The Alliance Mining concept of focused exploration centers around identifying past prolific mining regions that were active prior to the Second World War. Although these regions had active mining operations from a past mining era they are classified as grass roots until NI 43-101 exploration and development programs are carried out. By acquiring these old mining properties gives our shareholders the huge upside of taken a grass roots mineral properties through the delineation stages of proving up any mineral deposits found in the region.
In our first region located in central Arizona we have acquired thirteen mineral properties hosting former mines and or mine workings were we have identified zones of mineralization by assaying surface and underground workings. The Company plans to use its own Drills and crews to drill year round to locate and delineate mineral deposits within the region at a fraction of a typical exploration company using drilling contractors.
Most mining camps established prior to the Second World War utilized the exploration as you mined concept. Were prospectors and miners mined regions collectively and mined what they found. Little to no exploration drilling were used in this era. Any resource calculations were based on remaining ore blocks within the mine workings.
The Exploration Camp Model diminished after the war as mining lost its significance within local economies as new industries developed and mining began the size consolidation process from the advent of bigger mining equipment that resulted from the War effort. Today, those companies like Phelps Dodge have consolidated into huge mining concerns exploring and seeking only massive ore deposits in order to sustain growth.
Today’s mining model, solidified over the past seventy years, has exploration companies looking for the next mother lode for the major mining companies. As the majors have consolidated into huge mining concerns that demand bigger and bigger ore deposits to sustain growth. This leave thousands of smaller but potentially economic deposits untouched. As most exploration companies have no interest in developing smaller deposits.
Our Models will incorporate the latest technologies in exploration, mining and mineral processing into these old mining camps in order to find and establish cash flows to finance mineral exploration and delineation to advance mineral properties to the feasibility stage. This model will limit dilution to our shareholders while providing a huge upside of advancing so called grass roots projects to the feasibility stages.
