Featured Companies: Alianza Minerals Ltd.
Tipping the Yukon’s Silver Scales at 3,000+ Grams Per Tonne
Hybrid prospect generator Alianza Minerals (TSX-V: ANZ)(OTC: TARSF) — currently trading around C$0.10 per share — announced today an exceptionally high-grade drill-hit from its 100%-owned Haldane Silver Project located in the historic Keno Hill Mining District of Yukon Territory, Canada.
Highlights from hole HLD21-24 (West Fault Target) include:
- 1,351 grams per tonne (g/t) silver, 2.43% lead, and 2.91% zinc (or 1,542 g/t silver-equivalent “AgEq”) over an estimated true width of 3.14 meters; including
- 3,267 g/t silver, 5.8% lead, and 7.02% zinc (or 3,720 g/t AgEq) over an estimated true width of 1.26 meters
Alianza’s VP Exploration, Rob Duncan, commented:
“The result in HLD21-24 extends the high grade mineralization from HLD20-19 an additional 80 metres to the southwest and down dip. The high-grade nature of this intersection is indicative of the potential of this target and other targets at Haldane. We have only scratched the surface of the 1.1 km long West Fault structure.”
The current program is a follow-up to last year’s phase-one drilling which intersected 818 g/t silver, 3.47% lead, and 1.03% zinc over 3.3 meters. With three additional holes from the West Fault target now complete and in the lab, the Alianza team is making solid progress as it seeks to map out the mineralized structure.
Thus far, mineralization has been intercepted in two holes piercing the West Fault vein structure approximately 80 meters apart. Importantly, the current program — which is systematically testing the structure via 50-meter step-outs along strike and down dip — has only tested around 150 meters of an 1,100-meter-long structure which remains open in all directions.
Drilling is expected to continue at the West Fault target — one of four high-priority silver-lead-zinc bearing vein targets at Haldane — through the end of the week.
And far from a one-trick-pony, Alianza, as a hybrid prospect generator, has a multitude of precious and base metals projects underway in well-established mining jurisdictions in the US, Canada, and Peru.
That includes the Tim Silver Project in the Yukon which is being advanced via a joint venture with Coeur Mining (NASDAQ: CDE).
Additionally, Alianza is seeking JV partners to advance its drill-ready Yanac copper prospect in Peru and its newly-permitted KRL gold prospect in British Columbia’s Golden Triangle.
And not to be outdone, the company is currently on-the-hunt for early-stage copper exploration projects in the western United States with Imperial X.
For speculators, Alianza Minerals offers exposure to exploration-stage gold-silver-copper via multiple company-funded and partner-funded projects — a hallmark of the hybrid prospect generator model.
Stand by for what looks to be a steady stream of news flow from Alianza throughout the second half of the year as this historic precious and base metals bull market continues to develop.
Yours in profits,
Editor, Resource Stock Digest
Mike Fagan has mining in his blood. As a teenager he staked countless gold and silver properties in Nevada alongside his dad, Brian Fagan, who created the Prospect Generator model that’s still widely used today in the resource space. One of those staking projects was put into production by a major Canadian mining company — a truly rare and profitable experience. That background uniquely qualifies him as a mining stock speculator. One of the most well-known names in the business, Mike is now putting that experience to use for the benefit of Resource Stock Digest and Hard Asset Digest readers.
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