Alliance, Drilling and Work Plan Updates On Packsack, CUPP, Fox and Wolf Mineralized Gold Zones - Bissett-Rice Lake Belt - Manitoba
Original announcement by tmx on
- Company
- Alliance Mining Corp.
- Ticker
- ALM
- Exchange
- TSX
- Region
- Manitoba
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Drill results, Other
- Extracted
- 2026-09-13 11:34:13 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Alliance Mining Corp. has reported updated assay results from re-sampling historical 2005 drill core on the Fox vein. The re-sampling has redefined previously narrow high-grade intercepts into wider, lower-grade mineralized zones, suggesting potential for open-pit mining.
Reasoning: The release reports significant re-interpretation of historical 2005 drill core, turning narrow high-grade intercepts into wider, lower-grade mineralized zones with open-pit potential.
Positive factors
- re-sampling of historical core provides wider mineralized intercepts
- QA/QC protocols and accredited laboratory mentioned
- Qualified Person sign-off provided
Negative factors
- results are from re-sampling historical core (2005)
- core size (BQ) noted as inadequate for modern gold sampling
Facts used in scoring: 2
Classification and evidence
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release mentions standards, blanks, and duplicates used in the 2005 program.
Evidence · text
“supervised by a Professional Geologist with standards, blanks, duplicates and QA/QC procedures”
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: The work involves re-sampling and re-interpreting existing historical core rather than new discovery drilling.
Evidence · text
“access drill core from the first two holes of a 2005 drill program”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Drill Results (2)
GB-05-1Red Rice Lake · goldGrade: 2.04Grade Unit: g/tIntercept: 6.89 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- GB-05-1
- Project
- Red Rice Lake
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- ALM
Geometry
- Grade
- 2.04
- Grade Unit
- g/t
- Intercept
- 6.89 m
- True Width
- 4.823 m
- From
- 32.61 m
- To
- 39.5 m
- Intercept Depth
- 32.61 m
Classification
- Deposit Type
- other
- Program
- resource
- Sample Type
- drill
- Group ID
- GB-05-1:32.61-39.5
- Mining Method
- open_pit
Location
- Location
- South Zone
- Loc. Confidence
- medium
- Loc. Source
- document
QA/QC
- Laboratory
- TSL Laboratories Inc (now Saskatchewan Research Council)
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2005-01-01T00:00:00.000Z
Dates
- Event date
- 2022-06-02T00:00:00.000Z
Reasoning: Recalculated intercept from historical core shows wider mineralization than originally reported.
Positive factors
- re-sampling provides wider intercept
Negative factors
- historical core
- inadequate BQ core size
Evidence · text
“recalculated to have a weighted average grade of 2.04 g/t across 6.89m at 32.61-39.50m”
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 4.823
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Rice structure lies parallel to, and immediately south of, the Rice Lake structure hosting the historic San Anto"
GB-05-2Red Rice Lake · goldGrade: 0.35Grade Unit: g/tIntercept: 21.15 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- GB-05-2
- Project
- Red Rice Lake
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- ALM
Geometry
- Grade
- 0.35
- Grade Unit
- g/t
- Intercept
- 21.15 m
- True Width
- 7.401 m
- From
- 49.38 m
- To
- 70.53 m
- Intercept Depth
- 49.38 m
Classification
- Deposit Type
- other
- Program
- resource
- Sample Type
- drill
- Group ID
- GB-05-2:49.38-70.53
- Mining Method
- open_pit
Location
- Location
- South Zone
- Loc. Confidence
- medium
- Loc. Source
- document
QA/QC
- Laboratory
- TSL Laboratories Inc (now Saskatchewan Research Council)
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2005-01-01T00:00:00.000Z
Dates
- Event date
- 2022-06-02T00:00:00.000Z
Reasoning: Re-sampling of historical core identifies a much wider mineralized zone than the original narrow high-grade intercepts.
Positive factors
- significant width increase
Negative factors
- historical core
- inadequate BQ core size
Evidence · text
“recalculated as 0.35 g/t over 21.15m at 49.38-70.53”
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 7.401
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Rice structure lies parallel to, and immediately south of, the Rice Lake structure hosting the historic San Anto"
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.