Yukon’s Forgotten Silver

Drills Are Picking Up Where Old Timers Left Off:
High-Grade Silver

Alianza Minerals’ 100%-Owned Haldane Silver Project
Will Have Drills Turning This Summer

 

Alianza Minerals (TSX-V: ANZ)(OTC: TARSF) is a hybrid explorer\prospect generator focused on early-stage precious and base metals exploration opportunities in the Americas.

The company has projects in several well-known, mining-friendly jurisdictions including in the western United States and Canada.

A highly-adept Alianza geologic team is on to a new discovery at the flagship, 100%-owned Haldane Silver Project in the Yukon’s Keno Hill Mining District. 

Drilling will resume there this summer. 

Additionally, the company has a high-potential silver exploration project joint-ventured out to NASDAQ-listed Coeur Mining where drilling is also set to commence during the summer months. 

Yet, the stock currently trades undiscovered below US$0.10 per share with a tiny market cap of just US$8 million. 

Over the next several minutes, we’ll be presenting you with compelling reasons why that’s far too low AND why Alianza’s shares need to trade significantly higher just to be in-line with similarly positioned companies within its peer group.

You’ll also hear firsthand from CEO Jason Weber on how the Yukon’s old-timers were once mining thousands of grams per tonne silver on the very property Alianza is set to drill this summer. 

Plus, the timing could not be better with silver in a confirmed uptrend well north of US$24 per ounce. Silver’s pricing strength is poised to escalate further in the coming months and years due to its advanced applications in electric vehicles (EVs), solar panels, 5G and much, much more.

Not only is silver a bona fide “green energy” metal… it’s also a precious metal, meaning it’s additionally benefitting from the easy-money policies of the last several years that has led to the rampant inflation we’re all bearing witness to now. 

All told, what we’re seeing is an unstoppable combination of near-term drivers that will send silver — and small-cap silver exploration stocks like Alianza — substantially higher.

Alianza Minerals has a number of key catalysts lining up that could make it one of the top-performing junior resource stocks of 2022. 

Let’s explore some of those now. 

A Highly Impressive Property Portfolio

Alianza Minerals is advancing an enviable portfolio of early-stage base and precious metals projects in well-established mining jurisdictions in the Yukon Territories, British Columbia, Nevada, Colorado, and Peru. 

alianza-property-map

 

The company’s flagship, 100%-owned Haldane property is an underexplored, high-grade silver project where new discoveries continue to be made by way of the drill-bit.

The 20,000-acre property offers significant potential upside at-depth and along strike, including room to at least double the current known strike length of 12 kilometers. 

The project is certainly in the right location too. 

You see, Haldane is situated in the central Yukon within the prolific Keno Hill Mining District — one of the world’s highest-grade silver camps and Canada’s second-largest silver producing region. 

More than 200 million ounces of silver have been produced there over the past 100 years! 

Mineralization was first discovered at Haldane around the turn of the last century. Yet, despite some modest underground workings that ceased about 4 decades ago, the project has seen only limited exploration and drilling in recent years. 

That’s all changing now!

Alianza’s well-orchestrated exploration approach is to define and unlock Haldane’s full potential by way of the drill-bit. And it’s doing so by systematically vectoring in on key zones of mineralization such as the West Fault Complex. 

Drilling to-date at the West Fault Complex — which is one of four high-priority silver-lead-zinc-bearing vein drill targets at Haldane — has delineated a 650-meter zone of mineralization.

That zone is characterized by two productive fault splays that can be interpreted to extend 1.1 km in length before merging with the 2.2-km-long Main Zone structure.

Highlight intercepts from prior drilling rounds include 311 g/t silver over 8.7 meters, 81.4 g/t silver over 8 meters, and 205 g/t silver over 5 meters.

A new round of drilling — slated for 2,000 meters and commencing this summer — will test the West Fault Complex vein structure to the southwest and down-dip to determine the extent of high-grade silver mineralization.

Alianza CEO Jason Weber covers all the recent results plus the upcoming drill plan in our exclusive interview below. Suffice to say… there’ll be plenty of forthcoming news flow to justify a higher share price than the current US$0.10 level.

Especially considering the fact that the company has another high-potential silver exploration project in the Yukon — called Tim — that NASDAQ-listed Coeur Mining is currently earning into. 

The Tim project is a carbonate replacement style silver-lead target with high-grade silver mineralization at-surface. Trenches up to 30 meters wide have shown over 200 grams per tonne silver at-surface. Drilling is next! 

And it’s nearby to Coeur’s Silvertip Mine… so they know the area’s geology like the back of their hand!

Certainly, those two silver properties alone are worth far more than Alianza’s current market value. Yet, there’s a lot more to the ANZ story… and you’ll be hearing it directly from upper management. 

