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Mpama South tin project, Democratic Republic of Congo – update

10th June 2022

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Mpama South tin project.

Location
Democratic Republic of Congo.

Project Owner/s
Tin concentrate producer Alphamin Resources.

Project Description
Mpama South’s development is expected to increase annual contained tin production from the current 12 000 t/y to 20 000 t/y – about 6.6% of the world’s mined tin.

Contained tin production is estimated at 7 232 t/y.

Total run-of-mine (RoM) ore processed is estimated at 2.07-million tonnes, with average annualised RoM mined and processed estimated at 468 000 t grading 2.21% tin.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
$115.97-million.

Planned Start/End Date
First tin production from Mpama South is targeted for December 2023.

Latest Developments
Alphamin Resources has reported a 46% year-on-year increase in the inferred resource, to 4.99-million tonnes, at its Mpama South project.

The project’s mineral resource is now 840 000 t at a grade of 2.53% tin for 214 000 t contained tin in the indicated category, and 4.99-million tonnes at a grade of 2.5% tin for 1.25-million tonnes of contained tin in the inferred category.

Following the receipt of assays for the additional 22 drillholes, an updated mineral resource estimate has been completed. The estimate includes results from 124 drillholes, as well as six drillholes in the Wedge area from the earlier drilling to 2015.

Alphamin has reported that in-fill drilling at Mpama South is on track for completion by July, while extension drilling is expected to start in June.

Early development works at the project are in progress.

Key Contracts, Suppliers and Consultants
Bara Consulting (mining studies).

Contact Details for Project Information
Alphamin Resources, tel +230 269 4166 or email info@perrieriitsolutions.com.

Edited by Creamer Media Reporter

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