Alphamin Reports Fatality At Mpama South Underground Mine

Grand Baie, Dec. 25, 2025 - Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX) (the "Company" or "Alphamin") deeply regrets to report that an employee of operating subsidiary Alphamin Bisie Mining S.A. ("ABM") was fatally injured at its Mpama South underground mine in east-central Democratic Republic of the Congo.

On 24 December at approximately 18:00 local time, following the scheduled evacuation of the underground areas for the planned night shift blast, an incident occurred involving one of ABM's employees while in the process of connecting blasting wires. The blast detonated unexpectedly, resulting in fatal injuries to the blaster. The safety and wellbeing of its employees are the Company's and ABM's top priority and the Board is deeply saddened by this loss. Alphamin extends its condolences to the grieving family, friends and colleagues of the deceased who have been impacted by this tragic accident.

The relevant authorities were notified and ABM will conduct a thorough investigation to determine the exact cause of the incident. Mining activities were temporarily suspended and have since restarted following a visit from the relevant local authority.

FOR MORE INFORMATION, PLEASE CONTACT:

Martiz Smith
Chief Executive Officer
Alphamin Resources Corp.
Tel: +230 269 4166
E-mail: msmith@alphaminresources.com

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