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AFM.V ·

Alphamin Grants Stock Options

Share Capital & Compensation

Suite 381, R 142 - 757 West Hastings Street, Vancouver, B.C. V6C 1A1 Tel: (604) 687-4432 Fax: (604) 687-4709 www.alphaminresources.com

News Release 2011-04

ALPHAMIN GRANTS STOCK OPTIONS

Vancouver, Canada – April 7, 2011 – Alphamin Resources Corp. (AFM: TSXV) wishes to announce that it has granted options pursuant to its Stock Option Plan to purchase up to 3,100,000 shares at $0.40 per share for a period of five years, which will be subject to resale restrictions expiring on August 8, 2011.

ON BEHALF OF THE BOARD OF DIRECTORS

“Cosme Maria Beccar Varela”

Cosme Maria Beccar Varela, President and CEO

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this News Release.