Alliance picks up Philippine prospects

Vancouver-based Alliance Pacific Gold (APG-V) will acquire from MRA Consultants five copper-gold properties on the Philippine island of Luzon.

To earn its 100% interest, Alliance must issue 3.6 million shares, followed by an additional 1 million shares upon receipt of a positive feasibility study for any of the properties.

All five properties are at the early stage of exploration. Work programs are slated to begin shortly.

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