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An Emerging Market
Tin Explorer
AFM TSX.V
DISCLAIMER 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
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An Emerging Market
Tin Explorer
AFM TSX.V
Growth Strategies
Primary focus is to realize the flagship Bisie Tin Project located in the Democratic Republic of Congo.
Define Bisie as a world class high grade tin resource with a potential to contain 11% of current world total available tin resource.
Become one of the largest tin producers in the world market.
3 www.alphaminresources.com
An Emerging Market
Tin Explorer
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CAPITAL STRUCTURE
Pink Cassiterite
1) Toronto Venture Exchange: TSX-V AFM.V, 6AJ.BE (Berlin), 6AJ.F (Frankfurt)
2) Share price (Nov. 13, 2012) $0.34
3) 52 week high / low: $0.76 / $0.32
4) Market Cap: $33,200,000
5) Share outstanding: 103.4m
6) Options outstanding: 4.15m
7) Warrants outstanding: 5.1m
8) Cash: $400,000
- Currency is Canadian Dollars
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An Emerging Market
Tin Explorer
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MANAGEMENT TEAM Cosme M. Beccar Varela
President, AFA Chief Executive Officer, Director Mr Beccar Varela is a lawyer with extensive experience advising companies such as ABB, Alstom Power, Vetco Gray Oil & Gas. Mr Varela commenced his mining practice as representative of Placer Dome in Argentina in the late 80′s. In this capacity he participated in the “Bajo del Durazno” and “Cerro Atajo” projects in the province of Catamarca. He joined the Board of Directors of Alphamin Resources in 1997.
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Mark Gasson
Non Executive Director, Technical Services Division Mr Gasson is a qualified geologist based in Switzerland and has held senior positions with a number of Australian and international mining companies operating in Africa. Currently he serves as the Managing Director of Erongo Energy Limited and was previously the Exploration Manager-East Africa for Gallery Gold Limited and the Executive Director of Exploration for Tiger Resources Limited.
Juan Carlos Del Rio
Non Executive Director Currently serves on the board of BASIC RESOURCES AG and ROME RESOURCES LTD. He formerly served as CEO in the ASTROC Group since its IPO and led the group from a USD 900 Mio IPO to its double cross-border M&A USD 20 Bio. While at UBS AG became responsible for Spain and Portugal and directed both countries’ Wealth Management business in the USA.
Ross Doyle
Chief Financial Officer Ross Doyle qualified as a Chartered Accountant in 1995. Mr Doyle has had several senior roles including 9 years commodities experience at Glencore. Mr Doyle’s extensive commodity, technology and corporate financing experience make him particularly qualified to serve as an Alphamin Resources officer.
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DEMOCRATIC REPUBLIC OF CONGO REASONS TO INVEST
Increased political stability
Democratic elections witnessed – President Joseph Kabila reelected in 2011
New mining code introduced in 2002
Smart money is investing in DRC mining sector. Copper/cobalt ( Freeport McMoran, Katanga Mining, Anvil Mining, ENRC, Metorex ) Gold ( Randgold Resources, Anglogold Ashanti, Banro )
China investing in infrastructure for rail, roads and power to develop sustainable production
International Tin Research Industry (ITRI) participation in DRC tagging and control of conflict tin
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Tin Explorer
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TIN FACTS
Main uses: Solder (54%), Tinplate (16%), Chemicals (14%)
15 iPads/Tablets contain as much tin solder as the average car. Global tablet shipments are expected to reach 117.1 million units in 2012, representing on-year growth of 60% (IDC)
Smart phones contain 1.5% tin by weight. Global smartphone shipments will top 630 million units in 2012, representing on-year growth of 35% (IDC)
Increasing market demand: long-life batteries, stainless steel, fuel catalysts , non lead circuit boards
Demand is expected to increase from 300,000 tons pa to 366,000 tons pa, witnessing a 66,000 ton shortfall pa
Cassiterite crystal
Tin ore from Bisie 7 www.alphaminresources.com
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Tin Explorer
TIN USES Solder (54 %)
Tinplate (16%)
Chemicals (14%)
Brass and Bronze (6%)
Float Glass (2%)
Others (8%)
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Tin Explorer
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TIN – REASONS TO BE BULLISH “ We believe that the LME price will recover and continue to forecast that it will move back above US$25,000 / t next year.”
BNP Paribas 27 July 2012
Global demand for tin to reach an all time high of 366,000 tons per annum.
Demand is expected to exceed supply by 66,000 tons and expected to rise 3-4% in 2013.
No major global tin discoveries in 30 years.
