Apr. 20, 2010 (TheNewswire.ca) --
Kamloops, British Columbia — Alliance Mining (CNQ:ALM) Corp. (the "Company")(CNSX: ALM) is pleased to report that the Company has staked the former Trails End Mill Site which previously hosted a gravity mill for processing free milling ores from the Company's Trails End Gold Mine Property, located in Yavapai County, Arizona. The mill site has the infrastructure needed consisting of roads, water supply, building pads and tailing ponds and is designated as a past mineral processing site.
The Company believes that this strategic location will best serve the Company's future needs for a processing site for its mineral properties located in what the Company calls the "Western Placerita Region". The Company plans to install a processing plant using the latest technologies in mineral processing that make mineral processing much more environmentally sound.
The Company will be retaining Mining & Environmental Consultants Inc (MEC) of Sun City, Arizona to oversee metallurgical testing from the Trails End Gold Mine Property and other mineral properties in accordance with NI 43-101 and assist in mill site planning and permitting. MEC specializes in guiding small to medium-sized mining companies through the planning, permitting, engineering and development process to choose the best mining, metallurgical and environmental alternatives.
About Alliance:
The Company's mission is focused on acquiring and delineating highly prospective mineral properties in central Arizona that have the potential to become small to mid size mines that can generate substantial earnings for the company's shareholders through dividends and increased share valuation by sustainable growth while limiting dilution to our shareholders.
To learn more about Alliance Mining visit www.alliancemining.com
ON BEHALF OF THE BOARD
"Jan C. 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
The CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Certain of the statements made and information contained herein is "forward-looking information" within the meaning of the Ontario Securities Act. This includes statements concerning the Company's plans at its mineral properties, which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Forward-looking information is subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking information, including, without limitation, the availability of financing for activities, risks and uncertainties relating to the interpretation of drill results and the estimation of mineral resources and reserves, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company's expectations, metal price fluctuations, environmental and regulatory requirements, availability of permits, escalating costs of remediation and mitigation, risk of title loss, the effects of accidents, equipment breakdowns, labor disputes or other unanticipated difficulties with or interruptions in exploration or development, the potential for delays in exploration or development activities, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, expectations and beliefs of management and other risks and uncertainties. In addition, forward-looking information is based on various assumptions. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.
Copyright (c) 2010 Thenewswire.ca - All rights reserved.
