Alianza Completes Exploration Program at Haldane Silver Project, Keno District, Yukon 1,195 soil and 55 rock samples taken Analytical results pending
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 2, 2018 NR18-11
Alianza Completes Exploration Program at Haldane Silver Project, Keno District,
Yukon
1,195 soil and 55 rock samples taken
Analytical results pending
Vancouver B.C. – August 2, 2018 - Alianza Minerals Ltd. (TSXV:ANZ) (“Alianza” or
the “Company”) reports that the field program at the Haldane Silver Property
announced June 27, 2018 has now been completed. This was a wide-ranging program
of mapping, prospecting and soil sampling that covered areas of the property that had
not been surveyed since the 1960’s. A total of 1,195 soil and 55 rock samples were
collected during the program. The 8,579-hectare Haldane property is located 30 km
north of Mayo, YT, in the historic Keno Hill Silver District.
“The recently completed program at Haldane was largely focussed on investigating the
under-explored areas of the property where potential for new mineralization or
extensions of the known vein structures may exist, particularly under cover,” stated
Jason Weber, P.Geo., President and CEO of Alianza. “The data collected in this
program will be important in refining our next set of drill targets for the property.”
2018 Exploration Program
This phase of exploration at Haldane included mapping, prospecting and soil sampling
peripheral to known mineralization at the Mt. Haldane Vein System (“MHVS”), covering
areas of the property that had not been explored in detail since at least the 1960’s.
Mapping and prospecting located alteration and mineralization associated with several
historical geochemical anomalies in the North Star Creek drainage, including galena-
siderite mineralization, an assemblage that is typical in the faults/veins of the Keno Hill
Mining district, two kilometres east of the MHVS at the Strebchuk Showing.
Trenching near the Johnson Adit (a component of MHVS) exposed a 15-metre wide
fault zone in a lengthened historic trench. Black gouge and breccia with local
concentrations of iron oxides and traces of galena were sampled. A second trench on
the Ross Ag-Pb-Zn soil anomaly, two kilometres south of the MHVS, did not reach
bedrock but did contain abundant quartzite and phyllitic quartzite float, rock units known
to host larger vein structures in the Keno Hill District. Soil samples were taken at 5 m
intervals along the 65-metre length of the trench and select rock samples of the float
material were collected as well.
A total of 1,195 soil samples (including 5% control samples), 13 silt samples and 55
rock samples were collected and sent for laboratory analysis. All sample results are
pending. Management expects the geochemical results to be finalized in August which
may allow for a follow up program in September. These results will assist in defining
and ranking drill targets.
Haldane Silver Property
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 where companies such as Alexco
Resource Corp. (TSX:AXR) and Metallic Minerals Corporation (TSXV:MMG) are
currently exploring. Notably, the access road to Victoria Gold Corp.’s (TSXV:VIT) Eagle
Gold Mine crosses the northern portion of the property. Mineralization in the district
consists of structurally-controlled, silver-bearing veins. Silver production began in the
Keno district in 1913, with over 200 million ounces of silver produced through 1989.
Production statistics from the Yukon government Minfile (2003) state that 4.87 million
tonnes were mined at an average grade of 1,389 g/t silver, 5.62% lead and 3.14% zinc
in that time.
Mineralization at Haldane consists of galena, sphalerite, tetrahedrite and pyrargyrite,
with gangue of manganiferous siderite and quartz in veins, hosted within Keno Hill
quartzite in proximity to the Robert Service Thrust. This mineralization and setting bears
a strong resemblance to the main Keno Hill deposits.
The north-trending Mt. Haldane Vein System (MHVS) is the main target area on the
property, where initial exploration dates back to 1918. Early workers hand sorted ore
from underground workings at the Middlecoff Zone in 1918-19, recovering a reported
24.7 tonnes of ore averaging 3,102 g/t silver and 59% lead. Later work at the Johnson
Zone recovered 2.1 tonnes of ore averaging 4,602 g/t silver and 57.9% lead in 1927.
Little work was done on the property until the 1960s when trenching and further
underground development and drilling was conducted. Recent work, including
prospecting, mapping, soil geochemistry and limited diamond drilling, has shown that
the MHVS veins have excellent potential for strike extension. Additional showings up to
three kilometres east of the MHVS shows the potential for other mineralized structures
on the property. Maps and figures for the Haldane property can be found on the
Company’s website www.alianzaminerals.com under the Properties section.
About Alianza Minerals Ltd.
Alianza increases the chances of success in mineral exploration by using the Prospect
Generator business model, focussing on gold and copper exploration in Latin America
and Nevada.
The Company has 45 million shares issued and outstanding and is listed on the TSX
Venture Exchange (TSX-V: ANZ). Mr. Murray Jones, MSc, P.Geo., of Equity
Exploration Consultants Ltd. is a Qualified Person as defined by National Instrument 43-
101. Mr. Jones 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
To learn more visit: www.alianzaminerals.com
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