🕐05.08.09 - 00:21 Uhr

Alliance Mining Corp- Press Release



 

NEWS RELEASE

August 4, 2009 CNSX: ALM

Alliance Submits Plan of Operations

Kamloops, British Columbia - Alliance Mining Corp.

( the "Company") (CNSX: ALM) is pleased to announce that the Company has submitted a plan of operation to the Arizona Forestry Service the Applicable Authority for permitting exploration work on the Company"s Trails End Gold Mine Property to drill up to sixty holes.

The exploration drilling will consist of both RC and Core drilling to depths of up to 100 metres.

This is the first time the vein is to have been drill tested.

The drilling is to confirm the bonanza grades being sampled and mined by past operators.

Drilling will begin delineating the known partially defined mineralized zones into hopefully a resource category, and to locate new zones of mineralization along a partially exposed 2000 metre vein structure that runs from 1.2 to 3.6 metres wide on surface.

Sampling of one partially mined stope in 1983 by independant B.C.

registered geologist M.P.

Dickson, P.Eng returned 54.75 g/t gold over an average width of 0.31 metres over strike of 38 metres with grades as high as 98.7 g/t over 0.43 m.

The vein in the stope is open to depth, along strike and is wholly or partially enveloped in lower grade material.

The Trails End Mine was last operated in the early 1990"s and the ores processed by free milling gravity plant located eight kilometres away from the mine site.

Subsequent due diligence by Alliance Mining in 2002 has confirmed these high grades in mine workings and on surface of the Trails End Vein.

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed by Mr.

J.

E.

Leopold Lindinger, P.Geo., a director of Alliance Mining Corp., a qualified person under National Instrument 43-101.
About Alliance:
The Company"s strategy is to concentrate on historical mining districts hosting dozens to hundreds of smaller mineralized zones that can quickly be delineated into resources while targeting higher-grade zones for mining using state of the art technologies that are not only cost effective but environmentally safe.

Alliance is presently focused on properties in Arizona.

To learn more about Alliance Mining visit www.alliancemining.com

Should you wish to receive Company News, please email and specify "Alliance Mining News" in the subject line.

ON BEHALF OF THE BOARD

"Jan C.

Ross"

Mr.

Jan C.

Ross, President and CEO

FOR FURTHER INFORMATION PLEASE CONTACT:
Alliance Mining Corp.


Jan C.

Ross, President and CEO
(250) 319-4793

The CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Certain of the statements made and information contained herein is "forward-looking information" within the meaning of the Ontario Securities Act.

This includes statements concerning the Company"s plans at its mineral properties, which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.

Forward-looking information is subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking information, including, without limitation, the availability of financing for activities, risks and uncertainties relating to the interpretation of drill results and the estimation of mineral resources and reserves, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company"s expectations, metal price fluctuations, environmental and regulatory requirements, availability of permits, escalating costs of remediation and mitigation, risk of title loss, the effects of accidents, equipment breakdowns, labour disputes or other unanticipated difficulties with or interruptions in exploration or development, the potential for delays in exploration or development activities, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, expectations and beliefs of management and other risks and uncertainties.

In addition, forward-looking information is based on various assumptions.

Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements.

Accordingly, readers are advised not to place undue reliance on forward-looking information.

Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

 




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