08 Oct 2021

Wilcherry Project Exploration Update

Alliance Resources Ltd ASX Announcement 8 October 2021 1 ASX ANNOUNCEMENT WILCHERRY PROJECT EXPLORATION UPDATE Analysis of historic drill sample pulps in the Ultima Dam a rea identifies widespread gold anomalism associated with calc - silicate lithologies Diamond drilling commenced at Weednanna Au - Fe Deposit to complete : • Three shallow geotechnical holes in the planned gold processing plant area • Five holes twinning high - grade RC drill intersections for research purposes • One deep hole to test the underlying architecture of the deposit Infill and extensional RC drilling planned at Weednanna to upgrade Inferred resources to the Indicated category and test for new gold shoots Induced polarisation (IP) survey planned at the Weednanna North and Mawson prospects to test for anomalies associated with gold mineralisatio n Collaborative research project with the CSIRO ongoing to understand the paragenesis of Weednanna and develop mineralogical or geochemical vectors towards gold for use across the Wilcherry Project area Alliance Resources Ltd (Alli ance) is pleased to provide an update on the Company’s recent and planned exploration activities at the Wilcherry Project, located in the southern Gawler Craton in South Australia . During the first half of 2021 Alliance’s exploration activities at the Wilc herry Project have been reduced in part due to COVID - 19 travel restrictions and the Company focus on the feasibility studies to develop the Weednanna Au - Fe Deposit . The Weednanna Deposit is the most advanced prospect in the Wilcherry Project area and conta in s 1.106 Mt grading 4.3 g/t Au for 152,000 oz gold (classified as 85% Measured & Indicated and 15% Inferred) and 1.15 Mt grading 59.4% Fe (classified as 65% Measured & Indicated and 35% Inferred). Refer to Alliance ASX announcement s dated 9 November and 19 November 2020 for details concerning the Gold Mineral Resource and the Iron Mineral Resource respectively . Allia nce is not aware of any new information or data that materially affects the information included in the above - mentioned announcements. 8 October 2021 ALLIANCE RESOURCES LTD ASX: AGS ABN: 38 063 293 336 Market Cap: $3 0 . 2 M @ $0.1 4 5 Shares on issue: 208,017,134 Principal Office: Suite 3, 51 - 55 City Road Southbank Victoria 3006 AUSTRALIA Tel: +61 3 9697 9090 Fax: +61 3 9697 9091 Email: info@allianceresources.com.au Web: www.allianceresources.com.au Projects: Wilcherry, SA (100%): g old , iron, base metals , graphite Nepean, WA (100%): gold - nickel Kalgoorlie Sth, WA (100%): gold - nickel Share Registry: Computershare Investor Services GPO Box 2975 Melbourne Victoria 3001 AUSTRALIA Tel: 1300 850 505 Fax: +61 3 9473 2500 Alliance Resources Ltd ASX Announcement 8 October 2021 2 ASX ANNOUNCEMENT All material assumptions and technical parameters underpinning the above - mentioned Mineral Resource estimates continue to apply and have not materially changed The Wilcherry Project covers a 1,484 square kilometre area of Archaean and Paleoproterozoic rocks that are prospective for a variety of mineralisation styles including skarn associated Fe - Au, carbonate replacement Pb - Zn, and epithermal Ag . Since acquiring the project in late 2016 the bulk of Alliance’s exploration activities have focussed on the discovery and definition of gold resource s at the Weednanna Deposit . During 2021 , Alliance’s explora tion team has been reviewing the regional gold exploration potential of the W i lcherry Project area and developing an exploration strategy to identify and advance priority target s in a cost - efficient and effective manner to produce a quality portfolio of go ld exploration prospect s with the highest potential to deliver new resources to build on the Weednanna project resource . This work has include d refining the Weednanna mineral model, capturing historic regional drilling data, validating regional databases, re - logging historic drill holes, and assessment of regional geophysical, surface geochemical and drilling datasets. Work programs completed in support of these activities include analysis of historic iron and base metal drill sample pulps from the Ultima Dam area for gold and continued collaborative research with the CSIRO on the Weednanna Deposit . F uture w ork programs designed to support these activities include induced polarisation (IP) surveys at the Weednan na North and Mawson prospects, continued RC drill definition of the Weednanna Deposit, and drilling of a deep diamond hole to test the underlying architecture of th is deposit. This work is discussed in the following sections. Gold Analysis of Historic Ultima Dam Drill Samples The Ultima Dam area is located ~3 kilometres to the north of Weednanna and consists of the Ultima Dam, Ultima Dam East, Ultima Dam West, and Ultima Dam South prospects . The area has similar host rocks to Weednanna and was most recently assessed for its’ iron potential by Ironclad Mining between 2007 and 2012. 186 RAB holes, 18 aircore holes, 271 RC holes, and 20 diamond holes, totalling 35,087 metres , have been drilled in the area with the majority of holes not analysed for gold. To assess the gold exploration potential of the area , Alliance re - analysed 7,955 historic drilling sample pulps for gold using the fire assay technique. All samples returning anomalous gold intersections > 0.1 g/t Au are detailed in Table A , whereas Figure 1 illustrates the regional distribution of all drill holes that contain > 0.1 g/t gold anomalism in the Weednanna to Ultima Dam area . Significant assay results from this program of re - analy sing historic drill sample pulps include: • 7m @ 0.34 g/t Au from 66m in 07UERC001 • 12m @ 0.21 g/t Au from 48m in 08UERC005 • 6m @ 0.34 g/t Au from 52m in 10UERC003 • 14m @ 0.47 g/t Au from 44m in 10UERC007 • 6m @ 0.36 g/t Au from 46m in 10UERC009 Alliance Resources Ltd ASX Announcement 8 October 2021 3 ASX ANNOUNCEMENT • 4m @ 0.80 g/t Au from 84m in 10UERC013 • 4m @ 0.56 g/t Au from 74m in 10UWRC008 • 2.53m @ 1.01 g/t Au from 36.77m in 11UEDH003 • 4m @ 0.57 g/t Au from 52m in 