Alliance Resources
Stock Code
Stock Exchange
Alliance Resources (AGS) is a mineral exploration company which focuses on exploration for uranium, gold and copper-gold, in South Australia and Victoria. Alliance has a 100% ownership of Maldon Gold Project, located in Victoria. The Company is searching for copper-gold at the Warrina Project in South Australia and for copper and base metals near Broken Hill in New South Wales. Alliance Resources was listed on the Australian Stock Exchange on 19 of October, 1994.
Alliance Resources (AGS) was the worst performing company on the Australian sharemarket this week (loser of the week for week 18 of 2007). The gold miner lost 19 percent of it share value in a week after the release of a report on one of its uranium deposits.
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