anz platinum

Alianza Minerals Receives $626,805 Through Warrant Exercise

 

(TheNewswire)

   

  Vancouver, BC, March 4, 2021 - Alianza Minerals Ltd.   (   TSXV:ANZ   )   (   OTC:TARSF   )   ("   Alianza"   or the   "Company"   ) is pleased to report   it has received $626,805 from the exercise of 6,296,100 common share purchase warrants and finders' warrants since September 30, 2020.   The warrants and finders' warrants were originally from the July 2019 and February 2020's private placements.  

 

  The funds received from the warrant exercise will be available to augment the remaining proceeds (approximately $1 million) from the Company's September 2020 flow-through share financing to fund a spring drilling program at the wholly-owned Haldane Silver Project in the historic Keno Hill District, YT. Planning and drill hole targeting is in process for an expected start up in late April.  

 

  In addition to the exploration program at Haldane, Alianza is preparing for exploration programs at its gold projects in British Columbia, Colorado and Nevada, and is in the process of securing partners for some of these projects.  

 

  Alianza is also seeking a partner for the 100% owned Yanac Copper Project in southern Peru. The road-accessible Yanac Project is a drill-ready copper porphyry target defined by coincident Induced Polarization (IP) chargeability, magnetics and copper-molybdenum anomalies over a 1.2 by 0.9 km area.  

 

  Alianza also understands that a subsidiary of Coeur Mining, Inc. ("Coeur") is planning to conduct an initial exploration program at the Tim Silver Project in southern Yukon, 12 kilometres north of Coeur's Silvertip mine consisting of a SkyTEM airborne geophysical survey, mapping, soil geochemical sampling and trenching. The SkyTEM airborne geophysical survey is scheduled for this spring and is expected to collect magnetic and resistivity data over the concessions with the idea of initially using the data for structures and geology. Additional groundwork is planned for the summer. In accordance with the 2020 option agreement between Coeur and Alianza, Coeur is operating the Tim Silver Project exploration program. The initial exploration program is expected to be completed this fall.  

 

  As of the date of the news release, Alianza has 138,090,322 common shares outstanding and is fully funded until Q1 2022, with over $1.88 million in the treasury.  

 

  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 one project (Tim, Yukon Territory) optioned out to Coeur Mining, Inc. and is actively seeking partners on other projects.  

 

  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) 2021 TheNewswire - All rights reserved.

 

News Provided by TheNewsWire via QuoteMedia

The Conversation (0)
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
A mining truck within the outline of Australia's map on a clear day.

Is Australia on the Brink of a New Mining Super Cycle?

Mining remains as a cornerstone of Australia’s GDP and export earnings, but current global challenges such as trade disputes and price changes may be straining its foundations.

A recent FocusEconomics report tackled Australia’s resource wealth, tracing from the gold rushes of the 1850s to the iron ore and coal booms of the 21st century.

Keep reading...Show less
Kobo Resources Confirms Additional High-Grade Gold Mineralization at Kossou with 15.5 m at 2.3 g/t Au, incl. 8.3 m at 3.43 g/t Au; Outlines Next Phase of Exploration at Kossou

Kobo Resources Confirms Additional High-Grade Gold Mineralization at Kossou with 15.5 m at 2.3 g/t Au, incl. 8.3 m at 3.43 g/t Au; Outlines Next Phase of Exploration at Kossou

 
  •   High-grade gold intercepts highlighted by 15.5 m at 2.30 g/t Au, incl. 8.3 m at 3.43 g/t Au at the Road Cut Zone  
  •  
  •   Initial drilling on the gap between Jagger and Road Cut Zone confirms target structure, warrants further testing  
  •  
  •   Current drill phase complete; Geological modelling and planning underway for 15,000 m drill program expected to begin in H2 2025  
  •  

 

 Kobo Resources Inc. (" Kobo" or the " Company ") ( TSX.V: KRI ) is pleased to report additional diamond drill results from the Road Cut Zone at its 100%-owned Kossou Gold Project (" Kossou ") in Côte d'Ivoire. Results from these holes continue to strengthen the Company's understanding of the key structural controls that define this prospective target area.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×