Alianza Minerals Commences Nevada Gold Exploration Programs
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
May 1, 2019 NR 19-02
Alianza Minerals Commences Nevada Gold Exploration Programs
Exploration planned on three properties in 2019 with partner Hochschild
Mining
Horsethief and Bellview programs underway, BP to start in early summer
Alianza Minerals Ltd. (TSX-V: ANZ) (“Alianza” or the “Company”) reports that field work has started
on two of the three properties recently optioned to Hochschild Mining (US), Inc, a subsidiary of
Hochschild Mining PLC (“Hochschild”, LSE:HOC). A magnetics survey has commenced at the Bellview
property located in the southern extension of the Carlin Trend , 13 km north of the Bald Mountain Mine .
At the Horsethief property located 26 km east of Pioche, NV, a detailed mapping program to refine drill
targets shortly. Work at BP will start in late May or early June. Hochschild is funding this work under a
commitment to fund a minimum of US$700,000 amongst the three properties. Hochschild can earn a
60% interest in each property by making exploration expenditures (a) over 4.5 years totalling US$2.5
million at BP and totalling US$3.5 million at Bellview and (b) over 5.5 years totaling US$5 million at
Horsethief. Alianza is the operator of the exploration programs.
“We are pleased to be active in the field and advancing these projects ” stated Jason Weber, P.Geo,
president and CEO of Alianza. “ For the sake of efficiency and timing for follow -up drill programs, field
crews are starting at Horsethief and Bellview. It is expected that the crews will finish up at Horsethief in
late May or early June and move to BP for a mapping and sampling progra m. During this time results
can be compiled and targets prioritized at Horsethief for a subsequent drill program.”
For more commentary from Jason Weber view the video here:
https://www.youtube.com/watch?v=irmS_nSmDF0
Horsethief Gold Project, NV
Exploration at Horsethief is targeting sediment -hosted gold mineralization in a window of Cambrian
carbonate rocks overlain by volcanic flows and pyroclastics. Work by prior operators included mapping
and sampling hematite-rich jasperoid breccia outcrops and shallow drilling . Historic drilling, generally
100 metres or less in depth, returned multiple intervals of gold mineralization including 13.7 metres
averaging 1.2 g/t gold and 39.6 m etres averaging 0.79 g/t gold with four holes terminating in
mineralization. Subsequent geophysical surveys (Induced Polarization chargeability and resistivity)
indicate that stratigraphy and potentially mineralized targets dip to the east under the volcanic cover
and below the extent of prior drilling.
The current program includes mapping and geochemical sampling to refine targets for subsequent
drilling. This work will focus on mapping alteration, structure and stratigraphy to focus drill targeting
based on potential fluid conduits in prospective rock units in the stratigraphy. Management is also
contemplating reprocessing magnetic, Induced Polarization (IP) and resistivity data collected by a
previous operator to aid in drill targeting.
6212913 v2
Bellview Gold Project, NV
The Bellview property is located in White Pine County, 85 km south of Elko, Nevada and 13 km north of
the Bald Mountain Gold Mine on the southern extension of the Carlin Trend. Bellview features a
geological setting prospective for sediment-hosted gold mineral ization. Work by a previous operator
identified stratigraphic targets similar to the geologic setting observed at Bald Mountain. Targets are
primarily defined by gold-in-soil geochemical anomalies and gold-bearing silicified jasperoid breccias in
stratigraphy recognized regionally and at the Bald Mountain Mine to host gold mineralization.
A magnetics survey is underway to identify important structural features that may represent gold -
bearing fluid conduits and determine if any buried intrusive bodies are associated with alteration and
mineralization on the property. The survey will assist in targeting future drill programs.
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.
The Company has 60.3 million shares issued and outstanding and is listed on the TSX Venture
Exchange (TSX-V: ANZ).
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
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.