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Alliance Mining Corp.
Summary
| Project: | Red Rice Lake | |
|---|---|---|
| Deposit: | Red Rice Lake | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 11/22/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-11-2017: Alliance Mining Corp. announces a Supporting Acquisition report for its Red Rice Lake deposit at the Red Rice Lake project. Summary of property in support of acquisition. The Red Rice Lake property is made up of three non contiguous claim bloc | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Alain Moreau (Independent) | |
| ABSTRACT: | The Red Rice Lake property is made up of three non contiguous claim blocks, totalling 677 ha: The property is located close to the gold mining town of Bissett, Manitoba and is road-accessible, about a 3-hour drive northeast of the city of Winnipeg. All the claims are registered under the name of Tiberius Gold Corp. They will expire between March 23, 2017 and June 19, 2021. All claims are classified as good standing claims. On January 20, 2017, a property option agreement was signed between Tiberius Gold Corp (“TGC”) and Alliance Mining Corp with the acquisition of 12 claims. Schedule 1 details the nature of the agreement between Tiberius Gold Corp and Alliance Mining Corp. Despite efforts done by TGC, much of the property limits are approximate. Discrepancies exist between the location map provided by TGC (CUPP claim block) with high-resolution satellite image provided by Arc/Gis software. The author doesn’t know the nature/source of these discrepancies. Environmental studies have been realized on the Packsack and CUPP claim blocks. These studies show that environmental risks are relatively low for exploration activities (including bulk sampling) although the author recommends a more detailed study in case of a sizeable mining operation | |
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