Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

ALM.V ·

Alliance Mining Purchases NSR

Mergers & Acquisitions Royalties & Streams

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