Business
Alianza Minerals Flow-Through Private Placement is Fully Subscribed
(TheNewswire) Vancouver, BC – TheNewswire - June 9 , 2...
About this update from Silver North Resources Ltd.
[{"type":"text","content":"Alianza Minerals Flow-Through Private Placement is Fully Subscribed\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Vancouver, BC –\n \n \n TheNewswire -\n \n \n June 9\n \n \n \n \n , 2021 - Alianza\nMinerals Ltd.\n \n (\n \n TSXV:ANZ\n \n \n )\n \n \n (\n \n \n OTC:TARSF\n \n ) (“\n \n Alianza”\n \n or the\n \n “Company”\n \n )\nis pleased to announce the non-brokered private placement of 10\nmillion Flow-Through Shares of the Company at a price of $0.12 per\nflow-through share for gross proceeds to the Company of up to $1.2\nmillion (the “\n \n Offering\n \n ”)\nis fully subscribed and will close shortly.\n \n \n The net proceeds from the sale of Flow-Through Shares shall be used to\nincrease the size of the Company’s Haldane Silver Project drill\nprogram in the Keno Hill District, Yukon. Drilling commenced on the\nHaldane Silver Project in May, and the third hole is underway\ntargeting the West Fault area, expanding recently discovered\nhigh-grade silver mineralization (including 4.48 metres averaging 444\ng/t silver, 0.15 g/t gold, 1.5% Pb and 1.3% Zn), very similar to other\nsilver deposits in the Keno Hill area.\n \n \n The closing of the Offering is expected to occur on or about June 14,\n2021 and is subject to receipt of all necessary regulatory approvals\nincluding the TSX Venture Exchange (the “TSX-V”).\n \n \n Jason Weber, P.Geo., President and CEO of Alianza commented, “We are\nvery pleased with the support from our shareholders, giving us the\nability to expand the current program in a year where drill\navailability in the Yukon is very limited.”\n \n \n \n About Alianza Minerals Ltd.\n \n \n \n Alianza employs a hybrid business model of joint venture funding and\nself-funded projects to maximize opportunity for exploration success.\nThe Company currently has gold, silver and base metal projects in\nYukon Territory, British Columbia, Colorado, Nevada and Peru. Alianza\ncurrently has one project (Tim, Yukon Territory) optioned out to Coeur\nMining, Inc. and is actively seeking partners on other projects.\n \n \n The Company is listed on the TSX Venture Exchange under the symbol\n“ANZ” and trades on the OTCQB market in the US under the symbol\n“TARSF”.\n \n \n Mr. Jason Weber, P.Geo., President and CEO of A...