SMART INVESTMENT IN DRC TO MEET GROWING DEMAND FOR WORLD-CLASS TIN

BORIS KAMSTRA CHIEF EXECUTIVE OFFICER

ALPHAMIN RESOURCE CORP.JUNIOR INDABA CONFERENCE 2016

DISCLAIMER

The statements made in this presentation which are not historical facts contain certain forward-looking statementsconcerning potential developments affecting the business, prospects, financial condition and other aspects of theCompany to which this presentation pertains. The actual results of the specific items described in this presentation, andthe Company’s operations generally, may differ materially from what is projected in such forward-looking statements.Although such statements are based upon the best judgments of management of the Company as of the date of thispresentation, significant deviations in magnitude, timing and other factors may result from business risks anduncertainties including, without limitation, the Company’s dependence on third parties, general market and economicconditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which arebeyond the control of the Company. The Company does not warrant the accuracy, currency or completeness of theinformation with respect to forward-looking statements contained in this presentation, nor the future performance of theCompany.

Such risks and uncertainties are described in periodic filings made by Alphamin Resources Corp. with Canadiansecurities regulators and authorities. The Company disclaims any obligation to update information contained in anyforward-looking statement.

This presentation contains only a brief overview of Alphamin Resources Corp. and its activities and operations. Thecontents of this presentation (including matters relating to the geology of Alphamin’s projects), may rely on variousassumptions and subjective interpretations which is not possible to detail in this presentation and which may not havebeen subject to any independent verification. To the maximum extent permitted by law, the Company and its officers,employees and advisers are not liable for any loss or damage (including, without limitation, any direct, indirect orconsequential loss or damage) suffered by any person directly or indirectly as a result of relying on this presentation orotherwise in connection with it.

This presentation is not intended to be an offer for subscription, invitation, solicitation or recommendation with respectto securities in the Company in any jurisdiction including the United States. No securities in the Company have beennor will be registered under the U.S. Securities Act of 1933 as amended. This presentation does not constitute anadvertisement for an offer or proposed offer of securities under U.S. law or any other law and is for general informationpurposes only.

The mineral resource estimates referenced in this presentation are estimates only and no assurance can be given thatany proven or probable reserves will be discovered or that any particular level of recovery of minerals will in fact berealized or that an identified reserve or resource will ever qualify as a commercially mineable (or viable) deposit whichcan be legally and economically exploited. Mineral resources that are not mineral reserves do not have demonstratedeconomic viability. In addition, the grade of mineralisation which may ultimately be mined may differ from that indicatedby drilling results and such differences could be material. Production can be affected by such factors as permittingregulations and requirements, weather, environmental factors, unforeseen technical difficulties, unusual or unexpectedgeological formations and work interruptions. Discussions of our mineral resource estimates should not be interpretedas assurances of commercial viability or potential or of the profitability of any future operations.Qualified Persons

The following “Qualified Persons” as defined in National Instrument 43-101 (NI 43-101) Standards of Disclosure of

Mineral Project have reviewed and approved the relevant scientific and technical information contained in thisCorporate Presentation and and consented to it being filed with any stock exchange and other regulatory authority

¡ Mr. J.C. Witley (BSc Hons, MSc (Eng)) is a Principal Mineral Resource Consultant for The MSA Group, anindependent geological consulting company to Alphamin and has reviewed and approved the scientific andtechnical information contained in Slides 7 – 10 of this Presentation.

¡ Mr. Andrew Pooley (B.Eng. (Hons) (Eng.)) is the Managing Director of Bara Consulting, an independent minedesign consulting company to Alphamin and has reviewed and approved the scientific and technical informationcontained in slide 11 (lhs) of this Presentation.

