Alliance Resources Extends Weendanna Gold

THE DRILL SERGEANT: Alliance Resources (ASX: AGS) released results from the latest round of reverse circulation (RC) drilling at the Weednanna gold prospect, which forms part of the Wilcherry Project Joint Venture between Alliance (79.01%) and Tyranna Resources (ASX: TYX) (20.99%).

Alliance Resources said drilling during September consisted 28 RC holes, for 4,278 metres at the Weednanna prospect, returning the following gold intercepts:

20 metres at 12.44 grams per tonne gold from 104m, including 8m at 28.57g/t gold from 112m;

3m at 5.97g/t gold from 64m;

5m at 3.06g/t gold from 145m;

5m at 3.96g/t gold from 117m;

22m at 1.29g/t gold from 64m, including 8m at 2.3 g/t gold from 64m.

“The 20 metres at 12.44 grams per tonne gold intercept continues to demonstrate the outstanding exploration potential at Weednanna for the discovery and definition of high-grade gold lodes at relatively shallow depth,” Alliance Resources managing director Steve Johnston said in the company’s announcement to the Australian Securities Exchange.