AlphaMin (AFM.V) has announced it started another drill program at its Bisie Tin Project in the Democratic Republic of Congo. Two drill rigs will drill 2,500 meters and test the continuity of the mineralization at depth at the Mpama North target along a strike length of approximately 300 meters. Another 1,900 meters will be drilled to recover a seven tonne sample which will be used for metallurgical test work. Should the 2,500 meter drill program reveal significant mineralization, AlphaMin expects to start a follow-up drill program immediately with 50 meter spacing.
AlphaMin has more than tripled since our initial blog post on September 18th, and it would be wise to take some money off the table if you invested at C$0.11.
> Click here to read the press release
Disclosure: The author holds no position in AlphaMin. Please see our disclaimer for current positions.
