# Alphamin Announces CAD$0.13 per Share Interim FY2026 Dividend/ Q3 Guidance/Exploration Update

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174

Original source: https://senspdf.jse.co.za/documents/SENS_20261006_S604428.pdf

Publisher: jse

Original announcement: 2026-10-06T15:35:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-06T16:06:49.634Z

Atlas analysis updated: 2026-10-06T16:06:49.634Z

- Company: Alphamin Resources Corp.

- Ticker: AFM

- Exchange: JSE

- Region: Democratic Republic of the Congo

- Primary commodity: Tin

- Secondary commodities: None reported

- Document categories: Drill results, Production, Other, Metallurgy

- Extracted: 2026-10-06 16:06:50 UTC

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas summary

Alphamin Resources Corp. announced an interim FY2026 dividend of CAD$0.13 per share and provided a Q3 2026 operational update. The company reported consistent tin production and sales, with an increase in AISC. A highlight was an exceptional drill intercept at Mpama South, returning 19.29 metres grading 5.76% tin, the widest and highest-grade result in the current resource expansion program to date.

Reasoning: The company announced an exceptional high-grade tin intercept at Mpama South, consistent Q3 production in line with guidance, and declared an interim dividend, though it noted an increase in AISC and some drilling challenges.

- Positive factor: consistent\_production

- Positive factor: dividend\_declared

- Positive factor: exceptional\_drill\_intercept

- Negative factor: apparent\_width\_only

- Negative factor: drilling\_challenges

- Negative factor: rising\_costs

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 32

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release includes detailed QA/QC disclosure, mentioning certified reference materials, blank samples, and specific assay methods by ALS Johannesburg.

Evidence · text

> Appendix 1: SAMPLE PREPARATION, ANALYSES AND QUALITY CONTROL AND QUALITY ASSURANCE \(QAQC\)... various certified reference material and blank samples \(QAQC\). No significant issues with the QAQC samples were noted. At the on-site ABM laboratory \(managed by Anchem\)... Received samples at ALS Johannesburg are checked off against the list of samples supplied and logged in the system. Quality Control is performed by way of sieve tests every 50 samples...

**QP/CP Signed**

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The news release states that Mr. Jeremy Witley, Pr.Sci.Nat, and Mr. Clive Brown, Pr. Eng., B.Sc. Engineering \(Mining\), are Qualified Persons as defined in NI 43-101 and have reviewed and approved the scientific and technical information.

Evidence · text

> Mr. Jeremy Witley, Pr.Sci.Nat, is a qualified person \(QP\) as defined in National Instrument 43-101 and has reviewed and approved the exploration-related scientific and technical information contained in this news release. ... Mr. Clive Brown, Pr. Eng., B.Sc. Engineering \(Mining\), is a qualified person \(QP\) as defined in National Instrument 43-101 and has reviewed and approved the remaining scientific and technical information contained in this news release.

**Certified Lab**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The document explicitly names ALS Johannesburg as the laboratory for assay results.

Evidence · text

> certified assay results from ALS

**Apparent Width Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states that all intercepts are reported as apparent widths and are not true widths.

Evidence · text

> All intercepts below are reported as apparent widths and are not true widths.

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept BGH206D2\_T5 of 19.29m at 5.76% Sn is an exceptionally high-grade and wide intercept for tin, exceeding the exceptional threshold of 5% Sn.

Evidence · text

> 19.29m @ 5.76% Sn

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The headline intercept is described as part of a 'resource expansion programme' and other intersections are 'proximal to the existing resource boundary'.

Evidence · text

> widest and highest-grade intercept in the current resource expansion programme at Mpama South to date

**Consistent Production**

Polarity: neutral

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: Contained tin production for the quarter was in line with the prior period and company forecast.

Evidence · text

> Contained tin production of 5,030 tonnes for the quarter ended September 2026 was in line with the prior period and the Company’s forecast guidance of 20,000 tonnes per annum.

**Rising Costs**

Polarity: negative

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: AISC per tonne of tin sold increased by 8% from the prior quarter.

Evidence · text

> Guidance for AISC per tonne of tin sold is US$20,642, up eight percent from the prior quarter.

