(TheNewswire)
Vancouver, BC - TheNewswire - March 23, 2023 - Alianza Minerals Ltd. (“Alianza”) (TSX-V:ANZ ) ( OTC:TARSF) ispleased to announce that it has sold project data associated with theLa Estrella Project in Peru to Highlander Silver Corp.(“Highlander”).
Under the terms of the data purchase agreement, Alianza has sold theLa Estrella project data base including diamond drill core, assayresults and laboratory certificates to Highlander in considerationfor the payment of CAD$15,000 and the issuance of 75,000 common sharesof Highlander.
“It is nice for Alianza to be able to realize value for the LaEstrella project data base, and we are happy to be able to aidHighlander in their exploration efforts at La Estrella by providingthem with this data. We wish them luck in the upcoming explorationseason.” stated Jason Weber, President and CEO of Alianza.
Alianza continues to hold a 1.08% Net Smelter Royalty on the Pucaranaproject adjoining the Orcopampa (Chipmo) Gold Mine in Central Peru.Compania de Minas Buenaventura has produced over 4.8 million ounces ofgold at this operation since production started in 1967. Currentdevelopment is trending towards Pucarana, and management believes thatmineralization may continue onto the Pucarana property.
About Alianza Minerals Ltd.
Alianza employs a discovery-focused business model of joint venturefunding and self-funded projects to maximize opportunity forexploration success. The Company’s primary asset is the Haldanesilver project and also currently has gold, silver and base metalprojects in Yukon Territory, Colorado, Nevada and Peru. Alianza hasone project (Tim, Yukon Territory) optioned out to Coeur Mining, Inc.and one optioned to Allied Copper within an alliance with CloudbreakDiscovery PLC. Alianza is actively seeking partners on other projects.Alianza also holds certain royalties on projects in North and SouthAmerica.
Alianza is listed on the TSX Venture Exchange under the symbol“ANZ” and trades on the OTCQB market in the US under the symbol“TARSF”.
Mr. Jason Weber, P.Geo., President and CEO of Alianza Minerals Ltd. isa Qualified Person as defined by National Instrument 43-101. Mr. Webersupervised the preparation of the technical information contained inthis release.
For further information,contact:
Jason Weber, President and CEO
Sandrine Lam, Shareholder Communications
Tel: (604) 807-7217
Fax: (888) 889-4874
To learn more visit: www.alianzaminerals.com
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NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATIONSERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXVENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACYOF THIS RELEASE. STATEMENTS IN THIS NEWS RELEASE, OTHER THAN PURELYHISTORICAL INFORMATION, INCLUDING STATEMENTS RELATING TO THE COMPANY'SFUTURE PLANS AND OBJECTIVES OR EXPECTED RESULTS, MAY INCLUDEFORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS ARE BASED ONNUMEROUS ASSUMPTIONS AND ARE SUBJECT TO ALL OF THE RISKS ANDUNCERTAINTIES INHERENT IN RESOURCE EXPLORATION AND DEVELOPMENT. AS ARESULT, ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THEFORWARD-LOOKING STATEMENTS.
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