Let’s jump right into where Alianza Minerals is today with our exclusive interview with CEO Jason Weber.
 

Jason Weber

 

Gerardo Del Real

Gerardo Del Real: This is Gerardo Del Real with Resource Stock Digest. Joining me today is the president & CEO of Alianza Minerals — Mr. Jason Weber. Jason, great to have you back on. How are you, sir?

Jason Weber

Jason Weber: Doing very well, Gerardo. Thanks for having me on.

Gerardo Del Real

Gerardo Del Real: Well, listen, I reached out because I'm looking at Alianza's market cap. I'm looking at the share price. And then, I'm contrasting that with gold that seems to be headed to US$2,000 [per ounce]... copper that seems to have a pretty solid floor right around this US$4.70 a pound level… and, of course, silver is always the more volatile precious metals cousin that tends to overshoot both to the downside and the upside.

But when I look at the metals prices that we have today, and I look at the amount of work that Alianza has done in the past 12 months, and the execution vending in so many quality projects — I wanted to reach out because I think there's a real opportunity that speculators in the space should be taking advantage of. 

So let me start with this: Where is your market cap today, Jason?

Jason Weber

Jason Weber: Oh, we would be in the C$10 million range.

Gerardo Del Real

Gerardo Del Real: Now, let's talk what C$10 million gets you in April of 2022. I mentioned the multiple projects that you've been able to vend in. For those not familiar with the company, can you give us an overview of what you do? And then, we can get into what you'll be doing here in 2022.

Jason Weber

Jason Weber: Yeah, for sure, Gerardo. For us, it's really about getting as many drill programs in front of our shareholders as we can. And we do this in two ways. 

One, through a joint venture business model side of the company where we've got a number of projects that we've brought on at an early stage… developed drill targets… and then, we bring in partners to fund that work. We've got three of those underway, and all three should see drilling this year. So that's one really important aspect of the company.

And then, the other side of it — and probably the side that generates more of the interest in Alianza — is our wholly-owned Haldane project. And this is a silver target. It’s a discovery in the Yukon in the Keno Hill Mining District; a prolific 100-year-old high-grade silver district where we've got a new zone called the West Fault that we've been working on over the last year. Had some great results. 

keno area claims

We're getting mining widths and mining grades of high-grade silver mineralization. Our first hole that we announced was 8.72 meters of 311 grams [per tonne] silver with a percent lead and a percent zinc. So that's 8.72 meters true width. So that's the width of that vein.

alianza-minerals-basal-quartzite-ewing-north-fault-west-fault

And it's interesting, Gerardo, we talked a bit about it in our preamble… but the fact that we have these great results, here we are with a C$10 million market cap. But if you look at our share price over the last year, it has traded with the silver price. 

So that's what makes me say Haldane is what garners the most attention… just the fact that silver has not been strong over the last year until just recently. And our share price has largely been reflective of that, which I found a little bit surprising. 

But knowing the interest that we do get from shareholders in Haldane, what we're doing when we're starting, etc., and the good results we had there, I guess it should have been a little more obvious to me… but with the two parts of the business, I thought they would contribute more equally.

Gerardo Del Real

Gerardo Del Real: Well, again, that's a part of the reason why I reached out because I think that people understand the silver aspect of the story. And I saw the price retracement in the share price here, and I can understand people may be saying, well, if it's going to be a few months before we see results again from Haldane, then let's go ahead and look elsewhere.

What I think people are missing and what I really want to highlight is the opportunity now for a significant copper discovery in very, very stable jurisdictions. Can you speak to that part of the business?

Jason Weber

Jason Weber: Yes, absolutely. It's really exciting the work we've been doing in southwest Colorado with our partners Cloudbreak Discovery and Allied Copper. And this was copper projects we generated over the last year. 

cloudbreak-discovery-and-allied-copper

It was about this time last year we started talking with Cloudbreak to bring some projects into the fold — into an alliance-type scenario — where we would be jointly evaluating early-stage copper prospects… doing a little bit of work… bringing in partners to bring those projects to the drill stages.

We picked up two: Klondike and another called Stateline. And we were able to option both of those projects to our partner, Allied Copper, who is now taking the steps to prepare for drilling at both of those projects in 2022.

klondike-geology-and-cu-results

And what's exciting here is the fact that you've got projects that were explored for other minerals back in the '80s. Copper was a side note. We've gone back to those and just looked through the maps and the notes and said, okay, there's a mention of copper here… let's go check it out! 

And some of these are really good-looking copper showings on surface; it’s 4.6 meter chip of a percent-and-a-half copper on surface. That's a great start! 

