Alliance Mining Closes Private Placement

(via Thenewswire.ca)

Vancouver, British Columbia - Alliance Mining Corp. (the "Company" or "Alliance") announces that it has closed the previously announced non -brokered private placement consisting of 3,000,000 units (the "Units") at a purchase price of $0.10 per for proceeds of $300,000.00. Each Unit will consist of one common share and one-half share purchase warrant. Each whole share purchase warrant will entitle the holder to purchase one additional common share in the capital of the Company.

The final tranche of 200,000 units closed today will be subject to a hold period and may not be sold until May 11, 2011.

Finder's fees of up to $2,000 may be payable on this portion of the Private Placement. Proceeds of the Private Placement will be used for working capital. The Private Placement will be subject to normal regulatory approvals.

About Alliance:

The Company's mission is focused on acquiring and delineating highly prospective mineral properties in central Arizona that have the right host rocks that have bulk tonnage potential that may be delineated by using cash flows from selective mining of the high-grade zones, this may generate substantial earnings for the Company to generate dividends for our shareholders while also increasing share valuation by sustainable resource building, while limiting dilution to shareholders.

ON BEHALF OF THE BOARD

"Jan Ross"

Mr. Jan C. Ross, President and CEO

FOR FURTHER INFORMATION PLEASE CONTACT:

Alliance Mining Corp.

Jan C. Ross, President and CEO

(250) 319-4793

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