Precious Metals

Drilling to start in October - Phase One targeting Middlecoff and West Fault targets - Phase Two drilling planned for Spring 2021 Vancouver, BC - TheNewswire - October 1, 2020 - Alianza Minerals Ltd. is pleased to report that planning and logistical preparations are underway to commence a Phase One drilling program in OctoberNovember at the Company's wholly-owned Haldane high-grade silver target located in the ...

(TheNewswire)



- Drilling to start in October

- Phase One targeting Middlecoff and West Fault targets

- Phase Two drilling planned for Spring 2021

Vancouver, BC - TheNewswire - October 1, 2020 - Alianza Minerals Ltd. ( TSXV:ANZ ) ( OTC:TARSF ) (" Alianza" or the "Company" ) is pleased to report that planning and logistical preparations are underway to commence a Phase One drilling program in October/November at the Company's wholly-owned Haldane high-grade silver target located in the historic Keno Hill Mining District of Yukon Territory. The 8,579 hectare Haldane Property is located 25 km 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.

"Our 2019 campaign at Haldane was very successful, identifying a new silver-bearing vein system at the Bighorn Zone as well as extending historic high-grade silver mineralization at the Middlecoff Zone," stated Jason Weber, P.Geo, President and CEO of Alianza. "While Bighorn remains an important target, we will focus on building on the success at Middlecoff and the West Fault Target which had one historic hole that intercepted 320 g/t Ag and 1.12 g/t Au over 2.20 metres."

A total of 10 holes (approximately 2,500 metres) are planned in the current program with Phase One consisting of 6 holes this fall and Phase Two continuing in the spring after assessing the results from Phase One. The Phase One program will focus on two areas: the Middlecoff and West Fault targets, both centrally located in the Mt Haldane Vein System (MHVS) series of vein-faults. The MHVS hosts high-grade silver mineralization in the core of the property, where the original high-grade silver discoveries were made and mined over 100 years ago. A follow-up Phase Two drilling program will be undertaken in the spring of 2021.

Drilling at the Middlecoff Zone will target a high-grade shoot of silver mineralization intersected in the 2019 program and sampled historically in underground workings. The 2019 program intersected a 1.02 metre intersection that averaged 455.0 g/t silver in HLD19-16 and a separate intersection of 996 g/t silver, 1.486 g/t gold and 28.35% lead over 0.35 metres in a separate interval from the same hole. Three holes are planned to expand upon these intersections.

A previous operator intersected 320 g/t silver, 1.1 g/t gold and 0.7% lead over 2.20 metres at the West Fault, one kilometre north of the Middlecoff Zone. This 2011 drillhole intersection has not been followed up. Three holes are planned to test this mineralization along strike and down dip on the West Fault vein structure.

The 2020 program will focus on these two areas in order to improve efficiencies in logistics through the autumn campaign. New target areas such as the Bighorn Zone discovery, where the first and only drill hole intersected 2.35 metres of 125 g/t silver and 4.39 % lead, will be tested in a 2021 Phase Two program, investigating the target foot print of the 900 by 250 metre multi-element soil geochemical anomaly encompassing four known mineralized structures.

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

Alianza Minerals

Alianza Minerals

Overview

Alianza Minerals (TSXV:ANZ) is a hybrid-prospect generator with an active portfolio of high-value projects. Alianza currently holds five projects in Nevada, six in Yukon, one in Colorado, one project and one royalty in Peru and three royalties in Mexico. In the rising precious metals market, Alianza has been recognized for having a standout portfolio of projects in highly prospective and active mining jurisdictions.

The company’s 100 percent owned flagship Haldane silver project is located within Yukon’s prolific Keno Hill mining district. The Keno Hill district is Canada’s second-largest silver producer and one of the world’s highest-grade silver camps. Between 1913 and 1989, the district generated over 217 M oz of silver with average production grades of 1,149 g/t silver (37 oz/t), 5.62 percent lead and 3.14 percent zinc.