And with the crew that we have on the ground, they've worked at an active copper mine in these same rocks on the Utah side of the border… they understand these systems… they've imparted a lot of that knowledge onto us. We feel any time you get a drill going, you have a chance of making a discovery… but we really like these targets for their potential for a new copper discovery.

stateline-map

And of course, you and I can talk metal prices all we want… but a company like ours, to see success, we have to make a discovery. That's where we're going to see the real upswing in our share price. A strong metals market will put some torque on that upside leverage on the share price. 

But we need to make that discovery. And I think these projects offer an excellent opportunity for that.

Gerardo Del Real

Gerardo Del Real: So the sixty-four-thousand-dollar question: When will we see some drills turning on these multiple properties in search of that discovery?

Jason Weber

Jason Weber: Our plan right now is to get going in May if we can. That is a little bit out of our hands just on the availability of drills. Well, the drills are available; it’s the people who run the drills that are the challenge these days. But we're making progress on that. So we think we'll be going in May — early-June, hopefully, at the latest — and those projects would start up then. 

Coeur will be drilling at a project we call Tim in the southern Yukon probably later in the summer. 

alianza_yukon

And then, some time in that period… we don't have a date nailed down yet… we'll be starting up at Haldane with that program too. So four discovery opportunities this summer.

Gerardo Del Real

Gerardo Del Real: Copper, silver, multiple programs, excellent jurisdictions, great technical teams… it's a lot of bang for your ten million bucks' worth, right?

Jason Weber

Jason Weber: Well, absolutely. And I think when we look at the prospects for discovery, really, as geologists — we love our projects! That's probably one of the biggest faults of geologists. 

But when you can get on the ground on an early-stage prospect that you’ve got a good handle on the geology and you can see the tenor of the showings on surface — it's really exciting. And we're really looking forward to getting these programs underway.

And the other part of it, Gerardo, is working with good partners. And we're committed to making those discoveries, and I think we've got that in ours. So that, I think, bodes really well as well.

Gerardo Del Real

Gerardo Del Real: Jason, thanks for coming on. Looking forward to having you back on. Appreciate the time.

Jason Weber

Jason Weber: Thank you, Gerardo.

The Opportunity 

Alianza Minerals (TSX-V: ANZ)(OTC: TARSF) is about to kick off an exciting drill program at its flagship, 100%-owned Haldane Silver Project in the Yukon’s prolific Keno Hill Mining District. 

The project has produced multiple high-grade silver hits in prior drill rounds; this year’s program will follow up on those targets along with meters set aside for exploratory drilling in new high-priority zones.

Not only is Haldane in an area of significant historic silver production, its neighbor recently put its project into production… paving the way, so to speak, and providing geologic insight to a highly-experienced Alianza team that’s more than up for the challenge. 

We also noted that Alianza Minerals is successfully deploying the prospect generator model on several of its other highly-prospective projects, including the Tim Silver Project and the Twin Canyon Gold Project. 

NASDAQ-listed Coeur Mining is currently earning-in 80% of the Tim Silver Project, which is also in the Yukon just north of the company’s own Silvertip Mine. Coeur will have the drills turning at Tim later this summer. 

And in Colorado, Alianza is systematically proving that the primary target area of the Twin Canyon Gold Project is much larger than what was originally identified. It’s an old family-run gold mine… so there’s definitely gold there. A permit is now being applied for so that a future JV partner can quickly come in and find out just how much. 

Alianza is also allied with Cloudbreak Discovery and Allied Copper on the identification, acquisition, and advancement of early-stage copper opportunities in the western United States.

In Q1 2022, Alianza and Cloudbreak successfully optioned the underexplored, early-stage Klondike and Stateline copper projects to Allied ahead of 2022 drilling. 

The Klondike property — which contains numerous historical copper occurrences — is situated in southwestern Colorado in the Paradox Copper Belt. Recent sampling at the Northeast Fault returned 1.56% copper over a 4.6-meter chip sample. Drill targets are currently being delineated at multiple locations of the property. 

Also situated in the Paradox Copper Belt, the Stateline project has yielded historical assay results up to 1.6% copper through surface sampling. A detailed geological mapping, surface sampling, and geophysics program is underway to define drill targets for the upcoming program. 

Finally, Alianza is seeking JV partners to advance its drill-ready Yanac Copper Project in Peru and its newly-permitted KRL Gold Project in British Columbia’s prolific Golden Triangle.

So… many, many shots-on-goal in a rising commodities market for silver-copper-gold… and all at a price tag below US$0.10 per share. 

The mining sector at-large is about to find out just how much forgotten silver the Yukon still holds. We believe it’s well worth taking a close look at Alianza Minerals before that secret is revealed.

A great place to start is the company’s corporate website where you can sign-up to receive timely updates and press releases by entering your email and clicking “Subscribe now” at the bottom of the homepage. 

Alianza Minerals Ltd. trades on the Toronto Venture Exchange under the symbol ANZ and on the US OTC Bulletin Board Exchange under the symbol TARSF. 


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