Mr. Cosme Varela reports

ANNA STYLIANIDES APPOINTED TO ALPHAMIN BOARD OF DIRECTORS, GRANTED STOCK OPTIONS AND PURCHASES SECURITIES; OTHER MANAGEMENT APPOINTMENTS

Alphamin Resources Corp. has appointed Anna Stylianides as a director of the company, in place of Cam Richardson who has resigned. Management would like to thank Mr. Richardson for his contributions to the company.

Ms. Stylianides began her career in corporate law by joining the firm of Webber Wentzel Attorneys in 1990 after graduating from the University of the Witwatersrand in Johannesburg. In 1992 she joined Investec Merchant Bank Ltd. where she specialized in risk management, and gained experience in the areas of corporate finance and structured finance, mergers and acquisitions, structuring, specialized finance, and other banking and financial services transactions. She was also involved in designing and structuring of financial products for financial institutions and corporations. She has been a director of and has been engaged in the financial restructuring of certain Nasdaq publicly traded companies, and has knowledge of Canadian and SEC securities regulations. In recent years Ms. Stylianides was the chief executive officer of FinTec Holdings Corp., a company specializing in structuring and implementing corporate and structured finance transactions in the mining and bioscience sectors. In September, 2005, Ms. Stylianides joined the Surgical Spaces. Inc group of companies as director and CEO, and oversaw its national expansion strategy to become one of Canada's private health care consolidators prior to its sale to Centric Health Corp. in late 2010. Ms. Stylianides currently is the chair of the board of directors of Greystar Resources Ltd., and is a director of Callinan Mines Ltd., as well as various institutions such as the Kaiser Foundation and the Fraser Institute. In conjunction with her appointment, Ms. Stylianides has been granted a stock option to purchase up to 300,000 shares at 48 cents per share for a period of five years, which will be subject to resale restrictions expiring on Oct. 9, 2011. In addition, subject to regulatory approval, she will be purchasing 200,000 units of the company at 48 cents per unit, each unit consisting of one share of the company and one warrant to buy one share for a period of two years at 60 cents. In addition to the appointment of Ms. Stylianides, Sheryl Jones has been appointed chief financial officer (in place of Mr. Richardson), Peter Rook-Green has been appointed treasurer and James Harris has been appointed corporate secretary.