(TheNewswire)
Vancouver, BC – TheNewswire - September 13, 2022 - Alianza Minerals Ltd.(“Alianza”) (TSXV:ANZ ) , ( OTC:TARSF) ispleased to announce that crews have commenced exploration work at the100% owned Haldane Silver Project in the historic Keno Hill Districtin Yukon Territory. This first phase program will consist of mapping,prospecting and trenching of targets in preparation for drill testing.The 8,579 hectare Haldane project is located in the western portion ofthe Keno Hill silver district, 25 kilometres west of Keno City, Yukon. Exploration at Haldane is investigating the extensions of historicalhigh-grade silver production on the property as well as recentlydefined targets, such as the West Fault where Alianza is outlining high-grade silver mineralization which recently returned 3.14 m(true width) averaging 1,351 g/t silver, 2.43% lead and 2.91% zinc indrilling.
“Our recent success with the discoveries of newsilver-bearing vein mineralization at new targets such as Bighorn andWest Fault compels us to examine other high-priority targets toprepare them for drilling,” stated Rob Duncan, M.Sc., VicePresident, Exploration for Alianza. “This same approach led to thediscovery of silver-bearing vein mineralization at Bighorn in 2019 inour first drill hole testing a soil geochemical anomaly, yielding fournew mineralized veins. We believe there are more Bighorns to befound.”
The current program will investigate four areas with potential fortraditional “Keno-style” carbonate-silver-bearing sulphide veinmineralization in the Basal Quartzite member of the Keno HillQuartzite formation, as seen at the Middlecoff and West Fault zones atHaldane and similar to that which comprises ore at the nearby KenoHill mine and surrounding deposits recently purchased by Hecla Mining.Targets may also be prospective for gold mineralization in theSourdough member of the Keno Hill Quartzite formation, which sitsstratigraphically above the Basal Quartzite member. Other explorers inthe district such as Banyan Gold have recently been successful inidentifying gold deposits within this unit.
Four areas are targeted for prospecting, mapping and trenching in thecurrent program:
1) Sundown - a large gold – arsenic soil geochemical anomaly withsome silver and antimony within Sourdough member.
2) Bighorn Anomaly – Exploration will focus on the upper margins ofthis 900 metre long silver-lead anomaly over its entire width tooptimize the location of a follow up drill hole to expand on the 2.35m of 125.7 g/t silver, 4.39% lead and 0.09% zinc intersection from2019 drilling.
3) Bighorn East – Field crews will investigate a soil anomaly (andanomalous spotty soil anomalies) between Bighorn East and theMiddlecoff area.
4) Ross - West anomaly - Ross West is 1,800 m west of the originalRoss soil geochemical anomaly (originally tested in 2019 withoutintersecting an explanation for the soil anomaly), located on theHaldane access road. Crews have defined a more cohesive anomaly thanRoss, measuring 400 m x 300 m and consisting of Sb-Au-As-Bi withinSourdough member rocks.
About the Haldane Property
The Haldane Property is located in the western portion of the KenoHill silver district, approximately 25 km west of Keno City.Exploration is targeting high grade silver mineralization similar tothat which comprises ore elsewhere in the district, and in particular,at the Keno Mine deposits owned by Hecla Mining. Silver mineralizationwas originally identified in the early 1900s at Haldane, with highgrade silver production reported in the 1915-1930 timeframe. Alianzahas made two significant new vein discoveries, most notably, the WestFault where high grade silver vein mineralization has been identifiedover an area of 100 by 90 metres in drilling. Additional earlier stagetargets also exist on the property with the potential for silver andgold mineralization.
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 currently has gold, silver and basemetal projects in Yukon Territory, British Columbia, Colorado, Nevadaand Peru. Alianza has one project (Tim, Yukon Territory) optioned outto Coeur Mining, Inc. and is actively seeking partners on otherprojects.
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
Renmark Financial Communications Inc.
Scott Logan
slogan@renmarkfinancial.com
Tel: (416) 644-2020 or (212) 812-7680
To learn more visit: www.alianzaminerals.com
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