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Arizona Mining Inc.
Summary
| Project: | Hermosa | |
|---|---|---|
| Deposit: | Taylor | |
| Location: | United States | |
| Commodities: | Silver-Lead-Zinc-Copper | |
| Date: | 9/22/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 22-9-2016: Arizona Mining Inc. announces an Exploration/Drilling Update report for its Taylor deposit at the Hermosa project. Drilling results incl. 10.8m @ 216.48g/t Ag, 21.11% Pb, 5.84% Zn, 0.58% Cu from 1027.6m. Vancouver, B.C., September 22, 2016 – Ar | |
| Resources: | (Resource, Inf.): 39.4Mt @ 11% ZnEq. at the Taylor deposit | |
| CP/QP: | [Overall Report]: Donald R. Taylor (Internal) | |
| ABSTRACT: | Vancouver, B.C., September 22, 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 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-363 is a step out drill hole on the northeastern edge of the previous resource (See Drill Hole Location Map, attached). The drill hole encountered 8 distinct mineralized horizons with a cumulative mineralized thickness of 421.5 feet. Most notable is a 13 foot thick horizon near the bottom of the hole that assayed 15.5% zinc, 11.8% lead, 3.3% copper and 14.3 ounces per ton (“opt”) silver. Also intersected in the drill hole was a 15.5 foot thick interval (within a broader 118.5 foot mineralized zone) that assayed 5.6% zinc, 10.7% lead, 0.07% copper and 4.0 opt silver. Also intersected in the drill hole is a 21.5 foot interval (within a broader 74 foot mineralized zone) that assayed 4.8% zinc, 8.9% lead, 0.2% copper and 2.5 opt silver. HDS-364 is an exploration step out hole located approximately 750 feet northwest of the existing resource area. This drill hole, coupled with HDS-365 (see below), are important in extending the mineralization and infilling mineralization between recently completed and press released drill holes HDS-338, HDS-354 and HDS-344 (See Drill Hole Location Map attached). HDS-364 encountered intense alteration and recrystallization of the carbonate host and eight (8) distinct mineralized intervals including a 23 foot interval, which assayed 3.4% zinc, 10.6% lead, 0.01% copper and 2.9 opt silver within a 56 foot thick broader zone of mineralization. | |
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