¡ Mr. Roger Gordon Leighton (MSc (Eng), FSAIMM) is a Lead Process Engineer of MDM Technical Africa (Pty)Ltd,, an independent company to Alphamin and has reviewed and approved the scientific and technicalinformation contained in slide 11 (rhs)of this Presentation

TODAY’S AGENDA

A new tin producer

Project metrics Tin market Project history DFS inputs &

outputs

The beginning

of a tin producing province

GLOBAL TIN PROJECTS

0

100 000

200 000

300 000

400 000

500 000

0,0

1,0

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5,0

Grade Contained tin

4.49%

Grad

e %Sn

Reso

urce

Con

taine

d Tin

tonne

s

BISIE PROJECT

Regional location Bisie project area

Dar es Salaam

Mombasa

GomaMpama North

drill pads

Mpama South drill pads

Exploration camp

Manoire village

Process plant

Underground mine

Construction camp

Access road

1km

TRANSITION FROM EXPLORER TO TIN MINER

Corporate overviewChairman Charles Needham is the Chairman of the Board and has been involved in the DRC mining

industry for 10 years. Charles is also the Chairman of Ruashi Mining and Kinsenda Copper Company

Chief Executive Officer Boris has been involved in the DRC mining industry for 12 years and has extensive

experience in establishing diamond operations in remote locations

Chief Financial Officer

Eoin O’Driscoll has been involved in the DRC mining industry for 6 years with extensive experience in the gold mining sector

Chief Operating Officer Trevor Faber has been involved in the DRC mining industry for 10 years and has

experience in establishing 2 major copper mines in Katanga

Strategic Growth Officer

Mark Gasson has been involved in the DRC mining industry for 12 years. He has held senior positions with a number of Australian, Canadian and international mining companies operating in Africa where he was responsible for the discovery 1Mt of copper in DRC, >200kt tin in DRC, and >2Moz of gold in Tanzania and DRC.

Managing Director ABM

Richard Robinson has has senior level experience with a particular focus on managing political and social risk as an executive and adviser in DRC mining projects, with the U.S. Agency for International Development for the last 13 years. Richard has a Doctorate of Education in which he studied successful entrepreneurship in central and southern Africa. Richard was born in the DRC and is a permanent resident living full-time in North Kivu

Major Shareholders

Tremont Master Holdings 43%

Malaysia Smelting Corporation 5%

Industrial Development Corporation (15% Shareholder in ABM –project company)

Shareholders who need Sn

Malaysia Smelting Corporation

Traxys

Capital Structure

Shares in issue 380million

Share price 18c CAD

Market capitalisation US$53 million

Strategic Partners

Government of DRC

Malaysia Smelting Corporation

Industrial Development Corporation

Board and management team

BISIE PROJECT GEOLOGY

Mpama North

High grade intersects shown, which are not representative of the deposit as a whole.

Mineralisation focused within a high grade chute which

plunges at 40 degrees to the north

At Mpama North tin mineralisation has been

delineated through drilling down to 550m below surface

and down plunge to 720m

High grade mineralisation within two chutes which

appear to coalesce at depth

The Main Vein zone generally occurs over thicknesses of between 2m & 22m with an

average thickness of approximately 9m

High grade chute is open down plunge

Best intersections to date from deep drilling• 16.01m @ 22.5% Sn from 387.45m • 12.5m @ 10.93% Sn from 336.7m• 13.6m @ 7.59% Sn from 534.4m

Highest grade intersections at depth

Long section showing chute geometry, high grade intercepts and mineralisation open at depth

ALPHAMIN’S MINERAL RESOURCE BASE

Within Mining Permit PE13155

• Mpama South – positive drill results to date

• Mpama North Deeps – ore body is open at depth with improving grades

PR10346

• Soil geochemical anomalies –exploration underway

Classification Tonnes(millions)

Sn %

Sn tonnes(thousands)

Measured 0.46 4.31 19.6

Indicated 4.14 4.55 188.4

Inferred 0.54 4.25 22.8

Mpama North Mineral Resource @0.5% Cut-off Grade

Exploration – Mineral Resource Growth Potential

BISIE PROJECT UPSIDEBLUE SKY

Mpama Deeps Mpama South Regional targets§ Well developed tin and

copper in soil anomalies along 15km of the Bisie Ridge

§ Tin mineralization strongly associated with copper, arsenic, lead, zinc and silver

