# Alliance, Drilling and Work Plan Updates On Packsack, CUPP, Fox and Wolf Mineralized Gold Zones - Bissett-Rice Lake Belt - Manitoba

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/alliance-drilling-and-work-plan-updates-on-packsack-cupp-fox-and-wolf-mineralize--6de88469-2c3a-48b5-aaf0-506fca6461f4

Original source: https://money.tmx.com/en/quote/ALM/news/5781265947578647/alliance-drilling-and-work-plan-updates-on-packsack-cupp-fox-and-wolf-mineralize

Publisher: tmx

Original announcement: 2022-06-02T13:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas 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 factor: re-sampling of historical core reveals wider lower-grade mineralized zones

- Positive factor: QA/QC protocols and accredited laboratory mentioned

- Positive factor: expansion of targeting via new claim acquisitions

- Negative factor: historical core size \(BQ\) noted as inadequate for modern gold sampling

- Negative factor: re-calculated grades are lower than original high-grade narrow intercepts

Facts used in scoring: 4

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Drilling**

Polarity: neutral

Definition: 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-05-1

[Link to this fact](https://atlas-staging.minestarters.com/news/alliance-drilling-and-work-plan-updates-on-packsack-cupp-fox-and-wolf-mineralize--6de88469-2c3a-48b5-aaf0-506fca6461f4#fact-drill-facts-0)

Red Rice Lake · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: re-calculated to a wider interval

- Negative factor: 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-05-2

[Link to this fact](https://atlas-staging.minestarters.com/news/alliance-drilling-and-work-plan-updates-on-packsack-cupp-fox-and-wolf-mineralize--6de88469-2c3a-48b5-aaf0-506fca6461f4#fact-drill-facts-1)

Red Rice Lake · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: significant width increase

- Negative factor: low grade

Evidence · text

> recalculated as 0.35 g/t over 21.15m at 49.38-70.53

### Packsack-2018

[Link to this fact](https://atlas-staging.minestarters.com/news/alliance-drilling-and-work-plan-updates-on-packsack-cupp-fox-and-wolf-mineralize--6de88469-2c3a-48b5-aaf0-506fca6461f4#fact-drill-facts-2)

Packsack · gold

Historical result

Needs review: ungrounded

#### 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-sub

[Link to this fact](https://atlas-staging.minestarters.com/news/alliance-drilling-and-work-plan-updates-on-packsack-cupp-fox-and-wolf-mineralize--6de88469-2c3a-48b5-aaf0-506fca6461f4#fact-drill-facts-3)

Packsack · gold

Historical result

Needs review: ungrounded

#### 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.
