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Arizona Mining Inc.
Summary
| Project: | Hermosa | |
|---|---|---|
| Deposit: | Taylor | |
| Location: | United States | |
| Commodities: | Silver-Lead-Zinc-Copper | |
| Date: | 8/4/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-8-2016: Arizona Mining Inc. announces an Exploration/Drilling Update report for its Taylor deposit at the Hermosa project. Drilling results incl. 18.3m @ 58.79g/t Ag, 5.28% Pb, 4.79% Zn, 0.20% Cu from 1011.94m. Vancouver, B.C., August 04, 2016 – Arizona | |
| Resources: | (Resource, Inf.): 39.4Mt @ 11% ZnEq. at the Taylor deposit | |
| CP/QP: | [Overall Report]: Donald R. Taylor (Internal) | |
| ABSTRACT: | Vancouver, B.C., August 04, 2016 – Arizona Mining Inc. (TSX: AZ) (“Arizona Mining” or the “Company”) is pleased to announce the results of a further three (3) drill holes from its current drill program targeting the expansion of the Taylor Zn-Pb-Ag sulfide deposit located on its 100% owned Hermosa Project in Santa Cruz County, Arizona USA. These and the other recently completed drill holes continue to expand the maiden resource announced on February 1, 2016 of 39.4 M inferred tonnes grading 11% zinc equivalent. In addition to the exploration holes, two (2) water monitoring wells and water production well were completed to aid in the development of the project. HDS-356 is located on the northeast side of the Alta Patent to extend the resource to the northeast. The drill hole encountered 12 distinct mineralized intervals including a 26 foot interval which assayed 9.43% zinc, 9.75% lead, 0.37% copper and 3.33 opt Ag. This interval was within a broader zone of mineralization that was 60 feet thick which assayed 4.79% zinc, 5.28% lead, 0.20% copper and 1.89 opt silver. The cumulative thickness of zinc/lead/silver mineralization in the carbonate section totals 470.5 feet. HDS-355 is an exploration step out hole located approximately 800 feet southwest of the resource area. The drill hole encountered intense alteration and recrystallization of the carbonate hosts and two (2) distinct mineralized intervals including a 10.5 foot interval which assayed 7.81% zinc, 6.45% lead and 2.27 opt silver. | |
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