Resource News

Alianza Minerals Recaps 2021 Results and Outlines 2022 Plans

Alianza Minerals Recaps 2021 Results and Outlines 2022 Plans

(TheNewswire)

Alianza Minerals Ltd

Vancouver, BC TheNewswire - January 18, 2022 - Alianza Minerals Ltd. ("Alianza") (TSXV:ANZ ) ( OTCQB:TARSF) provides a summary of 2021 accomplishments and a preview of 2022.

"We had an extremely productive year in 2021, marked by advancement of the exciting new West Fault high grade silver target at our Haldane Project in Yukon's historic Keno Hill Mining District," stated Jason Weber, P.Geo, President and CEO of Alianza. "We als o made great progress introducing our Copper Alliance in the Southwest United States, making two acquisitions, and farming out one project. Including work at our Tim Project with our partner Coeur, we are expecting four drilling programs on Alianza projects in 2022."

Haldane Silver Project, Keno Hill District, Yukon – 100% Owned

The 2021 campaign at Haldane kicked off after the announcement of high-grade silver mineralization and wide vein intersections in drill hole HLD20-19 early 2021 at the new West Fault target. Drilling commenced in the spring to follow up the result from the 2020 intersection ( 8.72 m estimated true width averaging 311 g/t silver, 0.89% lead and 1.13% zinc ) with 50 metre step outs along strike and down dip, extending mineralization 100 metres along strike and 90 metres down trend. This campaign was highlighted by additional high grade results of 3.14 m estimated true width averaging 1,351 g/t silver, 2.43% lead and 2.91% zinc in hole HLD21-24 including 1.26 m estimated true width averaging 3,267 g/t silver, 5.80% lead and 7.02% zinc. Drilling revealed two splays of strongly mineralized veins within the West Fault Complex. The next phase of drilling will test the West Fault Complex vein mineralization to the southwest and down dip to determine the extent of high grade silver mineralization at this target. This program is planned to commence in the summer with a minimum of 2,000 metres of drilling planned.  In addition to the high priority West Fault, plans for additional holes at the Middlecoff and the recently discovered Bighorn targets are being drawn up as well. Program details will be made available once finalized.

Klondike Property, Southwest US Copper Alliance, Colorado – Optioned to Allied Copper

Alianza, together with Alliance partner Cloudbreak Discovery, PLC, a London Stock Exchange listed company, recently optioned the Klondike copper property in Colorado to Allied Copper Corp. ("Allied") (TSXV:CPR) (see press release dated December 7, 2021). Allied is planning initial remote sensing and magnetics geophysical surveys to be followed by drilling. Recent work by Alianza and Cloudbreak expanded upon known copper mineralization on surface, particularly at the Northeast Fault target, where rock sampling returned 1.56% copper and 1.4 g/t silver over a 4.6 metre chip sample of copper oxides bearing, bleached, bitumen spotted and altered Jurassic sandstones. This target area was traced over 200 metres on strike and over 100 metres in width before becoming obscured under overburden.

Tim Silver Property, Yukon – Optioned to Coeur

Coeur Explorations Inc., a wholly owned subsidiary of silver producer Coeur Mining, Inc., completed SkyTEM airborne geophysics, mapping, soil geochemical sampling and trenching at Tim in 2021. The SkyTEM airborne survey identified several conductors that appear to correlate with oxidized silver-bearing mineralization encountered in historic trenching programs by previous operators. Re-opening of the historic trenches in 2021 exposed oxidized material thought to be related to carbonate replacement mineralization, similar in nature to silver-bearing mineralization seen elsewhere in the region. Analytical results from trench samples are pending. In total, 1,298 soil samples, 38 rock chip and grab samples from the historic trenches, and 4 rock grab samples from regional reconnaissance were collected during the program.

Once all analytical results have been received and compiled by Coeur and provided to Alianza, results will be reported. The Tim Property is located 19km from Coeur's Silvertip Mine in the Rancheria district of the southern Yukon Territory, Canada.  Coeur is earning an 80% interest by completing (i) funding $3.55 million in exploration over five years and (ii) making scheduled cash payments totalling $575,000 over eight years. Coeur must also fund a feasibility study and notify Alianza of its intention to develop a commercial mine on the property by December, 2028.

