InvestmentPitch Media Video Discusses Alliance Mining's Pending Mapping, Sampling and Drill Program on Packsack Gold Property in Bissett Gold Camp in Manitoba - Video Available on Investmentpitch.com
Original announcement by tmx on
- Company
- Alliance Mining Corp.
- Ticker
- ALM
- Exchange
- TSX
- Region
- Manitoba
- Primary commodity
- Gold
- Secondary commodities
- Uranium
- Document categories
- Drill results, Other
- Extracted
- 2026-09-13 11:36:36 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Alliance Mining Corp. is preparing for a mapping, sampling, and 1,000m drill program at its Packsack Gold property in Manitoba. The company is also conducting a $250,000 private placement to fund exploration and recently signed an LOI for a uranium project in Nevada.
Reasoning: The release restates results from March 2018 drilling (PK-18-4) to provide context for a pending 2019 program. While the grades are moderate, the shift in geological interpretation toward an open-pit target is a positive strategic signal.
Positive factors
- promising drill results from PK-18-4
- re-interpretation of target from narrow vein to wider open-pit potential
- proximity to existing mill capacity
Facts used in scoring: 2
Classification and evidence
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: The upcoming program is described as mapping and sampling to better define the target, following up on previous results.
Evidence · text
“The current geological mapping and sampling program is designed to better define the mineralization target”
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: The project is positioned near the True North gold mine and within the Bissett gold camp.
Evidence · text
“located adjacent to Havilah Mining (TSXV: HMC), and just four kilometres from Havilah Mining's True North gold mine”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Drill Results (2)
PK-18-4Red Rice Lake · goldGrade: 0.86Grade Unit: g/tIntercept: 21.2 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PK-18-4
- Project
- Red Rice Lake
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- ALM
Geometry
- Grade
- 0.86
- Grade Unit
- g/t
- Intercept
- 21.2 m
Classification
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2018-03-01T00:00:00.000Z
Dates
- Event date
- 2018-10-04T00:00:00.000Z
Reasoning: Historical intercept from March 2018 drilling.
Evidence · text
“Drill hole PK-18-4 intersected 21.2 metres grading 0.86 grams per tonne gold”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not 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
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: "Visit: http://www.investmentpitch.com/video/0_6fge4arg/Alliance-Mining-Initiates-Phase-Two-Drill-Program-in-the-Bissett-"
PK-18-4Red Rice Lake · goldGrade: 1.78Grade Unit: g/tIntercept: 8.7 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PK-18-4
- Project
- Red Rice Lake
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- ALM
Geometry
- Grade
- 1.78
- Grade Unit
- g/t
- Intercept
- 8.7 m
Classification
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2018-03-01T00:00:00.000Z
Dates
- Event date
- 2018-10-04T00:00:00.000Z
Reasoning: Historical high-grade sub-interval from March 2018 drilling.
Positive factors
- higher grade sub-interval
Evidence · text
“including 1.78 grams per tonne over 8.7 metres in the Big Dome vein”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not 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
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: "Visit: http://www.investmentpitch.com/video/0_6fge4arg/Alliance-Mining-Initiates-Phase-Two-Drill-Program-in-the-Bissett-"
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.