Alliance Mining Corp.
TSX VENTURE : ALM

Alliance Mining Corp.

November 02, 2012 18:34 ET

ALM.V Revises Claim Information on its Mexico Acquisition

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 2, 2012) - ALLIANCE MINING CORP. (TSX VENTURE:ALM) wishes to announce a correction of its news release dated November 1, 2012 regarding a Letter of Intent with a private Canadian company to acquire 22 mineral claims totaling nearly 50 square kilometres (4,872 hectares) primarily in the Uruachic district of northwestern Mexico.

It was incorrectly reported that four of the claims in Alliance's land position listed as the Corona project were subject to an option agreement with Comstock Metals. The Corona property claims are not part of ALM's recent agreement.

The four claims in question are in fact three claims related to the Walkiria project which is located about 400 km E-NE of the Corona property. These three claims, which are part of ALM's recent agreement, are known as the Walkiria claims and are subject to an option agreement with Comstock Metals.

About Alliance Mining:

Alliance mining has been focused on acquiring and delineating highly prospective gold and silver mineral properties in Arizona's most prolific gold producing area - Yavapai County, located in central Arizona. The Company has built up an extensive inventory of geologically significant properties, most of which have had gold and silver production in the past century.

ON BEHALF OF THE BOARD

Mr. Christopher R. Anderson, CEO, President, Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Alliance Mining Corp.
    Christopher R. Anderson
    CEO, President, Director
    (604) 628-6645