§ Significant Sn/Cu/Pb/Zn/As soil anomalies defined over 15km of Bisie Ridge

§ Cassiterite (SnO2) identified in pitting on adjacent PR 10346

§ Tin potentially hosted within same geological setting as Mpama North

§ Limited drilling at Mpama South§ Significant grades include: § 32m @ 2.46% Sn from 192.2m § 6.7m @ 2.34% Sn from 146m§ Mineralisation hosted in same chlorite schist as at MN§ Mineralisation potentially within a similar high grade plunging chute

§ High grade chute continues & open down plunge§ Best intersections at depth on northern drill line§ Significant grades include:

§ 16.01m @ 22.5% Sn from 387.45m § 12.5m @ 10.93% Sn from 336.7m§ 13.6m @ 7.59% Sn from 534.4m

§ Grades improving with depth

BISIE PROJECT FEASIBILITY STUDY MINING AND PROCESS METHODS

Mining by sublevel caving methods Process flow sheet follows standard gravity separation methods

Succefully piloted using full-scale equipment.

BISIE PROJECT FEASIBILITY STUDY RESULTS

¡ Probable Mineral Reserves 3.04Mt @ 3.76%SnAs part of the Indicated Mineral resources

¡ Tin output per annum 9,000t

¡ Life of mine 10 years

¡ Capital investment US$119.3 million

¡ Tin price used for study US$14,800/t Sn

¡ NPV @ 15% discount rate US$84.7 million

¡ IRR 36.4%

¡ All-in cost of production US$8,448/t Sn

Economic Sensitivities

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-20% -10% Base case 10% 20%Pr

ojec

t NPV

at 15

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iscou

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Revenue Operating costs Capital costs

Key Economic Performance Indicators @$14,800/tSn

THE ELEPHANT(S) IN THE ROOM

Binary risk with no redemption • Loss of life• Exploration risk• Loss of tenure

Redeemable risk• Perceptions• Cash flow disruption or cost• Production or logistics challenges

Managing and mitigating two distinct kinds of risks

Smart investment based on sound risk assessment

A BRIGHT FUTURE AWAITS

• Develop Mpama North 2017 to 2018

• Operate mine and plant at output of 9,000t Sn per annum from 2019 to 2027

Phase 1

• Develop Mpama South 2025 to 2026

Phase 2

• Develop Mpama Deeps 2028 to 2031

Phase 3

• All future expansions are expected to be self funded

SOCIAL LICENSE TO OPERATE

WHAT ARE THE NEXT STEPS ON OUR JOURNEY?

Roll out of community development projects• Process of

surveying 1400 families in Extended Bisie range

On-going exploration on

PR's

Constructing light vehicle access road • Labour intensive

process • Forms the

foundation for final road

Start mine infrastructure • Return airway

drive

Appoint EPCM • Detailed

design

Capital raise to begin

construction commence in all earnest in

2017

BUILDING THE ROAD TO PROSPERITY

ALPHAMINA NEW TIN PRODUCER WITH A FRESH APPROACH

Alphamin is a pioneering tin exploration and mining

business with the vision to be respected in the international tin mining sector, unleashing the full profit and potential of its world-

class tin asset in North Kivu, DRC

Alphamin is committed to contributing to the stability and economic activity in North Kivu, bringing significant benefit to the

community and other stakeholders alike

Alphamin will be a new viable and scalable tin producer offering

long-term supply

The Bisie operation will supply conflict-free tin from eastern

Democratic Republic of Congo

The Alphamin operation will be the manifestation of what conflict mineral legislation aimed to

achieve

Alphamin has the expertise, resolve and determination to

overcome the challenges on the way to delivering a lucrative tin mining operation in North Kivu

READY TO DELIVER AMBITIOUS AIMS

Be at steady state

production in 2018

Majority of staff DRC nationals

Producing ~9kt ton Sn in +60% con

Increasing local

businesses supporting

mine

EXPERTISE TO OVERCOME CHALLENGES AND UNLOCK POTENTIAL

THE RESOLVE TO SUCCEED

FROM HERE ON OUT THINGS ONLY GET BETTER

ANY QUESTIONS?