12UEGC007 • 27m @ 0.28 g/t Au from 36m in 12UEGC023 • 16m @ 0.40 g/t Au from 32m in 12UEGC027 • 12m @ 0.25 g/t Au from 36m in 1 2UEGC030 • 1m @ 4.93 g/t Au from 54m in 12UWGC002 In total , 79.2% of all drill samples collected from the Ultima Dam area have now been analysed for gold and 370 of the 495 holes drilled in the Ultima Dam area have had some samples analysed for gold. Of these drill holes, 87 holes (24%) have returned an anomalous gold result (> 0.1 g/t Au), 30 holes (8%) have returned > 1.0 g - m Au (0.1 g/t Au lower cut), and 7 holes (2%) have returned > 1.0 g/t Au (peak result: 4.93 g/t Au). Exploration drilling in the U ltima Dam area has identified areas of broad low - level gold anomalism in the regolith and fresh rock associated with magnetite skarn alteration in the calc - silicate host rocks. Th is style of mineralisation is similar to Weednanna . The Ultima Dam area is c omposed of broad zones of structurally complex calc - silicate lithologies with associated magnetic and gravity highs indicating magnetite skarn and possibly garnet skarn. These lithologies are bounded by granite, gneiss, schist and quartzite. Exploration a t Weednanna has shown that gold mineralisation is depleted within the saprolite and that low - level gold anomalism can be used as a vector towards high - grade primary gold shoots. Also, high - grade gold mineralisation is lithologically and structurally contro lled and occurs as discrete shoots which require close spaced drilling to discover and define. Lithological controls on gold distribution include favourable iron - rich host rocks and rheology contrasts, whereas structural controls include dilatational posit ions associated with the calc - silicate / granite hangingwall and footwall contacts and cross - cutting structures. Most of the historic drilling in the Ultima Dam area did not target gold mineralisation and was not designed to test structural targets. While the gold analysis of the historic drill pulps has not present ed any immediate high - grade gold targets for definition with further drilling, the broad distribution of gold anomalism and favourable host rocks located within a structurally complex area confirm th e potential for Weednanna - style gold deposits. Further exploration for gold in the Ultima Dam area will be planned during 2022 as Alliance expands its’ exploration programs beyond the immediate Weednanna Deposit area. Alliance Resources Ltd ASX Announcement 8 October 2021 4 ASX ANNOUNCEMENT Figure 1. Greater Weedna nna – Ultima Dam Area: Maximum gold in drilling on a 1VD aeromagnetic image with induced polarisation (IP) survey areas Legend - Maximum Gold in Hole B lack crosses: no samples analysed for gold Blue dots: 0 – 0.1 g/t Au Yellow dots: 0.1 – 1.0 g/t Au Red dots: > 1.0 g/t Au Alliance Resources Ltd ASX Announcement 8 October 2021 5 ASX ANNOUNCEMENT Weednanna Diamond Drilling A 1,500 metre diamond drilling program has commenced at the Weednanna Deposit . The objectives of this program are to complete : • Three shallow geotechnical holes in the planned gold processing plant area • Five holes twinning high - grade RC drill intersections for research purposes • One deep hole to test the underlying architecture of the deposit Figure s 2 and 3 illustrate the location of planned diamond and RC holes. Preliminary design of the Weednanna gold processing plant was completed during the June quarter and is currently being reviewed. Three shallow geotechnical holes are being dri lled to confirm soil conditions to finalise foundation requirements in the crushing and grinding sections of the processing plant. This will allow for more accurate cost ing of the concrete foundations in these high load areas to be calculated. Five diamond ho les were completed during September/October in the Weednanna mineral resource area for research purposes. These holes and the associated research are partially funded by a $300,000 grant from the South Australian Government under Phase 2 of the Accelerated Discovery Initiative (ADI) (refer to Alliance ASX Announcement dated 21 May 2021) . The holes are being drilled to obtain high - grade gold intersections at Shoots 1, 3, 4, and 5E. T he t argeted RC drill intersections include: • 57m @ 5.5 g/t Au from 45m in 17 WDRC003 (Shoot 1) • 36m @ 6.3 g/t Au from 54m in 06WDRC007 (Shoot 1) • 6m @ 18.9 g/t Au from 129m and 18m @ 58.2 % Fe from 159m 98WDRC049 (Shoot 3) • 15m @ 18.2 g/t Au from 107m in 17WDRC067 (Shoot 4) • 6m @ 16.6 g/t Au from 107m in 19WDRC067 (Shoot 5E) A ~500m deep diamond hole will be drilled near the centre of the deposit and is designed to test the depth extent of the calc - silicate altered metasedimentary unit in an area where the favourable host rocks may intersect a major structure interpreted as the conduit of alteration and mineralising fluids , and underlying Hiltaba - aged granite that is the interpreted source of skarn alteration and possible gold mineralising fluids (Figure 4) . This will be the deepest hole drilled at the deposit with a west erly dip , near perpendicular to stratigraphy and structure of the deposit. In 2000 , a 577 m deep diamond hole was drilled towards the east (parallel to stratigraphy) and only intersected footwall granite and the underlying Hiltaba - aged granite. As the Weednanna min eral resource is only defined to 220 metre vertical depth , this hole will provide an indication of the depth extent of the deposit and underlying architecture. Th e hole is partially funded by the ADI grant and will provide distal structural, lithological, mineralogical and geochemical data . Alliance Resources Ltd ASX Announcement 8 October 2021 6 ASX ANNOUNCEMENT Figure 2 . Weednanna: Location of planned RC and diamond drilling Legend - White dots: all holes previously drilled at the deposit Green dots: shallow geotechnical diamond holes Red dots: diamond holes twinning high grade RC drill intersections for research Yellow dot: deep diamond hole to test beneath Weednanna Deposit Blue dots: planned RC holes A – A’ denotes location of 6372775mN cross - section (see Figure 4) A A ’ Alliance Resources Ltd