Alliance, Drilling and Work Plan Updates On Packsack, CUPP, Fox and Wolf Mineralized Gold Zones - Bissett-Rice Lake Belt - Manitoba
Original announcement by tmx on
- Company
- Alliance Mining Corp.
- Ticker
- ALM
- Exchange
- TSX
- Region
- Manitoba
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Drill results
- Extracted
- 2026-08-21 12:05:20 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Alliance Mining Corp. is re-sampling historical drill core from the Fox vein, revealing wider mineralized intercepts with lower grades than previously reported. This re-interpretation suggests potential for open-pit mining rather than narrow underground veins.
Reasoning: The company is re-evaluating historical drill core, finding that narrow high-grade veins are part of wider, lower-grade mineralized zones with potential for open-pit mining.
Positive factors
- re-sampling of historical core reveals wider lower-grade mineralized zones
- QA/QC protocols and accredited laboratory mentioned
- expansion of targeting via new claim acquisitions
Negative factors
- historical core size (BQ) noted as inadequate for modern gold sampling
- re-calculated grades are lower than original high-grade narrow intercepts
Facts used in scoring: 4
Classification and evidence
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release mentions standards, blanks, duplicates and QA/QC procedures consistent with 43-101.
Evidence · text
“supervised by a Professional Geologist with standards, blanks, duplicates and QA/QC procedures believed to be consistent with present 43-101 protocols”
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: The work involves re-sampling and re-evaluating historical core rather than new discovery drilling.
Evidence · text
“Alliance was able to access drill core from the first two holes of a 2005 drill program on the Fox vein”
Extracted facts
Stored fact records: 4. Some facts used in scoring do not have a stored record.
Drill Results (4)
GB-05-1Red Rice Lake · goldGrade: 2.04Grade Unit: g/tIntercept: 6.89 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- GB-05-1
- Project
- Red Rice Lake
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba
- Ticker
- ALM
Geometry
- Grade
- 2.04
- Grade Unit
- g/t
- Intercept
- 6.89 m
- From
- 32.61 m
- To
- 39.5 m
Classification
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2005-01-01T00:00:00.000Z
Dates
- Event date
- 2022-06-02T00:00:00.000Z
Reasoning: Recalculated historical intercept showing wider mineralization.
Positive factors
- re-calculated to a wider interval
Negative factors
- grade is lower than original reported oz/ton
Evidence · text
“recalculated to have a weighted average grade of 2.04 g/t across 6.89m at 32.61-39.50m”
GB-05-2Red Rice Lake · goldGrade: 0.35Grade Unit: g/tIntercept: 21.15 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- GB-05-2
- Project
- Red Rice Lake
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba
- Ticker
- ALM
Geometry
- Grade
- 0.35
- Grade Unit
- g/t
- Intercept
- 21.15 m
- From
- 49.38 m
- To
- 70.53 m
Classification
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2005-01-01T00:00:00.000Z
Dates
- Event date
- 2022-06-02T00:00:00.000Z
Reasoning: Recalculated historical intercept showing a wide, low-grade mineralized zone.
Positive factors
- significant width increase
Negative factors
- low grade
Evidence · text
“recalculated as 0.35 g/t over 21.15m at 49.38-70.53”
Packsack-2018Packsack · goldGrade: 0.86Grade Unit: g/tIntercept: 21.2 mHistorical resultNeeds review: ungroundedView all detailsHide details
Identity
- Hole ID
- Packsack-2018
- Project
- Packsack
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba
- Ticker
- ALM
Geometry
- Grade
- 0.86
- Grade Unit
- g/t
- Intercept
- 21.2 m
Classification
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- ungrounded
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2018-01-01T00:00:00.000Z
Dates
- Event date
- 2022-06-02T00:00:00.000Z
Reasoning: Historical reference to 2018 drilling.
Evidence · text
“intersecting 21.2 meters grading 0.86 g/t Au”
Packsack-2018-subPacksack · goldGrade: 1.78Grade Unit: g/tIntercept: 8.7 mHistorical resultNeeds review: ungroundedView all detailsHide details
Identity
- Hole ID
- Packsack-2018-sub
- Project
- Packsack
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba
- Ticker
- ALM
Geometry
- Grade
- 1.78
- Grade Unit
- g/t
- Intercept
- 8.7 m
Classification
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- ungrounded
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2018-01-01T00:00:00.000Z
Dates
- Event date
- 2022-06-02T00:00:00.000Z
Reasoning: Historical reference to 2018 drilling sub-interval.
Evidence · text
“including 1.78 g/t across 8.7m in the Big Dome vein”
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.