AGS ANNOUNCES SIGNIFICANT GOLD RESULTS

ALLIANCE RESOURCES, WEEDANNA PROSPECT ON THE EYRE PENINSULAR S.A.

Alliance Resources Limited announce significant drill results from their 5,211m RC drilling program, where they drilled a total of 33 holes between June and July 2019. The Company says that the results from these holes grows the size of the Weedanna Deposit outside of the already announced Maiden Mineral Resource area.

Drill results included:

Best holes from the 33 holes reported were, Drill Hole 19WDRC064: 3.4g/t Au from 118m. Drill Hole 065: 9m @ 3.0g/t Au fm 147m and 3m @ 4 g/t Au fm 175m. Drill Hole 067: 6m @ 16.6g/t Au fm 107m includes 4m @ 24.1 g/t Au from 108m. Drill Hole 075: 3m @ 3.8g/t Au fm 127m Drill Hole 076: 3m @ 5.4g/t Au fm 10m. Drill Hole 086:13m @ 1.2g/t Au fm 97m

The Company also announced in the same article that they drilled a yet unnamed geophysical target identified by 3D Induced Polarisation (3IP) and the hole returned 10m @ 1,6g/t Au from 92m depth.

Maiden JORC Resource and further extensive drilling

The Company announced a JORC compliant maiden resource in 2018, at the Weedanna project of 1.097 million tonnes @ 5.1g/t Au for 181,000 ounces of Gold in the Indicated and inferred category. A scoping study has been carried out and since then a further 139 RC holes have been drilled as well as 5 diamond core holes for a total meterage of 21,542m.

The Company has also advised it is continuing with its metallurgical studies on the project to optimize processing and the design of the process facility to treat the Weedanna ore.

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