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Major Stepout Hole Intersects 33 Feet Grading 22.8% Zinc, 20.2% Lead And 12.2 Opt Silver
Arizona Mining (TSX:AZ) is pleased to announce the results of three (3) exploration drill holes from its current program on the Taylor zinc-lead-silver sulfide deposit located on its 100%-owned Hermosa Project in Santa Cruz County, Arizona. This brings the total number of drill holes reported in the 2016 program to thirty-seven (37).
Arizona Mining (TSX:AZ) is pleased to announce the results of three (3) exploration drill holes from its current program on the Taylor zinc-lead-silver sulfide deposit located on its 100%-owned Hermosa Project in Santa Cruz County, Arizona. This brings the total number of drill holes reported in the 2016 program to thirty-seven (37).
HDS-359 is a significant step out hole drilled approximately 1,100 feet northwest of the boundary of the previously reported resource area (see news release dated October 31, 2016). The drill hole intersected a series of high grade zinc-lead-silver veins in the volcanics before the hole was terminated well above the intended carbonate target horizons, due to difficult drilling conditions. Several well mineralized veins were intersected in the drill hole including a 33-foot thick interval assaying 22.8% zinc, 20.2% lead and 12.2 ounces per ton (“opt “) silver. True thickness of the vein is not known at this time. This hole will be drilled to completion as time and resources allow.
HDS-380 is a low angle (-60 degrees) core hole drilled to expand the resource to the southwest. The drill hole intersected three (3) thin mineralized zones indicating the mineralization and alteration of the carbonates continues to the southwest well beyond the current boundary. The most significant interval from the drill hole was a 25-foot thick zone high in the carbonate sequence which assayed 1.5% zinc, 2.0% lead and 4.2 opt silver. Deeper down the hole, the drilling intersected a 3.5-foot thick vein which assayed 9.7% zinc, 8.2% lead and 12.2 opt silver.
HDS-389 is an important angled (-87 degrees) hole drilled to infill an untested area within the previously reported resource area. The drill hole results indicate continuity of the mineralization in the area southwest of the resource area. HDS-389 intersected eight (8) distinct mineralized horizons with a total cumulative mineralized thickness of 97 feet. Several mineralized zones were intersected in the drill hole including a 32.5-foot thick interval assaying 6.5% zinc, 5.0% lead and 2.0 opt silver. A second interval of note in HDS-389 is an 8.5-foot thick interval which assayed 13.1% zinc, 8.2% lead and 3.4 opt silver.
Arizona Mining CEO Jim Gowans commented, “We have experienced rapid growth of the Taylor deposit over the course of 2016. We have 14 drills currently targeting both infill and expansion of the deposit prior to the release of the preliminary economic assessment which is planned for the end of Q1 2017.”
Read full company profile.
Table I. ASSAY SUMMARIES FOR HDS-359, HDS-380 AND HDS-389
DH_ID | From (feet) | To (feet) | Interval (in feet) | From (meters) | To (meters) | Interval (meters) | Ag opt | Pb% | Zn% | Cu% | Ore Zone |
---|---|---|---|---|---|---|---|---|---|---|---|
HDS-359 | 1025 | 1033 | 8 | 312.4 | 314.8 | 2.4 | 1.33 | 2.60 | 3.38 | 0.19 | Vein |
HDS-359 | 1078.5 | 1081 | 2.5 | 328.7 | 329.5 | 0.8 | 13.10 | 7.21 | 4.64 | 0.65 | Vein |
HDS-359 | 1140 | 1145 | 5 | 347.5 | 349.0 | 1.5 | 5.10 | 4.07 | 1.52 | 0.28 | Vein |
HDS-359 | 1313.5 | 1346.5 | 33 | 400.3 | 410.4 | 10.1 | 12.19 | 20.17 | 22.78 | 0.13 | Vein |
HDS-359 | 3137.5 | 3148.5 | 11 | 956.3 | 959.6 | 3.4 | 9.78 | 5.38 | 1.27 | 0.62 | Vein |
HDS-380 | 2881 | 2888.5 | 7.5 | 878.1 | 880.4 | 2.3 | 10.56 | 1.78 | 2.62 | 0.33 | CRD |
HDS-380 | 2948.5 | 2973.5 | 25 | 898.7 | 906.3 | 7.6 | 4.15 | 1.95 | 1.47 | 0.24 | CRD |
HDS-380 | 3467 | 3470.5 | 3.5 | 1056.7 | 1057.8 | 1.1 | 12.22 | 8.15 | 9.72 | 0.86 | Vein |