Alianza’s wholly owned Haldane project has seen over 100 years of mining and exploration interest. From 1918 to 2018, sporadic work programs targeted select areas of the property for high-grade silver, tin and later gold. Despite strong indicators of high-grade silver mineralization, much of the property remains underexplored with significant potential at depth, on strike and in newly discovered vein systems. Alianza’s approach when it acquired the project in 2018 was to step back and assess the entire property for its potential to host additional high-grade silver targets for testing. The Haldane project benefits significantly from a mining-friendly jurisdiction and thorough road accessibility.

alianza haldane map

In 2018, the company performed property-wide mapping and geochemical sampling to identify high-value targets in areas of the property where little-to-no prior exploration had investigated its silver potential. In 2019, the first hole was drilled within the newly discovered Bighorn zone intersecting multiple vein structures and Keno-style silver-lead mineralization. Other zones of interest within the historically mined Mt. Haldane Vein System (MHVS) include the Middlecoff zone, which includes 235 meters of strike-length on a mineralized structure that has yielded 24.7 tons of silver at 3,102 g/t and 59 percent lead almost a century ago. With only 17 surface holes drilled to-date on the entire property, the potential for an additional high-grade discovery similar to the new Bighorn zone remains significantly high.

Two other primary assets held by Alianza include the Tim silver project in Yukon and the Twin Canyon gold project in Colorado. The company’s Tim property hosts high-grade silver mineralization at surface, with historic trenching sample results of 10.28 oz/t silver and 9.12 percent lead. Alianza has partnered with Coeur Mining (NYSE:CDE), and the project is located a short 12 kilometers from Coeur’s prolific Silvertip mine.

The Company’s Twin Canyon gold project is located in the past-producing La Plata district of southwestern Colorado. The Twin Canyon property hosts a series of underground workings that date back to the 1980s and 1990s. Historic sampling yielded gold values up to 15.77 g/t gold. After a successful field campaign, Alianza staked additional claims to expand the property and more recently launched a follow-up exploration program involving detailed prospecting and geological mapping within areas of gold soil anomalies.

The company recently closed $3.2 million in financing originally announced near the end of September. Jason Weber, president and CEO of Alianza, commented, “This financing gives us the ability to not only complete our ongoing Haldane drilling program, but also the flexibility to follow up results from this program and test new targets as early as we can get started in 2021.”

The company’s technical team has had extensive experience with exploration and resource development with a specialization in early-stage exploration and project generation. Alianza has formed strategic partnerships with Coeur Mining, Hochschild Mining (LSE:HOC), Equity Exploration Consultants Ltd and Big Rock Exploration Ltd.

Alianza Minerals’ Company Highlights

  • Focused on making a discovery through strategic exploration in stable jurisdictions: the company currently holds royalties and projects in Peru, Nevada, Yukon and three Mexico royalties.
  • Recently closed $3.2 million in financing and is fully funded until the end of 2021.
  • The company’s wholly owned flagship Haldane silver project is in the Yukon’s prolific Keno Hill district, one of the world’s highest-grade silver camps. Historically, Keno Hill has produced over 217 million oz of silver.
  • Two of the company’s other projects include the Tim silver project in Yukon and the Twin Canyon gold project in Colorado.
  • The company’s Tim property hosts high-grade silver mineralization at surface while the Twin Canyon property hosts a series of underground workings dating back to the 1980s and 1990s. Historic sampling yielded gold grades of up to 15.77 g/t.
  • All three of the company’s project areas benefit from significant infrastructure and exceptional road access.

Alianza Minerals’ Key Projects

Haldane Silver Project, Keno Hill District, Yukon

The company’s wholly owned Haldane project is located in an underexplored, high-grade silver region of the historic Keno Hill mining district. The property encompasses 8,579 hectares of tenure hosting structurally controlled silver veins within Central Yukon. Between 1913 and 1989, the Keno Hill silver deposits produced over 200 million ounces of silver. Keno Hill remains one of the highest-grade silver districts in the world.

