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Arizona Mining Inc.
Summary
| Project: | Hermosa | |
|---|---|---|
| Deposit: | Taylor | |
| Location: | United States | |
| Commodities: | Silver-Lead-Zinc-Copper | |
| Date: | 11/9/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-11-2017: Arizona Mining Inc. announces an Exploration/Drilling Update report for its Taylor deposit at the Hermosa project. Drilling results incl. 71m @ 5.45oz/t Ag, 8.17% Pb, 4.35% Zn, 1.68% Cu from 413.6m. Vancouver, B.C., November 9, 2017 – Arizona M | |
| Resources: | (Resource): 8.6Mt @ 9.7% ZnEq. (Meas.), 63.8Mt @ 10.6% ZnEq. (Ind.) at Taylor | |
| CP/QP: | [Overall Report]: Donald R. Taylor (Internal) | |
| ABSTRACT: | Vancouver, B.C., November 9, 2017 – Arizona Mining Inc. (TSX: AZ) (“Arizona Mining” or the “Company”) announces strong results for seven exploration holes from the current drill 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 Preliminary Economic Assessment (“PEA”) (see Press Release dated April 3, 2017). “Our exploration drilling continues to expand both the Taylor Sulfide and Taylor Deeps Zones, while the infill drilling is demonstrating great continuity between areas,” said Chief Operating Officer Don Taylor. “Although several of the 15 active drills on site are working to acquire necessary geotechnical data for the feasibility study, the balance continue to upgrade both zones. As the resource continues to grow, one impressive aspect of the recent drill results is the continued increase in silver content of the assays, especially in the Taylor Deeps Zone.” HDS-481 is an angle drill hole on the Hardshell claim targeting the extension of the Taylor Sulfide and Taylor Deeps Zones south from the PEA resource outline. The drill hole (which is located out-of-section on Figure 3) is located 120 feet south of the PEA Deeps resource outline and encountered six significant mineralized intervals in the Taylor Sulfide Zone with a cumulative thickness of 469.5 feet (for individual mineralized intervals see Table I). Additionally, the drill intercepted a 53-foot thick section of Taylor Deeps mineralization assaying 6.0% zinc-lead and 2.2 opt silver. Notable intervals include | |
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