Alliance Mining Reports Drilling Complete on Packsack Property, Bisset, Manitoba
Momentum Public Relations
Press Release: April 26 2018
Alliance Mining Corp. (TSX-v: ALM) (“Alliance” or the “Company”) is pleased to report that drilling is complete on its Packsack property, part of the Red Rice Lake gold project. All drill core has been logged and core sawing/sampling is presently underway. Core size was NQ.
The program was completed with four drill holes totaling 792.9 meters. Locations (UTM NAD83 Zone 15) and drill hole orientations are tabulated below. All technical objectives of the program were accomplished.
Drill Hole # | Collar Coordinates | Orientation | Total Depth |
PK-18-1 | 310061E / 5652811N | -55° / 205°az | 80ft / 24.4m |
PK-18-2 | 310018E / 5652760N | -65° / 205°az | 1247ft / 380.1m |
PK-18-3 | 310037E / 5652739N | -70° / 180°az | 887ft / 270.4m |
PK-18-4 | 310001E / 5652695N | -48° / 220°az | 387ft / 118.0m |
Drill hole PK-18-1 was abandoned without casing into bedrock when unexpectedly deep overburden was encountered along the north side of the Red Rice Lake topographic lineament, which lies immediately north of the Packsack vein systems. Drilling was then shifted to the south side of the lineament. Drill setup locations along the south side of the lineament are constrained by beaver ponds, underground drifts/crosscuts and rock dumps. Future drilling from the north side of the lineament will start with HQ to ensure casing to bedrock.
Drill hole PK-18-2 was drilled beneath the Packsack veins and underground drifts/crosscuts. This drill hole intersected sericite-altered and quartz-veined feldspar porphyry dike mineralized with 1% pyrite at 104.84 to 110.48m, as well as chlorite-altered and quartz-veined mafic dike mineralized with 2% pyrite at 113.35 to 126.42m. These sections are believed to be en echelon northerly extensions of the Packsack vein systems. Core angles of 35 to 40° suggest true widths will be approximately 60% in these sections (see photograph below).
To view the graphic in its original size, please click here
PK-18-2 also intersected sericite-altered and quartz-veined dacite volcanics with 1% pyrite at 316.73 to 318.11m and at 328.57 to 356.20m. Core angles averaging 20° suggest true widths of about 35% in these sections. These intersections are believed to be the down-plunge extension of the Tine veins, which outcrop about 300m south of the Packsack shaft. The Tine veins were not a primary target of this program (see photograph below).
To view the graphic in its original size, please click here
Drill hole PK-18-3 was intended to test for a possible east to northeasterly plunge of the Packsack vein systems. This drill hole intersected sericite-altered quartz-veined dacite volcanics with 2% pyrite at 159.58 to 161.95m. Core angles of 30° suggest 50% true width. This drill hole suggests that the Packsack vein systems do not plunge significantly to the east or northeast, consistent with observations of a possible northerly en echelon pattern from hole PK-18-2.
Drill hole PK-18-4 was intended to intersect the Big Dome vein between the -125ft (38m) level and -250ft (76m) drifts/crosscuts, in order to provide gold grade/width data on the portion of the vein which was explored by underground exploration in the 1930s. This drill hole intersected sericite-altered and silicified dacite volcanics with minor pyrite at 38.10 to 46.33m (true width 70%), likely the Hargreaves vein. The Big Dome vein was intersected from 56.80 to 65.38m and was characterized by a 50% mix of quartz-calcite-ankerite-tourmaline veining with 1% pyrite and sericite-altered mafic dike wallrock with 3% pyrite. Core angles on the Big Dome vein varied widely but averaged 30° suggesting a 50% true width (see photo below). Variable sericite alteration and quartz-calcite-ankerite-tourmaline veining continued in both altered dacite and altered mafic dikes with 1 to 2% pyrite at 65.38 to 90.09m and 112.61 to 115.59m with core angles averaging 45° suggesting 70% true widths.
To view the graphic in its original size, please click here
“These geological/mineralogical characteristics are indicative of a very promising environment for gold exploration,” stated consulting geologist William Hood.
Alliance Mining has an option to acquire 100 per cent of the Red Rice Lake property located in the centre of the Bissett gold camp in Manitoba. The property is located close to the town of Bissett, Man., and just four kilometres south from Klondex Mines’ True North gold mine. The Red Rice Lake gold property claims are located within the Archean Rice Lake greenstone belt in southeastern Manitoba. This belt forms part of the Uchi sub province that includes the Red Lake and Pickle Lake belts in Northwestern Ontario.
