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Arizona Mining Inc.
Summary
| Project: | Hermosa | |
|---|---|---|
| Deposit: | Taylor | |
| Location: | United States | |
| Commodities: | Silver-Lead-Zinc-Copper | |
| Date: | 1/24/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 24-1-2018: Arizona Mining Inc. announces an Exploration/Drilling Update report for its Taylor deposit at the Hermosa project. Drilling results incl. 24.7m @ 212.44g/t Ag, 13.53% Pb, 13.61% Zn, 0.28% Cu from 888.4m. Vancouver, B.C., January 24, 2018 – Ariz | |
| 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., January 24, 2018 – Arizona Mining Inc. (TSX: AZ) (“Arizona Mining” or the “Company”) announces high grade results for four drill holes from the current program focused on expansion of the Taylor Sulfide Zone (“TS”) and Taylor Deeps Zone (“TDS”) located on its 100%-owned Hermosa Project in Santa Cruz County, Arizona. The drill holes highlighted in this release are successful step-out exploration and infill drill holes highlighting the continued potential for resource growth and increased grades, as distinct from the Updated Preliminary Economic Assessment (“PEA”) (see Press Release dated January 16, 2018). “Our exploration drilling continues to expand both the Taylor Sulfide and Taylor Deeps Zones, while the infill drilling is demonstrating excellent continuity between areas,” said Chief Operating Officer Don Taylor. “As we continue to grow the resource it is amazing how many new areas of high grade mineralization have been added, especially in the Taylor Deeps Zone. These results are part of an additional 55,000 metres of infill and step-out drilling that will be included in the feasibility study, which follow the September 2017 drilling cut-off date for the just-released Preliminary Economic Assessment update.” Of particular importance, HDS-497, collared on the northeast part of Hardshell, is an angled step-out drill hole targeting the northwest extension of the previously reported Taylor Deeps Zone intersected in HDS-477 (reported October 24, 2017). The drill hole encountered two Taylor Sulfide intervals hosted in the Epitaph Formation and a very strongly mineralized interval in the Taylor Deeps Zone. The Taylor Deeps intercept extends the mineralization 290 feet northwest of HDS-477. Significant mineralization in the Taylor Deeps includes | |
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