Top Banner
17

Aliance Mining nov final 2010 pp (9)

May 08, 2015

Download

Business

Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: Aliance Mining nov final 2010 pp  (9)
Page 2: Aliance Mining nov final 2010 pp  (9)

Major quartz vein structure-10,500 feet long averaging 4-8 wide. Never been drilled! Vein structure has potential to host multi million ounce gold equivalent resource!

Similar fissure veins in immediate region were mined to the 2,000 -4,000 foot depths.

Past sampling in mine workings averaged .51 oz Au/ton

Previous operator estimated 20,000 ounces Au (non 43-101) blocked out within existing mine workings near surface.

60 hole drill program to commence in December 2010, bulk sampling planned in 2011.

Page 3: Aliance Mining nov final 2010 pp  (9)

Historic producer Ag, Au & Cu targeting just the high grade zones.

Mine is located on a mineralized quartz sericite schist belt up to 1000 feet wide, 6000

feet long within a greenstone belt.

Unverified 1992 (Non 43-101 Compliant ) geology report on the property estimates one drilled zone hosting over 30 million tons of .05 oz/Au. (1,500,000 ounces)

Approximately 10-15,000 feet of Core drilling done on property in the 1960’s

Property borders a multi billion dollar Copper Porphyry deposit also hosted in a quartz sericite schist belt.

Property indicates to be a huge Au/Ag & Cu porphyry deposit.

Page 4: Aliance Mining nov final 2010 pp  (9)

Gold Beetle #1 Property Au/Cu Ten known quartz veins ranging from 3 to 60 feet wide in a

stock work of porphyritic granite host rock.

Only three veins tested at depth. All three are auriferous.

Favorable host rock carrying gold values in veinlet's.

Quartz Veins sampling range from. 02 to 7.2 oz./ton Au at depth.

Property hosting several historic mines along strike of structure

Mineralized Structure to be drilled approximately 200 meters wide 1000 meters on strike.

Page 5: Aliance Mining nov final 2010 pp  (9)

Gold Beetle #2 Property- Au/Cu

Quartz sericite schist belt (Archean greenstone) mineralized zone approximately 200 meters wide and 1000 meters along strike.

Several historic mine workings along strike.

Gold grades 4 grams over 20 meters on surface, .31 g/t over 100 meters on surface.

Mineralized belt is the ore deposit extension of a quartz sericite

schist belt hosting a billion dollar copper porphyry deposit.

Au/Cu Porphyry deposit potential.

Page 6: Aliance Mining nov final 2010 pp  (9)

Gold Pit Mine/Gold Chest Property Several old mines on the Property. A polleymetallic trend runs through property . A non 43-101 compliant report stated a large inferred resource within a 500 foot wide shear zone that graded .04 oz/ton over a 150 feet wide trench. Drilling is planned and permitted for interesting high grade zones and alteration zones. Alliance Mining sampling in the Gold Pit Mine Zone ranged from .093 to .62 oz/ton Au. Ore

Page 7: Aliance Mining nov final 2010 pp  (9)

First phase exploratory drilling targeting three known auriferous quartz

veins in a granitic porphyry host rock (Bulk Tonnage Potential).

Gold assays from open cut ran from .14 to .7 oz/ton

Active placer operation down stream from property.

No records or evidence of drilling on the property despite gold grades.

Great location- near highway - power and water.

Page 8: Aliance Mining nov final 2010 pp  (9)

Ten historic mine properties located in the “mineral rich” transitional zone of central Arizona.

Properties host numerous historic mines that indicate bulk tonnage potential in today's new commodity price era.

Company owned Core and RC drill s for year round cost effective drilling programs.

Several historic non 43-101 compliant resources stated in old geological reports. Previous mining era’s focused on high grade oxide zones. Lower grade bulk tonnage zones ignored.

Most high grade mines closed due the war powers act of 1942.

Page 9: Aliance Mining nov final 2010 pp  (9)

Region of exploration hosted over 380 mines with significant production before World War II.

90% of historic mines in this region have seen little to no known exploration since closing. (USGS)

Previous mining focused on high grade oxide zones. Low grade bulk tonnage zones ignored.

