Alphamin Resources announces that it has raised funds through a placement to finance the continued development of its Bisie tin project in the North Kivu Province of the Democratic Republic of the Congo (DRC).
The company raised around C$56m.
The project has mineral resource estimate of 19,600t of tin in measured mineral resources, 188,400t tin of indicated mineral resource, and 22,800t of tin in inferred mineral resources category.
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