Precious Metals

(TheNewswire)



Vancouver, BC TheNewswire - April 29, 2021 - Alianza Minerals Ltd. ( TSXV:ANZ ) ( OTC:TARSF ) (" Alianza" or the "Company" ) is pleased to report that the mobilization of equipment for the Phase Two diamond 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.

"I'm excited to get our crews back in the field at Haldane," stated Jason Weber, P.Geo, President and CEO of Alianza. "The West Fault target will be our primary focus following up our excellent results from last fall which demonstrated that both high grades and robust widths are present at this target."

Phase One drilling at the West Fault intersected 16.15 m (estimated true width 8.72 m) averaging 311 g/t silver, 0.89% lead and 1.13% zinc. This includes a high-grade core of 818 g/t silver, 3.47% lead and 1.03% zinc (980 g/t silver-equivalent) over 3.3 m (1.78 m estimated true width). The current Phase Two program will systematically follow up on this result testing along strike and down dip to define possible high-grade shoots associated with the 2020 intersection. Road clearing is underway and camp construction will commence shortly, followed by the start up of drilling in early May.

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.

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

Alianza Minerals

Alianza Minerals


Keep reading...Show less
a pair of glasses atop stock charts next to a gold bar

5 Top Weekly TSXV Performers: Assay Results Push Aton Resources Higher

The S&P/TSX Venture Composite Index (INDEXTSI:JX) continued to descend last week, weighed down by factors like widespread inflation, which is eroding investor sentiment.

Thursday (May 12), saw the junior index fall to 661, its lowest point since December 2020. However, by Friday (April13) morning, the TSXV had begun a slow climb higher, similar to other larger indexes. It closed at 696.79.

Although gold is widely considered a hedge against inflation, the yellow metal's price sank over the second week of May, slipping as low as US$1,801 per ounce.

Keep reading...Show less

WHEATON PRECIOUS METALS ANNOUNCES ELECTION OF DIRECTORS AND APPROVAL OF SPECIAL MATTERS - WELCOMES NEW CHAIR AND BOARD MEMBER

TSX | NYSE | LSE: WPM

Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") announces that the nominees listed below were elected to the Board of Directors at the 2022 Annual and Special Meeting of Shareholders. Detailed results of the vote for the Board of Directors of the Company are shown below. As previously announced, Mr. Doug Holtby who had served as Chair of Wheaton is retiring and did not stand for reelection, and Mr. George Brack has been appointed the role of Chair of the Board. In addition, Ms. Jaimie Donovan has been elected to the Board.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
bitcoin and gold

Top Stories This Week: Gold Slumps, Bitcoin Crash Spurs "Crypto Winter" Calls

- YouTubeyoutu.be

We're wrapping up what's been yet another bumpy week for gold.

The yellow metal started at around US$1,870 per ounce, but by the time of this writing on Friday (May 13) morning, it had declined to just below the US$1,810 level.

Diverse factors have been at play in the market this week, including major strength in the US dollar, which reached its highest point in 20 years early in the period. The latest Consumer Price Index data was also released — it shows an increase of 0.3 percent month-on-month and an 8.3 percent rise year-on-year.

Keep reading...Show less
Alianza Minerals Private Placement Fully Subscribed

Alianza Minerals Private Placement Fully Subscribed

(TheNewswire)

Alianza Minerals Ltd

Vancouver, BC TheNewswire - May 13, 2022 - Alianza Minerals Ltd. (TSXV:ANZ ) ( OTC:TARSF) (" Alianza " or the " Company ") is pleased to announce the non-brokered private placement of 10 million Units of the Company at a price of $0.075 per Unit for gross proceeds to the Company of up to $750,000 (the " Offering ") is fully subscribed and will be closed shortly.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Jazz Announces Closing Of First Tranche Of Private Placement Of Units

Jazz Announces Closing Of First Tranche Of Private Placement Of Units

(TheNewswire)

Vancouver, British Columbia, Canada May 13, 2022 TheNewswire - Jazz Resources Inc. ( TSXV:JZR ) (the " Company " or " JZR ") is pleased to announce that it has closed the first portion of its previously announced non-brokered private placement offering (the " Offering ") of units (the " Units ") by issuing 860,250 Units at a price of $0.80 per Unit for gross proceeds of $688,200.  Each Unit is comprised of one common share (a " Share ") in the capital of the Company and one share purchase warrant (a " Warrant ").  Each Warrant shall entitle the holder to acquire one additional common share in the capital of the Company at a price of $1.20 per Share for a period of 12 months after the date of issuance of the Warrants.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×