**Dividend Declared**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The Board has declared an interim FY2026 cash dividend of CAD$0.13 per share.

Evidence · text

> The Board has declared an interim FY2026 cash dividend of CAD$0.13 per share

## Extracted facts

Stored fact records: 32. Some facts used in scoring do not have a stored record.

## Drill Results (31)

### BGH189

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-0)

Mpama South · tin

#### Identity

- Hole ID: BGH189
- Project: Mpama South
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 1.02
- Grade Unit: %
- Intercept: 0.76 m
- From: 322 m
- To: 323 m
- Intercept Depth: 322 m

#### Classification

- Sample Type: drill
- Group ID: BGH189:322-323
- Mining Method: underground

#### Location

- Location: East Zone
- Easting: 582975
- Northing: 9884510
- Elevation: 827 m
- Azimuth: 270 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Tin intercept of 1.02% over 0.76m.

- Positive factor: moderate\_grade

- Negative factor: apparent\_width\_only

- Negative factor: very\_narrow\_width

Evidence · table

> 1.02

Context: 0.76

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### BGH191A

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-1)

Mpama South · tin

#### Identity

- Hole ID: BGH191A
- Project: Mpama South
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 0.95
- Grade Unit: %
- Intercept: 9.04 m
- From: 521 m
- To: 530 m
- Intercept Depth: 521 m

#### Classification

- Sample Type: drill
- Group ID: BGH191A:521-530
- Mining Method: underground

#### Location

- Location: East Zone
- Easting: 583095
- Northing: 9884803
- Elevation: 783 m
- Azimuth: 270 °
- Dip: -60 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Tin intercept of 0.95% over 9.04m.

- Positive factor: moderate\_continuity\_width

- Positive factor: weak\_grade

- Negative factor: apparent\_width\_only

Evidence · table

> 0.95

Context: 9.04

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### BGH191A

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-2)

Mpama South · tin

#### Identity

- Hole ID: BGH191A
- Project: Mpama South
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 1.05
- Grade Unit: %
- Intercept: 0.86 m
- From: 533 m
- To: 534 m
- Intercept Depth: 521 m

#### Classification

- Sample Type: drill
- Group ID: BGH191A:533-534
- Mining Method: underground

#### Location

- Location: East Zone
- Easting: 583095
- Northing: 9884803
- Elevation: 783 m
- Azimuth: 270 °
- Dip: -60 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Tin intercept of 1.05% over 0.86m.

- Positive factor: moderate\_grade

- Negative factor: apparent\_width\_only

- Negative factor: very\_narrow\_width

Evidence · table

> 1.05

Context: 0.86

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### BGH192

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-3)

Mpama South · tin

#### Identity

- Hole ID: BGH192
- Project: Mpama South
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 0.92
- Grade Unit: %
- Intercept: 4.98 m
- From: 533 m
- To: 538 m
- Intercept Depth: 533 m

#### Classification

- Sample Type: drill
- Group ID: BGH192:533-538
- Mining Method: underground

#### Location

- Location: East Zone
- Easting: 583141
- Northing: 9884873
- Elevation: 783 m
- Azimuth: 273 °
- Dip: -68 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Tin intercept of 0.92% over 4.98m.

- Positive factor: narrow\_width

- Positive factor: weak\_grade

- Negative factor: apparent\_width\_only

Evidence · table

> 0.92

Context: 4.98

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### BGH192

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-4)

Mpama South · tin

#### Identity

- Hole ID: BGH192
- Project: Mpama South
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 4.31
- Grade Unit: %
- Intercept: 5.08 m
- From: 540 m
- To: 545 m
- Intercept Depth: 533 m

#### Classification

- Sample Type: drill
- Group ID: BGH192:540-545
- Mining Method: underground

#### Location

- Location: East Zone
- Easting: 583141
- Northing: 9884873
- Elevation: 783 m
- Azimuth: 273 °
- Dip: -68 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Tin intercept of 4.31% over 5.08m.

