Alphamin guides Q2 EBITDA to US$167 million

Grand Baie, MAURITIUS, July 13, 2026 (GLOBE NEWSWIRE) -- Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX)( “Alphamin” or the “Company”), is pleased to provide the following update for the quarter ended June 30, 2026:       Record EBITDA 2, 3 guidance of US$167m, up 6% from the prior quarter       Tin production of 5,013 tonnes and 5,014 tonnes of Tin sold       Exploration update Operational and Financial Summary for the Quarter ended June 2026 1 __________________________________________________________________________________________                         1 Information is disclosed on a 100% basis. Alphamin indirectly owns 84.14% of its operating subsidiary to which the information relates . 2 Q2 2026 EBITDA and AISC represent management’s guidance. 3 This is not a standardized financial measure and may not be comparable to similar financial measures of other issuers. See “Use of Non-IFRS Financial Measures” below for the composition and calculation of this financial measure.

Apparent computational errors due to rounding are not considered significant. Operational and Financial Performance Contained tin production of 5,013 tonnes for the quarter ended June 2026 was in line with the target guidance of 20,000 tonnes per annum and that of the previous period. Tin sales of 5,014 tonnes were achieved compared to 5,016 in Q1 2026, resulting in the first four-quarter rolling period of 20,000 tonnes achieved.

Processing recoveries dipped 2% from 74.2% in Q1 2026, to 72.8% in Q2 2026.  The metal sulphides in the current mining area are above average levels, and this resulted in excessive near gravity material interfering with the efficie