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Tin Explorers

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Positive economics confirmed in Rentails DFS update

Post By: Tom Mulqueen on Friday, 07 July 2017

Metals X has announced positive results from an updated DFS for its 50%-owned Rentails tailings retreatment project, adjacent to the operating Renison tin mine in Tasmania.

The Rentails project is focussed on the reprocessing of some 21.6 million tonnes of historical tailings from the Renison tin mine, with average grades of 0.45% Sn and 0.23% Cu, or 97,200 tonnes of tin and 49,700 tonnes of copper. The updated DFS scenario proposes annual production of 5,400 tonnes of tin and 2,200 tonnes of copper, using flotation and...

Alphamin plan US$38 million equity fundraising

Post By: Tom Mulqueen on Friday, 16 June 2017

Alphamin Resources Corp. (AFM: TSXV) has announced plans for a private placement with which it hopes to raise approximately US$38 million to fund further construction activities at its 82.5% owned Bisie Tin Project in North Kivu, Democratic Republic of Congo,

The company plans to issue 146,500,000 Units consisting of one common share of the company and half of one common share purchase warrant for total proceeds of approximately US$38.0 million. 81,454,000 Units will be issued in a private...

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