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Alliance Mining Announces Board of Directors Approve Plans of Operations for the Placerita Gold Project
Kamloops, BC ¿ March 20 2008 - Alliance Mining Corp. (CNQ - AMCL) "Alliance" or the "Company") is...
About this update from Alliance Mining Corp.
[{"type":"text","content":"Alliance Mining Announces Board of Directors Approve Plans of Operations for the Placerita Gold Project\n\n\nKamloops, BC — March 20 2008 - Alliance Mining Corp. (CNQ - AMCL) \"Alliance\" or the \"Company\") is pleased to announce that the Board of Directors have approved explorations programs on all twelve of its mineral properties and will submit Plans of Operations on six of those properties. All properties are part of the Placerita Gold Project located in Yavapai County, Arizona.\n\nThe company will be submitting plans of operations consisting of up to 10,000 meters of diamond and reverse circulation (RC) drilling, up to 500 meters of trenching, and up to 50,000 tons of selective bulk sampling (mining) on several properties within known mineralized areas in and around old mine workings.\n\nExploration drilling, trenching and mining will be carried out in phases that are dependent on the results of the previous phase. The plans of operations will also cover the recommendations as outline in our 43-101 technical report dated August 10th 2007 that covers the first six properties that were acquired in the Placerita Project.\n\nThe Company will use its own diamond drill and will be acquiring a (RC) drill to further lower drilling cost and ensuring recovery as well giving the exploration crews the availability and flexibility to fast track exploration and mining programs. The RC drill may also be used in surface production drilling and water well drilling to source any water needs. The company plans to use bulk mining activities for metallurgical purposes and any positive cash flows will be used to ramp up further exploration and mining programs.\n\nThe Company's strategy is to concentrate on mining districts hosting dozens to hundreds of smaller, higher-grade near surface oxidized gold mineralized zones. Economical zones within these targets will be delineated, collectively mined and processed centrally using extreme gravity recovery technologies. Alliance is presently focused on properties of the Placerita Project within Placerita Gold District in Yavapai County, Arizona.\n\nFor further information on the Company and/or the Placerita gold properties, please visit www.alliancemining.com or www.sedar.com.\n\nON BEHALF OF THE BOARD\n\n\"Jan C. Ross\"\n\n______________________________\n\nMr. Jan C. Ross, President and CEO\n\n...