HDS-389 | 491.5 | 498 | 6.5 | 149.8 | 151.8 | 2.0 | 5.08 | 7.87 | 16.20 | 0.02 | CRD |
HDS-389 | 1125.5 | 1128.5 | 3 | 343.0 | 344.0 | 0.9 | 5.92 | 0.46 | 0.09 | 0.38 | Vein |
HDS-389 | 1888.5 | 1891 | 2.5 | 575.6 | 576.3 | 0.8 | 12.48 | 15.30 | 18.45 | 3.89 | CRD |
HDS-389 | 2149 | 2155 | 6 | 655.0 | 656.8 | 1.8 | 0.82 | 2.30 | 3.77 | 0.18 | CRD |
HDS-389 | 2445 | 2453.5 | 8.5 | 745.2 | 747.8 | 2.6 | 3.41 | 8.22 | 13.05 | 0.78 | CRD |
HDS-389 | 2555.5 | 2588 | 32.5 | 778.9 | 788.8 | 9.9 | 1.96 | 4.95 | 6.49 | 0.38 | CRD |
HDS-389 | 2747.5 | 2767.5 | 20 | 837.4 | 843.5 | 6.1 | 0.64 | 1.55 | 1.30 | 0.01 | CRD |
HDS-389 | 3372 | 3390 | 18 | 1027.7 | 1033.2 | 5.5 | 6.45 | 3.16 | 1.69 | 0.28 | CRD |
Drill intersections with a combined zinc and lead grade of greater than 9% are highlighted. Drill intervals are down the hole drill width but are considered to be within 5% of true width, excepting noted veins. It is not possible to determine the true width of the veins and no representation is made here regarding true width of the veins.
Qualified Person
The results of the Arizona Mining Inc. drilling results have been reviewed, verified and compiled by Donald R. Taylor, MSc., PG, Chief Operating Officer for Arizona Mining Inc., a qualified person as defined by National Instrument 43-101 (NI 43-101). Mr. Taylor has more than 25 years of mineral exploration and mining experience, and is a Registered Professional Geologist through the SME (registered member #4029597).
Assays and Quality Assurance/Quality Control
To ensure reliable sample results, the Company has a rigorous QA/QC program in place that monitors the chain-of-custody of samples and includes the insertion of blanks, duplicates, and certified reference standards at statistically derived intervals within each batch of samples. Core is photographed and split in half with one-half retained in a secured facility for verification purposes.
Sample preparation (crushing and pulverizing) has been performed at ALS Minerals Laboratories, an ISO/IEC accredited lab located in Tucson, Arizona. ALS Minerals Laboratories prepares a pulp of all samples and sends the pulps to their analytical laboratory in Vancouver, B.C. Canada for analysis. ALS analyzes the pulp sample by ICP following a 4-acid digestion (ME-ICP61 for 33 elements) including Cu (copper), Pb (lead), and Zn (zinc). All samples in which Cu (copper), Pb (lead), or Zn (zinc) are greater than 10,000 ppm are rerun using four acid digestion with an ICP – AES finish (Cu-OG62;Pb-OG62; and Zn-OG62) with the elements reported in percentage (%). Silver values are determined by ICP (ME-ICP61) with all samples with silver values greater than 100 ppm repeated using four acid digestion with an ICP-AES finish (Ag-OG62) calibrated for higher levels of silver contained. Any values over 1,500 ppm Ag trigger a fire assay with gravimetric finish analysis. Gold values are determined by a 30 gm fire assay with an ICP-AES finish (Au-ICP21).
About Arizona Mining
Arizona Mining Inc. is a Canadian mineral exploration and development company focused on the exploration and development of its 100%-owned Hermosa Project located in Santa Cruz County, Arizona. The Taylor Deposit, a zinc-lead-silver carbonate replacement deposit, has a resource of 31.1 million tons in the Indicated Mineral Resource category grading 10.9% zinc equivalent (“ZnEq”) and 82.7 million tons in the Inferred Mineral Resource category grading 11.1% ZnEq both utilizing a 4% ZnEq cutoff grade calculated in accordance with NI 43-101 guidelines (refer to the Company’s news release dated October 31, 2016). The Taylor Deposit remains open to the north, west and south over land controlled by the Company and will be aggressively drilled to test the limits of the resource. The Company’s other project on the Hermosa property is the Central Deposit, a silver-manganese manto oxide project.
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