Alianza Minerals (TSX-V: ANZ) CEO Jason Weber on High-Grade Silver Results from the Haldene Silver Project in the Yukon

November 6, 2019

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Gerardo Del Real: This is Gerardo Del Real with Resource Stock Digest. Joining me today is the President and CEO of Alianza Minerals (TSX-V: ANZ)(OTC: TARSF), Mr. Jason Weber. Jason, how are you doing?

Jason Weber: Doing very well, Gerardo. And you?

Gerardo Del Real: I'm doing well. I'm happy to have you back on. You and I spoke, I believe, a little bit over a week ago. At the time, we were anticipating assays and we got them back.

I know that the headline was 455 grams per tonne silver over 1 meter, which of course, frankly, it's a fantastic intercept. But the fact that stuck out to me was that it was over a broader 10.66-meter section that averaged 125.6 grams per tonne silver, which is pretty spectacular.

I know you were excited about it. I had the opportunity to speak with Mark Brown recently. He was excited about it. I'd love to hear your take.

Jason Weber: Yeah we are, Gerardo. I think when you just look back to our last discussion, we talked about the first two holes in the program, which were in brand new areas that had never been tested by drilling before. That was the Bighorn and Ross anomalies.

Now we moved over into what we call the Mt. Haldane Vein System, which is where the old timers worked dating back to the 1920s. We drilled a couple holes, testing some high-grade mineralization that they had encountered in underground workings that date back to, well the most recent work on those was in the 1960s.

Gerardo Del Real: Right.

Jason Weber: So we sort of had two ideas. One was there might be a flat plunge to the high-grade shoot within this structure, or there might be a steeper plunge. And that's what these two holes tested. So for us it was important. One is to get some good high-grade numbers to sort of follow these high-grade shoots, but also to see that these structures are big.

For us, we're going to need big structures if we want to see bigger veins. So the fact that we've got the bigger veins, we've got high-grade silver, now it's vectoring to find where we might get bigger high-grade veins.

Gerardo Del Real: What's next to figure that part out? Obviously, it's going to be important to understand the orientation of those high-grade shoots, as you mentioned in the release. How are you going to do that? What's the next step?

Jason Weber: I think the first hole, hole 16, which had the 10.66-meter section of 125.6 grams silver, that hole had some of the high-grade mineralization in it. So that one was testing the flatter plunge to the high-grade shoot.

Gerardo Del Real: Right.

Jason Weber: So I think we'll vector on that for now. There is some complexity to the geometry of these structures and veins. I think a lot of people think of veins as being these basically planar bodies that sit in the rock and you just follow them forever. These, we actually are starting to think anastomoses. You think of a river delta and the river channel, it splays and winds and meanders through the delta. If you get a 10-meter structure, these veins might show a similar pattern within that structure.

So it makes it a little more difficult to try to correlate from one hole to the other. You can correlate the whole structure, but individual veins in between can be difficult. So that's where we have to, I think, put our thinking caps on and focus on some of that now.

Gerardo Del Real: Excellent. Elsewhere in the Alianza portfolio, what's going on?

Jason Weber: So right now we're just finishing compiling the work from the summer programs in Nevada. We announced our Horsethief results a couple of releases ago. I guess it was probably 10 days ago now. That led to a setup for drilling. We were hoping to get that in before Christmas, it won't happen. But as early as we can be out at Horsethief next year, we'll be drilling.

The other two projects, BP and Bellview, being earlier stage projects were a little a lower priority. We wanted to get Horsethief together as quick as we could. So now we're looking at those, compiling the data and seeing what the next steps are on those two projects.

Then we had our KRL project, the high-grade gold targets in Northern BC that we are just compiling right now. So we hope to have results out on that pretty quick.

Now we're sort of into the phase where all the data we collected is being compiled for news releases, but then also compiled for what is the next step, drilling, physics mapping, depending on what project we're speaking of.

Gerardo Del Real: Thorough update, Jason. Thank you very much. And of course, as always, I'm looking forward to chatting again as soon as we get some more information.

Jason Weber: Yeah. Great to speak with you, Gerardo.

Gerardo Del Real: Have a good one. Appreciate it.

Jason Weber: Thank you

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