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Project: | Hermosa | |
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Deposit: | Taylor | |
Location: | United States | |
Commodities: | Silver-Lead-Zinc-Copper | |
Date: | 9/13/2016 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 13-9-2016: Arizona Mining Inc. announces an Exploration/Drilling Update report for its Taylor deposit at the Hermosa project. Drilling results incl. 52.1m @ 34.84g/t Ag, 3.61% Pb, 4.97% Zn, 0.04% Cu from 698.1m. Vancouver, B.C., September 13, 2016 – Arizo | |
Resources: | (Resource, Inf.): 39.4Mt @ 11% ZnEq. at the Taylor deposit | |
CP/QP: | [Overall Report]: Donald R. Taylor (Internal) | |
ABSTRACT: | Vancouver, B.C., September 13, 2016 – Arizona Mining Inc. (TSX: AZ) (“Arizona Mining” or the “Company”) is pleased to announce the results of a further two (2) exploration drill holes from its current program targeting the expansion of the Taylor Zn-Pb-Ag sulfide deposit located on its 100% owned Hermosa Project in Santa Cruz County, Arizona. These and the other recently completed drill holes continue to expand the maiden resource announced on February 1, 2016 of 39.4 million inferred tonnes grading 11% zinc equivalent. HDS-354 is an exploration step out hole located approximately 1,300 feet northwest of the existing resource area. This drill hole is important in extending the mineralization as it matches up well with the mineralized intervals from HDS-344 (announced June 28, 2016). The drill hole encountered intense alteration and recrystallization of the carbonate host and five (5) distinct mineralized intervals including a 24.5 foot interval which assayed 23.1% zinc, 13.5% lead, 0.10% copper and 7.3 ounces per ton (“opt”) silver within a 49.5 foot thick broader zone of mineralization which assayed 13.6% zinc, 8.04% lead, 0.11% copper and 4.79 opt silver. HDS-362 is an angle hole drilled southwest from the patented claim block to extend the mineralization beyond the current resource boundary to the southwest. The drill hole encountered 11 distinct mineralized intervals including a 171 foot intercept grading 4.97% zinc, 3.61% lead, 0.04% copper and 1.12 opt silver. Included in this intersection were two significant higher grade intervals including a 24.5 foot interval which assayed 11.63% zinc, 8.04% lead, 0.07% copper and 2.37 opt Ag, and a 9.5 foot interval assaying 11.59% zinc, 9.28% lead, 0.07% copper and 2.88 opt silver. | |
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