Alliance is actively seeking to expand its presence in the Bissett Gold camp through future property acquisitions and/or potential joint venture exploration partnerships with neighbouring companies.
William C. Hood, P.Geo, a qualified person as defined by National Instrument 43-101, is responsible for the technical information contained in this news release.
ON BEHALF OF THE BOARD
Mr Christopher Anderson
President, CEO and Director
FOR FURTHER INFORMATION PLEASE CONTACT:
Alliance Mining Corp.
(604) 488-3900
Investor Relations:
Antony Claydon: 604-445-5421
E-mail: ir@alliancemining.com
This press release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Alliance Mining Corp.
888 Dunsmuir Street – Suite 888, Vancouver, B.C., V6C 3K4
To view the original release (with media), please click here
- Published in Alliance Mining
Alliance First Drill Hole Completed — Shows All the Characteristics of Gold Mineralization — Bissett Gold Camp, Manitoba
Alliance Mining Corp. (TSX-v: ALM) (“Alliance” or the “Company”) is providing an update on its drill program on its Packsack gold property which began on March 15th 2018, and is being supervised by Alliance’s consulting geologist William C. Hood P. Geo. The Packsack property forms part of the company’s Red Rice Lake gold project located in Bissett Manitoba.
The first hole of the approximately 1,000 metre drill program was drilled to a depth of 380 metres under the existing Packsack shaft. Drilling under the Packsack shaft has shown that shearing, late dikes, and quartz veining with sericite, pyrite and tourmaline extend well below the 150 metre level drift. The features and mineralization observed in the core “show all the characteristics of gold mineralization found in the Packsack veins and elsewhere in the Bissett Gold camp,” says Bill Hood, P.Geo.
To view the graphic in its original size, please click here
The second drill hole in now underway. This is the first significant drill program to test under the 500 ft (152 m) level exploration drift on the Packsack property.
The Packsack property hosts several gold-bearing veins within a conjugate fracture set adjacent to the Red Rice shear zone. Previous exploration on the Packsack property has been focused on the Big Dome Vein, with a shaft to 525 ft (160 m) and 2867 ft (874 m) of drifting and crosscutting on 4 levels down to 500 ft (152 m), all completed between 1936 and 1940. The structural control on veining at the Packsack property is similar to that at the True North Mine, 4 km northeast, operated by Klondex Mines Ltd.
To view the graphic in its original size, please click here
Alliance Mining has an option to acquire 100 per cent of the Red Rice Lake property located in the centre of the Bissett gold camp in Manitoba. The property is located close to the town of Bissett, Man., and just four kilometres south from Klondex Mines’ True North gold mine. The Red Rice Lake gold property claims are located within the Archean Rice Lake greenstone belt in southeastern Manitoba. This belt forms part of the Uchi sub province that includes the Red Lake and Pickle Lake belts in Northwestern Ontario.
Alliance is actively seeking to expand its presence in the Bissett Gold camp through future property acquisitions and/or potential joint venture exploration partnerships with neighbouring companies.
William C. Hood, P.Geo, a qualified person as defined by National Instrument 43-101, is responsible for the technical information contained in this news release.
To view the graphic in its original size, please click here
ON BEHALF OF THE BOARD
Christopher R. Anderson
President, CEO and Director
FOR FURTHER INFORMATION PLEASE CONTACT:
Alliance Mining Corp.
(604) 488-3900
Investor Relations:
Antony Claydon: 604-445-5421
E-mail: ir@alliancemining.com
This press release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Alliance Mining Corp.
888 Dunsmuir Street – Suite 888, Vancouver, B.C., V6C 3K4
To view the original release (with media), please click here
Source: Alliance Mining Corp. (TSX Venture:ALM)
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Alliance Mining Has Commenced Drilling on its 100% Owned Packsack Gold Property in Bissett Gold Camp, Manitoba
Momentum Public Relations
Press Release: March 16
Alliance Mining Corp. (TSXV: ALM) has commenced drilling on its Packsack gold property, which forms part of the company’s Red Rice Lake gold project, is located in Manitoba’s Bissett gold camp, close to the town of Bissett.
InvestmentPitch Media has produced a “video” which describes this news. If this link is not enabled, please visit www.InvestmentPitch.com and enter “Alliance Mining” in the search box.
