ALPHAMIN RESOURCES CORPORATION - Alphamin announces Mpama South Production Milestone

Alphamin announces Mpama South Production Milestone

Alphamin Resources Corp.
Continued in the Republic of Mauritius
Date of incorporation: 12 August 1981
Corporation number: C125884 C1/GBL
TSX-V share code: AFM
JSE share code: APH
ISIN: MU0456S00006
("Alphamin" or the "Company")


ALPHAMIN ANNOUNCES MPAMA SOUTH PRODUCTION MILESTONE

MAURITIUS – May 27, 2024 – Alphamin Resources Corp. (AFM:TSXV, APH:JSE
AltX)( "Alphamin" or the "Company") is pleased to announce a major milestone at Mpama
South.

The new Mpama South processing facility has been producing tin concentrate to sales
specification since 14 May 2024. The tin grade of the feed ore was increased from 17 May
2024 following which the focus has been on achieving consistent throughput and producing to
targeted processing recoveries. The processing facility has produced 159 tonnes of contained
tin from 17 May 2024. The facility is now operating at targeted processing recoveries and
continues to produce high-grade concentrate to sales specification.

1. Horizontal belt filter - high-grade concentrate
   (Please refer to the company's website for the image)
2. Concentrate drier, bagging plant and Mpama South concentrate product
   (Please refer to the company's website for the image)


FOR MORE INFORMATION, PLEASE CONTACT:

Maritz Smith
CEO
Alphamin Resources Corp.
Tel: +230 269 4166
E-mail: msmith@alphaminresources.com

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release.

27 May 2024

JSE Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 27-05-2024 03:50:00
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