ALPHAMIN PROVIDES Q3 2025 OPERATIONAL UPDATE

Core Viewpoint - Alphamin Resources Corp. reported a strong operational update for Q3 2025, highlighting increased tin production and sales, improved EBITDA guidance, and ongoing exploration efforts, despite facing security concerns in the region [1]. Operational and Financial Performance - Contained tin production for Q3 2025 was 5,190 tonnes, aligning closely with the target of 5,000 tonnes and representing a 26% increase from the previous quarter [4][10]. - Contained tin sales reached 5,143 tonnes, reflecting a 12% increase compared to the prior period [10]. - The average tin price achieved was US$33,877 per tonne, which is 4% higher than the previous quarter, with current trading around US$37,000 per tonne [5]. - The All-In Sustaining Cost (AISC) per tonne of tin sold was estimated at US$15,900, a 3% decrease from Q2 2025 [6]. - EBITDA guidance for Q3 2025 is set at US$96 million, marking a 28% increase from the previous quarter's actual of US$75 million [7][10]. - The company expects to produce approximately 5,000 tonnes of contained tin in the final quarter of FY2025, raising the annual production guidance to between 18,000 and 18,500 tonnes [7][10]. Cash Position - As of September 30, 2025, the company had US$57 million in cash, down from US$110 million at the end of June 2025, due to tax payments, dividend distributions, and a reduction in overdraft [8]. Exploration Update - Exploration drilling at Mpama North and Mpama South resumed in Q4 2024, with significant assay results received [11]. - The exploration strategy aims to increase the resource base and discover new tin deposits [16]. - Notable drill results include intercepts of 24.13 metres at 2.43% Sn and 33.28 metres at 16.83% Sn from various drill holes [17][19]. Security Update - The company noted an increase in security events near the Massisi and Walikale territories, although its operations remain unaffected as the mine is located approximately 200 kilometers away from these incidents [21].