- Exploration Region
Pelonachic, Mexico: The Pelonachi Property has according to the local people a history of small scale mining dating back several years. Apparently, gold and silver were mined from veins with abundant stibnite and arsenopyrite in southern section of the property.
Golden Eagle: The granite-hosted quartz veins on the Golden Eagle claim are well-developed, steeply dipping, and contain evidence of gold, silver, and copper mineralization.
August 6th, 2013:
ALLIANCE MINING RECEIVED CONDITIONAL APPROVAL ON ITS PROPOSED GOLD ASSETS BETWEEN AGNICO-EAGLE'S LAS BOLAS PROJECT AND FRESNILLO'S PLC ORISYVO DISCOVERY
Alliance Mining Corp, proposed transaction to acquire up to a 100-per-cent interest in 22 mineral claims located primarily in the Uruachic district in northwestern Mexico has been conditionally accepted by the TSX Venture Exchange. Final acceptance of this submission will be conditional upon the company satisfying the filing requirements including the review of the recently submitted technical report entitled "Technical Report On The Pelonachi and El Indio Concessions Sierra Madre Occidental, State of Chihuahua, Mexico."
About Alliance MiningAlliance Mining Corp.,TSX.V: ALM is a Vanvouver based TSX Venture -listed junior mining company that has a portfolio of past producing mines in the mineral rich transitional zone of central Arizona and Uruachic, Mexico. Our vision is to become a mid tier mining company by proving up our Placerita Project and replicating this model in other historical rich regions in North America.
Our Exploration Model
Our Exploration plans are to find and delineate mineral rich zones that can quickly generate cash flows which can fund year round exploration programs for resource building while limiting dilution to our shareholders.
Alliance Mining Corp. is focused on its Placerita Project located in Arizona's richest historic gold region that once hosted over three thousand mines before the second world war. Alliance Mining has numerous properties within a twenty five mine radius, each hosting numerous historic mines .The company considers these properties having potential to host significant ore deposits.. A recent Airborne Geophysics Survey completed by Geotech Ltd has identified numerous zones of high interest that are being modelled and targeted for drilling in 2013.
The 100% owned Uruachic claim holdings consist of 22 mineral claims totaling nearly 50 square kilometres (4,872 hectares) primarily in the Uruachic district of northwestern Mexico. The land package puts Alliance in the heart of a prolific gold exploration area and includes the closest privately held claims, within four kilometres, to Fresnillo PLC’s important Orisyvo discovery (www.fresnilloplc.com). Fresnillo is the second-largest gold producer in Mexico and the world’s largest primary silver producer. Due to the extensive exploration activity surrounding the properties, massive infrastructure upgrading is occurring in the area. Virtually all land in the region has now been staked and the Company is pleased to have acquired an extensive strategic position in an such an active and sought after area.