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Alliance Resources Ltd.

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Summary

Project:

Wilcherry

Deposit:Weednanna
Location:Australia
Commodities:Gold
Date:10/9/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:9-10-2019: Alliance Resources Ltd. announces an Exploration/Drilling Update report for its Weednanna deposit at the Wilcherry project. Drilling results incl. 2m @ 0.18g/t Au from 20m. Alliance Resources Ltd (Alliance) announces the results of the recent a
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) announces the results of the recent aircore drilling at Weednanna, including identification of a suitable area for mine infrastructure. During August, 190 aircore holes were drilled, for 7,753 metres, on the west side of the deposit. Existing RAB and aircore traverses were extended to test a 160 hectare area that was not considered prospective for gold, but may be suitable for mine infrastructure. The aircore drilling program was designed to test for low level gold in regolith anomalism which can be used as a vector towards a primary gold deposit. All holes were drilled vertically on a 50 metre by 200 metre spaced grid to blade refusal. The average depth of drilling during the program was 40.8m. Anomalous gold (Au) assay results received from this drilling program are listed in Table A and their location illustrated in Figure 1.

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