Investors News Releases
| May 05, 2009 NEW COPPER ZONE LOCATED ON VIOLIN 2 PROJECT | |
| Alphamin Resources Corp (AFM: TSX Venture Exchange) is pleased to announce that in early April 2009, the Company undertook a brief program to follow-up some of the soil anomalies and mineral occurrences identified during the previous sampling programs on the Violin 2 Project located in Guerrero, Mexico (news releases of December 15th, 2008 and March 1st 2009). The object of the program was to better understand the mineralization models and make appropriate plans to test exploration targets. The work conducted was successful in prioritizing targets and future exploration plans. Massive sulphide (zinc-lead-silver) mineralization of the El Carrizal occurrence was reconfirmed to dip onto the Company's ground on the Mezcaltapec grid. A program of ground electromagnetic surveys is recommended to define the extent of the sulphide zone and to locate drill collar positions to best test this zone. Follow-up work on and to the north of the Coaxtlahuacan Norte grid located a quartz-feldspar-biotite porphyry stock that has zones of intense and pervasive quartz-sericite-pyrite alteration associated with disseminated and stockwork copper mineralization. This style of mineralization is a new discovery on the property and reinforces management's belief in the potential for the area to host significant copper-gold deposits. Further work, including an extension of the soil grid to cover the porphyry, induced polarization geophysical surveys and geological mapping, is recommended prior to drilling this target. An investigation of very strong silver-lead-zinc anomalies on the San Isidro grid, in areas underlain by Morelos formation limestones, indicates that there is potential for locating chimney and manto or carbonate replacement deposits there. In addition, an examination of a series of oxide lead-zinc-silver occurrences, also hosted in limestone, and located to the south of the grid indicate that there is potential for this style of mineralization over an area in excess of 1,000 hectares. A program of detailed rock sampling, geological mapping and geophysics is recommended for this area prior to drill testing. The Company intends to proceed with the recommended follow-up work as soon as possible. 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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