Overview:

Golden Alliance Resources Corp (CVE:GLL), is a company focused on gold, copper, and silver exploration in Peru. The Company has a very strong portfolio of 100% owned projects totalling 25,000 hectares in Peru offering multiple opportunities for significant discoveries. Golden Alliance offers exceptional growth potential for shareholders with an attractive portfolio of highly-prospective exploration projects and a good pipeline of drill-ready acquisition opportunities under review.

Golden Alliance is focused on:

• Surface exploration program on 100%-owned 8,710ha Rio Tabaconas High-Grade gold property to prepare for drilling and evaluate additional targets;
• Continuing to seek, evaluate and negotiate accretive high-potential advanced exploration projects.

Golden Alliance is a member of the Grosso Group, a management company with over 18 years of experience in South America, and active in Peru since 1995.

Investment Highlights

• Attractive, highly-prospective exploration projects
• Good pipeline of drill-ready acquisition opportunities under review
• 19.2 million shares issued

Chief Properties:

Rio Tabaconas Gold Project

The Rio Tabaconas project is positioned inside the prolific Cajamarca copper-gold metallogenic trend in Northern Peru. The trend is host to over 20 major deposits including: the Fruta del Norte gold deposit, Yanacocha, Pierina and the Magunas Norte. The project is road accessible and, as a result, can be worked year round. The Rio Tabaconas property shows evidence of historic mining, including several adits, open cuts and trenches at the Cerro Tablon, Cerro Las Minas and Vegas areas. Cerro Tablon’s main adit shows significant operations with at least 35 metres of underground tunneling. The series of escalating exploration programs signify a high potential for economic gold deposits on the property.

Confirmation of significant gold mineralization at Cerro Tablon and Cerro Las Minas was identified by four campaigns of property-wide prospecting, mapping and geochemical rock, soil and silt sampling.The campaigns were completed between June 2000 and October 2001.

Early indicators of this project’s size and quality started with soil samplings that were so impressive it warranted a second look. Hundreds of soil samples between 350 ppb au and 900 ppb au were recorded and then over 100 samples in the 4km by 2 km zone returned ranges from 900 ppb au to 18,200 ppb au. Geochemistry and IP reinforced the findings of the soil samples which lead to a phase 1 drill program.

At Cerro Las Minas, bulk-tonnage, disseminated gold mineralization is associated with strong to intense phyllic alteration at the West Breccia and Peak Zones, while high-grade (up to 62.9 g/t Au) lode-gold occurs within quartz vein/shear zones at Minas Sur and La Catedral.

There is known high-grade, gold-rich massive sulfide skarn mineralization at Cerro Tablon consisting of gold-rich massive sulphide bodies (pyrrhotite-pyrite-sphalerite-galena-chalcopyrite) which replace limestone and occur as stratabound, fault-related, and intrusive contact-related bodies. In addition to these carbonate-replacement bodies, Cerro Tablon also hosts potential for structurally-controlled mineralization at the North and La Union Zones. Some highlights from the 2001 drilling project on the Cerro Tablon area include:

• 18.0 g/t gold over 16.4m (estimated true width of 7m), including 118 g/t (3.445 oz/ton) over 2.15m containing visible gold in RT-29
• 4.9 g/t gold over 14.11m (estimated true width of 10m), including 15.2 g/t gold over 2.86m in RT-22
• 5.1 g/t gold over 9.45m (estimated true width of 6m), including 17.6 g/t over 1.41m in RT-21
• 13.0 g/t gold over 3.10m (estimated true width of 2.7m), including 33.3 g/t gold over 1.00m in RT-25
• 8.8 g/t gold over 25.42m (estimated true width of 11.5m), including 19.8 g/t over 2.90m and 12.6 g/t over 7.62m in RT-13
• 5.3 g/t gold over 17.09m (estimated true width of 11.3m), including 14.2 g/t gold over 2.66m in RT-11
• 3.2 g/t gold over 21.41m (estimated true width of 12.5m), including 5.5 g/t gold over 6.27m in RT-6

Rio Tabaconas high grade gold project work program for 2011 is to apply for over 20,000 m drilling application that will take it to phase 2 drilling and beyond.