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Alliance has an option to acquire 100% of the Red Rice Lake gold property, located in the centre of Bissett gold camp in Manitoba, Canada. The Red Rice Lake gold property claims are located within the Archean Rice Lake greenstone belt in southeastern Manitoba, a belt forming part of the Uchi sub province, which includes the Red Lake and Pickle Crow belts in Northwestern Ontario.
The approximately 1,000 metre drill program will consist of at least 3 holes, 2 of which will target an area under the known mineralization, plus a shorter hole to target the upper part of the Big Dome Vein, to confirm the grade/width f the known mineralization.
The Packsack property hosts several gold-bearing veins within a conjugate fracture set adjacent to the Red Rice shear zone. The structural control on veining at the Packsack property is similar to that at the True North Mine, 4 km northeast, operated by Klondex Mines Ltd.
This is the first significant drill program to test under the 500 foot or 152 metre level exploration drift on the Packsack property. Previous exploration, completed between 1936 and 1940, focused on the Big Dome Vein, with a shaft to 525 feet (160 metres) along with 2,867 feet (874 metres) of drifting and crosscutting on 4 levels down to 500 feet (152 metres).
Wynne Mining Services has been contracted to undertake the drill program, which will be supervised by Alliance’s consulting geologist William C. Hood, P.Geo., who has four decades of mineral exploration experience and has supervised multiple drill and exploration programs in the Bissett gold camp.
Alliance is actively seeking to expand its presence in the Bissett Gold camp through future property acquisitions and/or potential joint venture exploration partnerships with neighbouring companies.
For more information, please visit the company’s website www.alliancemining.com, contact Antony Claydon, Investor Relations, at 604-445-5421 or email ir@alliancemining.com.
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Alliance Mining Now Drilling Packsack Gold Property, Bissett Gold Camp, Manitoba
Momentum Public Relations
Press Release: March 15 2018
Alliance Mining Corp. (TSX-v: ALM) (“Alliance” or the “Company”) has commenced drilling on its Packsack gold property located in Manitoba’s Bissett gold camp. The Packsack property forms part of the company’s Red Rice Lake gold project. Wynne Mining Services has been contracted to undertake the drill program which will be supervised by Alliance’s consulting geologist William C. Hood P. Geo. The approximately 1,000 metre drill program will consist of at least three holes, two of which will target an area under the known mineralization plus a shorter hole to target the upper part of the big Dome Vein in order to confirm the grade/width of the known mineralization. This is the first significant drill program to test under the 500 ft (152 m) level exploration drift on the Packsack property.
To view the graphic in its original size, please click here
The Packsack property hosts several gold-bearing veins within a conjugate fracture set adjacent to the Red Rice shear zone. Previous exploration on the Packsack property has been focused on the Big Dome Vein, with a shaft to 525 ft (160 m) and 2867 ft (874 m) of drifting and crosscutting on 4 levels down to 500 ft (152 m), all completed between 1936 and 1940. The structural control on veining at the Packsack property is similar to that at the True North Mine, 4 km northeast, operated by Klondex Mines Ltd.
To view the graphic in its original size, please click here
Alliance Mining has an option to acquire 100 per cent of the Red Rice Lake property located in the centre of the Bissett gold camp in Manitoba. The property is located close to the town of Bissett, Man., and just four kilometres south from Klondex Mines’ True North gold mine. The Red Rice Lake gold property claims are located within the Archean Rice Lake greenstone belt in southeastern Manitoba. This belt forms part of the Uchi sub province that includes the Red Lake and Pickle Lake belts in Northwestern Ontario.
Alliance is actively seeking to expand its presence in the Bissett Gold camp through future property acquisitions and/or potential joint venture exploration partnerships with neighbouring companies. Please call us directly.
William C. Hood, P.Geo, a qualified person as defined by National Instrument 43-101, is responsible for the technical information contained in this news release.
To see the official and full News Release with images visit www.AllianceMining.com
ON BEHALF OF THE BOARD
Christopher R. Anderson
President, CEO and Director
FOR FURTHER INFORMATION PLEASE CONTACT:
Alliance Mining Corp.
(604) 488-3900
Investor Relations:
Antony Claydon: 604-445-5421
E-mail: ir@alliancemining.com
This press release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Alliance Mining Corp.
888 Dunsmuir Street – Suite 888,
Vancouver, B.C., V6C 3K4
To view the original release (with media), please click here
- Published in Alliance Mining
Alliance Mining Receives Drill Permit for its 100% Owned Packsack Gold Property in Bissett Gold Camp, Manitoba
Momentum Public Relations
Press Release: February 23 2018
Alliance Mining Corp. (TSXV: ALM) has received a drill permit for its upcoming drill program on its Packsack gold property. Alliance has an option to acquire 100% of the Red Rice Lake gold property, located in the centre of Bissett gold camp in Manitoba, Canada.