In 2018, Alianza identified two new soil anomalies, validating the technical team’s prediction that additional Keno District-style silver-bearing veins may be present on the property. A 2019 exploration program focused on the Ross, Bighorn and Middlecoff targets, resulting in the discovery of silver-lead vein mineralization at the newly-minted Bighorn Zone and additional high-grade silver intersections at the promising Middlecoff Zone.

bighorn results

The company has already initiated phase one of a drilling program, which includes a total of 10 holes. The initial phase of drilling will target the West Fault and Middlecoff areas. In 2011, a previous operator intersected mineralization at the West Fault, returning 320 g/t silver, 1.1 g/t gold and 0.7 percent lead over 2.2 meters. The Phase One program will also return to the Middlecoff zone, where drilling in 2019 intersected 455 g/t silver over 1.02 meters and 996 g/t silver, 1.486 g/t gold and 28.35 percent lead over 0.35 meters.

Phase Two of the drilling program is expected to begin in the spring of 2021 and will further target both the West Fault and Middlecoff veins, in addition to the recently discovered Bighorn zone, from which the first and only hole revealed 2.35 meters of 125 g/t silver at 4.39 percent lead, in addition to three other silver-lead bearing veins.

Tim Project, Silver, Yukon

The Tim property includes 72 mineral claims located 72 kilometers west of Watson Lake, Yukon. Alianza’s experienced technical team believes the property hosts a carbonate replacement-manto style deposit, similar in nature to the nearby Silvertip mine owned and operated by Coeur Mining. Historic trench chip samples returned 352.4 g/t silver and 9.12 percent lead over 4 meters. Two grab samples taken from another trench indicated 1,248.1 g/t silver at 49.5 percent lead and 978 g/t silver at 32 percent lead. Confirmation sampling by Alianza returned 6.4 meters of 220 g/t silver and 4.74 percent lead, confirming the historic results.

The Tim project is optioned to Coeur Mining, who can earn an 80 percent interest by completing $3.5 million in exploration expenditures over five years, making cash payments of $575,000 to Alianza and completing a feasibility study by the eighth anniversary.

Twin Canyon Gold Project, Colorado

The company’s Twin Canyon project is located in the prolific La Plata district of Southwestern Colorado. The property is a sandstone-hosted gold prospect situated roughly 20 kilometers from the town of Mancos. The project benefits from exceptional road accessibility and a series of underground workings dating back to the 1980s and 1990s.

In June 2020, Alianza acquired a lease on the property to explore its potential for widespread gold mineralization. Channel samples of workings from a 1986 program report indicated up to 8.1 g/t gold over 3 meters. Highlights of the summer 2020 program include a 4 km² expansion and definition of a large gold-in-soil anomaly ranging from 20 to 460 parts per billion gold—measuring over 1,900 meters long by 100 meters wide—in addition to new gold-bearing outcrops associated with anomalous soil geochemistry.

Following a successful field program at Twin Canyon, the company recently launched a follow-up exploration program. The current program includes detailed prospecting and geologic mapping within areas of gold soil anomalies.

Alianza Minerals’ Management Team

Jason Weber, P.Geo.—President, CEO and Director

Weber is a geologist with over 25 years of experience in the minerals exploration industry. He most recently held the position of President and CEO of Kiska Metals Corporation, a junior exploration company focused on the exploration and development of the Whistler gold-copper porphyry project in Alaska. Weber was President and CEO of Rimfire Minerals Corporation from 2007 to 2009 when Rimfire merged with Geoinformatics to create Kiska. He initially joined Rimfire in 1999 as Manager of Corporate Communications. Prior to Rimfire, Weber was engaged by Equity Engineering as a project geologist working on projects in Canada and Central America. He was also the President and CEO of Estrella Gold and has board and advisor positions with a number of junior resource companies

Rob Duncan—VP of Exploration

Duncan has over 25 years of experience in mineral exploration with a wide range of companies, from major producers such as Rio Tinto and Inmet Mining to junior explorers. He has held senior management positions at several junior explorers exploring throughout the North American Cordillera, Canadian Shield and Eastern Europe on a wide variety of deposit types including orogenic gold, porphyry copper (gold), VMS, intrusion related gold, and epithermal gold-silver systems. He also has over ten years of management experience specifically with prospect generator companies, having held the position of Exploration Manager at Rimfire Minerals and VP Exploration and Project Development at Evrim Resources.

