Alliance Mining Purchases NSR
Date: February 15, 2018 News Release TSX-V: ALM
ALLIANCE MINING PURCHASES NSR
Vancouver, British Columbia: Alliance Mining Corp. (TSX-v: ALM) (“Alliance” or the “Company”)
announces it has agreed to purchase the Net Smelter Rights (“NSR”) held by Sutherland Minerals Ltd.
(“the Seller”) on the Cupp, Axe-Fraction and Cupp Fraction claim blocks which are part of the
Company’s Bissett gold camp. The Company agrees to pay the Seller $10,000.00(CDN) in stock of its
common shares (based on 5 cents/share CDN).
In addition Alliance has agreed to pay Sutherland Minerals a payment of $50,000CDN for any future
payments or past debts owed to Sutherland by Tiberius Gold Corp. Alliance has a 100% option on the
Bissett Gold Camp from Tiberius. The $50,000CDN payment is to be made on or before March 2, 2018.
Alliance is actively seeking to expand its presence in the Bissett Gold camp through future property
acquisitions and/or potential joint venture exploration partnerships with neighbouring companies. At
present Alliance is actively working with its Manitoba based geological team to prepare for its upcoming
exploration program.
Alliance Mining has an option to acquire 100 per cent of the Red Rice Lake property located in the centre
of the Bissett gold camp in Manitoba. The property is located close to the town of Bissett, Man., and just
four kilometres south from Klondex Mines' producing True North gold mine. The Red Rice Lake gold
property claims are located within the Archean Rice Lake greenstone belt in southeastern Manitoba. This
belt forms part of the Uchi sub province that includes the Red Lake and Pickle Crow belts in
Northwestern Ontario.
ON BEHALF OF THE BOARD
Al Beaton
Director
FOR FURTHER INFORMATION PLEASE CONTACT:
Alliance Mining Corp.
(604) 488-3900
Investor Relations:
Antony Claydon: 604-445-5421
E-mail: [email protected]
This press release includes certain statements that may be deemed “forward -looking statements”. All statements in this release, other than
statements of historical facts, that address future exploration drilling, exploration activities and events or develo pments that the Company
expects, are forward looking statements. Although the Company believes the expectations expressed in such forward -looking statements are
based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ
materially from those in forward -looking statements. Factors that could cause actual results to differ materially from those in forward -looking
statements include exploitation and exploration successes, continued a vailability of financing, and general economic, market or business
conditions.
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