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Alliance Resources Ltd.

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Summary

Project:

Gundockerta South

Deposit:Gundockerta South
Location:Australia
Commodities:Gold
Date:9/6/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:6-9-2019: Alliance Resources Ltd. announces an Exploration/Drilling Update report for its Gundockerta South deposit at the Gundockerta South project. Drilling results incl. 4m @ 0.71ppm Au from 4m. Alliance Resources Ltd (Alliance, the Company) announces
Resources:x
CP/QP:[Overall Report]: Stephen Johnston (Internal)
ABSTRACT:Alliance Resources Ltd (Alliance, the Company) announces the results of the most recent aircore drilling program at the Gundockerta South project, located 72 km east of Kalgoorlie in West Australia. During June, 66 aircore holes were drilled, for 3,353 metres, on the west side of exploration licence E28/2572 to conclude a larger drilling program commenced in 2018. Gundockerta South is prospective for gold and base metals. This aircore drilling was designed to test a broad area of sporadic low level gold in-soil anomalism, by using wide spaced aircore drill holes to test for low level gold in regolith anomalism that can be used as a vector towards a primary gold deposit. The target area overlies a flexure in the interpreted position of the Railway Fault where it truncates mafic and felsic volcanic rocks against younger Penny Dam Conglomerate. All holes were drilled vertically on a 160 metre by 640 metre spaced grid to blade refusal. The average depth of drilling during the current program was 50.8m. Assay results from four metre composite scoop samples were received during July and one metre scoop samples collected across gold‐anomalous zones.

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