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Arizona Mining Inc.
Summary
| Project: | Hermosa | |
|---|---|---|
| Deposit: | Taylor | |
| Location: | United States | |
| Commodities: | Silver-Lead-Zinc-Copper | |
| Date: | 12/15/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 15-12-2016: Arizona Mining Inc. announces an Exploration/Drilling Update report for its Taylor deposit at the Hermosa project. Drilling results incl. 10.1m @ 379.15g/t Ag, 20.17% Pb, 22.78% Zn, 0.13% Cu from 400.3m. Vancouver, B.C., December 15, 2016 – Ar | |
| Resources: | (Resource): 31.14Mt @ 10.9% ZnEq% (Ind.) and 82.75Mt @ 11.1% ZnEq (Inf.) | |
| CP/QP: | [Overall Report]: Donald Taylor (Internal) | |
| ABSTRACT: | Vancouver, B.C., December 15, 2016 – Arizona Mining Inc. (TSX: AZ) (“Arizona Mining” or the “Company”) is pleased to announce the results of three (3) exploration drill holes from its current program on the Taylor zinc-lead-silver sulfide deposit located on its 100%-owned Hermosa Project in Santa Cruz County, Arizona. This brings the total number of drill holes reported in the 2016 program to thirty-seven (37). HDS-359 is a significant step out hole drilled approximately 1,100 feet northwest of the boundary of the previously reported resource area (see news release dated October 31, 2016). The drill hole intersected a series of high grade zinc-lead-silver veins in the volcanics before the hole was terminated well above the intended carbonate target horizons, due to difficult drilling conditions. Several well mineralized veins were intersected in the drill hole including a 33-foot thick interval assaying 22.8% zinc, 20.2% lead and 12.2 ounces per ton (“opt “) silver. True thickness of the vein is not known at this time. This hole will be drilled to completion as time and resources allow. HDS-380 is a low angle (-60 degrees) core hole drilled to expand the resource to the southwest. The drill hole intersected three (3) thin mineralized zones indicating the mineralization and alteration of the carbonates continues to the southwest well beyond the current boundary. The most significant interval from the drill hole was a 25-foot thick zone high in the carbonate sequence which assayed 1.5% zinc, 2.0% lead and 4.2 opt silver. Deeper down the hole, the drilling intersected a 3.5-foot thick vein which assayed 9.7% zinc, 8.2% lead and 12.2 opt silver. | |
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