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PERRIERI OFFICE SUITES, C2-302, Level 3, Office Block C, La Croisette, Grand Baie 30517, Mauritius ALPHAMIN ANNOUNCES MPAMA SOUTH PRODUCTION MILESTONE

Corporate Updates

NEWS RELEASE

C/o ADANSONIA MANAGEMENT SERVICES LIMITED, Suite 1,

PERRIERI OFFICE SUITES, C2-302, Level 3, Office Block C,

La Croisette, Grand Baie 30517, Mauritius

ALPHAMIN ANNOUNCES MPAMA SOUTH PRODUCTION MILESTONE

MAURITIUS – May 27, 2024 – Alphamin Resources Corp. (AFM:TSXV, APH:JSE

AltX)( “Alphamin” or the “Company”) is pleased to announce a major milestone at Mpama

South.

The new Mpama South processing facility has been producing tin concentrate to sales

specification since 14 May 2024. The tin grade of the feed ore was increased from 17 May

2024 following which the focus has been on achieving consistent throughput and producing to

targeted processing recoveries. The processing facility has produced 159 tonnes of contained

tin from 17 May 2024. The facility is now operating at targeted processing recoveries and

continues to produce high-grade concentrate to sales specification.

1. Horizontal belt filter - high-grade concentrate

2. Concentrate drier, bagging plant and Mpama South concentrate product

_________________________________________________________________________________________

FOR MORE INFORMATION, PLEASE CONTACT:

Maritz Smith

CEO

Alphamin Resources Corp.

Tel: +230 269 4166

E-mail: [email protected]

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.