# Alliance, Drilling and Work Plan Updates On Packsack, CUPP, Fox and Wolf Mineralized Gold Zones - Bissett-Rice Lake Belt - Manitoba Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/alliance-drilling-and-work-plan-updates-on-packsack-cupp-fox-and-wolf-mineralize--662b6fb0-d1df-46f4-8b1d-927f9206a733 Original source: https://money.tmx.com/en/quote/ALM/news/5781265947578647/alliance-drilling-and-work-plan-updates-on-packsack-cupp-fox-and-wolf-mineralize Publisher: tmx Original announcement: 2022-06-02T13:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - 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 Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas 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 factor: re-sampling of historical core provides wider mineralized intercepts - Positive factor: QA/QC protocols and accredited laboratory mentioned - Positive factor: Qualified Person sign-off provided - Negative factor: results are from re-sampling historical core \(2005\) - Negative factor: core size \(BQ\) noted as inadequate for modern gold sampling Facts used in scoring: 2 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: 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 Drilling** Polarity: neutral Definition: 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-05-1 [Link to this fact](https://atlas-extractions.minestarters.com/news/alliance-drilling-and-work-plan-updates-on-packsack-cupp-fox-and-wolf-mineralize--662b6fb0-d1df-46f4-8b1d-927f9206a733#fact-drill-facts-0) Red Rice Lake · gold Historical result Needs review: historical\_restatement #### 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 factor: re-sampling provides wider intercept - Negative factor: historical core - Negative factor: 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 Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 4.823 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-05-2 [Link to this fact](https://atlas-extractions.minestarters.com/news/alliance-drilling-and-work-plan-updates-on-packsack-cupp-fox-and-wolf-mineralize--662b6fb0-d1df-46f4-8b1d-927f9206a733#fact-drill-facts-1) Red Rice Lake · gold Historical result Needs review: historical\_restatement #### 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 factor: significant width increase - Negative factor: historical core - Negative factor: 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 Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 7.401 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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.