Alliance Mining Corp. (TSXV:ALM) has identified upside potential results from its northern Fall, 2021, prospecting and sampling programme on their Red Rice Lake gold property in the Bissett-Rice Lake belt in south eastern Manitoba, Canada.
“We are very pleased with these initial results from the expanded Red Rice claim group and we will have further announcements regarding exploration of the Fox vein in the very near future,” President, Chris Anderson, said.
The sampling programme was intended to determine exploration prospectivity and priority going forward on various veins and target zones within the recently expanded Red Rice Lake property. Sampled targets included the Fox, Wolf, Yankee Girl North, Gilbert, Clappalou, Elbow and CUPP vein systems.
Highlights from this programme included 44.2 g/t from the Gilbert vein, 16.8 g/t from the Wolf vein, and 9.84 g/t from the Fox vein.
Mr Anderson said, not surprisingly, the most consistent results were returned from the Fox vein, with all seven samples returning assays greater than 0.8 g/t. Both quartz vein material and silicified sericite schist wallrock from the Fox vein zone were determined to be mineralised.
The Fox vein has had 54 drill holes since 1973 and will be a priority target going forward. Encouraging results were also returned from the Gilbert vein, located 1.5 km west of Red Rice Lake, and Wolf vein, located near the Fox vein, one km east of Red Rice Lake.
For further information please visit: https://www.alliancemining.com/