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Alianza Minerals (TSXV:ANZ) planning drill program at its Haldane Silver Property, YT

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TSXV:ANZ
30 January 2023 12:45 (EDT)

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Alianza Minerals (ANZ) is planning to drill and further explore its Haldane silver project in Yukon Territory’s historic Keno District.

Work includes airborne electromagnetic and magnetics surveys and drilling at the high-grade West Fault silver discovery and the emerging Bighorn silver target.

Airborne electromagnetic and magnetic surveys are planned to help map lithologies, refine target structures, and potentially identify new target structures that may be silver-bearing, with trenching and diamond drilling to follow, where applicable.

Source: Alianza Minerals Ltd.

Drilling will target the extensions down plunge on the West Fault target where high-grade silver mineralization has been identified over an area 100 metres by 90 metres and on two structural levels within the West fault structure. Drilling aims to build on previous intersections at West fault, including 1.8 metres of 818 grams per ton of silver, 3.47 per cent lead, 1.03  per cent zinc and 3.14 metres of 1,315 grams per ton of silver, 2.43  per cent lead, 2.91 per cent zinc (true widths). At least four holes are planned to test the extensions of this mineralization.

Drilling is also planned for the Bighorn target near the West Fault, which was identified from soil geochemical sampling that returned anomalous values for lead and silver in soils. The only drill hole at this target returned 125.7 grams per ton of silver and 4.39 per cent lead over 2.35 metres from previously unrecognized vein structures. Trenching and groundwork in 2022 refined targeting at Bighorn, and additional drilling will test this target for its potential to host wide, high-grade silver mineralization.

Additional drilling will also target the Main and Middlecoff targets.

Company CEO Jason Weber sat down with Sabrina Cuthbert to discuss the updates.

“Only 27 holes have been drilled from surface on the entire Haldane property, testing only a small fraction of the 12 km of cumulative strike length of silver-bearing structures we have identified to date. Alianza’s drilling has only tested approximately 400 metres of cumulative strike length, leaving plenty of room for expansion of known mineralization and discovery of new high-grade silver zones.”

Alianza Minerals (ANZ) is a Canadian exploration company engaged in the acquisition and exploration of mineral properties. Some of its properties include Yanac Project, Horsethief, Bellview, Twin Canyon, and BP Project, the 85.7 sq. km. Haldane Project in the historic Keno Hill District in Yukon Territory and KRL. Its geographical segments include the United States, Canada, and Peru.

Alianza Minerals Ltd. (ANZ) was trading at C$0.045 per share.


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