November2012academyfinance.ch/gri/companies/Alphamin-Resources.pdfPower, Vetco Gray Oil & Gas. Mr...

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An Emerging Market Tin Explorer 1 November2012

Transcript of November2012academyfinance.ch/gri/companies/Alphamin-Resources.pdfPower, Vetco Gray Oil & Gas. Mr...

An Emerging Market

Tin Explorer

AFM TSX.V 1

November2012

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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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.

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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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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 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 USES Solder (54 %)

Tinplate (16%)

Chemicals (14%)

Brass and Bronze (6%)

Float Glass (2%)

Others (8%)

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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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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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WORLD TIN RESOURCES

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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)

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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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WAY FORWARD

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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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