InvestmentPitch Media has produced a “video” which describes this news. If this link is not enabled, please visit www.InvestmentPitch.com and enter “Alliance Mining” in the search box.
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http://www.investmentpitch.com/video/0_meee8fwb/Alliance-Mining-TSXVALM-received-drill-permit-for-its-upcoming-drill-program-on-its-Packsack-gold-property
The Red Rice Lake gold property claims are located within the Archean Rice Lake greenstone belt in southeastern Manitoba. This belt forms part of the Uchi sub province that includes the Red Lake and Pickle Crow belts in Northwestern Ontario.
The Packsack property hosts several gold-bearing veins within a conjugate fracture set adjacent to the Red Rice shear zone. The structural control on veining at the Packsack property is similar to that at the True North Mine, 4 km northeast, operated by Klondex Mines Ltd.
Previous exploration on the Packsack property has been focused on the Big Dome Vein, with a shaft to 525 feet (160 metres) and 2,867 feet (874 metres) of drifting and crosscutting on 4 levels down to 500 feet (152 metres), all completed between 1936 and 1940.
Christopher Anderson, President and CEO, stated: “We are looking forward to receiving drill results from this promising gold property. This property has never been explored below the shaft that was sunk in the 1930’s.”
The company is anticipating its drill program will commence in the near future and will be releasing a more comprehensive description of drill targets and locations shortly.
Alliance is also pleased to announce that it has retained consulting geologist William C. Hood, P.Geo to supervise the Packsack drilling program and to assist with expanding Alliance’s involvement in the Bissett gold camp. Mr. Hood has four decades of mineral exploration experience and has supervised multiple drill and exploration programs in the Bissett gold camp.
Alliance is actively seeking to expand its presence in the Bissett Gold camp through future property acquisitions and/or potential joint venture exploration partnerships with neighbouring companies.
For more information, please visit the company’s website www.alliancemining.com, contact Christopher R. Anderson, President and CEO, at 604-488-3900 or email ir@alliancemining.com.
- Published in Alliance Mining
Alliance Mining Receives Drill Permit for Packsack Gold Property, Bissett Gold Camp, Manitoba
Momentum Public Relations
Press Release: February 22 2018
Alliance Mining Corp. (TSX-v: ALM) (“Alliance” or the
“Company”) has received a drill permit for its upcoming drill program on its Packsack gold
property (part of the company’s Red Rice Lake gold property in Manitoba’s Bissett gold camp).
The Packsack property hosts several gold-bearing veins within a conjugate fracture set adjacent
to the Red Rice shear zone. Previous exploration on the Packsack property has been focused on
the Big Dome Vein, with a shaft to 525 ft (160 m) and 2867 ft (874 m) of drifting and
crosscutting on 4 levels down to 500 ft (152 m), all completed between 1936 and 1940. The
structural control on veining at the Packsack property is similar to that at the True North Mine, 4
km northeast, operated by Klondex Mines Ltd.
Taken February 20 2018 – Marking Proposed Packsack Drill hole #1
“We are looking forward to receiving drill results from this promising gold property’ said
Christopher Anderson, President of Alliance Mining Corp. “This property has never been
explored below the shaft that was sunk in the 1930’s.”
Alliance is anticipating its drill program will commence in the near future. The company will be
releasing a more comprehensive description of drill targets and locations shortly.
Alliance is also pleased to announce that it has retained consulting geologist William C. Hood,
P.Geo to supervise the Packsack drilling program and to assist with expanding Alliance’s
involvement in the Bissett gold camp. Mr. Hood has four decades of mineral exploration
experience and has supervised multiple drill and exploration programs in the Bissett gold camp.
Alliance Mining has an option to acquire 100 per cent of the Red Rice Lake property located in
the centre of the Bissett gold camp in Manitoba. The property is located close to the town of
Bissett, Man., and just four kilometres south from Klondex Mines' producing True North gold
mine. The Red Rice Lake gold property claims are located within the Archean Rice Lake
greenstone belt in southeastern Manitoba. This belt forms part of the Uchi sub province that
includes the Red Lake and Pickle Crow belts in Northwestern Ontario.