- Positive factor: narrow\_width

- Positive factor: strong\_grade

- Negative factor: apparent\_width\_only

Evidence · table

> 4.31

Context: 5.08

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### BGH192

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-5)

Mpama South · tin

#### Identity

- Hole ID: BGH192
- Project: Mpama South
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 4.67
- Grade Unit: %
- Intercept: 1.81 m
- From: 547 m
- To: 548 m
- Intercept Depth: 533 m

#### Classification

- Sample Type: drill
- Group ID: BGH192:547-548
- Mining Method: underground

#### Location

- Location: East Zone
- Easting: 583141
- Northing: 9884873
- Elevation: 783 m
- Azimuth: 273 °
- Dip: -68 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Tin intercept of 4.67% over 1.81m.

- Positive factor: strong\_grade

- Negative factor: apparent\_width\_only

- Negative factor: very\_narrow\_width

Evidence · table

> 4.67

Context: 1.81

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### BGH192

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-6)

Mpama South · tin

#### Identity

- Hole ID: BGH192
- Project: Mpama South
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 4.18
- Grade Unit: %
- Intercept: 5.45 m
- From: 552 m
- To: 557 m
- Intercept Depth: 533 m

#### Classification

- Sample Type: drill
- Group ID: BGH192:552-557
- Mining Method: underground

#### Location

- Location: East Zone
- Easting: 583141
- Northing: 9884873
- Elevation: 783 m
- Azimuth: 273 °
- Dip: -68 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Tin intercept of 4.18% over 5.45m.

- Positive factor: narrow\_width

- Positive factor: strong\_grade

- Negative factor: apparent\_width\_only

Evidence · table

> 4.18

Context: 5.45

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### BGH194

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-7)

Mpama South · tin

#### Identity

- Hole ID: BGH194
- Project: Mpama South
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 0.92
- Grade Unit: %
- Intercept: 1.94 m
- From: 489 m
- To: 491 m
- Intercept Depth: 489 m

#### Classification

- Sample Type: drill
- Group ID: BGH194:489-491
- Mining Method: underground

#### Location

- Location: East Zone
- Easting: 583159
- Northing: 9885089
- Elevation: 753 m
- Azimuth: 270 °
- Dip: -68 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Tin intercept of 0.92% over 1.94m.

- Positive factor: weak\_grade

- Negative factor: apparent\_width\_only

- Negative factor: very\_narrow\_width

Evidence · table

> 0.92

Context: 1.94

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### BGH194

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-8)

Mpama South · tin

#### Identity

- Hole ID: BGH194
- Project: Mpama South
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 4.26
- Grade Unit: %
- Intercept: 3.04 m
- From: 494 m
- To: 497 m
- Intercept Depth: 489 m

#### Classification

- Sample Type: drill
- Group ID: BGH194:494-497
- Mining Method: underground

#### Location

- Location: East Zone
- Easting: 583159
- Northing: 9885089
- Elevation: 753 m
- Azimuth: 270 °
- Dip: -68 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Tin intercept of 4.26% over 3.04m.

- Positive factor: narrow\_width

- Positive factor: strong\_grade

- Negative factor: apparent\_width\_only

Evidence · table

> 4.26

Context: 3.04

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### BGH194

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-9)

Mpama South · tin

#### Identity

- Hole ID: BGH194
- Project: Mpama South
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 1.99
- Grade Unit: %
- Intercept: 2.83 m
- From: 498 m
- To: 501 m
- Intercept Depth: 489 m

#### Classification

- Sample Type: drill
- Group ID: BGH194:498-501
- Mining Method: underground

#### Location

- Location: East Zone
- Easting: 583159
- Northing: 9885089
- Elevation: 753 m
- Azimuth: 270 °
- Dip: -68 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Tin intercept of 1.99% over 2.83m.

- Positive factor: moderate\_grade

- Negative factor: apparent\_width\_only

- Negative factor: very\_narrow\_width

Evidence · table

> 1.99

Context: 2.83

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### BGH194

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-10)

Mpama South · tin

#### Identity

- Hole ID: BGH194
- Project: Mpama South
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 1.97
- Grade Unit: %
- Intercept: 0.88 m
- From: 502 m
- To: 503 m
- Intercept Depth: 489 m

#### Classification

- Sample Type: drill
- Group ID: BGH194:502-503
- Mining Method: underground

#### Location

- Location: East Zone
- Easting: 583159
- Northing: 9885089
- Elevation: 753 m
- Azimuth: 270 °
- Dip: -68 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Tin intercept of 1.97% over 0.88m.

