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Alianza announces results from Phase I Haldane Silver Property

Corporate Updates

6212913 v2

Trading Symbol (TSX-V: ANZ)

410-325 Howe Street

Vancouver, British Columbia

Canada V6C 1Z7

Tel: (604) 687 3520

Fax: 1-888-889-4874

www.alianzaminerals.com

August 8, 2019 NR 19-12

Alianza announces results from Phase I Haldane Silver Property

work program and Phase II drilling startup

 Bighorn anomaly expanded to now cover over 900 m of potential vein

strike length.

 Drilling scheduled to start mid-August.

Alianza Minerals Ltd. (TSX-V: ANZ) (“Alianza” or the “Company”) reports results of Phase I of the

2019 field program and the scheduled start of Phase II drilling at the Haldane Property, a high -grade

silver target in the historic Keno Hill Mining District of Yukon Territory.

Phase I of the program consist ed of soil geochemical sampling, mapping and trenching designed to

refine targets for drilling which will commence in the second week of August. The 8,579 hectare

Haldane Property is located 25 km west of Keno City, YT in the western portion of the Keno Hill Silver

District.

“New targets generated during the 2018 field program remain as priority targets for drilling in our phase

II program,” stated Jason Weber, P.Geo, president and CEO of Alianza. “ The Phase II program is the

first drill test of these new targets and their potential to host high -grade silver veins as seen elsewhere

in the Keno District.”

The 2019 Phase I program targeted three main areas: the newly identified Bighorn and Ross anomalies

and the Mt Haldane Vein System (MHVS). Trenching was completed at the Bighorn and MHVS areas,

with four trenches totaling 213 metres excavated. Mineralized faults mapped at the Bighorn target were

strongly weathered at surface but returned anomalous lead and silver values. Continuous chip samples

in trench BH02 returned 0.25% lead and 9.6 g/t silver over 10.9 metres, which included fault and

heavily fractured and oxidi zed host rocks. Similar anomalous results were returned from trench BH01,

60 metres south. Significantly, soil geochemical results from the current program collected 300 metres

south of BH01 on strike from the trenches returned 63 g/t silver and greater th an 1% lead, suggesting

high grade mineralization may be present. The series of parallel north -south structures that have been

mapped coincident with the Bighorn geochemical anomaly (now 900 m long and 120 -150 m wide) may

be better tested by drilling.

The Phase II program is scheduled to commence in the second week of August with drill mobilization

occurring on or about August 14th. The initial holes will target the Ross and Bighorn anomalies, followed

by drilling at the Middlecoff Zone at the Mount Haldane Vein System to target the modelled plunge of

high-grade shoots in historic workings. Approximately 1,300 metres of drilling is planned in as many as

eight holes.

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Options Granted

Alianza has granted 2, 015,000 stock options to its Directors, Officers, Employees and Consultants

exercisable at $0.10 per option for a period of five years.

About Alianza Minerals Ltd.

Alianza employs a hybrid business model of joint venture funding and self -funded projects to maximize

opportunity for exploration success. The Company currently has gold, silver and base metal projects in

Yukon Territory, British Columbia, Nevada and Peru. Alianza currently has four projects optioned out in

Nevada and Yukon Territory, and is actively exploring on two others. Alianza’s current partners include

Hochschild Mining PLC and Coeur Mining, Inc.

The Company has 81.2 million shares issued and outs tanding and is listed on the TSX Venture

Exchange under the symbol “ANZ” and trades on the OTC market in the US under the symbol TARSF.

Mr. Jason Weber, P.Geo., President and CEO of Alianza Minerals Ltd. is a Qualified Person as defined

by National Instrument 43 -101. Mr. Weber supervised the preparation of the technical information

contained in this release.

For further information, contact:

Jason Weber, President and CEO

Sandrine Lam, Shareholder Communications

Tel: (604) 687-3520

Fax: (888) 889-4874

Renmark Financial Communications Inc.

Melanie Barbeau:

[email protected]

Tel: (416) 644-2020 or (514) 939-3989

www.renmarkfinancial.com

To learn more visit: www.alianzaminerals.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM

IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE

ADEQUACY OR ACCURACY OF THIS RELEASE. STATEMENTS IN THIS N EWS RELEASE, OTHER T HAN

PURELY HISTORICAL INFORMATION, INCLUDING STATEMENTS RELATING TO THE COMPANY'S FUTURE

PLANS AND OBJECTIVES OR EXPECTED RESULTS, MAY INCLUDE FORWARD -LOOKING STATEMENTS.

FORWARD-LOOKING STATEMENTS A RE BASED ON NUMEROUS ASSUMPTIONS AND ARE SUBJECT TO

ALL OF THE RISKS AND UNCERTAINTIES INHERENT IN RESOURCE EXPLORATION AND DEVELOPMENT.

AS A RESULT, ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD-

LOOKING STATEMENTS.