John R. Wilson—Director

Wilson has over 40 years of experience and success in all aspects of base and precious metals exploration, discovery, reserve definition and mine development. His work has included discoveries in Brazil, Nevada and Peru. He has also performed detailed evaluations of numerous deposits and prospect types in varying geological settings throughout the western U.S., Russia, Chile, Peru, Brazil, Mexico, Central America and Asia. His work for Cyprus Minerals Company, Codelco Corporation, Amoco, AMAX Mining Corporation and Essex has ranged from initial prospect evaluation to the design and management of regional exploration, deposit modeling and development programs.

Marc G. Blythe—Director

Marc Blythe has a Master of Business Administration from La Trobe University in Melbourne and a Bachelor of Mining Engineering degree from the Western Australian School of Mines. Blythe was Vice President, Mining, of Almaden Minerals Ltd from 2006 to 2011 and President and CEO of Tarsis Resources Ltd. He was also the Vice President of Corporate Development at Nevsun Resources Ltd. Prior to that he was Corporate Senior Mining Engineer for Placer Dome Inc. based in Vancouver from 2004 until 2006, at which he completed internal and external mine evaluation, including advising on potential acquisitions and mining technology implementation.

Craig Lindsay—Director

Craig Lindsay has in excess of 25 years’ experience in corporate finance, investment banking and business development. His focus has been on mineral resources in the western United States. He is currently the Managing Director of Arbutus Grove Capital Corp., a private company offering corporate finance and merchant banking services. He was the Founder, President and CEO of Otis Gold Corp. until its sale to Excellon Resources Inc. (TSX) in 2020. Lindsay was also a Founder and President of Magnum Uranium Corp. until its merger with Energy Fuels Inc.(TSX: EFR in June 2009). As well, Lindsay was a Vice President in the Corporate Finance and Investment Banking Group at PricewaterhouseCoopers LLP. Lindsay was Founder of Malaspina Capital Ltd., a junior capital pool company, and was responsible for identifying its merger with Miranda Mining Corp (a Mexican-based gold producer that was subsequently acquired by Wheaton River Minerals).

Mark T. Brown—Executive Chairman

Mark Brown obtained his Chartered Accountant designation in 1993 while working with PriceWaterhouseCoopers in Vancouver, BC, Canada. Brown has lead the financial aspects of Alianza Minerals Ltd. since 2007, including financing, regulatory and reporting issues. Before Alianza, Brown was the controller of two operating gold mining companies with operations in northern Canada and South America. Brown leads a team of eight people in the Vancouver office of Pacific Opportunity Capital Ltd. and was the founder of Rare Element Resources Ltd., which became a $500 million company under his tenure.

Winnie Wong—CFO

Winnie Wong is the Vice President of Client Services at Pacific Opportunity Capital Ltd., a firm the company has retained to provide financial management and accounting services. Following her graduation from Queen’s University, Wong worked with Deloitte & Touche, at which she earned her Chartered Accountant designation. Wong currently acts as the CFO and Corporate Secretary on a number of TSX Venture Exchange companies and was CFO of Rare Element Resources ($500 million market cap), as well as Animas Resources and AQM Copper.

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Okapi Resources Ltd  Quarterly Activities Report

Okapi Resources Ltd Quarterly Activities Report

Perth, Australia (ABN Newswire) - Okapi Resources Limited (ASX:OKR) (FRA:26O) (OTCMKTS:OKPRF) is pleased to provide a quarterly development and corporate update.

DEVELOPMENT

Athabasca Projects, Canada

During the quarter, the Company has entered into a binding, conditional agreement with ALX Resources Corp (CVE:AL) to acquire a portfolio of six advanced exploration projects in the Athabasca Basin (Athabasca Projects), the world's premier high grade uranium district.

