The Plata North Gold Project is comprised of 64 claim units and covers an area of approximately 13 square kilometres in size. It is located about six kilometres north of The Plata Mine, a past producing silver mine. Alliance’s historical work and costs prior to 1997 exceeded $500,000 including a diamond drill program that consisted of 6 holes totalling 1352 metres. Diamond drilling in one hole reportedly intersected 13.6 metres assaying 1.02 grams per ton gold which included a 1.5 metre section assaying 8.13 grams per ton gold. Surface work included chip sampling along a 140 metres profile which averaged 1.04 grams per ton gold and 6.7 grams per ton silver, including 1.92 grams per ton gold and 12.1 grams per ton silver over 80 metres.

The Plata North project is located in an area of the Selwyn Basin that was intruded by numerous stocks and dikes of the Tombstone Plutonic Suite and later was intruded to the south by large batholiths of the Selwyn Suite.  The Selwyn Basin hosts the Fort Knox deposit, an intrusive hosted gold deposit of large tonnage and low grade. This deposit occurs in Alaska within a region of the Selwyn Basin that has been offset to the north by the Tintina Trench.

Intrusive bodies occur throughout the Selwyn Basin in the Yukon, and stocks are often associated with gold mineralization.  The Brewery Creek deposit and Dublin Gulch are also examples of significant intrusive hosted gold deposits within the Selwyn Basin.

These reported historic results are not in compliance with NI 43-101 standards, as they were conducted prior to NI 43-101 reporting standards requirements and should not be relied upon.