Few new sustainable projects in development
Tin prices continue to trend upwards
DRILLING
TARGET
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Tin Explorer
MAIN TIN PRODUCERS
China (46%)
Indonesia (16%)
Malaysia (12%)
Peru (9%)
Thailand (7%)
Rest of the World (11%)
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BISIE – ALPHAMIN‘S STRATEGY
Targeting 500,000 t Tin metal
Potential to be the largest undeveloped hard rock tin project in the world
Projected to contain 11% of current world total available tin resource
Secondary and tertiary metals contained are silver (Ag) (up to 447 g/t), lead (Pb) (up to >20%, limit of analysis), zinc (Zn) (up to >30%, limit of analysis),
and Rare Earth Elements lanthanum (La) (up to 940
g/t) and cerium (Ce) (up to 1690 g/t)
Project area
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LEADING TIN COMPETITORS
Company Country Resources (t) Grades Depth Accessories
Kasbah Resources (Australia)
Morocco 135,000 0.8% 300 – 400 m below surface
-
Venture Minerals (Australia)
Australia 82,000 0.2% Surface Tungsten, Magnetite
Alphamin (Canada) DRC 500,000 (projected)
1 - 2% Surface Copper
Zinc, Lead Silver, REE
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BISIE PROJECT LOCATION 5 Permits covering 1,470 square kilometers
MPC has full legal title
Tenements 100% owned by MPC
AFM recently acquired 100% of MPC
Force majeure lifted on PR5266 which contains Bisie tin prospect
Primary target within 55km of district centre of Walikale
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TARGETS AREAS
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Bisie structure (9km)
Bisie Workings
Umate alluvial
workings (7kms)
New Target Area
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BISIE TIN PROSPECT Tin first discovered in 2004
High grade tin mineralisation mined by artisanal miners in two areas
Workings cover 1.5km of a ridge which transgresses PR 5266 for more than 9km
Unique style of mineralisation which includes high grade tin, silver, copper, zinc, lead and rare earth elements
Targeting >500,000 tonnes of tin metal
Bisie mineralisation
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COMPANY HIGHLIGHTS – BISIE PROJECT Significant drilling results from most advanced Bisie Tin Project:
25.85m @ 2.26% Tin including 5.8m @ 8.55%
12m @ 3.15% Silver & 3m @ 6.14% Tin
19m @ 197g/t Silver
17.7m @ 14.11% Zinc incl. 13m @ 18.08%
14.75m @ 10.82% Lead
9.4m @ 1.01% Copper including 3.5m @ 2.15%
Mineralisation in 2 discrete zones - upper Silver/Lead/Zinc & deeper Tin/Copper zones
Mineralisation open in all directions
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Results reported for 2 diamond holes at Gecomines and 2 at Golgotha (drilling started in July 2012)
Best intersections :
BGC001 reported 12m @ 3.15% Sn from 53 m, 3m @ 6.14% Sn from 80m and 10m @ 0.19% Cu from 53m.
BGC002 drilled 100m to the north reported 25.85m @ 2.26% Sn from 47.65m including 5.8m @ 8.55% Sn and 9.4m @ 1.01% Cu from 67m including 3.5m @ 2.15% Cu.
Drillhole BGH001 reported 27.1m @ 0.88% Sn; 4.75m @ 1.22% Sn; 19m @ 197 g/t Ag from 61m; 17.7m @ 14.11% Zn from 61m; 14.75m @ 10.82% Pb; 7.85m @ 0.54% Cu and 10.1m @ 1042 g/t Ce (REE)
BGH002 was stopped short of the main zone of mineralisation and reported 3m @ 0.69% Sn from 90m and 3m @ 2.00% Zn from 85m.
Results awaited for 4 additional holes currently in the laboratory
DRILLING RESULTS- BISIE
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BISIE GEOCHEMISTRY Soil samples collected over 4km of the ridge which hosts the Bisie deposit
Coherent lead anomaly (least mobile) defined over 4km
Ongoing soil sampling programme will ensure complete coverage over 8km of the Bisie ridge
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WAY FORWARD – PROJECT TIMELINE
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Resource definition
500k tin target
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BISIE MINERALISATION
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Tin Zone - Gecomines Zinc Zone - Golgotha
Tin mineralisation within a 20-30m wide chlorite rich zone Strong association of chalcopyrite (Copper)
Two zones intersected at Golgotha:
• zinc/lead/silver zone • tin zone with increased quartz veining
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EXCEPTIONAL GRADES – HISTORIC WORKINGS Artisanals mined tin from a number of discrete tin-rich units which coalesce at depth to form the high grade plunging “Salon” chute
“Salon” chute was 15-20m wide, 8m thick and continued below 80m below surface (mining stopped)
Reported grades (GET Laboratories - Prague) were typically 50% SnO2 (tin oxide) in veins & 80-95% SnO2 in the “Salon” chute
REE content up to 0.5% (rhapdophane – hydrated REE phosphate)
DRILLING
TARGET
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ADDITIONAL TARGETS: UMATE GOLD
Located on PR 5267 (currently
under force majeure)
Exploitation of alluvial and
primary resources during 1950 –
1960s
Two main areas of exploitation -
Makua and Nyamakondjo basins
In the Nyamakondjo basin large
quartz veins were exploited, along
with the alluvial material
Good potential for discovery of
primary gold resources
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Makua
Nyamakondjo
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MANONO PROJECT
2 Permits covering 242 square kilometers in Katanga Province
Tenements 100% owned by Alphamin (AFM) through its DRC subsidiary
Tenements surround the historic Manono mine (180,000 tonnes of tin were produced)
Other minerals include lithium and colombo-tantalite
Landsat interpretation and stream sediment sampling programs will commence during the year
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Contact Us ZUG OFFICE: +41 41 711 02 81
Mark Gasson, Director:
[email protected] +41 798 824 602
Ross Doyle, CFO / Investor Relations:
[email protected] + 41 76 515 17 74
Email: [email protected]
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