ASX Announcement 8 October 2021 7 ASX ANNOUNCEMENT Figure 3 . Weednanna: 3D view s down to the north - northwest of (A) + 2.5 g/t gold and (B) + 55 % iron mineralisation with planned RC and diamond drilling Legend - Red line s: planned diamond drill hole trace Blue line s: planned RC drill hole trace N N calc - silicate and magnetite skarn calc - silicate and magnetite skarn + 2.5 g/t Au + 55 % Fe granite and gneiss granite and gneiss granite and gneiss granite and gneiss (B) (A) Alliance Resources Ltd ASX Announcement 8 October 2021 8 ASX ANNOUNCEMENT Figure 4 . Weednanna 6372775mN Section testing deep controlling structures and host rocks below the deposit. ( R efer to Figure 2 for cross - section location) Legend - Weathering Drill Hole Traces Brown: base of transported cover Magenta lines: ADI diamond holes Light green: base of saprolite Black segments: not assayed for gold Dark green: base of saprock Blue segments: <0.1 g/t Au Geology Green segments: 0.1 – 0.5 g/t Au Orange: meta - s ediment / granite - gneiss contact Yellow segments: 0.5 – 1.0 g/t Au Dark orange: granite - gneiss internal to meta - sediment Red segments: 1.0 – 5.0 g/t Au Pink: k - spar rich granite - gneiss Magenta segments: >5.0 g/t Au Grey: ironstone and magnetite skarn containing > 55% Fe Gold Contours Turquoise: amphibolite Gold contour: >0.2 g/t Au Yellow: quartz vein with adjacent strong chlorite - altered breccia zone Red contour: > 2.5 g/t Au Purple dashed line: biotite - rich hangingwall shear W 21WDDH00 6 10 0 metres scale Hiltaba - aged granite extrapolated from hole 00WDDH005 loca ted ~300m to the south Shoot 8 q uartz vein with associated strong chlorite - altered breccia zone k - spar granite granite - gneiss granite - gneiss granite - gneiss meta - sediment amphibolite hangingwall shear granite - gneiss magnetite skarn saprolite saprock meta - sediment ironstone E Alliance Resources Ltd ASX Announcement 8 October 2021 9 ASX ANNOUNCEMENT Weednanna Research Project Alliance has entered into two research agreements with the CSIRO. The first phase of research commenced in late 2020 and is a collaboration between Alliance, the CSIRO, and Australian university researchers to investigate the ti ming of igneous activity adjacent to the Weednanna D eposit, the deposit - scale mineralogy and how it can be combined with automated logging techniques using multi - element geochemical data from RC drill chips to develop exploration vectors towards gold mineralisation. This phase of research is partially funde d by a $50,000 grant from the Federal Government Aus - Industry Innovation Connections program. The second phase of research will use diamond core from the holes currently being drilled at Weednanna to apply novel multi - scale analytical techniques developed by the CSIRO to study the chemistry, structures and mineralogy associated with the gold leading to a new genetic deposit model. Th is phase of research is partially funded by the South Australian Government ADI grant. Microscale chemical imaging using the Maia Mapper micro - X - ray fluorescence imaging instrument will highlight the gold deportment in diamond core and how it relates to d if f erent host rocks, hydrothermal and/or supergene alteration minerals. These element maps will also highlight minerals that can be dated to place the gold mineralisation within the complex geological history of th e southern Gawler Craton . By understanding the controls on gold deposition at Weednanna, and their chemical and mineralogical signatures, CSIRO will provide a framework to predict the key aspects of similar gold mineral systems in the Gawler Craton enabling targeted exploration. W eednanna RC Drilling A 7,000 metre RC drilling program is scheduled to commence at the Weednanna Deposit in October, following completion of the diamond drilling program. This drilling program will be completed in the northern area of the deposit and is designed to define the boundaries of Shoot 7 and 8, upgrade Shoot 3 from the Inferred to Indicated resource category, and test for new shoots in between Shoots 7 and 8 and Shoot 3. Figure s 2 and 3 illustrate the location of planned drill holes. Weednanna North and Mawson Induced Polarisation Surveys The Weednanna North and Mawson prospects are located alon g strike to the northwest of the Weed nanna Deposit and cover over 5 kilometres of strike length of calc - silicate and magnetite skarn stratigraphy, which is the favorable host for gold mineralisation at Weednanna. Historic drilling at Weednanna North focused on defining iron resources, whereas limited drilling at Mawson tested for skar n - associated gold and IOCG models. This drilling has intersected widespread gold anomalism that support the potential for economic concentrations of gold , similar to Weednanna. Alliance Resources Ltd ASX Announcement 8 October 2021 10 ASX ANNOUNCEMENT In 2018 Alliance completed an Induced Polarisation (IP) survey at Weednanna th at effectively identified chargeable anomalies associated with gold minerali s ation at the deposit (refer to Alliance ASX Announcement dated 7 March 2019). A 35 line - kilometre IP survey will be completed at the Weednanna and Mawson prospects when a geophysi cal crew becomes available in the next few month (subject to COVID - 19 interstate travel restrictions) . The survey will be completed using 200 metre spaced lines and infilled as necessary to define chargeable anomalies for drill testing in 2022. Figure 1 illustrates the location of the planned IP survey area relative to the Weednanna Deposit and area IP surveyed in 2018. This announcement has been authori s ed for release by the Board. Kevin Malaxos Managing Director About Alliance Alliance Resources Ltd is an Australian gold and base metals exploration company with 100% owned projects in South Australia and Western Australia. The Company’s flagship project is the Wilcherry Project, located within the southern part of the Gawler Craton, approximately 45 km north of the township of Kimba, South Australia. The Mineral Resource estimate for the Weednanna Gold Deposit, part of the Wilcherry