The Athabasca properties includes six projects across 75 granted mineral claims covering approximately 55,000 hectares. Importantly, all of the projects are located along the margin of the Athabasca Basin or in the Carswell Impact Structure, the depth to the Athabasca Basin - Precambrian Basement unconformity is relatively shallow at 300 metres or less and typically closer to 100 metres, making them targets for shallow high-grade unconformity-related and basement hosted uranium deposits.

The Athabasca Basin is home to the world's largest and highest-grade uranium mines including Cameco's McArthur River and Cigar Lake uranium mines. A number of world-class discoveries have been made in recent years in the Athabasca Basin including the Triple R, Arrow and Hurricane discoveries.

The material terms of the Property Purchase Agreement between Okapi and the vendor, ALX, (Acquisition Agreement) are summarised below:

- Acquisition: Okapi has agreed to purchase and ALX has agreed to sell an undivided 100% legal and beneficial interest in five of the six Athabasca Projects and an 80% interest in the sixth Athabasca Project, the Middle Lake Exploration Project, for the consideration and subject to the conditions precedent set out below.

- Consideration:

o pay ALX cash in the amount of A$1,000,000;
o issue ALX with A$1,050,000 worth of fully paid ordinary shares in Okapi Shares calculated by way of the 10-day volume weighted average price of Shares up to the day prior to that date which is Five business days following the satisfaction or waiver of the conditions precedent; and
o grant to ALX a 1.5% net smelter returns royalty (NSR) on minerals produced from certain mineral claims the subject of the acquisition that do not bear existing royalties. Okapi may at any time acquire up to 50% of the NSR from ALX by payment to the Vendor of CAD$1,000,000.

- Voluntary escrow: The Consideration Shares will be escrowed as follows:

o 33% of the Consideration Shares shall be released six months after the Closing Date;
o 33% of the Consideration Shares shall be released on the date that is nine months after the Closing Date;
o 34% of the Consideration Shares shall be released on the date that is 12 months after the Closing Date.

In addition to the consideration set out above, the Company has agreed to issue Geonomik Pty Ltd (or their nominee) A$400,000 worth of fully paid ordinary shares in Okapi (the Fee Shares) in consideration for finder and introduction services provided to Okapi from 14 September 2021 in relation to the acquisition of the Athabasca Projects from ALX. The value of the Fee Shares shall be calculated by use of the 10-day volume weighted average price of Shares up to the day prior to Completion. The Fee Shares will be issued to Geonomik Pty Ltd (or their nominee) who are not related parties of the Company and subject to a voluntary escrow whereby 25% of the Fee Shares are released from escrow after each of three, six, nine and twelve months from completion respectively.

Okapi's management team have been working closely alongside a highly reputable, independent technical services firm based in Saskatchewan to assist in ranking and prioritising the properties by geological prospectivity.

The data review and high priority target generation is well advanced, and Okapi will outline the exploration strategy going forward on the Athabasca properties upon closing the transaction in late January 2022.

The company will be focused-permitting drill programs on two of the six properties which include Middle Lake and Newnham Lake, which have been identified as having the best exploration potential. ALX, on behalf of Okapi has already lodged a permit to drill on the Middle Lake Project prior to closing and is in the process of submitting a drill for Newnham Lake.

The Company will also be looking to consolidate and expand its positions in the Athabasca Basin through some highly accretive acquisitions during 2022.

Tallahassee Uranium Project, Colorado

Okapi holds a 100% interest in mineral rights that cover approximately 7,500 acres in the Tallahassee Creek Uranium District of Colorado, USA.

During the quarter, the Company announced a Maiden 2012 Mineral Resource for the Tallahassee Uranium Project estimated at 25.4Mt @ 490ppm U3O8 for 27.6 million pounds of U3O8 using a 250ppm cut-off grade.

The Company also acquired additional high-grade uranium pounds located immediately alongside and contiguous with Okapi's High Park Deposit. The Company added a further 640 acre landholding through the execution of a mining lease with the State of Colorado. The New Project Area was previously drilled out on 30 metre centres with approximately 550 holes drilled for 26,000m completed in the late 1970's. This New Project Area has a JORC 2012 Resource 2.48 million pounds of U3O8 at 570ppm U3O8.