- Positive factor: moderate\_grade

- Negative factor: apparent\_width\_only

- Negative factor: very\_narrow\_width

Evidence · table

> 1.97

Context: 0.88

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### BGH196AD1

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-11)

Mpama South · tin

#### Identity

- Hole ID: BGH196AD1
- Project: Mpama South
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 2.1
- Grade Unit: %
- Intercept: 12.94 m
- From: 408 m
- To: 421 m
- Intercept Depth: 408 m

#### Classification

- Sample Type: drill
- Group ID: BGH196AD1:408-421
- Mining Method: underground

#### Location

- Location: East Zone
- Easting: 583166
- Northing: 9885210
- Elevation: 720 m
- Azimuth: 265 °
- Dip: -56 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Tin intercept of 2.10% over 12.94m.

- Positive factor: moderate\_continuity\_width

- Positive factor: strong\_grade

- Negative factor: apparent\_width\_only

Evidence · table

> 2.10

Context: 12.94

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### BGH199

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-12)

Mpama South · tin

#### Identity

- Hole ID: BGH199
- Project: Mpama South
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 1.08
- Grade Unit: %
- Intercept: 0.5 m
- From: 606.5 m
- To: 607 m
- Intercept Depth: 606.5 m

#### Classification

- Sample Type: drill
- Group ID: BGH199:606.5-607
- Mining Method: underground

#### Location

- Location: East Zone
- Easting: 583141
- Northing: 9884873
- Elevation: 783 m
- Azimuth: 275 °
- Dip: -64 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Tin intercept of 1.08% over 0.50m.

- Positive factor: moderate\_grade

- Negative factor: apparent\_width\_only

- Negative factor: very\_narrow\_width

Evidence · table

> 1.08

Context: 0.50

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### BGH203D1

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-13)

Mpama South · tin

#### Identity

- Hole ID: BGH203D1
- Project: Mpama South
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 0.51
- Grade Unit: %
- Intercept: 1.35 m
- From: 578 m
- To: 579 m
- Intercept Depth: 578 m

#### Classification

- Sample Type: drill
- Group ID: BGH203D1:578-579
- Mining Method: underground

#### Location

- Location: East Zone
- Easting: 582958
- Northing: 9884870
- Elevation: 834 m
- Azimuth: 277 °
- Dip: -83 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Tin intercept of 0.51% over 1.35m.

- Positive factor: weak\_grade

- Negative factor: apparent\_width\_only

- Negative factor: very\_narrow\_width

Evidence · table

> 0.51

Context: 1.35

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### BGH204D1

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-14)

Mpama South · tin

#### Identity

- Hole ID: BGH204D1
- Project: Mpama South
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 1.68
- Grade Unit: %
- Intercept: 13.9 m
- From: 524.4 m
- To: 538.3 m
- Intercept Depth: 524.4 m

#### Classification

- Sample Type: drill
- Group ID: BGH204D1:524.4-538.3
- Mining Method: underground

#### Location

- Location: East Zone
- Easting: 583092
- Northing: 9884805
- Elevation: 783 m
- Azimuth: 275 °
- Dip: -66 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Tin intercept of 1.68% over 13.90m.

- Positive factor: moderate\_continuity\_width

- Positive factor: moderate\_grade

- Negative factor: apparent\_width\_only

Evidence · table

> 1.68

Context: 13.90

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### BGH204D1

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-15)

Mpama South · tin

#### Identity

- Hole ID: BGH204D1
- Project: Mpama South
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 0.89
- Grade Unit: %
- Intercept: 0.25 m
- From: 541.23 m
- To: 541.48 m
- Intercept Depth: 524.4 m

#### Classification

- Sample Type: drill
- Group ID: BGH204D1:541.23-541.48
- Mining Method: underground

#### Location

- Location: East Zone
- Easting: 583092
- Northing: 9884805
- Elevation: 783 m
- Azimuth: 275 °
- Dip: -66 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Tin intercept of 0.89% over 0.25m.

