provide stability
14www.alphaminresources.com
www.alphaminresources.com 15
Thank You

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Alphamin presentation feb2015

  • 1. AFM TSX.V THE BISIE PROJECT FEBRUARY 2015 1
  • 2. DISCLAIMER 2 • The statements made in this presentation which are not historical facts contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this presentation pertains. The actual results of the specific items described in this presentation, and the company’s operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this presentation, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company’s dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. • Such risks and uncertainties are described in periodic filings made by Alphamin Resources Corp with United States and Canadian Securities regulators and authorities. The company disclaims any obligation to update information contained in any forward-looking statement. www.alphaminresources.com
  • 3. COMPANY SNAPSHOT 3 AFM.V 6AJ.BE; 6AJ.F TSX-V Code Berlin; Frankfurt 347MShares on Issue 42% Major Shareholder: Tremont Master Holdings Options 20c – 65c 10.5M Expire: April 2016 – Feb 2017 Market Cap (19/11/2014) ~59M ~C$15MCash (30/09/2014) Management www.alphaminresources.com Board of 6 Directors Bruce Curling (CEO) – 25 years developing and managing mining companies Charles Needham (Chairman) – Stewardship in DRC mining companies Bruce Curling (CEO), Mark Gasson (Geologist), Boris Kamstra (Engineer), Herculus Jacobs (Engineer), Helen Pein (Geologist) Tom Borman, Brendon Jones, Rudolph Pretorius, Juan Carlos del Rio – Non-executive directors Ross doyle (CFO) Technical Committee Financial
  • 4. 4 COMPANY HIGHLIGHTS – BISIE PROJECT  23,864m of diamond drilling completed since commencement in July 2012  First Maiden Resource at Mpama North:  4.01Mt @ 3.52% tin for 141,200 tonnes of contained tin (cut-off grade 0.25% tin)  Pre-feasibility studies completed at Mpama North  Underground mining method using backfill (85% conversion)  Provisional production of 500,000 tons per annum for 30,000 tons of tin concentrate (70% recoveries from gravity)  Awaiting final signature for granting of Mining License  Drilling ongoing for definition of additional resources www.alphaminresources.com
  • 5. BISIE PROJECT 5  5 permits covering 1,268 sqkm in North Kivu Province, DRC  Permits 100% owned  Primary focus on tin  180km from regional center of Goma (border with Rwanda) www.alphaminresources.com
  • 6. MPAMA NORTH  Tin mineralisation confirmed over 600m to depths exceeding 400m below surface  Strong mineralisation open to the north, south and at depth  Significant grades included:  15m @ 7.94%Sn from 171m & 7.65m @ 9.40% Sn from 192m  25m @ 7.98% Sn from 113m  11.4m @ 3.03% Sn from 398m  Mineralisation has strong chute geometry (plunge to north)  Mpama North most advanced - first tin production expected in 2017 www.alphaminresources.com 6
  • 7. INFERRED RESOURCE – MPAMA NORTH  Resource covers 400m strike down to 250m below surface  First 50m not included (depletion from artisanal mining)  Resource upgrade during 2nd Quarter 2015 (expected increase in tin grade)  Strong copper association 7 Mpama North Inferred Resource Cut-off grade (Sn%) Tonnes (Millions) Sn % Sn Tonnes (Thousands) Cu (%) Zn(%) Pb(%) 0.25 4.01 3.52 141.2 0.27 0.12 0.006 Cassiterite
  • 8. 8 EXPLORATION POTENTIAL – BISIE PROJECT  Tin mineralisation confirmed over 1.8km (includes Mpama North and Mpama South)  Deep drilling ongoing at Mpama North to prove continuity to 600m below surface  Significant cassiterite mineralisation intersected immediately south of Mpama North resource area  Initial resource drilling programme to commence at Mpama South  Drilling to test coherent tin/lead/zinc in soil anomaly defined over 2km further south along the ridge  Soil sampling to test interpreted geophysical targets along ridge (7km) and adjacent PR10346 www.alphaminresources.com
  • 9. BISIE PROJECT TIMELINE 9 2014 2015 2016 YTD Q4 Q1 Q2 Q3 Q4 Full Year Exploration DFS Road Construction Early Construction Procure Long Lead Items Construction www.alphaminresources.com
  • 10. BISIE PRODUCTION MILESTONES 10  Mpama North favours underground mining methods  Phase 1: First 3 years of production (starting 2017): 13,542 tonnes of tin concentrate per annum for export  Phase 2: Following 4 years with on-site smelting producing 15,025 tonnes of tin metal per annum for export.  Phase 3: Following 10 years of operations producing 11,806 tonnes of tin metal per annum for export. www.alphaminresources.com 280m 200m
  • 11. COMMUNITY RELATIONS & DEVELOPMENT 11  Alphamin recognises that the Bisie Project will only succeed with full Government and local community support  Initiatives include:  Establish a development fund, “the Lowa Foundation” – 4% of all in-country exploration spend allocated to fund  Sign an agreement and establish a representative committee to aid the fund with project selection and management  Create an artisan training school where trained personnel can provide services to the communities and the mine  Use of local labour to construct a road linking Bisie to the Kisangani-Walikale road  Company currently employs more than 200 Congolese nationals (casual and permanent) www.alphaminresources.com
  • 12. COMPANY vs RESOURCES 12 0 50 100 150 200 22 52 57 71.5 81 131 151 181 141 TinResource/Reserve(kt)
  • 13. RESOURCES vs TIN GRADES 13 AFM MLX KAS VMS SRZ Taronga CSD YTC -1 0 1 2 3 4 5 -10 0 10 20 30 40 50 60 Tin Grade (% Sn) Resources (MT ore)  Exceptional grades  Potential to increase tin resources
  • 14. AFM TSX.V DEMOCRATIC REPUBLIC OF CONGO - REASONS TO INVEST  Increased political stability  Democratic elections witnessed President Joseph Kabila re-elected in 2011  New mining code introduced in 2002 (under revision)  Smart money is investing in DRC mining sector. Copper/cobalt ( Freeport McMoran, Katanga Mining, Anvil Mining, Metorex ) Gold ( Randgold Resources, Anglogold Ashanti, Banro )  China investing in infrastructure for rail, roads and power to develop sustainable production  ITRI/BGR participation in DRC tagging and control of conflict tin  MONUSCO (United Nations) forces have a strong presence in North Kivu to provide stability 14www.alphaminresources.com