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Arizona Mining Inc.
Summary
| Project: | Hermosa | |
|---|---|---|
| Deposit: | Taylor | |
| Location: | United States | |
| Commodities: | Silver-Lead-Zinc-Copper | |
| Date: | 12/21/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 21-12-2016: Arizona Mining Inc. announces an Exploration/Drilling Update report for its Taylor deposit at the Hermosa project. Drilling results incl. 26.4m @ 144.94g/t Ag, 10.46% Pb, 9.62% Zn, 1.04% Cu from 477.6m. Vancouver, B.C., December 21, 2016 – Ari | |
| 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 21, 2016 – Arizona Mining Inc. (TSX: AZ) (“Arizona Mining” or the “Company”) is pleased to announce the results of four (4) exploration drill holes from its current program on the Taylor zinc-leadsilver 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 forty-one (41). HDS-353 is a significant step out hole drilled approximately 1,700 feet southwest of the boundary of the previously reported resource (see news release dated October 31, 2016). The drill hole intersected three distinct carbonate replacement deposit (“CRD”) hosted stratabound mineralized horizons and one high grade zinc-lead-silver vein. The CRD and vein mineralization occurs in the middle member of the Scherrer Formation (a significant ore host at Taylor). Three well mineralized CRD zones were intersected in the drill hole including a 32-foot thick interval assaying 12.2% zinc, 8.2% lead and 2.3 ounces per ton (“opt“) silver. Included in the zone was a higher-grade, 17-foot thick interval grading 22.0% zinc, 14.8% lead and 3.8 opt silver. HDS-387 is a vertical hole drilled to infill an untested area on the northeast margin of the previously reported resource area. The drill hole was successful and clearly indicates continuity of the mineralization in the northeast area of the resource. HDS-387 intersected seven (7) distinct mineralized CRD horizons with a total cumulative mineralized thickness of 276.5 feet. Several mineralized zones were intersected in the drill hole including a 41.5- foot thick interval assaying 11.1% zinc, 21.8% lead and 7.5 opt silver, which occurred within a larger interval 112.5 feet thick which assayed 5.4% zinc, 9.6% lead and 3.2 opt silver | |
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