Categories: Precious Metals
Topics: General Precious Metals

Alianza Minerals (TSX-V: ANZ)(OTC: TARSF) CEO Jason Weber on Bonanza High Grade Silver at Haldane Project

Gerardo Del Real: This is Gerardo Del Real with Resource Stock Digest. Joining me today is the President and CEO of Alianza Minerals, Mr. Jason Weber. Jason, how are you today?

Jason Weber: Oh, I'm very well Gerardo. How are you?

Gerardo Del Real: I am well also, thank you for asking. I suspect your phone has been ringing off the hook. You had some absolutely spectacular numbers on the 12th of July. Let me read the headline. The headline reads:

Alianza intersects 3,267 g/t silver over 1.26 metres estimated true width at Haldane, Keno Hill District, Yukon Territory

Congratulations. That's a spectacular, spectacular intercept. I'll let you provide the context because I don't want to take the shine away from the results. This is within a longer intercept, but I would love for you to give us the details. You got to be happy.

Jason Weber: Yeah, we're extremely happy. I think I've mentioned to you before, the drilling is fairly difficult at this West Fault target that we're testing right now, but the prize is obviously worth it. So to see the perseverance of the crews and the drillers on site get rewarded with such a nice intersection, it's really great to see because those guys and gals in the field have worked really hard. The significance of this, when we talked about the intersection we had in hole 19 from our 2020 program, we were really excited because we had a nice wide vein within the West Fault structure. And the significance there was that the veins had been fairly narrow to that point with decent grade and now we were starting to see some high grade.

We're starting to see wide intercepts of vein material. And now we're getting an intercept 80 meters away that's really high grade and it's confined to a narrower vein intercept, but it is from within a larger vein that's just not as well mineralized in some of the upper parts of it. But that's also complicated by the fact that some of the recoveries haven't been spectacular. We lost an 80 centimeter section that we had to assign zero grade to that core. So that left it probably a bit of a downgrade on the intersection, but we're still really excited by what we're seeing. We're starting to get a better handle on the structure itself, how the veins occur within it. So it's going to be exciting to see the next rounds of results that come back from further intersections.

Gerardo Del Real: Well, if the next set of results are also downgraded to this level, then I think shareholders will be able to tolerate it.

Jason Weber: Yeah, I guess the other part that's really exciting for us Gerardo is that we are now seeing those bonanza grades that they see at Alexco. And so we're seeing the same minerals, since we put out the news release and we've been able to spend some detailed time looking at the core, we've started to pick things out. We're seeing tetrahedrite, which tends to be a high silver mineral. We're seeing native silver within the intersection. So to start to see that stuff that is kind of more reminiscent of the grades and the high-grade minerals that they see at Alexco is really encouraging.

Gerardo Del Real: I got to believe there's going to be some interesting discussions if they're not already happening with your neighbors, given the grade, given the types of rocks, given the proximity to each other.

Jason Weber: Yeah. And we've got a really good relationship with their field crews. They've been super helpful for us over our time working in the area. So when the news went out, we phoned up their crew and said, "Hey, do you want to come and have a look at it?" So it’s field geos looking at rocks, which tends to be quite a fun exercise, but yeah, we're eager to share with them what we found and they probably have ideas and thoughts on what they're seeing that can add and help in our exploration.

Gerardo Del Real: I have one playful criticism. Excellent cross sections on the news release. I really want to see a picture of that rock, Jason, that I didn't see it in the news release. So if you can...

Jason Weber: You'll see it later today.

Gerardo Del Real: All right, I'll be looking for it. And I'll ask the team to make sure we link to it. I want to see what that looks like. It's got to be spectacular. Congratulations on this. When do you anticipate further assays?

Jason Weber: I think we're probably looking at end of July, early August is just my guess. Anything earlier I think would be a bonus. So yeah, I think we'll be seeing the next set around that time. And then it's probably, anything we're drilling now, you're probably not going to see until September. So it's going to be fairly spaced out over the next few months.

Gerardo Del Real: Well, I'm looking forward to seeing the rocks. I'm also looking forward to having you back on when you get the next set of assays. Congrats again, and we'll chat soon Jason.

Jason Weber: Thanks very much, Gerardo.

Gerardo Del Real: All right, bye now.

Jason Weber: Bye-bye.