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Alliance Finds Massive Quartz Veins in central Arizona

Alliance Finds Massive Quartz Veins in central Arizona

Write: Noriko [2011-05-20]
April 26th, 2010
Alliance Mining Corp. is pleased to report that the Company's prospecting crew found four new quartz veins on the Gold Beetle #1 property located in central Arizona. One quartz vein is approximately 40 to 60 feet wide on surface and was track along strike for approximately 1200 feet. Three other quartz veins indicate widths of approximately 5, 12, 20 feet wide on surface. The significance of these new quartz veins is their proximity to the known auriferous quartz veins on the Gold Beetle property where grab samples have assayed from .02 to 7.2 ounces a ton for gold below surface. The Gold Beetle auriferous veins are striking South East towards the new veins and may intersect at depth. The Gold Beetle stock works area is now much larger than originally believed. There are now ten large quartz veins known on the property. Previous sampling has also indicated gold values from .03 to 23.62 g/t within small quartz veinlets within the granite host rock.
Due to these latest findings the Company has completed further staking on the property by adding mineral claims to the South East to ensure the new quartz veins are well covered. The Company now intends to amend its exploration applications with the Bureau of Land Management in order to add road building to access this new area and for drilling.
Qualified Person
This press release has been reviewed by William R. Wilson Director of the Company and a "qualified person" (as such term is defined by National Instrument 43-101).
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 shareholders.