Drills Following High-Grade Silver Veins in Canada’s Yukon Territory

 

Hybrid prospect generator Alianza Minerals (TSX-V: ANZ)(OTC: TARSF) — currently trading around C$0.10 per share — has released additional drill assays showing high-grade silver mineralization at its 100%-owned Haldane Silver Project, Yukon Territory, Canada.

Drilling to-date has been focused on the West Fault Complex target where mineralization has now been extended by 62 meters down dip via a highlight intersection averaging 1,107 grams per tonne silver, 6.98% lead, and 3.97% zinc over 1.60 metres. That particular standout intercept equates to a silver equivalent grade of 1,485 grams per tonne — or just over 52 ounces per tonne.

More importantly, that intercept is part of a wider fault intersection characterized by a series of mineralized faults and splays at the West Fault Complex. For example, Hole 25 hit 325 grams per tonne silver equivalent over 13.38 meters.

Alianza CEO, Jason Weber — whom you’re about to hear more from — commented via press release

“We continue to expand the West Fault Complex mineralization at Haldane, with our third high-grade silver intersection. We have now extended the known mineralization 62 metres down dip in this hole and in our previously released HLD21-24, we have extended mineralization 75 metres down dip and approximately 50 metres along strike of HLD20-19. The additional holes at West Fault Complex are showing that it is a large structure with excellent potential for additional high grade silver mineralization.” 

Samples from the two remaining drill holes targeting the West Fault Complex are currently at the lab awaiting processing and are expected to be released within the next 6 to 8 weeks.

Additionally, as a hybrid prospect generator, Alianza has a number 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).

Alianza is also 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 Alianza team is also on-the-hunt for early-stage copper exploration projects in the western United States via an agreement 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.

Our own Gerardo Del Real of Junior Resource Monthly sat down with Alianza CEO, Jason Weber, to go over the latest high-grade silver hits at Haldane.

Enjoy! Also click here for our feature report on Alianza Minerals.

Yours in profits,

 

Mike Fagan

Mike Fagan
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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