Twin Canyon Gold Property, Colorado – Available for Option

Exploration at Twin Canyon in 2021 consisted of additional sampling and mapping of mineralization and structures underground at the Charlene Mine in order to help identify controls on mineralization and prioritize drill targets for testing the over 3,000 m by 250 m gold-in-soil geochemical anomaly surrounding the Charlene workings. Management expects to receive a permit for the drill program from the United States Forest Service and Colorado state authorities in short order. Alianza will seek a partner to conduct a ten-hole RC drilling program under the approved permit.

Other Properties

Management is actively engaged in advanced discussions to option out additional properties in its portfolio in Nevada, Colorado and British Columbia. It is expected that one or more agreements will be finalized early in 2022 that may lead to additional partner funded exploration for Alianza and its shareholders this year.

Option Grant

Alianza has granted options to employees, consultants and contractors to the Company at a price of $0.10. A total of 5,800,000 options were granted, expiring January 18, 2027.

About Alianza Minerals Ltd.

Alianza employs a hybrid business model of joint venture funding and self-funded projects to maximize opportunity for exploration success. The Company currently has gold, silver and base metal projects in Yukon Territory, British Columbia, Colorado, Nevada and Peru. Alianza currently has one project (Tim, Yukon Territory) optioned out to Coeur Mining, Inc. and is actively seeking partners on other projects.

Alianza is listed on the TSX Venture Exchange under the symbol "ANZ" and trades on the OTCQB market in the US under the symbol "TARSF".

Mr. Jason Weber, P.Geo., President and CEO of Alianza Minerals Ltd. is a Qualified Person as defined by National Instrument 43-101. Mr. Weber supervised the preparation of the technical information contained in this release.

For further information, contact:

Jason Weber, President and CEO

Sandrine Lam, Shareholder Communications

Tel:  (604) 807-7217

Fax: (888) 889-4874

Renmark Financial Communications Inc.

Scott Logan

slogan@renmarkfinancial.com

Tel: (416) 644-2020 or (212) 812-7680

www.renmarkfinancial.com

To learn more visit: www.alianzaminerals.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. STATEMENTS IN THIS NEWS RELEASE, OTHER THAN PURELY HISTORICAL INFORMATION, INCLUDING STATEMENTS RELATING TO THE COMPANY'S FUTURE PLANS AND OBJECTIVES OR EXPECTED RESULTS, MAY INCLUDE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS ARE BASED ON NUMEROUS ASSUMPTIONS AND ARE SUBJECT TO ALL OF THE RISKS AND UNCERTAINTIES INHERENT IN RESOURCE EXPLORATION AND DEVELOPMENT. AS A RESULT, ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD-LOOKING STATEMENTS.

Copyright (c) 2022 TheNewswire - All rights reserved.

News Provided by TheNewsWire via QuoteMedia

ANZ:CA
The Conversation (0)
Alianza Minerals

Alianza Minerals


Keep reading...Show less
Alianza Minerals Receives Funds from Property Payments and Announces Completion of Early Warrant Exercise Incentive Program

Alianza Minerals Receives Funds from Property Payments and Announces Completion of Early Warrant Exercise Incentive Program

(TheNewswire)

Alianza Minerals Ltd

Alianza Minerals Ltd. ("Alianza") (TSXV:ANZ ) ( OTC:TARSF) wishes to announce that during the current quarter, the Company received in excess of $240,000 from its partners for property payments, a reclamation bond refund as well as from the early warrant incentive program (the "Warrant Incentive Program") as described in its press releases dated February 8, 2023 and February 13, 2023

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Alianza Minerals Receives Lease Extension for Klondike Property, Colorado; Clarifies Warrant Expiry Dates

Alianza Minerals Receives Lease Extension for Klondike Property, Colorado; Clarifies Warrant Expiry Dates

(TheNewswire)