Alliance is actively seeking to expand its presence in the Bissett Gold camp through future
property acquisitions and/or potential joint venture exploration partnerships with neighbouring
companies. At present Alliance is actively working with its Manitoba based geological team to
prepare for its upcoming exploration program. Further information is available on Alliance’s
website at www.alliancemining.com.
William C. Hood, P.Geo, a qualified person as defined by National Instrument 43-101, is
responsible for the technical information contained in this news release.
ON BEHALF OF THE BOARD
“Christopher R. Anderson”
President, CEO and Director
FOR FURTHER INFORMATION PLEASE CONTACT:
Alliance Mining Corp.
(604) 488-3900
- Published in Alliance Mining
Alliance Mining Purchases NSR
Momentum Public Relations
Press Release: February 15 2018
Alliance Mining Corp. (TSX-v: ALM) (“Alliance” or the “Company”) announces it has agreed to purchase the Net Smelter Rights (“NSR”) held by Sutherland Minerals Ltd. (“the Seller”) on the Cupp, Axe-Fraction and Cupp Fraction claim blocks which are part of the Company’s Bissett gold camp. The Company agrees to pay the Seller $10,000.00(CDN) in stock of its common shares (based on 5 cents/share CDN).
In addition Alliance has agreed to pay Sutherland Minerals a payment of $50,000CDN for any future payments or past debts owed to Sutherland by Tiberius Gold Corp. Alliance has a 100% option on the Bissett Gold Camp from Tiberius. The $50,000CDN payment is to be made on or before March 2, 2018.
Alliance is actively seeking to expand its presence in the Bissett Gold camp through future property acquisitions and/or potential joint venture exploration partnerships with neighbouring companies. At present Alliance is actively working with its Manitoba based geological team to prepare for its upcoming exploration program.
Alliance Mining has an option to acquire 100 per cent of the Red Rice Lake property located in the centre of the Bissett gold camp in Manitoba. The property is located close to the town of Bissett, Man., and just four kilometres south from Klondex Mines’ producing True North gold mine. The Red Rice Lake gold property claims are located within the Archean Rice Lake greenstone belt in southeastern Manitoba. This belt forms part of the Uchi sub province that includes the Red Lake and Pickle Crow belts in Northwestern Ontario.
ON BEHALF OF THE BOARD
Al Beaton
Director
FOR FURTHER INFORMATION PLEASE CONTACT:
Alliance Mining Corp.
(604) 488-3900
Investor Relations:
Antony Claydon: 604-445-5421
E-mail: ir@alliancemining.com
This press release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Alliance Mining Corp.
888 Dunsmuir Street – Suite 888, Vancouver, B.C., V6C 3K4
To view the associated document to this release, please click on the following link:
public://news_release_pdf/AllianceMining02152018.pdf
- Published in Alliance Mining
Alliance Mining Purchases NSR
Momentum Public Relations
Press Release:February 14 2018
Alliance Mining Corp. (TSX-v: ALM) (“Alliance” or the “Company”) announces it has agreed to purchase the Net Smelter Rights (“NSR”) on the Cud 1 and Cud 2 claim blocks which are part of the Company’s Red Rice Lake gold property in the Bissett Gold Camp. The Company agrees to pay the Seller $10,000.00(CDN) in stock of its common shares (based on 5 cents/share CDN).
Alliance is actively seeking to expand its presence in the Bissett Gold camp through future property acquisitions and/or potential joint venture exploration partnerships with neighbouring companies. At present Alliance is actively working with its Manitoba based geological team to prepare for its upcoming exploration program.
Alliance Mining has an option to acquire 100 per cent of the Red Rice Lake property located in the centre of the Bissett gold camp in Manitoba. The property is located close to the town of Bissett, Man., and just four kilometres south from Klondex Mines’ producing True North gold mine.
The Red Rice Lake gold property claims are located within the Archean Rice Lake greenstone belt in southeastern Manitoba. This belt forms part of the Uchi sub province that includes the Red Lake and Pickle Crow belts in Northwestern Ontario.
Mr. Al Beaton PEng is a Qualified Person as defined by NI 43-101. Mr. Beaton has approved the technical content contained in this press release.
ON BEHALF OF THE BOARD
Al Beaton PEng
Director
FOR FURTHER INFORMATION PLEASE CONTACT:
Alliance Mining Corp.
(604) 488-3900
Investor Relations:
Antony Claydon: 604-445-5421
E-mail: ir@alliancemining.com
This press release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Alliance Mining Corp.