- Positive factor: weak\_grade

- Negative factor: apparent\_width\_only

- Negative factor: very\_narrow\_width

Evidence · table

> 0.89

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### BGH206D2\_T5

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-16)

Mpama South · tin

#### Identity

- Hole ID: BGH206D2\_T5
- Project: Mpama South
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 5.76
- Grade Unit: %
- Intercept: 19.29 m
- From: 426.41 m
- To: 445.7 m
- Intercept Depth: 426.41 m

#### Classification

- Sample Type: drill
- Group ID: BGH206D2\_T5:426.41-445.7
- Mining Method: underground

#### Location

- Location: East Zone
- Easting: 583074
- Northing: 9885127
- Elevation: 758 m
- Azimuth: 275 °
- Dip: -75 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Exceptional tin grade over a strong continuity width, representing the widest and highest-grade intercept in the current resource expansion program.

- Positive factor: exceptional\_grade

- Positive factor: moderate\_continuity\_width

- Positive factor: step\_out\_extension

- Negative factor: apparent\_width\_only

Evidence · table

> 5.76

Context: 19.29

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### MNUD001

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-17)

Mpama North · tin

#### Identity

- Hole ID: MNUD001
- Project: Mpama North
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 0.97
- Grade Unit: %
- Intercept: 0.65 m
- From: 36 m
- To: 36 m
- Intercept Depth: 36 m

#### Classification

- Sample Type: drill
- Group ID: MNUD001:36-36
- Mining Method: underground

#### Location

- Location: East Zone
- Easting: 582953
- Northing: 9886224
- Elevation: 477 m
- Azimuth: 270 °
- Dip: 0 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Tin intercept of 0.97% over 0.65m.

- Positive factor: weak\_grade

- Negative factor: apparent\_width\_only

- Negative factor: very\_narrow\_width

Evidence · table

> 0.97

Context: 0.65

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### MNUD002

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-18)

Mpama North · tin

#### Identity

- Hole ID: MNUD002
- Project: Mpama North
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 0.61
- Grade Unit: %
- Intercept: 0.25 m
- From: 31 m
- To: 31 m
- Intercept Depth: 31 m

#### Classification

- Sample Type: drill
- Group ID: MNUD002:31-31
- Mining Method: underground

#### Location

- Location: East Zone
- Easting: 582953
- Northing: 9886224
- Elevation: 478 m
- Azimuth: 271 °
- Dip: 20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Tin intercept of 0.61% over 0.25m.

- Positive factor: weak\_grade

- Negative factor: apparent\_width\_only

- Negative factor: very\_narrow\_width

Evidence · table

> 0.61

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### MNUD003

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-19)

Mpama North · tin

#### Identity

- Hole ID: MNUD003
- Project: Mpama North
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 0.6
- Grade Unit: %
- Intercept: 2.17 m
- From: 55 m
- To: 57 m
- Intercept Depth: 55 m

#### Classification

- Sample Type: drill
- Group ID: MNUD003:55-57
- Mining Method: underground

#### Location

- Location: East Zone
- Easting: 582953
- Northing: 9886224
- Elevation: 479 m
- Azimuth: 270 °
- Dip: 41 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Tin intercept of 0.60% over 2.17m.

- Positive factor: weak\_grade

- Negative factor: apparent\_width\_only

- Negative factor: very\_narrow\_width

Evidence · table

> 0.60

Context: 2.17

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### MNUD003

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-20)

Mpama North · tin

#### Identity

- Hole ID: MNUD003
- Project: Mpama North
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 1.1
- Grade Unit: %
- Intercept: 0.35 m
- From: 73 m
- To: 73 m
- Intercept Depth: 55 m

#### Classification

- Sample Type: drill
- Group ID: MNUD003:73-73
- Mining Method: underground

#### Location

- Location: East Zone
- Easting: 582953
- Northing: 9886224
- Elevation: 479 m
- Azimuth: 270 °
- Dip: 41 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Tin intercept of 1.10% over 0.35m.