All properties were researched and evaluated for providing the highest potential for hosting significant mineral resources.

Page 10: Aliance Mining nov final 2010 pp  (9)

Operating Mines Bagdad Mine, Large Open pit copper mine (Freeport Mcmorran) Zonia Mine in pre-feasibility stage borders two of Alliances mineral

properties. Many public companies now exploring in the region.

Historic Mines

Hundreds of historic mines within a twenty five mile radius. Bradshaw & Weaver mountains alone produced a reported $20 million (1942) dollars in gold and silver before 1942 based on a gold price of $35/ounce.

Most of the historic gold & silver mines in region were never brought back into production after the war and only a few have been thoroughly delineated resulting in non compliant 43-101 historical resources.

Page 11: Aliance Mining nov final 2010 pp  (9)

Most new bulk mineable deposits are now found within or near old

high grade mine workings in historic mining camps.

Most historic mining camps were targeting narrow vein high grade (small tonnage) zones. Lower grade bulk tonnage zones were of no interest in that era.

High commodity prices now revealing low grade- bulk tonnage potential in these historical mining camps!

Alliance Mining will use high grade zones for bulk sampling programs for metallurgical testing and 43-101 compliant resource building.

Page 12: Aliance Mining nov final 2010 pp  (9)

Central Arizona has been Identified as hosting one of the highest

density of historic mines in North America .

Arizona is a mining friendly state that has recently passed a New House Bill “2617” to stream line, mine permitting to attract more exploration and mining development in the State.

USGS has identified Arizona’s mineral belts as one of the most under explored regions in North America due to the difficulty for pure play exploration companies to acquire large tracts of land for exploration.

Page 13: Aliance Mining nov final 2010 pp  (9)

Round One Financing Raise Proceeds of up to $750,000(Maximum)

Terms : 7.5 cent unit Warrants 15 cents /two year Commission: 12% cash 6% warrants

Page 14: Aliance Mining nov final 2010 pp  (9)

1st Phase Exploration Drilling Trails End Mine $150,000 Silver Crown Mine $200,000 Gold Pit & Gold Eagle $ 75,000 IR & Marketing $ 85,000 Working Capital $150,000 (Drilling allocations may change based on drilling results)

Total $750,000

Page 15: Aliance Mining nov final 2010 pp  (9)

Public Company –Presently trading on the CNSX:

ALM

13,987,540 Outstanding.

8.5 million tightly held

Plans to migrate to the TSX.V after financing.

Page 16: Aliance Mining nov final 2010 pp  (9)

A focused & committed management team. Hands on exploration & mining experience. Directors well connected to exploration and mining contacts. Two additional Directors will be Joining Board of Directors upon

financing who will bring additional experience to the board level.

See Website for Management Team Bio’s.

For More Information Contact Mr. Jan Ross (250) 319-4793 [email protected] www.alliancemining.com

Page 17: Aliance Mining nov final 2010 pp  (9)

Forward-Looking Statements

This presentation contains forward-looking statements which address future events and conditions which are subject to various risks and uncertainties. The Company’s actual results, programs and financial position could differ materially from those anticipated in such forward looking statements as a result of numerous factors, some of which may be beyond the Company’s control. These factors include: the availability of funds, the timing and content of work programs, results of exploration activities and development of mineral properties, the interpretation of drilling results and other geological data, the uncertainties of resource and reserve estimations, receipt and security of mineral property titles, project cost overruns or unanticipated costs and expenses, fluctuations in metal prices, currency fluctuations, and general market and industry conditions.

Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of their preparation, may prove to be imprecise and as such, undue reliance should not be placed on forward-looking statements

NI 43-101 Disclaimer Any Statements of historical sampling and or resource estimates may not be Non 43-101

compliant. The Company does not treat Non 43-101 resource estimates as its own resources or rely on these statements or assays and warns readers, including Investors and shareholders not to rely on any geological information and statements until they become 43-101 compliant and stated by a QP Qualified Person as defined by NI 43-101. The Company plans to delineate its own resources by twining historical drilling and or new drilling to develop its own resource categories in compliance with NI43-101.