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Arizona Mining Inc.
Summary
| Project: | Hermosa | |
|---|---|---|
| Deposit: | Taylor | |
| Location: | United States | |
| Commodities: | Silver-Lead-Zinc-Copper | |
| Date: | 2/9/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-2-2017: Arizona Mining Inc. announces an Exploration/Drilling Update report for its Taylor deposit at the Hermosa project. Drilling results incl. 39m @ 66.56g/t Ag, 6.13% Zn, 6.07% Pb, 0.32% Cu from 1021.6m. Arizona Mining Inc. (TSX: AZ) (“Arizona Minin | |
| Resources: | (Resource): 31.14Mt @ 10.9% ZnEq (Ind.) and 82.7Mt @ 11.1% ZnEq (Inf.) at Taylor | |
| CP/QP: | [Overall Report]: Donald Taylor (Internal) | |
| ABSTRACT: | Arizona Mining Inc. (TSX: AZ) (“Arizona Mining” or the “Company”) reports that it has identified a new mineralized sulfide zone at its Hermosa-Taylor zinc-lead-silver project in Arizona. The new zone, called Taylor Deeps, has been defined based on a reinterpretation of previous drill results in addition to results from two new holes, and lies below a low angle thrust fault that separates it from the current Taylor sulfide resource. Results to date indicate Taylor Deeps mineralization is continuous, open in all directions, and offers excellent potential to expand the current resource. HDS-402 was an infill hole drilled to expand the northeast section of the previously reported resource area and intersected four (4) mineralized veins in the volcanics, one (1) mineralized vein in the carbonates and six (6) distinct mineralized sulfide horizons with a total cumulative thickness of 305 feet (refer to individual sulfide intervals for HDS-402 in Table 1). Of particular interest in this drill hole is the 128 foot thick interval which occurs in the Taylor Deeps zone. This mineralization ties to results from previous holes that intersected Taylor Deeps and makes this zone a significant target for future exploration. CEO Jim Gowans commented: “Recent drilling has greatly enhanced our understanding of the geology and mineral relationships. The full context of the drilling has highlighted Taylor Deeps − a new zone of mineralized carbonates below a sequence of older volcanic rocks and a thrust fault. The Taylor Deeps zone lies approximately 3,000 feet below surface, ranges in thickness from 9.5 feet up to 146.0 feet (refer to Table 2) and is well mineralized with zinc, lead, silver and copper. We will follow up with additional drilling to determine the extent of this new zone.” | |
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