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ALM.V ·

Alliance Mining Enters into Purchase Agreement With 1911 Gold

Mergers & Acquisitions

June 4, 2021 TSX.v: ALM

News release

Alliance Mining Enters into Purchase Agreement

With 1911 Gold

Vancouver, British Columbia: Alliance Mining Corp. (TSX.V: ALM) (“Alliance” or the

“Company”) is pleased to announce it has entered into a Purchase agreement with 1911 Gold

Corporation (“1911 Gold”) (TSX.v: AUMB) to acquire 1911 Gold’s prospective interest in

twenty-seven (27) mining claims, collectively referred to as the Greenbelt Property located in the

Rice Lake Belt, near Bissett, Manitoba.

The Greenbelt Property is located within five kilometres of 1911 Gold’s True North Complex at

Bissett, Manitoba, comprising a fully permitted and operational 1,300 tonnes per day mill and

tailings facility, currently reprocessing historical tailings. Alliance will be exploring the potential

of entering into a toll milling agreement with 1911 Gold in the coming months for the processing

of ore from the Company’s properties in the future.

Further details regarding the purchase agreement and a more detailed property description will

be provided in an upcoming news release.

The purchase agreement is subject to final TSX Venture Exchange approval.

ON BEHALF OF THE BOARD

Chris Anderson

Director

FOR FURTHER INFORMATION PLEASE CONTACT:

Alliance Mining Corp.

(604) 488-3900

Investor Relations: 604-488-3900

E-mail: [email protected]

Forward-Looking Statements

This news release contains certain forward -looking statements, which relate to future events or future performance

and reflect management's current expectations and assumptions. Such forward -looking statements reflect

management's current beliefs and are based on assumptions made by and information currently available to the

Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are

subject to risks and uncertainties that may cause future results to differ materially from those expected including, but

not limited to, market condit ions, availability of financing, actual results of the Company's exploration and other

activities, environmental risks, future metal prices, operating risks, accidents, labor issues, delays in obtaining

governmental approvals and permits, and other risks in the mining industry. All the forward-looking statements made

in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available

on SEDAR at www.sedar.com . These forward-looking statements are made as of the date hereof and the Company

does not assume any obligation to update or revise them to reflect new events or circumstances save as required by

applicable law.

Neither 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

Alliance Mining Corp.

888 Dunsmuir Street - Suite 888, Vancouver, B.C., V6C 3K4