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Arizona Mining continues expansion of the Taylor Deposit
Arizona Mining Inc. (TSX: AZ) has announced that they have drilled three additional exploration drill holes targeting the Taylor Zn-Pb-Ag deposit on its 100 percent owned Hermosa Project. According to the press release: These and the other recently completed drill holes continue to expand the maiden resource announced on February 1, 2016 of 39.4 million …
Arizona Mining Inc. (TSX: AZ) has announced that they have drilled three additional exploration drill holes targeting the Taylor Zn-Pb-Ag deposit on its 100 percent owned Hermosa Project.
According to the press release:
These and the other recently completed drill holes continue to expand the maiden resource announced on February 1, 2016 of 39.4 million inferred tonnes grading 11% zinc equivalent.
HDS-363 is a step out drill hole on the northeastern edge of the previous resource (See Drill Hole Location Map, attached). The drill hole encountered 8 distinct mineralized horizons with a cumulative mineralized thickness of 421.5 feet. Most notable is a 13 foot thick horizon near the bottom of the hole that assayed 15.5% zinc, 11.8% lead, 3.3% copper and 14.3 ounces per ton (“opt”) silver. Also intersected in the drill hole was a 15.5 foot thick interval (within a broader 118.5 foot mineralized zone) that assayed 5.6% zinc, 10.7% lead, 0.07% copper and 4.0 opt silver. Also intersected in the drill hole is a 21.5 foot interval (within a broader 74 foot mineralized zone) that assayed 4.8% zinc, 8.9% lead, 0.2% copper and 2.5 opt silver.
Arizona Mining CEO Jim Gowans commented, “The drill program and results continue to support our belief that the Taylor Deposit will be one of the more significant base metal deposits. The drilling continues to expand the mineralization and highlights the robust zinc, lead and silver grades. As we increase the number of drill rigs to 15 we will accelerate the data collection to determine the ultimate size and tenor of the deposit.”
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