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Alianza Minerals confirms new silver-bearing veins in drilling at Bighorn Zone, Haldane Silver Property, YT
VANCOUVER, British Columbia, Oct. 22, 2019 (GLOBE NEWSWIRE) -- Alianza Minerals Ltd. (TSX-V: ANZ) (“Alianza” or the “Company”) reports drilling at the Haldane S
About this update from Silver North Resources Ltd.
[{"type":"text","content":" VANCOUVER, British Columbia, Oct. 22, 2019 (GLOBE NEWSWIRE) -- Alianza Minerals Ltd. (TSX-V: ANZ) (“Alianza” or the “Company”) reports drilling at the Haldane Silver Property has confirmed the presence of new silver-bearing vein targets at the Bighorn Zone. The first two holes of the program tested the Ross and Bighorn soil geochemical anomalies, neither of which has been previously tested by drilling. Highlights of the first hole at the Bighorn Anomaly include 125 g/t Ag and 4.4% Pb over 2.35 metres from 154.15 metres depth. Additional assay results are pending for the two additional holes drilled at the Mt. Haldane Vein System (MHVS) area and will be reported next. The Haldane high-grade silver target is located in the historic Keno Hill Mining District of Yukon Territory. The 8,579 hectare property is located 25 km west of Keno City, YT in the western portion of the district. The 2019 Phase II program targeted three main areas: the newly identified Bighorn and Ross anomalies, and the Mt. Haldane Vein System (MHVS). One hole was completed at each of the Ross and Bighorn anomalies, with two holes targeting the A and B veins of the Middlecoff Zone in the Mt. Haldane Vein System target area. A total of 963 metres were cored in four holes. The Bighorn result comes from the widest of four vein-structures intersected. This structure was cut from 150 to 159 m, and includes the 2.35 m averaging 125 g/t Ag and 4.4% Pb from 154.15 metres depth within a wider 6.60 m intersection that returned 50.1 g/t Ag and 1.85% Pb from 151.7 m. One hole at the Ross anomaly intersected zones of anomalous veining and disseminated mineralization in rocks overlying the prospective lower Keno Hill quartzite unit. It is believed that these are the manifestation of the target structures and that they may form cohesive veins at depth in the permissive units. Jason Weber, P.Geo., President and CEO of Alianza noted that, “The first-ever drill hole at the Bighorn Zone, almost three kilometres from known mineralization, successfully intersected at least 4 mineralized structures confirming a new zone for systematic follow-up drilling. The Ross hole, which also tested a new area, returned only anomalous lead and silver values, but appears to have intersected weak structures that may be conducive to forming veins in the more brittle Lower Keno Hill Quartzite that l...