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Arizona Mining Inc.
Summary
| Project: | Hermosa | |
|---|---|---|
| Deposit: | Taylor | |
| Location: | United States | |
| Commodities: | Silver-Lead-Zinc-Copper | |
| Date: | 8/16/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 16-8-2016: Arizona Mining Inc. announces an Exploration/Drilling Update report for its Taylor deposit at the Hermosa project. Drilling results incl. 17.7m @ 191.91g/t Ag, 12.12% Pb, 12.17% Zn, 0.19% Cu from 712.0m. Vancouver, B.C., August 16, 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., August 16, 2016 – Arizona Mining Inc. (TSX: AZ) (“Arizona Mining” or the “Company”) is pleased to announce the results of a further three (3) exploration drill holes from its current program targeting the expansion of the Taylor zinc-lead-silver sulfide deposit located on its 100%-owned Hermosa Project in Santa Cruz County, Arizona. These and 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-358 is located on the northeast side of the Alta Patented Claim and will extend the resource to the northeast. The drill hole encountered 8 distinct mineralized intervals including a 24-foot interval that assayed 22.4% zinc, 24.5% lead, 0.41% copper and 13.3 ounces per ton (opt) silver. This interval was within a broader zone of mineralization that was 58 feet thick and assayed 12.17% zinc, 12.12% lead, 0.19% copper and 6.17 opt silver. HDS-357 is an exploration step out hole located approximately 900 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 (Press Release dated June 8, 2016). The drill hole encountered intense alteration and recrystallization of the carbonate host and five (5) distinct mineralized intervals including a 32.5 foot interval which assayed 7.9% zinc, 14.36% lead and 6.9 opt silver within a 75 foot thick broader zone of mineralization which assayed 3.86% zinc, 7.02% lead and 3.39 opt silver. | |
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