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Alianza Minerals Ltd.
Summary
| Project: | Haldane | |
|---|---|---|
| Deposit: | Bighorn Zone | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Lead-Zinc | |
| Date: | 10/23/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-10-2019: Alianza Minerals Ltd. announces an Exploration/Drilling Update report for its Bighorn Zone deposit at the Haldane project. Drilling results incl. 6.60m @ 0.004g/t Au, 50.1g/t Ag, 1.85% Pb, 0.14% Zn from 151.70m. Alianza Minerals Ltd. (TSX-V: A | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jason Weber (Internal) | |
| ABSTRACT: | Alianza Minerals Ltd. (TSX-V: ANZ) (“Alianza” or the “Company”) reports drilling at the Haldane Silver Property has confirmed the presence of new silver-bearing vein targets at the Bighorn Zone. The first two holes of the program tested the Ross and Bighorn soil geochemical anomalies, neither of which has been previously tested by drilling. Highlights of the first hole at the Bighorn Anomaly include 125 g/t Ag and 4.4% Pb over 2.35 metres from 154.15 metres depth. Additional assay results are pending for the two additional holes drilled at the Mt. Haldane Vein System (MHVS) area and will be reported next. The Haldane high-grade silver target is located in the historic Keno Hill Mining District of Yukon Territory. The 8,579 hectare property is located 25 km west of Keno City, YT in the western portion of the district. The 2019 Phase II program targeted three main areas: the newly identified Bighorn and Ross anomalies and the Mt. Haldane Vein System (MHVS). One hole was completed at each of the Ross and Bighorn anomalies, with two holes targeting the A and B veins of the Middlecoff Zone in the Mt. Haldane Vein System target area. A total of 963 metres were cored in four holes. The Bighorn result comes from the widest of four vein-structures intersected. This structure was cut from 150 to 159 m, and includes the 2.35 m averaging 125 g/t Ag and 4.4% Pb from 154.15 metres depth within a wider 6.60 m intersection that returned 50.1 g/t Ag and 1.85% Pb from 151.7 m. One hole at the Ross anomaly intersected zones of anomalous veining and disseminated mineralization in rocks overlying the prospective lower Keno Hill quartzite unit. It is believed that these are the manifestation of the target structures and that they may form cohesive veins at depth in the permissive units. | |
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