| Alliance Mining Receives Drill Permit for Packsack Gold Property, Bissett Gold Camp, Manitoba | |
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Alliance Mining Receives Drill Permit for Packsack Gold Property, Bissett Gold Camp, Manitoba
Vancouver, British Columbia (FSCwire) - 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. |
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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, € 6.3 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. |