Project, is 1.106 Mt grading 4.3 g/t gold for 152,000 oz gold (classified 85% Measu red & Indicated and 15% Inferred). Refer to ASX announcement dated 9 November 2020 for details concerning the Mineral Resource and the Competent Persons consent. The maiden iron resource for the Weednanna project was announced on 19 November 2020 and total s 1.15 Mt grading 59.4% Fe (classified as 65% Measured & Indicated and 35% Inferred). Refer to ASX announcement dated 19 November 2020 for details concerning the Mineral Resource and the Competent Persons consent. There is potential to increase the size of these Mineral Resources with further drilling. Alliance is not aware of any new information or data that materially affects the information included in the above - mentioned announcements. All material assumptions and technical parameters underpinning the above - mentioned Mineral Resource estimates continue to apply and have not materially changed. An independent scoping study reported a positive outcome and supports a new, 250,000 tpa gold processing plant at Weednanna. Total indicative ca pital cost is approximately $44 million. Refer to ASX announcement dated 18 April 2019 for details concerning the scoping study including the above - mentioned financial information. All material assumptions underpinning the above - mentioned financial informa tion continue to apply and have not materially changed. Alliance Resources Ltd ASX Announcement 8 October 2021 11 ASX ANNOUNCEMENT Detailed Engineering design and Mine design studies have commenced to produce Detailed Feasibility Study (DFS) level designs and cost estimates for the g old processing plant and proposed open pit and underground mining operations. Alliance also owns an 80 person camp located on leased land in the township of Kimba which will be utilised during construction and production . Competent Person The information in this report that relates to the Exploration Results is based on information compiled by M r Anthony Gray. Mr Gray is a Member of the Australian Institute of Geoscientists and is an employee of Alliance Resources Ltd. Mr Gray has sufficient experience which is relevant to the style of mine ralisation and type of deposit under consideration and to the activity which they are undertaking to qualify as Competent Person s as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reser ves ’ . Mr Gray consent s to the inclusion in the report of the matters based on their information in the form and context in which it appears. Alliance Resources Ltd ASX Announcement 8 October 2021 12 ASX ANNOUNCEMENT Table A: Ultima Dam Historic Drill Pulp Re - Assay Gold Intercepts >0.1 g/t Au Hole ID Type Prospect East_MGA North_MGA RL (m) Azimuth Dip EOH From (m) To (m) Interval (m) Au (g/t) RUD007 RAB Ultima Dam West 633602.8 6379328.5 270.4 0.0 -90.0 42 6 8 2 0.21 RUD011 RAB Ultima Dam West 633870.7 6379282.6 271.2 0.0 -90.0 59 26 28 2 0.12 RUD018 RAB Ultima Dam West 634462.1 6379290.4 278.0 0.0 -90.0 43 32 34 2 0.21 RUD070 RAB Ultima Dam 636832.4 6378775.7 311.0 0.0 -90.0 68 66 68 2 0.32 RUD091 RAB Ultima Dam East 639137.5 6376647.6 264.7 0.0 -90.0 38 20 22 2 0.42 07UDRC006 RC Ultima Dam West 634721.6 6379012.8 279.8 210.0 -60.0 30 16 20 4 0.14 07UEDH001 DD Ultima Dam East 638161.4 6377266.9 275.6 48.9 -69.5 106 41 44 3 0.13 56 57 1 0.24 71 72 1 0.11 07UEDH002 DD Ultima Dam East 638180.2 6377158.8 271.7 55.0 -60.0 112 48 49 1 0.12 69.6 70.6 1 0.28 07UERC001 RC Ultima Dam East 638151.6 6377259.8 275.3 60.7 -62.5 115 66 73 7 0.34 07UERC003 RC Ultima Dam East 638114.7 6377358.2 280.7 66.0 -60.0 106 47 55 8 0.17 08UERC016 RC Ultima Dam East 639533.1 6375664.5 258.2 61.0 -61.4 88 71 72 1 0.12 08UERC026 RC Ultima Dam East 638091.7 6377339.8 278.7 54.3 -60.5 100 64 68 4 0.18 08UERC029 RC Ultima Dam East 638135.3 6377247.4 274.6 55.0 -60.0 72 41 44 3 0.18 48 49 1 0.10 08UERC031 RC Ultima Dam East 638229.1 6377254.6 274.5 52.0 -60.6 58 33 35 2 0.12 08UERC032 RC Ultima Dam East 638193.4 6377227.7 273.7 55.3 -60.6 76 48 50 2 0.30 08UERC033 RC Ultima Dam East 638160.8 6377203.1 273.0 55.0 -60.0 79 37 38 1 0.18 08UERC035 RC Ultima Dam East 638964.9 6376726.7 265.9 52.0 -61.1 160 69 72 3 0.56 08UERC036 RC Ultima Dam East 639004.4 6376695.0 265.2 54.9 -60.7 150 66 70 4 0.18 08UERC050 RC Ultima Dam East 640812.0 6376068.3 251.3 237.0 -89.3 106 24 27 3 0.21 08UERC051 RC Ultima Dam East 640780.1 6376044.8 251.5 227.3 -89.6 112 48 60 12 0.21 08UWRC001 RC Ultima Dam West 635402.9 6378901.2 288.8 0.0 -55.0 145 45 48 3 0.10 08UWRC003 RC Ultima Dam West 635402.6 6378703.4 286.6 359.8 -56.1 334 186 189 3 0.13 08UWRC004 RC Ultima Dam West 635402.5 6378849.6 287.7 357.3 -55.3 178 78 82 4 0.11 08UWRC007 RC Ultima Dam West 634900.1 6378850.3 283.3 0.0 -55.0 272 113 114 1 0.18 155 159 4 0.29 08UWRC009 RC Ultima Dam West 634396.9 6379100.2 277.0 356.5 -56.5 178 65 68 3 0.17 10UEDH001 DD Ultima Dam East 638194.1 6377290.1 276.8 235.7 -60.1 92 43 44 1 0.26 47.4 49 1.6 0.36 54 55 1 0.11 10UERC001 RC Ultima Dam East 638077.6 6377372.0 279.5 52.8 -60.1 84 74 78 4 0.12 10UERC003 RC Ultima Dam East 638117.9 6377376.5 281.7 54.4 -60.0 58 52 58 6 0.34 10UERC006 RC Ultima Dam East 638092.1 6377361.1 279.7 56.0 -60.0 84 52 54 2 0.11 60 64 4 0.12 10UERC007 RC Ultima Dam East 638135.8 6377308.9 278.3 51.6 -60.2 73 44 58 14 0.47 10UERC008 RC Ultima Dam East 638153.8 6377289.4 277.2 55.4 -59.7 68 50 54 4 0.15 10UERC009 RC Ultima Dam East 638184.2 6377280.5 276.4 45.7 -59.6 61 38 40 2 0.13 46 52 6 0.36 10UERC012 RC Ultima Dam East 638222.1 6377218.3 273.3 62.5 -60.0 74 42 44 2 0.15 60 62 2 0.26 10UERC013 RC Ultima Dam East 638179.3 6377188.9 272.6 52.0 -60.3 97 84 88 4 0.80 10UERC014 RC Ultima Dam East 638160.4 6377174.0 272.2 50.9 -60.1 111 98 100 2 0.13 10UERC018 RC Ultima Dam East 638278.2 6377163.6 272.2 57.5 -60.7 49 26 28 2 0.17 10UERC024 RC Ultima Dam East 638333.1 6376957.3 268.8 58.1 -60.3 82 76 78 2 0.26 10UERC025 RC Ultima Dam East 638399.3 6376943.2 268.8 57.9 -59.8 110 0 2 2 0.10 10UERC026 RC Ultima Dam East 638420.6 6376784.4 266.2 56.5 -60.2 114 84 86 2 0.22 10UERC030 RC Ultima Dam East 638542.3 6376734.7 