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alliance mining corp (ALM) Details

Alliance Mining Corp. engages in the acquisition, exploration, and development of mineral properties in the United States. As of December 31, 2013, it had interests in 194 mineral claims, including 11 claims in the Northern Placerita area, 89 claims in the Southern Placerita area, 24 claims in the Eastern Placerita area, and 70 claims in the Western Placerita area, which are located in the Hassayampa, Walnut Grove, and Copper Basin Mining Districts in Yavapai County, Arizona. Alliance Mining Corp. was incorporated in 2002 and is headquartered in Vancouver, Canada.

Founded in 2002

alliance mining corp (ALM) Top Compensated Officers

Chief Executive Officer, Director and Member ...
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

alliance mining corp (ALM) Key Developments

Alliance Mining Corp. Appoints Al Beaton as Director

Alliance Mining Corp. announced the appointment of Mr. Al Beaton as a director of the company. Mr. Beaton has been actively involved in mining operations for over 40 years. Since becoming a member of the Association of Professional Engineers & Geoscientists of BC in 1974, he has over 30 years of experience as mine manager for mining and development operations throughout Africa and across Canada. Mr. Beaton was the mine manager for Erikson Gold Mine from 1979- 1986, is President of A.J. Beaton Mining Ltd. since 1987.

Alliance Mining Corp. Announces Executive Changes

Alliance Mining Corp. announced that Patrick Forseille has resigned as a director of the company. Further the company has appointment of Zenaida Manalo to act as Chief Financial Officer.

Alliance Mining and Compañia de Minas Buenaventura S.A. Enter into Letters of Intent for Previous Operating Gold Mines in Peru

Alliance Mining Corp. announce that it has entered into two letters of intent with Compañia de Minas Buenaventura S.A. relating to the purchase of a 100% interest in properties comprising of past producing mines located in Peru: the Shila-Paula Mine property and the Poracota Mine property. These LOIs are principally due diligence agreements that allow for a 60 day detailed due diligence period by the Company, with an option to the Company to extend the due diligence period by a further 30 days, after which, provided satisfaction in the sole discretion of the Company, a definitive agreement will be entered into for one or both properties. There is no guarantee that the Company will enter into definitive agreements in regard of either property. During the due diligence period and prior to entering into definitive agreements for one or both of the properties, the Company does not have any obligations to Buenaventura. The LOI relating to the Shila-Paula Mine property contemplates the Company acquiring a 100% interest in that property for consideration for CAD 1,500,000, and the LOI with respect to the Poracota Mine property contemplates the Company acquiring a 100% interest in that property in consideration for CAD 1,000,000. It is estimated that an aggregate of over CAD 5,000,000 has been spent by Buenaventura in exploration on the two properties.


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