TSXV:ANZ

Alianza Launches Drill Campaign at Haldane Silver Project, Keno Hill District, Yukon Territory

 

(TheNewswire)

   

  •  

      - Phase One to test West Fault & Middlecoff targets  

     

      - Phase Two drilling committed for Spring 2021  

     
  •  

Alianza Minerals Ltd. ( TSXV:ANZ ) ( OTC:TARSF ) (" Alianza" or the "Company" ) is pleased to report that the Phase One drilling program has commenced at the Company's wholly-owned Haldane high-grade silver property located in the historic Keno Hill Mining District of Yukon Territory. The 8,579 hectare Haldane Property is located 25 kilometres west of Keno City, YT in the western portion of the Keno Hill Silver District. Exploration at Haldane is targeting extensions of historic high-grade silver production as well as newly defined targets in new areas of the property

 

  "While the Haldane property has a long exploration history, it has not had a lot of drilling," stated Jason Weber, P.Geo, President and CEO of Alianza. "We are fortunate to have targets at both the Middlecoff and West Fault where strong silver-lead +/- gold mineralization has been identified but never followed up."  

 

 

 

  A total of 10 holes (approximately 2,500 metres) are planned in the current program with Phase One consisting of 6 holes this fall. The initial phase of drilling will target the West Fault, one kilometre north of the Middlecoff Zone in the core of the property (known as the Mt. Haldane Vein System - "MHVS"). A previous operator intersected the West Fault mineralization in one hole in 2011, returning   320 g/t silver, 1.1 g/t gold and 0.7% lead over 2.20 metres.   Three holes are planned to test the target down dip and along strike of the 2011 intersection.  

 

  The second target area is the extension of the Middlecoff Zone to the south of 2019 drilling where   HLD19-16 intersected   455.0 g/t silver   over 1.02 metres and   996 g/t silver, 1.486 g/t gold and 28.35% lead over 0.35 metres   ). Three holes are planned to test the southern extension of the Middlecoff intersections and to also follow up a historic underground drillhole that was reported to have returned 2,791 g/t silver over 1.2 metres, 150 metres south of the 2019 drilling.  

 

  A follow-up Phase Two drilling program will be undertaken in the spring of 2021, further targeting both the West Fault and Middlecoff veins, as well as the recently discovered Bighorn Zone (2.35 metres of 125 g/t silver and 4.39 % lead from the first and only hole) as well as other targets on the property.  

 

  A map of the proposed drilling can be found below and on the Company's website at    www.alianzaminerals.com    .  

 

 

 

    
Click Image To View Full Size
 

 

  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, Nevada and Peru. Alianza currently has two projects optioned out in Nevada and Yukon Territory, and is actively exploring on two others. Alianza's current partners include Hochschild Mining PLC and Coeur Mining, Inc.  

 

  The Company is listed on the TSX Venture Exchange under the symbol "ANZ" and trades on the OTC 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. | | |Melanie Barbeau | | |mbarbeau@renmarkfinancial.com | | |Tel: (416) 644-2020 or (514) 939-3989 | | |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) 2020 TheNewswire - All rights reserved.

 

News Provided by TheNewsWire via QuoteMedia

The Conversation (0)
Rick Rule, mine site.

Rick Rule: Gold's Next Move, Hated Sectors I Love, Top 3 ASX Mining Stocks

Rick Rule, proprietor at Rule Investment Media, shares his latest thoughts on the resource space, including the sectors where he sees the most hate — and the most opportunity.

Click here to download recordings from the Rule Symposium.

Keep reading...Show less
Gold bars with text: "5 Top Canadian Mining Stocks This Week."

Top 5 Canadian Mining Stocks This Week: Avanti Gold Gains 158 Percent on Misisi Settlement

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian and US news impacting the resource sector.

Statistics Canada released its June Labour Force Survey on Friday (July 11). The data indicated that 83,000 new jobs were added to the workforce, led by 34,000 new employees in the wholesale and retail trade category and a 17,000 worker rise in the healthcare and social assistance category.

In other positive news for the Canadian job market, the overall employment rate rose by 0.1 percent to 60.9 percent, while the unemployment rate declined by 0.1 percent to 6.9 percent.

Keep reading...Show less
Gold bar on nuggets with "5 Top Australian Mining Stocks" text overlay.

Top 5 Australian Mining Stocks This Week: Yandal Shares Double on Arrakis Drilling Results

Welcome to the Investing News Network's weekly round-up of Australia’s top-performing mining stocks on the ASX, starting with news in Australia's resource sector.

This week's top-performing stocks list is dominated by oil and gas companies, alongside gold and lithium companies.

In Australian mining news, the Fair Work Commission ruled that BHP (ASX:BHP,NYSE:BHP,LSE:BHP) must raise the wages of 2,200 workers at three coal mines in Queensland. The workers in question were employed indirectly through a hiring firm and were being paid significantly less than their peers working directly under BHP.

The case was brought by two worker's unions and based on the Same Job, Same Pay reforms made by the government last year. To align wages, the FWC ruled BHP must raise the labour hire employees' wages by AU$30,000 each.

Keep reading...Show less
Pilbara region, Western Australia, Australia.

Pilbara 2.0: Inside Australia’s Newest Gold Frontier

The Central Pilbara region of Western Australia is undergoing a quiet revolution that is rapidly reshaping the global gold exploration landscape.

Once dismissed as a technically challenging and geologically inconsistent terrain, Pilbara is now emerging as one of the world’s most exciting new gold frontiers and drawing serious attention from institutional investors, driven by transformative discoveries, a maturing geological model and a wave of junior explorers tapping into underexplored intrusive-hosted systems.

Anchored by the multimillion-ounce Hemi discovery — one of the most significant gold finds in Australia in over a decade — this region is not just proving its geological potential, but also demonstrating the kind of scale, consistency and margin profile that modern gold investors seek. As the discovery window remains wide open and valuations are still accessible, the Central Pilbara presents a rare opportunity for early exposure to what may become one of Australia’s next tier-one gold districts.

Keep reading...Show less

Latest Press Releases

Related News

×