| Alliance First Drill Hole Completed Shows All the Characteristics of Gold Mineralization Bissett Gold Camp, Manitoba | |
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Alliance First Drill Hole Completed — Shows All the Characteristics of Gold Mineralization — Bissett Gold Camp, Manitoba
Vancouver, British Columbia (FSCwire) - 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. |
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Alliance Mining Corp.
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Alliance Mining Corp. is based in Canada. Alliance Mining Corp. is listed in Canada. Its market capitalisation is CA$ 8.4 millions as of today (US$ 6.7 millions, € 5.9 millions). Its stock quote reached its lowest recent point on October 16, 2020 at CA$ 0.01, and its highest recent level on May 28, 2021 at CA$ 1.15. Alliance Mining Corp. has 60 010 000 shares outstanding. |