To: Goose94 who wrote (48058 ) 8/24/2018 1:59:26 PM From: Intrepid1 Respond to Alliance Mining retracts Aug. 23 NRAlliance Mining Signs LOI "to Acquire 100% of a New Potential World Class Uranium Discovery in Central Nevada"; We are excited to further develop the claims "into potentially the largest new uranium discovery in the US in the past 30 years"; In addition, an independent, third-party geological review of the project was undertaken by one of the major North American uranium mining companies "that supports that there is confirmed uranium mineralization, much of it near surface (60-350ft) with potentially economic grades, probably lending itself to high-volume, low-grade, low-cost open pit mining which could potentially utilize a low-cost, heap-leaching recovery process"; Drilling has identified an initial "high-value" target in the south of the property ", the first of several other similar high-value targets on the property. The deposit is in a 500 sq mile basin, geological data indicates it could contain several such high-value targets that could result in a mining district (a district containing 100M+ lbs. of uranium)". A drilling permit for an additional 68 holes is completed and awaiting approval.; "Examples of Wyoming-type roll front "districts" include Powder River Basin with reserves of 150 million pounds, Gas Hills 100 million pounds and Shirley Basic 100 million pounds."