Rattler Uranium Project, Utah

The Rattler Uranium Project comprises ninety-eight (98) Bureau of Land Management (BLM) unpatented Federal mining claims totalling of approximately 1,960 acres in the La Sal Uranium District.

During the quarter, the Company commenced initial field programs at its high-grade Rattler Uranium Project with Okapi's exploration team on-site to conduct an initial review of the historical workings, undertake geological mapping to gather information for future programmes and to undertake rock chip sampling. The rock chip samples are awaiting being sent for assaying.

The Company is currently in the process of submitting permits to drill at Rattler with the BLM, State and County regulators, and plans to commence drilling in March or April subject to permits and drill rig availability.

Lake Johnston and Crackerjack Projects

During the quarter, no exploration activity was conducted on Lake Johnston and Crackerjack Project.

Enmore Gold Project, NSW

Okapi's Enmore Gold Project is located approximately 20km south of the operating Hillgrove Gold Mine (ASX:RVR), where past production exceeds 730,000 ounces of gold.

During the previous quarter, the maiden drilling program intersected significant, thick, shallow gold mineralisation with exceptional results received including 174m @ 1.83 g/t gold, from surface, with this hole, OSSRC06, ending in mineralisation, with the deepest interval returning 3m @ 8.86 g/t gold from 171m to EOH.

During the quarter, Okapi's shareholders approved the issue of shares 620,023 at the Annual General Meeting as part of the Milestone 1 payment to acquire the Enmore Gold Project.

CORPORATE

Managing Director Appointment

During the quarter, highly experienced mining executive, Mr Andrew Ferrier was appointed as Managing Director.

Mr Ferrier has more than 15 years of experience in both management, corporate finance and principal investing roles in the global mining sector. He has previously held senior roles for Pacific Road Capital, a large mining-focused private equity investment firm where he worked for 12 years across USA, Canada and Australia. Mr Ferrier has significant knowledge and understanding of the North American Uranium space having been heavily involved in the development, permitting and sale of the Reno Creek ISR Uranium project in Wyoming, USA.

Executive Director, Mr David Nour retired at the Company's Annual General Meeting.

OTCQB Trading in the USA

Okapi commenced trading on OTCQB market on 22 November 2021 in the USA, providing North American investors with the opportunity to purchase Okapi stock as the Company executes its strategy to become a new leader in North American carbon-free nuclear energy.

The Company's cross-trade allows Okapi shares to be traded on the OTCQB market under the Company's ticker code OKPRF. No new shares have been issued to facilitate this quotation. B. Riley Securities acted as the Company's OTCQB sponsor.

The Company is currently seeking approval for Depository Trust Clearing (DTC) eligibility to facilitate real-time electronic trading in the USA which will further enhance liquidity and trading activity in the USA.

Cashflow for the Quarter

Okapi held cash reserves at end of quarter of approximately $4.0 Million and investment in listed entities currently valued at approximately $0.45 Million.

During the quarter, a total amount of approximately $188,000 (as shown in 6.1 of Appendix 5B) was paid to directors and officers which includes consulting fees and superannuation payments. These payments were paid in accordance with the directors' and officer's contracts.

The Company paid approximately $597,000 (capitalised and expensed) on exploration and evaluation activities including geological consulting services, drilling and field expenses, assay costs, property lease and annual rates payments.

To view the Quarterly Report with tables, please visit:
https://abnnewswire.net/lnk/8SMBD2PU



About Okapi Resources Ltd:

Okapi Resources Limited (ASX:OKR) is a minerals exploration company focused on the discovery and commercialisation of mineral deposits in Australia.

Okapi's primary objective is to discover and develop mineral resources from its current portfolio. The Company has carefully selected projects with historical workings and excellent results. Okapi has a team of professionals with an exemplary record of success and with a particular history in Australia.

Okapi is also pursuing a growth strategy that aims to appraise and secure further exploration and development opportunities within gold and mineral endowed districts.



Source:
Okapi Resources Ltd

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(TheNewswire)

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(TheNewswire)

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