265.4 57.4 -59.6 114 92 94 2 0.10 10UERC031 RC Ultima Dam East 638518.2 6376717.7 265.2 54.2 -60.4 132 36 38 2 0.13 42 44 2 0.13 10UERC038 RC Ultima Dam East 638362.8 6376917.8 268.1 53.6 -60.6 120 28 30 2 0.14 10UERC039 RC Ultima Dam East 638299.2 6376929.4 268.5 54.0 -59.9 96 68 70 2 0.19 10UWRC001 RC Ultima Dam West 635001.7 6378928.2 282.0 351.4 -55.5 102 94 96 2 0.13 10UWRC004 RC Ultima Dam West 635326.7 6378875.9 286.6 358.7 -56.3 108 16 20 4 0.36 86 90 4 0.20 10UWRC005 RC Ultima Dam West 635449.5 6378875.3 289.0 353.2 -55.7 96 68 70 2 0.12 10UWRC008 RC Ultima Dam West 635576.2 6378810.3 290.1 359.3 -55.0 108 74 78 4 0.56 10UWRC010 RC Ultima Dam West 635742.5 6378773.3 292.8 49.3 -55.3 48 32 34 2 0.20 Alliance Resources Ltd ASX Announcement 8 October 2021 13 ASX ANNOUNCEMENT Table A con tinued : Ultima Dam Historic Drill Pulp Re - Assay Gold Intercepts >0.1 g/t Au Hole ID Type Prospect East_MGA North_MGA RL (m) Azimuth Dip EOH From (m) To (m) Interval (m) Au (g/t) 11UEDH002 DD Ultima Dam East 638166.2 6377334.1 280.9 225.0 -59.1 69.8 49.7 50.25 0.55 0.60 11UEDH003 DD Ultima Dam East 638204.0 6377301.1 277.3 42.9 -75.0 39.7 29.69 30.61 0.92 0.21 33 33.8 0.8 0.53 36.77 39.3 2.53 1.01 12UEGC007 RC Ultima Dam East 638094.4 6377388.9 281.0 55.0 -60.0 72 52 56 4 0.57 12UEGC010 RC Ultima Dam East 638131.8 6377367.5 281.7 55.0 -60.0 60 48 52 4 0.20 12UEGC011 RC Ultima Dam East 638105.4 6377347.8 279.7 55.0 -63.0 76 52 56 4 0.10 12UEGC014 RC Ultima Dam East 638111.0 6377339.2 279.5 55.0 -60.0 78 50 53 3 0.10 61 64 3 0.10 12UEGC016 RC Ultima Dam East 638119.8 6377328.0 279.3 55.0 -60.0 78 52 55 3 0.16 62 65 3 0.10 12UEGC017 RC Ultima Dam East 638095.6 6377314.3 277.6 55.0 -60.0 90 69 72 3 0.34 12UEGC020 RC Ultima Dam East 638124.0 6377315.7 278.6 55.0 -60.0 78 40 44 4 0.39 54 60 6 0.11 12UEGC021 RC Ultima Dam East 638146.1 6377299.7 278.2 55.0 -60.0 66 52 56 4 0.23 12UEGC022 RC Ultima Dam East 638201.5 6377324.1 279.0 55.0 -60.0 24 20 24 4 0.11 12UEGC023 RC Ultima Dam East 638168.8 6377301.1 278.3 55.0 -60.0 66 36 63 27 0.28 12UEGC024 RC Ultima Dam East 638137.1 6377278.9 276.4 55.0 -60.0 78 16 20 4 0.14 68 72 4 0.10 12UEGC025 RC Ultima Dam East 638159.4 6377282.5 276.8 55.0 -60.0 66 40 48 8 0.22 12UEGC026 RC Ultima Dam East 638128.2 6377257.3 275.3 55.0 -60.0 102 44 48 4 0.13 12UEGC027 RC Ultima Dam East 638180.2 6377318.3 279.5 0.0 -90.0 56 32 48 16 0.40 12UEGC028 RC Ultima Dam East 638165.0 6377255.5 275.4 55.0 -60.0 78 48 52 4 0.12 12UEGC030 RC Ultima Dam East 638199.8 6377276.7 276.1 55.0 -60.0 48 36 48 12 0.25 12UEGC032 RC Ultima Dam East 638162.7 6377236.1 274.4 55.0 -60.0 90 60 64 4 0.11 12UEGC033 RC Ultima Dam East 638132.5 6377214.4 273.7 55.0 -60.0 126 112 116 4 0.30 12UEGC037 RC Ultima Dam East 638218.9 6377275.5 275.7 55.0 -60.0 37 28 34 6 0.13 12UEGC038 RC Ultima Dam East 638111.2 6377275.1 275.8 55.0 -60.0 127 96 100 4 0.31 120 124 4 0.14 12UWGC002 RC Ultima Dam West 635775.8 6378751.6 293.8 45.0 -60.0 60 54 55 1 4.93 Alliance Resources Ltd ASX Announcement 8 October 2021 14 ASX ANNOUNCEMENT Section 1 – Sampling Techniques and Data Criteria JORC Code explanation Commentary Sampling techniques Nature and quality of sampling (eg. cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc.). These examples should not be taken as limiting the broad meaning of sampling. • Rotary air blast (RAB), aircore, r ever se circulation (RC) and diamond drilling programs have been completed in the Ultima Dam area since 19 80 . • RUD and LG0 2 prefix holes are RAB holes. 02MAG prefix holes are RC holes. 04AC prefix holes are aircore holes. Ultima Dam d rill hole naming convention since 1999 is: dd p p ttnnn where dd = last two digits of the year , p p = Prospect , tt = Drilling Method, and nnn = hole number. • Prospect codes are: UD = Ultima Dam Prospect, UW = Ultima Dam West Prospect, UE = Ultima Dam East Prospect, UDS = Ultima Dam South Prospect. • Drilling Method codes are: DH = diamond hole, RC = RC hole, GC = iron o re grade control RC hole , R = RAB hole . • Sample type for RAB, aircore and RC holes is drill cuttings. • Sample typ e for diamond holes is NQ to PQ sized drill core. Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used. • Industry sta ndard practice has been applied on site to en sure sample representivity. The laborator ies have applied appropriate QA - QC to sample preparation and appropriate calibration/QA - QC to analytical instruments. Aspects of the determination of mineralisation that are Material to the Public Report. In cases where ‘industry standard’ work has been done this would be relatively simple (eg. ‘reverse circulation drilling was used to obtain 1m samples from which 3kg was pulverised to produce a 30g charge for fire assay’ • RAB, aircore and RC drillin g was used to obtain 1m to 4m samples from which approximately 3k g was pulverised to produce a 40g or 50g charge (depe nding on laboratory) for fire assay. • Diamond core w as cut using fillet, 1/16, 1/8, 1/4, 1/2, or hole core as appropriate to obtain 0. 1 to 4.0 m samples (average ~1m) from which ~3kg was pulverised to pr oduce a 40g or 50g charge (depending on laboratory) f or fire assay. Drilling techniques Drill type (eg. core, reverse circulation, open - hole hammer, rotary air blast, auger, Bangka, sonic, etc.) and details (eg. core diameter, triple or standard tube, depth of diamond tails, face - sampling bit or other type, whether core is oriented and if so, by what method, etc.). • RAB and aircore drilling was completed using 3” to 4½” bits. • Reverse cir culation drilling was completed using 4 ”, 4½” and 5¾” sized hammers with fac e sampling bit. • Diamond drilling was completed using NQ to PQ sized core. Drill sample recovery Method recording and assessing core and chip sample recoveries and results assessed. • Sample reco very and quality was not routinely logged for all historic RAB, aircore, and RC holes . • Lost core in diamond holes is recorded during geological logging. Measures taken to maximise sample recovery and ensure representative nature of the samples. • Gro und conditions in the Ultima Dam area for drilling are generally good. • RC drilling is undertaken using auxiliary compressors and boosters to keep the hole dry and maximise sample lift to maintain their representivity. • Diamon d holes may be drilled using rotary mud or RC pre - collars or triple tu be to ensure good sample recovery of poorly or semi - consolidated rock. Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material. • There is no known relationship between sample re covery and grade. Gold metallurgical test work at the nearby Weednanna Deposit indi cates that there is unlikely to be a sa mple bias based on preferential loss/gain of fine/coarse material as the gold is fine - grai ne d and well distributed across all size fractions. Logging Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies. • All drill holes except LG02 prefix RAB holes have been logged by a geologist for lithology, weathering, colour, alteration, texture, mineralogy , and mineralisation. Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc.) photography. • Sample loggi ng is qualitative (e.g. colour) and quantitat ive (e.g. % minerals) in nature depending on the feature being logged. The total length and percentage of the relevant intersections logged. • All holes were logged from start to finish. Alliance Resources Ltd ASX Announcement 8 October 2021 15 ASX ANNOUNCEMENT Section 1 – Sampling Techniques and Data Criteria JORC Code explanation Commentary Sub - sampling techniques and sample preparation If core, whether cut or sawn and whether quarter, half or all core taken. • Diamond core was cut using fillet, 1/16, 1/8, 1/ 4, 1/2 and hole core samples as appropria te for the core size and length sampled t o obtain ~3kg for analysis. ½ core samp ling is the preferred technique over ~1m intervals for NQ sized core. If non - core, whether riffled, tube sampled, rotary split, etc. and whether sampled wet or dry. • RAB, aircore, and some RC samples are collected a s 2m to 4m composite scoop samples • One met re RC samples were split on the drilling rig to produce ~3kg sub - samples for submission to an analytical laboratory. Most samples are dry. For all sample types, the nature, quality and appropriateness of the sample preparation technique. • Th e sample preparation techniques described a bove are appropriate to provide representat ive samples to a laboratory for drying, crushin g, pulverising, and subsampling for go ld analysis using the fire assay technique. Quality control procedures adopted for all sub - sampling stages to maximize represe ntivity of samples. • Quality control procedures are unknown for holes drilled prior to 200 7 . • Company s ubmitted standards, blanks, and duplicat es were inserted for the 200 7 – 2012 drilling programs. Measures taken to ensure that the sampling is representative of the in situ material collected, including for instance results for field duplicate/second - half sampling. • The sa mpling measures described above ensured the sampling was representative of the in - situ material. Whether sample sizes are a ppropriate to the grain size of the material being sampled. • T he samples sizes are considered appropriate to the grain size of the material being sampled. Quality of assay data and laboratory tests The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total. • Historic sample preparation was completed by AMDEL, SGS, or UltraTrace. Sample preparation generally consisted of drying, crushing and pulverising <3kg samples to 85 - 90% passing - 75µm. • The analytical laborator ies used for gold analysis of historic pulps were ALS in Pooraka, SA , and Bureau Veritas in Wingfield, SA. • Comp ressed historic drill samples pu lps were homogenised before g old analysis was completed using the fire assay technique with AAS finish. Most analyses used a 40g charge (Bureau Veritas) or 50g charge (ALS), however some historic sample pulps were analysed using a smaller charge due to sam ple size. • While the use of a larger charge is preferred metallurgical test work at Weednanna suggests that this is unlikely to have a significant effect on assay results as the gold is fine grained and relatively homogeneous. • Fire assay is considered t o be a total digestion technique for gold. For geophysical tools, spectrometers, handheld XRF instruments, etc., the parameters used in determining the analysis including instrument make and model, reading times, calibration factors applied and their dev iation, etc. • Not applicable. Nature of quality control procedures adopted (eg. standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (ie. lack of bias) and precision have been established. • At ALS each fire (usually 84 pots) contains one blank and a minimum of two standards and three replicates to monitor accuracy and precision of results from the individual fire. • Bureau Veritas work to documented pr ocedures in accordance ISO 9001 Quality Management Systems. A nominal one in twenty (5%) of all samples are analysed in duplicate . Blanks and reference materials are randomly inserted into every rack of samples . Verification of sampling and assaying The verification of significant intersections by either independent or alternative company personnel. • Alternative Company geologists have verified the significant results that are tabled in this report. The use of twinned holes. • Twinned holes have not been used to verify sampling and assaying. Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols. • Each sample bag is labelled with a unique sample number assigned at the point of sampling in the field. Sample numbers are used to match analyses from the laboratory to the in - house database containing down hole drill hole data. Alliance Resources Ltd ASX Announcement 8 October 2021 16 ASX ANNOUNCEMENT Section 1 – Sampling Techniques and Data Criteria JORC Code explanation Commentary Discuss any adjustment to assay data. No assay data has been adjusted. Location of data points Accuracy and quality of su rveys used to locate drill holes (collar and down - hole surveys), trenches, mine workings and other location used in Mineral Resource estimation. • All holes drilled since J uly 200 7 and hole U2 have been s urveyed by registered surveyors using a DGPS. Expected horizontal and vertical accuracy is +/ - 25cm. • The survey m ethod of holes drilled prior to July 2007 is unknown . • H ole s U1, U3, and 07UDRC001 - 010 were down hole surveyed using a single shot camera. • A ll holes drilled between 2007 and 2011, inclusive (except holes 07UDRC001 - 010) and hole U2 have been accu rately down hole surveyed using a gyroscope. • All holes drilled prior to 2007 (except U2) and those drilled in 2012 were not down hole surv eyed. • The gold assay results from holes reported are low - grade and unlikely to contribute to a Mineral Resource Estimate. The accuracy of h oles drilled between 200 7 and 2012 are suitable for Mineral Resource estimation. The holes drilled during 2012 that were not down hole surveyed are relatively short and shouldn’t have a significant impact on the accuracy of a Mineral Resource Estimate. Specification of the grid system used. • GDA2020, MGA Z one 53. Quality and adequacy of topographic control. • The elevati on (mRL) of all holes drilled since July 2007 and hole U2 h ave been accurately surveyed by a registered surveyor using a DGPS. • The elevation of historic drill hole collars whose survey method is uncertain ha ve been allocated by either using a digital terrain model or adjacent surveyed hole collar RL’s. Data spacing and distribution Data spacing for reporting of Exploration Results. • Data spa ci ng is listed in the body of the report. Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure (s) and classifications applied. • The d ata spacing and distribution is considered suf ficient to establish geological and gra de continuity appropriate for a Mineral Resource Estimate. Whether sample compositing has been applied. • Sample pulps consist of cut diamond drill core, 1m split RC samples, and 2m to 4m composite RAB, aircore, and RC scoop samples. • 701 samples sent by Alliance for analysis consisted of 3m to 4m composite samples composed on 1m split historic dri ll pulps, representing 2,693m of drilling. All other pulps sent for analysis utilised the original drill sample pulp, without further compositing. Orientation of data in relation to geological structure Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type. • The host lithology for gold and iron is calc - silicate and magnetite skarn, with stratigraphy indicated by high magnetism. • RC and diamond drill ing were designed perpendicular to the magnetic anomalies to achieving minimal sampling bias. • RAB and aircore holes are designed to test for mineralisation in the regolith and were drilled vertically to intersect sub - horizontal or flat dipping mineralisa tion. • Gold mineralisation at the nearby Weednanna Deposit is fine - grained and indicates that gold mineralisation should not be biased by drilling orientation. • Due to the varying geometry of gold shoots in this region some shoots will be intersected by drilling at a steeper angle than others. • Most drilling was completed using - 60° dipping holes on traverses oriented perpendicular to stratigraphy with the objective of achieving unbiased sampling of mineralised shoots. If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material. • The relationship between the drilling orientation and the orientation of key mineralised structures is not considered to have introduced a sampling bias . Alliance Resources Ltd ASX Announcement 8 October 2021 17 ASX ANNOUNCEMENT Section 1 – Sampling Techniques and Data Criteria JORC Code explanation Commentary Sample security The measures taken to ensure sample security. • RC and diamond sub - samples are stored on - site pr ior to being transported to the laboratory for analysis. Sample pulps are returned to the Company and stored in a secure location. • All diamond dr illing core is stored either by the Company in a secure location or at the Adelaide Drill Core Reference Core Library in Tonsley . Audits or reviews The results of any audits or reviews of sampling techniques and data. • N o audits or reviews of gold sampling technique s and data have been undertaken in addi tion to those already discussed above. • External review or audit s conducted by Golders (31/07/2008 and 17/12/2008), SKM (14/09/2010) and Runge (31/07/2012) verif y iron sampling techniques, data and QA/QC methods meet JORC standards. Section 2 – Reporting of Exploration Results Criteria JORC Code explanation Commentary Mineral tenement and land tenure status Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings. • The Ultima Dam area is part of the Wilcherry Project (Project), comprising EL’s 5875, 59 31, 6072, 6188, 6379 , 6475 , and EL6521 , owned by Alliance ( 100%) . The Project is located within the Gawler Craton in the northern Eyre Peninsula, South Australia. There is a royalty of 2% of the NSR payable to Aquila Resources Ltd . The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area. • The tene ments are in good standing with no k nown impediments to obtaining a licence to operate in the area. Exploration done by other parties Acknowledgement and appraisal of exploration by other parties. • The a rea has been explored since the 19 70’s by companies including Pan Continental Mining, Asarco, Murumba Minerals, Sh ell Co. of Australia Ltd (later Acacia Resources Ltd), WMC R esources Ltd, Aberfoyle Resources Ltd , Anglogold Australia Ltd, Aquila Resourc es Ltd, Trafford Resources Ltd, Ironclad Mining Ltd (later Tyranna Resources Ltd). • D rilling has been complete d in the Ultima Dam area by the following exploration companies - • 19 80 - 1985 : Shell Company • 19 89 : A berfoyle Resources • 1999: Anglogold • 2002 - 2004 : Aquila Resources • 200 7: Ironclad Mining and Trafford Resources • 2008 - 201 2 : Ironclad Mining Geology Deposit type, geological setting and style of mineralisation. • The geology in the Ultima Dam area is charac terised by a north west to west - northwest striking unit of tightly folded and structurally complex Pal eo - Proterozoic Hutchinson Group se diments, consisting of quartzite, marl and dolomite with