Alliance Mining Files Plan of Operation

 

VANCOUVER, BC - Alliance Mining Corporation has filed a Plan of Operation (POO) for Exploration at the Gold Hill Mine. The Gold Hill Mine is part of the Placerita West property within the Prescott National Forest in Arizona.

The Company plans to drill 10 diamond core drill locations up to 200 feet deep. This will allow an initial look at the site and determine whether permitting for deeper holes are necessary. The current locations were identified due to anomalies identified from Aeromagnetic work conducted by the Company in 2011. Two of the drill locations will twin 2 historic drill holes that were drilled but no records exist of the results. The additional 8 drill holes are to be drilled near shafts and adits of old mine sites which include the Gold Hill Mine, Shaft #1 & Shaft #2.

Placerita West consists of 70 unpatented lode mineral claims that amount to approximately 1400 acres. Placerita West is located in Townships 13N, Range 3W of Yavapai County, Arizona. The site has Infrastructure nearby and is in the rural area of the high deserts in central Arizona. The property has several past producing mines on site and is adjacent to the large past producing open pit, the Copper Basin Mine that is owned by Freeport-McMoRan Copper & Gold Inc. The Copper Basin Mine had historic productions of approximately 357,000 tons of ore that yielded approximately 19,631,000 lbs. of copper, 45,700 oz. of silver and 500 oz. of gold between 1901-1968 according to the Arizona Department of Mines and Minerals, Arizona Significant Deposits report.

The Boston-Arizona mine is situated on the northern end of the company's Placerita West Property which is host to gold, silver, copper, zinc, and lead mineralization within an adit over 1000 feet long that was developed with several stations and drifts according to historic reports. The host rocks are porphyritic diorite and Yavapai schist, and the veins are intersected at right angles with porphyry dikes. Portions of the gossan vein zone were reported to be up to 125 feet wide from hanging wall to footwall. There are also local intrusive schist dikes about six feet wide.