ALLIANCE TO DRILL ARIZONA GOLD-SILVER-COPPER TARGE ALLIANCE TO DRILL ARIZONA GOLD-SILVER-COPPER TARGETS
Alliance Mining Corp. has put out tenders for a program to drill approximately 2,000 metres of reverse-circulation drilling in 10 holes on the 100-per-cent-owned Southern Placerita property. Targets on the 1,942 contiguous acre property to be tested include the Silver Crown and Gold Beetle Mines. Alliance currently has 4,000 acres under lease in the region and all lands are 100% owned. Two primary target areas will be the focus of the drill program.
Silver Crown
The primary drill target is to test extensions of the Silver Crown Mine which lies on a sericite schist belt adjacent to the Zonia Mine property which hosts a multibillion dollar copper deposit also hosted in a quartz sericite schist belt. The Silver Crown mine is a past productive silver, gold and copper underground mine that closed in the late 1960's due to unprofitability due to low metal prices.. There is little information on the original mine workings, however, extensive underground and surface mining activity has been carried out since the time of the Spanish-Mexican occupation of Arizona. Intermittent small scale mining was done in the 1880's to 1904 and again in the 1920's. Activity resumed about 1957 by the Arizona-Michigan Mining Company who expended about $2.3 million in mine development, mill construction and drilling 27 diamond drill holes.