- Positive factor: moderate\_grade

- Negative factor: apparent\_width\_only

- Negative factor: very\_narrow\_width

Evidence · table

> 1.10

Context: 0.35

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### MNUD004

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-21)

Mpama North · tin

#### Identity

- Hole ID: MNUD004
- Project: Mpama North
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 0.68
- Grade Unit: %
- Intercept: 0.44 m
- From: 40 m
- To: 40 m
- Intercept Depth: 40 m

#### Classification

- Sample Type: drill
- Group ID: MNUD004:40-40
- Mining Method: underground

#### Location

- Location: East Zone
- Easting: 582953
- Northing: 9886224
- Elevation: 476 m
- Azimuth: 269 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Tin intercept of 0.68% over 0.44m.

- Positive factor: weak\_grade

- Negative factor: apparent\_width\_only

- Negative factor: very\_narrow\_width

Evidence · table

> 0.68

Context: 0.44

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### MNUD008A

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-22)

Mpama North · tin

#### Identity

- Hole ID: MNUD008A
- Project: Mpama North
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 13.63
- Grade Unit: %
- Intercept: 9.3 m
- From: 248 m
- To: 257 m
- Intercept Depth: 248 m

#### Classification

- Sample Type: drill
- Group ID: MNUD008A:248-257
- Mining Method: underground

#### Location

- Location: East Zone
- Easting: 582978
- Northing: 9886230
- Elevation: 475 m
- Azimuth: 85 °
- Dip: -73 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Tin intercept of 13.63% over 9.30m.

- Positive factor: exceptional\_grade

- Positive factor: moderate\_continuity\_width

- Negative factor: apparent\_width\_only

Evidence · table

> 13.63

Context: 9.30

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### MNUD008A

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-23)

Mpama North · tin

#### Identity

- Hole ID: MNUD008A
- Project: Mpama North
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 3.65
- Grade Unit: %
- Intercept: 7.2 m
- From: 259 m
- To: 267 m
- Intercept Depth: 248 m

#### Classification

- Sample Type: drill
- Group ID: MNUD008A:259-267
- Mining Method: underground

#### Location

- Location: East Zone
- Easting: 582978
- Northing: 9886230
- Elevation: 475 m
- Azimuth: 85 °
- Dip: -73 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Tin intercept of 3.65% over 7.20m.

- Positive factor: strong\_grade

- Negative factor: apparent\_width\_only

- Negative factor: very\_narrow\_width

Evidence · table

> 3.65

Context: 7.20

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### MNUD008A

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-24)

Mpama North · tin

#### Identity

- Hole ID: MNUD008A
- Project: Mpama North
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 3.54
- Grade Unit: %
- Intercept: 8.04 m
- From: 269 m
- To: 277 m
- Intercept Depth: 248 m

#### Classification

- Sample Type: drill
- Group ID: MNUD008A:269-277
- Mining Method: underground

#### Location

- Location: East Zone
- Easting: 582978
- Northing: 9886230
- Elevation: 475 m
- Azimuth: 85 °
- Dip: -73 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Tin intercept of 3.54% over 8.04m.

- Positive factor: moderate\_continuity\_width

- Positive factor: strong\_grade

- Negative factor: apparent\_width\_only

Evidence · table

> 3.54

Context: 8.04

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### MNUD009

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-25)

Mpama North · tin

#### Identity

- Hole ID: MNUD009
- Project: Mpama North
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 41.47
- Grade Unit: %
- Intercept: 10.1 m
- From: 236 m
- To: 246 m
- Intercept Depth: 236 m

#### Classification

- Sample Type: drill
- Group ID: MNUD009:236-246
- Mining Method: underground

#### Location

- Location: East Zone
- Easting: 582977
- Northing: 9886235
- Elevation: 477 m
- Azimuth: 68 °
- Dip: -74 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Tin intercept of 41.47% over 10.10m.