Alianza Minerals Ltd

Alianza Minerals Ltd. ("Alianza") (TSXV:ANZ ) ( OTC:TARSF) is pleased to announce that the Colorado State Board of Land Commissioners has approved the extension of a State Lease at the Klondike Property, for an additional four (4) years. The term of this Lease will expire on February 1, 2027. This Lease provides for the exclusive right to conduct mineral exploration on the 6,400-acre (2,590 Ha) parcel included within the existing Klondike Property

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Alianza's SW Copper Alliance Retains 100% of Klondike Copper Property, Colorado

Alianza's SW Copper Alliance Retains 100% of Klondike Copper Property, Colorado

(TheNewswire)

Alianza Minerals Ltd

Vancouver, BC TheNewswire - February 3, 2023 - Alianza Minerals Ltd. ("Alianza") (TSXV:ANZ ) ( OTC:TARSF) announces that it received notice from option partner, Allied Copper Corp. ("Allied"), that Allied is terminating its optio n on the Klondike Copper Property in southwest Colorado, effective February 2, 2023.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Alianza Minerals Outlines Drilling Plans for 2023 at Haldane Silver Property, YT

Alianza Minerals Outlines Drilling Plans for 2023 at Haldane Silver Property, YT

(TheNewswire)

Alianza Minerals Ltd

Vancouver, BC TheNewswire - January 30, 2023 - Alianza Minerals Ltd. ("Alianza") (TSXV:ANZ ) ( OTC:TARSF) is pleased to provide an outline of drilling and other exploration activities planned for the Haldane silver project in the historic Keno District, Yukon Territory. Work will include airborne electromagnetic and magnetics surveys and drilling at the high grade West Fault silver discovery and the emerging Bighorn silver target.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Alianza receives drilling permits for Twin Canyon Gold Project, CO

Alianza receives drilling permits for Twin Canyon Gold Project, CO

(TheNewswire)

Alianza Minerals Ltd

Alianza Minerals Ltd. ("Alianza") (TSXV:ANZ ) ( OTC:TARSF) is pleased to announce that its proposal for drilling at the Twin Canyon Project in southwest Colorado has been approved by the United States Forest Service and the Colorado Division of Reclamation, Mining and Safety, subject to certain standard operating conditions and placement of a $18,104 bond. Alianza has now received all necessary permits to conduct a proposed 13 hole drill program from 8 drill pads, totalling approximately 3,950 metres of drilling

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
us congress building

Top Stories This Week: Gold Price Retreats, “X-Date” Approaches; Ford Locks Down Lithium

The gold price spent time below the US$2,000 per ounce mark again this week, falling as low as the US$1,940 level. The yellow metal remains historically high with room to move up, but is facing short-term headwinds.

Among those setbacks is the US dollar, which strengthened this week despite uncertainty surrounding the US$31.4 trillion debt ceiling. Democrats and Republicans were still in talks as of the week's end, but had not reported significant progress.

Treasury Secretary Janet Yellen has pegged June 5 as the "X-date," the time by which the US will default if it doesn't raise the debt ceiling, although some commentators have suggested there's more wiggle room than that.

Keep reading...Show less
Far East Gold

Bonanza Grade Gold In Newly Identified Quartz Veins Between Aloe Eumpeuk And Aloe Rek Prospects

Far East Gold Limited (FEG or the Company) is pleased to announce that recent detailed mapping and surface rock sampling has confirmed the occurrence of high-grade quartz veins south of the Aloe Eumpeuk prospect at the Company’s Woyla project. This discovery indicates the potential for the Aloe Eumpeuk prospect area to link up with the Aloe Rek prospect area, which is located to the southwest, significantly increasing the 13km defined strike length of the Woyla project’s vein system.

Keep reading...Show less
Kirkland Lake Discoveries

Kirkland Lake Discoveries Announces Closing of $7.8 Million Private Placement Offering of Subscription Receipts and Acquisition of the Lucky Strike Property

Kirkland Lake Discoveries Corp. (TSXV: KLDC) (formerly Warrior Gold Inc., "Kirkland Lake Discoveries" or the "Company"), is pleased to announce that the Company has completed its acquisition of the Lucky Strike property (the "Lucky Strike Property") and related private placement offering of Subscription Receipts (as defined below).

Keep reading...Show less