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Alliance Resources Ltd.

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Summary

Project:

Wilcherry

Deposit:Weednanna
Location:Australia
Commodities:Gold
Date:10/11/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:11-10-2019: Alliance Resources Ltd. announces an Exploration/Drilling Update report for its Weednanna deposit at the Wilcherry project. Drilling results incl. 6m @ 16.57g/t Au from 107m. Alliance Resources Ltd (Alliance) is pleased to announce the results
Resources:(Resource, I+I): 1.097Mt @ 5.1g/t Au for 181Koz Au contained
CP/QP:[Overall Report]: Anthony Gray, Stephen Johnston (Internal)
ABSTRACT:Alliance Resources Ltd (Alliance) is pleased to announce the results of the latest phase of RC drilling completed at the Weednanna Gold Deposit, 40 km north of Kimba on the Eyre Peninsula, South Australia. During July and August 33 RC holes, for 5,211 metres, were drilled at the Weednanna Deposit to continue to define the extensions of gold mineralisation at Shoots 5E, 7 and 8, infill gold mineralisation at Shoot 9/11, and test for Shoot 1 style gold mineralisation at the 3DIP target. Drill collar plans and cross-sections may be found in Figures 1 to 8 and intersections >1 g/t gold are detailed in Table A. The results from this drilling program have continued to grow the size of the Weednanna Deposit outside of the Maiden Mineral Resource area.

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