Investors News Releases
| December 15, 2008 Final Geochemical Results Received for Violin 2 | |
| Vancouver, Canada -- December 15, 2008 -- Alphamin Resources Corp (AFM: TSX Venture Exchange) is pleased to announce that it has now received results for all of the 11,000 soil samples that were collected on the Violin 2 property, Mexico, in 2007. In addition, assay results for surface and underground samples collected during the course of the soil sampling campaign have been received. The results of the samples provide better definition of the anomalous areas and have significantly extended some of the silver anomalies, confirmed the known copper-gold anomalies on the Coaxtlahuacan grid and other areas of the property (news releases of February 8th and 11th, 2008). In addition, the sampling has defined a number of new zones anomalous in gold, copper as well as co-incident silver-copper-lead-zinc. In the northern part of the property the Coaxtlahuacan Norte (or Lupita) grid has a 52 hectare copper anomaly as defined by a 210 ppm Cu contour with values in soils up to 4,673 ppm copper. The anomaly is interpreted to be the result of copper mineralization related to an underlying diorite intrusion. New results for the Coaxtlahuacan grid indicate gold in soil ranges up to 2,160 ppb and copper up to 3,810 ppm in the southern part of the grid, further highlighting the significance of this area that has strong similarities to Goldcorp's Los Filos -- El Bermejal gold mine 68 kilometres to the northwest. To the east of the Coaxtlahuacan grid on the Mezcaltepec grid is a strong silver-lead-zinc anomaly with zones of anomalous copper that forms a southerly trending arcuate zone 7.5 kilometres long and up to 1.4 kilometres wide. Lead in soils ranges up to 32,600 ppm; zinc to 3,600 ppm; silver to 60.2 ppm and copper to 621 ppm. The anomalies are interpreted to reflect epithermal silver-lead-zinc-barite veins within the underlying metasediments and metavolcanics. Grab samples of mineralization from old mine workings along the trend assayed up to 676 grams/tonne silver and up to 35% combined lead and zinc. To the south of the Mezcaltepec grid, on the San Isidro grid, a strong silver-lead-copper-zinc and gold anomaly occurs. The anomalous zone is 3.0 by 2.4 kilometres in size with silver values ranging up to 51.3 ppm; lead up to 21,860 ppm; copper up to 2,109 ppm and zinc up to 20,070 ppm. The polymetallic soil anomalies on San Isidro are underlain by limestones of the Morelos formation and the same belt of metasediments and metavolcanics as underlie the Mezcaltepec grid. It is speculated that the anomalies may be caused by underlying VMS mineralization in the metasediments or by chimney and manto mineralization in the limestones. At the southern end of the property on the Piedra Iman grid, soil sampling has defined polymetallic anomalies in an 2 by 2 kilometre area. Copper in soils ranges up to 1,667 ppm, lead to 2,686 ppm, zinc up to 1,981 ppm and silver up to 27.7 ppm. The area is underlain by felsic volcanics and mineralization is associated with exposures of enigmatic magnetite breccias. It is the Company's intention to continue follow-up work in the anomalous zones with prospecting and mapping crews. Where warranted additional infill sampling will be conducted and sampling to close off anomalies extending outside of the sampled areas will be undertaken. Additional ground and/or airborne geophysical testing of selected geochemical anomalies will also be undertaken in early 2009 in order to develop further drill targets in addition to those already defined on the Coaxtlahuacan grid. Carl G. Verley, P.Geo is the Qualified Person responsible for the technical contents of this press release. The TSX Venture Exchange has neither reviewed nor accepts responsibility for the adequacy or accuracy of this release. This News Release contains forward-looking statements. Forward-looking statements are statements, which relate to future events. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our industry, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results | |
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