The Fox vein was identified as a priority target from the Fall, 2021, prospecting and sampling program on the expanded
Previous drilling on the Fox vein has focussed on delineating high grade mineralization suitable for underground mining methods. However, the Fox zone comprises a wide section of quartz stringers and silicified sericite schist, mineralized with pyrite, within dacite volcanics intruded by porphyry and gabbro dikes. Alliance has been able to access the 2005 San Gold Corporation Fox vein drill core, which has been in secure storage at the True North mine site since that time. Additional sampling and assaying is underway on this drill core to provide data on gaps within the zone and adjacent wallrock which were not sampled in 2005.
'Many gold bearing zones are being re-evaluated as lower-grade, bulk tonnage deposits amenable to low cost surface mining methods,' stated Alliance President
All core handing and sampling in this work program was conducted by
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Email: ir@alliancemining.com
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