The Company presently owns ten mineral properties within a fifty mile radius in Yavapai County, Arizona. Alliance Mining’s ground lies within the mineral-rich geological belt known as the Transitional Zone between the Colorado Plateau and the Basin and Range geological provinces. Our specific region once hosted over three thousand mines before the Second World War.
Mining District History
The region's first mining inhabitants were spanish . The region hosted numerous stamp mills and arrastres for processing free gold; however the mining community was wiped out by a flash flood in the 1890's. The next mining era commenced between the 1920's to 1945 were the whole county boasted over 3000 registered mines. before the Second World War. The War powers act of 1942 forced miners and resources to move from precious metal mines to base metals in order to help out the War effort. Gold and silver mining ceased in the region and base metal exploration and mines took over the region. A majority of these mines did not reopen after the war. The remaining mining companies started consolidating and began targeting lower grade bulk tonnage open pit ore deposits near surface due to the advent of new larger machinery and equipment that resulted from the war effort.
Since WW2, there has been little to no- known exploration in most of these former mining properties. Phelps Dodge held most of this ground up until the 1990's until high tenure renewal rates were introduced. Alliance Mining has been exploring and acquiring mineral properties in the region since 2002. These properties, it believes, will host significant mineral resources of both gold and base metals once delineated into 43-101 compliant resources.
Alliance Mining Corp., TSX.V: ALM is a Vanvouver based TSX Venture -listed junior mining company that has a portfolio of past producing mines in the mineral rich transitional zone of central Arizona.
Placerita Project, AZ
Alliance Mining is focused on its Placerita Project located in Arizona's richest historic gold region that once hosted over three thousand mines before the second world war. Alliance Mining has numerous properties within a twenty five mine radius, each hosting numerous historic mines .The company considers these properties having potential to host significant ore deposits.. A recent Airborne Geophysics Survey completed by Geotech Ltd has identified numerous zones of high interest that are being modelled and targeted for drilling in 2012.
Our Exploration Model
Our Exploration plans are to find and delineate mineral rich zones that can quickly generate cash flows which can fund year round exploration programs for resource building while limiting dilution to our share holders.
Our vision is to become a mid tier mining company by proving up our Placerita Project and replicatiing this model in other historical rich regions in North America.
Establishing a Niche in North American Mining
Alliance Mining Corp. employs proprietary methods for property acquisition, exploration, mining and processing. By incorporating the latest technologies, we believe our methods will greatly fast-track the exploration-to-mining cycle and create a significant niche in the North American mining industry.
Focused on Established Mineral Trends
We have identified several mineral regions in Western North America that potentially host large tonnages of ore. Aligned along established mineral trends, these regions may be mined collectively and processed centrally.
An Industry Opportunity
For every major mineral deposit extracted, it is believed there are thousands of smaller deposits left in the ground. Why? Because most mining is done by a relatively few companies. These are typically very large entities that must locate and process large, multi-billion ore deposits to sustain themselves.
The Concept of Exploration “Hubs”
Alliance Mining intends to capitalize on this industry situation by establishing exploration “hubs” within these known mineral regions and delineating resources as quickly as possible. Using our own drill crews, our goal is to accumulate economical tonnages to justify setting up processing facilities in the regions.
First Hub in Arizona
We’re rolling out our first exploration hub in Yavapai County, Arizona, one of the state’s richest gold districts. Alliance Mining holds several properties in this prolific region, and we have targeted many more for future acquisition. Once we prove our business model can generate exponential returns, we will replicate additional hubs in similar mineral regions of North America.
The Trails End Gold Mine lies on the western side of the Bradshaw Mountains in central Arizona. The Trails End Mine Property hosts a large quartz vein running approximately 4-8 feet wide on surface over a strike length of approximately 10,500 feet. There are two known ore shoots that have only seen limited mining despite high gold grades within the mine workings. Sampling by Alliance averaged .51 ounces/ton Au from twenty chip samples. The previous operators were a father and son team who were mining high grade zones and milling at very low volumes so they had no reason to delineate ore shoots. Their mining activities ended in the 1990's when the owners traded the mine for real estate holdings in California. Alliance mining acquired the property when previous owners failed to renew the mineral claims on time with the Bureau of Land Management. Alliance mining is planning to delineate the known ore mineralized zones and drilling the length of the vein to locate other ore shoots that may be present along strike. The only known mine workings (ore shoots) on the property are adjacent to a forestry road that cuts through the property at those locations. Seeing most of the Trails End Quartz Vein structure is remote and not accessible with no known previous drilling helps support the fact that other ore shoots may be present along strike. The property has great potential for also developing bulk tonnage resources. The Company plans to commence first phase drilling on the property by spring 2012.
Geologically the property lies in an area of block faulting within the highly mineralized Transition Zone of Arizona. The property is underlain by Proterozoic age granitic rocks, and to the east there is a broad northeast-trending belt of Early Proterozoic age metavolcanic rocks and derived schists. Reported lithologies include quartz breccia with sericite matrix cut by fine fractures containing disseminated to small aggregates of pyrite, chalcopyrite and galena. There is also strongly oxidized, cemented fault breccia with some remnant disseminated pyrite. The Gold mineralization is associated with precious-metal bearing veins of several ages. Many of the veins are hosted by granitic rocks and schist, and historically have been mined by small scale underground operations. Economic grades probably still remain in ore shoots within both oxidized and unoxidized portions of these veins. These areas may represent good targets for both small-scale selective mining with great potential to delineate a large bulk tonnage 43-101 compliant resource.
The Bodie Mine lies on the western side of the Bradshaw mountains what we call the “ Eastern Placerita Region” and consist of three lode mineral claims. Historic reports obtained up to 1946 have indicated that the mine was producing very high grades of lead 40% and carrying high silver values of 60 oz/ton. Mining was taking place on several levels in a 335 foot shaft and in other Adits located on the property. One drift in the shaft is stated to have been 1675 feet long. The claims were patented decades ago but have since reverted back to standard lode mining claims. The mine is believed to have closed due to falling metal prices after the end of the Second World War. No other “known” exploration are mining have taken place on this property since 1946. The Property is near the Company's Trails End Gold Mine.
The silver Crown mine is situated on the northern end of the company’s Placerita South Property which is host to a mineralized quartz sericite shist belt which is believed to be about 7000 feet long with widths ranging from 200 feet to 2000 feet wide. Within the belt are numerous mines and mine workings that were targeting high grade gold, silver copper. The property borders the Zonia mine which is also hosted in a sericite shist belt and is presently in the feasibility stage with over 1 billion pounds of copper delineated to date. The Silver Crown mine was last worked in the 1960’s when it was reported to have shut down due to being uneconomic with metal prices of that time.