Sampling of Massive Sulfide Boulder

Management

Joseph Grosso – CEO & Director
Mr. Grosso is the founder of Grosso Group Management and a respected entrepreneur with extensive international business experience having operated for decades in various European and Asian countries. From his corporate headquarters in Vancouver, Canada Mr. Grosso has developed a strong network of long term international financial relationships. He has experience in financing, marketing strategies and has successfully formed strategic alliances and negotiated with mining industry majors such as Barrick, Teck, Newmont and Viceroy, now Yamana Gold.

During a family visit to Argentina in 1993 Mr. Grosso met Dr. Vicente Mendez, ex-chief geologist for the government and associate professor at the University of Buenos Aires, who explained the early stage mining opportunities in Argentina. To take advantage of such opportunity, Mr. Grosso formed Minas Argentina S.A. (MASA) with Dr. Vicente Mendez as chief property scout and geologist. Thus the Grosso Group team discovered the Gualcamayo project and eventually Minas Argentinas SA and the Gualcamayo project were taken over and today are managed by Yamana Gold.

Mr. Grosso is a proponent and passionate ambassador of good mining practices and as such has been able to form a committed management group comprised of professionals who are extremely sensitive to the needs of working in mining regions with strong emphasis on community relations and building strong ties with local governments as key components for success.

Of Italian descent and fluent in Italian, English and Spanish, Mr. Grosso lived in Argentina and Peru where he acquired a very deep appreciation for Latin culture and successfully developed a vast network of contacts which have been very beneficial to the associated companies of the Grosso Group.

Normand Champigny, PEng, MASc – President, COO & Director

Mr. Champigny is a senior mining professional with 30 years of international practice mostly with world-leading consultancy organizations. From 2009 to present, he was part of PricewaterhouseCoopers’ Americas’ Mining Centre of Excellence. His previous experience includes Executive Vice President for Azimut Exploration Inc. (2006-2009), Associate Partner with IBM Business Consulting Services as Americas Mining Industry Leader (2002-2006), and Principal Consultant for the Mining Industry Group with PricewaterhouseCoopers Consulting (2000-2002). Mr. Champigny has a Bachelor’s degree in Geological Engineering from École Polytechnique de Montréal (1979). He obtained a Master’s degree in Geological Engineering from the University of British Columbia (1981) and a Specialized Diploma in Geostatistics from the École des Mines de Paris (1987). He is a Director of the Prospectors & Developers Association of Canada, director of Fonds-Restor Action Nunavik; Chairman of the board of directors of Minalliance; and a member of the Ordre des ingénieurs du Québec, the Professional Engineers of Ontario, and the Association of Professional Engineers and Geoscientists of British Columbia.
Bassam Moubarak, CA – Chief Financial Officer & Corporate Secretary
Mr. Moubarak is a Chartered Accountant with expertise in corporate finance, corporate reporting, financial processes, financing and risk management. Prior to joining Golden Alliance, Mr. Moubarak was Chief Financial Officer of Petaquilla Minerals Ltd. where he was instrumental in raising in excess of $120 Million to develop and bring into production the Molejon Gold Mine, and assisted in the sale of Petaquilla Copper Ltd to Inmet Mining Corporation. Mr. Moubarak also previously held the position of Senior Manager with the public accounting firm of Deloitte & Touche LLP., where he led audits of public companies and oversaw SOX 404 implementations with specific emphasis on the mining industry. Mr. Moubarak has a B.A. in Economics from Simon Fraser University, and also serves as CFO and Corporate Secretary for Golden Arrow Resources (GRG.V) and Blue Sky Uranium (BSK.V).