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Arizona Mining Inc.
Summary
| Project: | Hermosa | |
|---|---|---|
| Deposit: | Taylor | |
| Location: | United States | |
| Commodities: | Silver-Lead-Zinc-Copper | |
| Date: | 6/28/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-6-2016: Arizona Mining Inc. announces an Exploration/Drilling Update report for its Taylor deposit at the Hermosa project. Drilling results incl. 32.6m @ 79.3g/t Ag, 5.45% Pb, 4.62% Zn, 0.4% Cu from 1079.4m. Vancouver, B.C., June 28, 2016 – Arizona Min | |
| Resources: | (Resource, Inf.): 39.4Mt @ 11% ZnEq. at the Taylor deposit | |
| CP/QP: | [Overall Report]: Donald R. Taylor (Internal) | |
| ABSTRACT: | Vancouver, B.C., June 28, 2016 – Arizona Mining Inc. (TSX: AZ) (“Arizona Mining” or the “Company”) is pleased to announce the results of two step-out exploration drill holes targeting the expansion of the Taylor ZnPb-Ag sulfide deposit located on its 100% owned Hermosa Project in Santa Cruz County, Arizona USA. Both holes are significant expansions to the maiden resource announced on February 1, 2016 (39.4 M inferred tonnes grading 11% zinc equivalent) in addition to the recently announced HDS-338 step-out hole that intersected 101.5 feet (30.9 m) grading 18.7% Pb+Zn and 6.1 opt Ag and HDS-339 that intersected 108.0 feet (32.9 m) grading 31.3% Pb+Zn and 5.5 opt Ag (see May 5, 2016 press release). HDS-344 represents a 1060 foot (323 m) step out from the northeastern extent of the previously reported resource area (HDS-336). This drill hole intersected seven zones of mineralization including 107 feet (32.6 m) grading 4.62% zinc, 5.45% lead, 0.04% copper and 2.55 opt Ag, which included an interval of 39 feet (11.9 m) grading 7.48% zinc, 9.41% lead, 0.03% copper, and 2.36 opt silver. HDS-341 was a 350 foot step out down dip to HDS-338. The hole crossed a major fault and throughout much of the length of the drill hole younger intrusive dike(s) and alteration associated with the dike replaced much of the permissive carbonate section. However, the hole did encounter 33.5 feet (10.2 m) grading 1.98% zinc, 3.12% lead, 0.18% copper and 1.82 opt Ag within the remaining carbonate section. | |
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