- Positive factor: exceptional\_grade

- Positive factor: moderate\_continuity\_width

- Negative factor: apparent\_width\_only

Evidence · table

> 41.47

Context: 10.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### MNUD009

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-26)

Mpama North · tin

#### Identity

- Hole ID: MNUD009
- Project: Mpama North
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 14.72
- Grade Unit: %
- Intercept: 8.65 m
- From: 249 m
- To: 258 m
- Intercept Depth: 236 m

#### Classification

- Sample Type: drill
- Group ID: MNUD009:249-258
- Mining Method: underground

#### Location

- Location: East Zone
- Easting: 582977
- Northing: 9886235
- Elevation: 477 m
- Azimuth: 68 °
- Dip: -74 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Tin intercept of 14.72% over 8.65m.

- Positive factor: exceptional\_grade

- Positive factor: moderate\_continuity\_width

- Negative factor: apparent\_width\_only

Evidence · table

> 14.72

Context: 8.65

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### MNUD009

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-27)

Mpama North · tin

#### Identity

- Hole ID: MNUD009
- Project: Mpama North
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 1.75
- Grade Unit: %
- Intercept: 1.82 m
- From: 263 m
- To: 265 m
- Intercept Depth: 236 m

#### Classification

- Sample Type: drill
- Group ID: MNUD009:263-265
- Mining Method: underground

#### Location

- Location: East Zone
- Easting: 582977
- Northing: 9886235
- Elevation: 477 m
- Azimuth: 68 °
- Dip: -74 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Tin intercept of 1.75% over 1.82m.

- Positive factor: moderate\_grade

- Negative factor: apparent\_width\_only

- Negative factor: very\_narrow\_width

Evidence · table

> 1.75

Context: 1.82

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### MNUD009

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-28)

Mpama North · tin

#### Identity

- Hole ID: MNUD009
- Project: Mpama North
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 2.64
- Grade Unit: %
- Intercept: 3.42 m
- From: 266 m
- To: 270 m
- Intercept Depth: 236 m

#### Classification

- Sample Type: drill
- Group ID: MNUD009:266-270
- Mining Method: underground

#### Location

- Location: East Zone
- Easting: 582977
- Northing: 9886235
- Elevation: 477 m
- Azimuth: 68 °
- Dip: -74 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Tin intercept of 2.64% over 3.42m.

- Positive factor: narrow\_width

- Positive factor: strong\_grade

- Negative factor: apparent\_width\_only

Evidence · table

> 2.64

Context: 3.42

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### MND056AD1\_T1

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-29)

Mpama North · tin

#### Identity

- Hole ID: MND056AD1\_T1
- Project: Mpama North
- Commodity: tin
- Region: south\_africa
- Reported Region: south\_africa
- Ticker: AFM

#### Geometry

- Grade: 0.72
- Grade Unit: %
- Intercept: 0.81 m
- From: 567.63 m
- To: 568.44 m
- Intercept Depth: 567.63 m

#### Classification

- Sample Type: drill
- Group ID: MND056AD1\_T1:567.63-568.44
- Mining Method: underground

#### Location

- Location: East Zone
- Loc. Confidence: low
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Johannesburg
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Tin intercept of 0.72% over 0.81m.

- Positive factor: weak\_grade

- Negative factor: apparent\_width\_only

- Negative factor: very\_narrow\_width

Evidence · text

> 0.81m @ 0.72% ALS Assay from 567.63m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 31

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-drill-facts-31)

#### Identity

- Ticker: AFM

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Declaration of an interim dividend of CAD$0.13 per share, totaling approximately US$120 million, indicates strong financial performance and shareholder returns.

- Positive factor: dividend\_declared

Evidence · text

> Interim FY2026 cash dividend of CAD$0.13 per share on the common shares \(approximately US$120 million in the aggregate\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## Metallurgical Results (1)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/alphamin-announces-cad-0-13-per-share-interim-fy2026-dividend-q3-guidance-explor--75f60e1a-8f1d-4ecd-bb88-4da3b0b00174#fact-metallurgical-facts-30)

Mpama South

#### Identity

- Project: Mpama South
- Ticker: AFM

#### Recovery

- Recovery: 72.9 %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Q3 2026 production and sales were consistent with prior periods and guidance, supported by strong EBITDA, though AISC increased.

- Positive factor: consistent\_production

- Positive factor: strong\_ebitda

- Negative factor: rising\_costs

Evidence · table

> 5,030

Context: 213,454

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.