InvestmentPitch Media Video Discusses Alliance Mining's Report on Field Work on Red Rice Lake Gold Properties in Bissett, Manitoba Gold Camp - 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
- None reported
- Document categories
- Drill results, Other
- Extracted
- 2026-09-13 11:32:32 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Alliance Mining Corp. reports progress on field work and land assembly at its Red Rice Lake gold properties in Manitoba. The company is focusing on sampling historical veins and preparing for a future drill program, while restating a historical 2018 drill intercept.
Reasoning: The release is primarily an update on field work progress and land assembly, restating a single historical drill intercept from 2018 without providing new assay data.
Positive factors
- Strategic location near operational mill
- Assembly of prospective land package
Negative factors
- Historical results restated without new assays
- No new assay results provided in this release
Facts used in scoring: 2
Classification and evidence
Stale Data Re-releasenegative · Story-specific tag
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: The release restates a 2018 drill intercept without providing new assay results.
Evidence · text
“Alliance previously completed a diamond drill program in 2018”
Nearology Playpositive · Story-specific tag
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: The company highlights its proximity to the operational True North Complex.
Evidence · text
“located within 5 kilometres of 1911 Gold Corp's (TSXV: AUMB) True North Complex”
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
- 2018-01-01T00:00:00.000Z
Dates
- Event date
- 2021-11-22T00:00:00.000Z
Reasoning: This is a restatement of a 2018 drill result and does not represent new assay information.
Negative factors
- Stale data re-release
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
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
- 2018-01-01T00:00:00.000Z
Dates
- Event date
- 2021-11-22T00:00:00.000Z
Reasoning: This is a restatement of a 2018 sub-interval and does not represent new assay information.
Negative factors
- Stale data re-release
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
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.