lesser sandstone and minor basalt, which have been metamorphosed under upper amphi bolite facies conditions and altered to pr oduce interleaving calc - silicate and magnetite skarn with lesser gneiss. • This alte red meta - sedimentary package is bo unded to the east and west by Archae an Sleaford Complex granite and gneiss. • Granites and minor amphibolite intrude the meta - sedimentary package and are probably associated with the Kimbian Peter Pan Supersuite. • The Ultima Dam area is broadly sub - divid ed into the Ultima Dam West, Ultima Dam, Ultima Dam East, and Ultima Dam South prospects. • Gold minera lisation occurs within both the Archae an Sleaford Complex granite and gneiss and Paleo - Proterozoic Alliance Resources Ltd ASX Announcement 8 October 2021 18 ASX ANNOUNCEMENT Section 2 – Reporting of Exploration Results Criteria JORC Code explanation Commentary Hutchinson Group meta - sediments and is associated with the in trusion of Hiltaba Granites and skarn alteration. • G old was deposited in favourable structura l and lithological areas during both th e peak metamorphic event and as the host rocks have cooled. • Due t o the high regional metamorphic temperate during gold emplacement, gold shoots are relatively discrete and high grade. • The area was assessed for economic concent rations of iron ore by Ironclad Minin g (2007 - 2012) and also contains sub - eco nomic concentrations of silver, bismuth, tin, uranium, lead, and zinc. • Iron mineralisation occurs within Paleo - Proterozoic Hutchinson Group m eta - sediments as primary magnetite formed by skarn alteration of dolomite, and as secondary hematite, ilmenite, and goethite derived from weather ed of magnetite. Drill hole Information A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes: • easting and northing of the drill hole collar; • elevation or RL (reduced Level - elevation above sea level in metres) of the drill hole collar; • dip and azimuth of the hole; • down hole length and interception depth; • hole length. If the exclusion of this information is justified on the basis that t he information is not material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly explain why this is the case. • Refer to Figure 1 in the body of this report for the location of all holes drilled in the Ultima Dam area. Table A contains the collar co - ordinates and details of all holes containing > 0.1 g/t Au referred to in this report. Data aggregation methods In reporting Exploration results, weighting averaging techniques, maximum and/or minimum grade truncation (eg. cutting of high grades) and cut - off grades are usually material and should be stated. • The r esults are weighted averages by sample length. No high - grade cuts have been applie d. Results are reported for all i nterval s of greater than 0. 1 g/t Au. Where aggregate intercepts incorporate short lengths of high grade results and longer lengths of low grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregati on should be shown in detail. • Lengths of lo w grade results have been incorpo rated where the adjacent higher grade resul ts are of sufficient tenor such that the weighted average remains close to or above the lower cut - off grade. The assumptions used for any reporting of metal equivalent values should be clearly stated. • No metal equivalents are reported. Relationship between mineralisation widths and intercept lengths These relationships are particularly important in the reporting o f Exploration Results. If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported. If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (eg. ‘down hole length, true width not known’). • Th e gold and iron shoots in the Ultima Dam area are likely to vary greatly in geometry due to the skarn - style of mineralisa tion and remobilisation by weathering. Assay results ar e reported as down hole lengths becau se the true width is not always known. Diagrams Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant di scovery being reported. These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views. • Refer to figures in the body of this report. Balanced reporting Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results. • The result s reported represent all significant assay results averaging gr eater than 0.1 g/t Au . Other substantive exploration data Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; bulk samples - size and method of treatme nt; metallurgical test results; bulk density; groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances. • Metallurgical test work at the nearby Weednanna Au - Fe Deposit has rev ealed that gold is fine graine d and evenly distributed across all siz e fractions. The mineralisation contains minor deleterious elements and is not refr actory across most of the deposit. At Shoot 1 a mild - refractory component of ore appears to be associated with elevated Alliance Resources Ltd ASX Announcement 8 October 2021 19 ASX ANNOUNCEMENT Section 2 – Reporting of Exploration Results Criteria JORC Code explanation Commentary arsenopyrite. Good gold recoveries in excess of 85 - 90% should be achievable for most of the deposit by pr ocessing through a conventional cyanide leach circuit, however recoveries from Shoot 1 ore may be lower. • Iron processing methods considered at Weednanna by Ironclad Mining include direct shipping ore (DSO), gravity separation (GS), and dry magnetic separation (DMS). Extensive testwork was completed to determine grade recovery relationships for the DMS and GS processing methods to feasibility study level. • Allia nce and previous explorers have c ompiled a comprehensive density database for the Wilcherry Project. This datab ase consists of more than 15,000 measurements c ollected across all rock types relevant for a Mineral Resource Estimate. Further work The nature and scale of planned further work (eg. tests for lateral extensions or depth extensions or large - scale step - out drilling). Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive. • Refer to main body of announcement .

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