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Arizona Mining Inc.
Summary
| Project: | Hermosa | |
|---|---|---|
| Deposit: | Taylor | |
| Location: | United States | |
| Commodities: | Silver-Lead-Zinc-Copper | |
| Date: | 2/20/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 20-2-2018: Arizona Mining Inc. announces an Exploration/Drilling Update report for its Taylor deposit at the Hermosa project. Drilling results incl. 26.2m @ 3.7oz/t Ag, 10.17% Pb, 18.4% Zn, 2.13% Cu from 1224.3m. Vancouver, B.C., February 20, 2018 – Arizo | |
| Resources: | (Resource): 15.2Mt @ 9.6% ZnEq. (Meas.), 85.8Mt @ 10.5% ZnEq. (Ind.) at Taylor | |
| CP/QP: | [Overall Report]: Donald R. Taylor (Internal) | |
| ABSTRACT: | Vancouver, B.C., February 20, 2018 – Arizona Mining Inc. (TSX: AZ) (“Arizona Mining” or the “Company”) announces it has intersected 86 feet assaying 28.6% combined zinc-lead and 3.7 ounces per ton (“opt”) silver in an 850-foot step-out hole, opening up an entirely new area to the southwest of the Taylor deposit and highlighting the continued potential for resource growth and increased grades at its 100%- owned Hermosa Project in Santa Cruz County, Arizona, as distinct from the Updated Preliminary Economic Assessment (“PEA”) (see Press Release dated January 16, 2018). “Our exploration drilling continues to expand the deposit, but more importantly HDS-501 indicates how wide open the project is for major expansion and new discoveries,” said Chief Operating Officer Don Taylor. “This and the other successful infill and step-out drill holes in this release, coupled with others completed since drilling was cut off last October for the updated PEA, will be very accretive for the Feasibility Study now underway.” HDS-501 is a vertical step-out hole targeting Taylor Deeps (TDS) mineralization on the southwest portion of the Trench claim. The drill hole intercepted one vein and a very significantly mineralized Taylor Deeps Zone. The Taylor Deeps intercept extends the mineralization 850 feet to the southwest of the resource and demonstrates the lateral extent of mineralization. Significant mineralization in the Taylor Deeps Zone includes: For a full list of the Trench Vein, Taylor Sulfide and Taylor Deeps Sulfide mineralized intervals from these holes please refer to Table I | |
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