888 Dunsmuir Street – Suite 888, Vancouver, B.C., V6C 3K4
To view the associated document to this release, please click on the following link:
public://news_release_pdf/AllianceMining02142018_0.pdf
- Published in Alliance Mining
Alliance Mining Purchases NSR
Momentum Public Relations
Press Release: February 12 2018
Alliance Mining Corp. (TSX-v: ALM) (“Alliance” or the “Company”) announces it has agreed to purchase the Net Smelter Rights (“NSR”) on the following claim blocks which are part of the Company’s Red Rice Lake gold property in the Bissett Gold Camp: The Christine Fraction, Christine 2 Fraction, Christine 3 Fraction, Lynx 28 and Lynx 29 claims. The Company agrees to pay the Seller $10,000.00(CDN) in stock of its common shares (based on 5 cents/share CDN).
Alliance is actively seeking to expand its presence in the Bissett Gold camp through future property acquisitions and/or potential joint venture exploration partnerships with neighbouring companies. At present Alliance is actively working with its Manitoba based geological team to prepare for its upcoming exploration program.
Alliance Mining has an option to acquire 100 per cent of the Red Rice Lake property located in the centre of the Bissett gold camp in Manitoba. The property is located close to the town of Bissett, Man., and just four kilometres south from Klondex Mines’ producing True North gold mine.
The Red Rice Lake property claims are located within the Archean Rice Lake greenstone belt in southeastern Manitoba. This belt forms part of the Uchi subprovince that includes the Red Lake and Pickle Crow belts in Northwestern Ontario.
Mr. Al Beaton P.Eng is a Qualified Person as defined by NI 43-101. Mr. Beaton has approved the technical content contained in this press release.
ON BEHALF OF THE BOARD
Al Beaton P.Eng
Director
FOR FURTHER INFORMATION PLEASE CONTACT:
Alliance Mining Corp.
(604) 488-3900
Investor Relations:
Antony Claydon: 604-445-5421
E-mail: ir@alliancemining.com
This press release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Alliance Mining Corp.
888 Dunsmuir Street – Suite 888, Vancouver, B.C., V6C 3K4
To view the associated document to this release, please click on the following link:
public://news_release_pdf/AllianceMining02122018.pdf
To view the original release, please click here
Source: Alliance Mining Corp. (TSX Venture:ALM)
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Alliance Mining Corp. Retains Momentum PR for Investor Relations
Momentum Public Relations
Press Release: February 8 2018
Alliance Mining Corp. (TSX-v: ALM) (“Alliance” or the “Company”) has retained Momentum Public Relations Inc. (“Momentum PR”) to provide investor relations services.
Momentum Public Relations Inc. (Momentum PR), founded in 2008 by President and CEO, Max Gagné is a Montreal-based, comprehensive provider of investor relations services, specializing in the resource industry. Momentum will assist Alliance Mining by providing market awareness of the Company through their network of institutional investors, analysts, and retail relationships within the North American investment community. Momentum’s services are tailored to meet the needs of small and medium-cap size companies looking to increase exposure and shareholder value.
Mr. Gagné, Momentum PR’s president, commented: “We are proud to add Alliance Mining to our umbrella of carefully chosen mining clients. The Alliance team are industry experts, we are confident in their ability to bring Alliance forward and increase shareholder value.”
The agreement with Momentum PR is for a minimum of six months commencing on February 1st, 2018. Momentum will be paid a monthly fee of $7,500.00. Momentum has also been granted 500,000 stock options exercisable at $.05 for a period of five years. The agreement with Momentum PR is subject to approval by the TSX Venture Exchange.
Alliance Mining has an option to acquire 100 per cent of the Red Rice Lake property located in the centre of the Bissett gold mine camp in Manitoba. The property is located close to the town of Bissett, Man., and just four kilometres south of Klondex Mines’ producing True North gold mine.
The Rice Lake property claims are located within the Archean Rice Lake greenstone belt in southeastern Manitoba. This belt forms part of the Uchi subprovince that includes the Red Lake and Pickle Crow belts in Northwestern Ontario.
Mr. Al Beaton P.Eng is a Qualified Person as defined by NI 43-101. Mr. Beaton has approved the technical content contained in this press release.
On Behalf of the Board
Al Beaton P. Eng
Director
For Further Information Please Contact:
Alliance Mining Corp.
(604) 488-3900
Investor Relations:
Antony Claydon: 604-445-5421
E-mail: ir@alliancemining.com
This press release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the associated document to this release, please click on the following link:
public://news_release_pdf/AllianceMining02082018.pdf
- Published in Alliance Mining, Mining