Alianza Minerals Identifies Stallion Target, Horsethief Property, NV
05 Junio 2017 - 8:00AM
Alianza Minerals Ltd. (TSX-V:ANZ)
(“
Alianza” or the
“Company”)
reports that prospecting and geochemical sampling on recently added
claims at the Horsethief Property, Lincoln County, NV has
identified a third target area, called the Stallion target. This
new target lies in the area of recently staked claims (see NR17-06,
May 3, 2017) and consists of jasperoid outcrops with
gold-arsenic-mercury-antimony geochemistry in rock samples. This
target was identified and sampled during a property-wide
prospecting and sampling program completed at the time of staking.
Exploration at Horsethief is targeting
sediment-hosted gold mineralization in a window of Cambrian
carbonate rocks overlain by volcanic flows and pyroclastics. Work
by prior operators included mapping and sampling hematite-rich
jasperoid breccia outcrops and shallow drilling. Historic drilling,
generally 100 metres or less in depth, returned multiple intervals
of gold mineralization including 13.7 metres averaging 1.2
g/t gold and 39.6 metres averaging 0.79 g/t
gold with four holes terminating in mineralization. Gold
mineralization was hosted in both silty limestone and jasperoid.
Subsequent geophysical surveys (IP chargeability and resistivity)
indicate that stratigraphy and potentially mineralized targets dip
to the east-southeast under the volcanic cover.
A total of 56 panel, chip and grab rock samples were collected
property-wide during the program. Twenty-one samples ranged between
0.15 and 0.75 ppm gold. Sampling was conducted at existing targets
as well as the new claims where coincident soil geochemical and
Induced Polarization (IP)/resistivity geophysical anomalies
suggested prospective stratigraphy may also be present at the
Stallion target, 1.5 km east of the Horsethief North target.
Jasperoid rocks associated with prominent structures were
identified and sampled, returning anomalous concentrations of
arsenic, barium, mercury and gold. This new data, in conjunction
with structural interpretation and IP/resistivity geophysics,
prioritizes near surface targets underneath younger volcanic cover
rocks that overlie eastern portions of the property.
The 2017 program was conducted on behalf of Alianza by Big Rock
Exploration LLC of Minneapolis, MN. Rock samples were sent to
Bureau Veritas Minerals in Reno, NV to be analyzed via 53 element
ICPMS with Aqua Regia digestion (AQ252-EXT). All samples over 50
ppb Au where analyzed using a 30 gram sample gold Fire Assay
(FA430). QA/QC using blanks, standards and duplicates were
included; 10% of the samples will be sent to ALS for check
analysis. Maps and figures for the Horsethief Property can be found
at Alianza`s website www.alianzaminerals.com.
About Alianza Minerals Ltd.
Alianza increases the chances of success in
mineral exploration by using the “Prospect Generator” business
model, focussing on gold and copper exploration in Latin America
and Nevada.
The Company has 33.3 million shares issued and
outstanding, and is listed on the TSX Venture Exchange (TSX-V:ANZ).
Mr. Jason Weber, BSc, P.Geo., Alianza’s President and CEO is
a Qualified Person as defined by National Instrument 43-101. Mr.
Weber supervised the preparation of the technical information
contained in this release.
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.
For further information, contact:
Jason Weber, President and CEO
Sandrine Lam, Shareholder Communications
Tel: (604) 687-3520
Fax: (888) 889-4874
To learn more visit: www.alianzaminerals.com
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