Alianza Minerals Receives BLM Approval for Expanded Horsethief Drilling
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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
April 20, 2020 NR 20-06
Alianza Minerals Receives BLM Approval for Expanded Horsethief Drilling
Alianza Minerals Ltd. (TSX-V: ANZ, OTC: TARSF) (“Alianza” or the “Company”) reports that the Caliente,
Nevada Field Office of United States Bureau of Land Management for the Ely District, Nevada has
accepted the amended Notice of Intent (“NOI”) for the Company’s proposed reverse-circulation (“RC”)
drilling program at the Horsethief Gold Property, Nevada. Horsethief is located 16 miles (25 km) east of
the historic mining town of Pioche, NV. The current NOI was updated to reflect the expansion of the
program to 3000 metres in ten holes from the 1500 metres in the original NO I. The program will be
completed as soon as conditions allow . Alianza is committed to ensuring the safety of its employees,
contractors and subcontractors and is planning the program to include updated health and safety
procedures in the wake of the Covid- 19 pandemic. Management is confident that with these refined
health and safety protocols and adherence to local and regional governmental recommendations on
travel and conduct, the Horsethief RC drill program can be executed safely.
Hochschild Mining (US), a subsidiary of Hochschild Mining PLC ( “Hochschild”, LSE:HOC), is funding
the program under an option agreement to earn a 60% interest in the project by funding exploration
expenditures of US$5 million over 5.5 years.
“The acceptance of our amended NOI allows drilling to take place at Horsethief as soon as conditions
permit. With the expanded program we are better able to test the contact of Cambrian and Ordovician-
age stratigraphy at the five target areas identified to- date at Horsethief,” stated Jason Weber, P.Geo.,
President and CEO of Alianza. “This program will focus on the favourable stratigraphy at the Horsethief
North and South areas, where prior drilling was too shallow to test the contact. The Thoroughbred,
Mustang and Stallion targets will each be tested with at least one drill hole as well.”
Due to the uncertainty around the Covid -19 pandemic, a precise start date for the program cannot be
provided at this time, but all preparations have been made to start t he program as soon as crews are
safely able to access and work at the site. Nevada state and local government updates are being
monitored and recommendations incorporated into project timetables and health and safety protocol.
Horsethief Property
Drilling at Horsethief follows a very successful 2019 program that included detailed mapping focussed
on lithology, structure and alteration of the prospective limestone and dolostone stratigraphy exposed at
Horsethief. Significantly, based on lithological characteristics and fossil identification, this work
confidently assigned stratigraphic ages ranging from upper Cambrian to lower Ordovician. This is an
important age determination as it corresponds to the ages of rocks hosting other major deposits such
as the Long Canyon Gold Mine.
Additionally, the 2019 work program identified a new window of upper Cambrian to lower Ordovician-
aged carbonate stratigraphy with significant jasperoid alteration in the northeast portion of the property.
An additional 26 cl aims were staked to cover this occurrence as well as prospective stratigraphy
identified in the southern portion of the property.
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Horsethief hosts five primary drill targets; four target areas defined by surface exposures of altered
carbonate rocks and on e target at depth, interpreted from induced polarization (IP) and resistivity
geophysical surveys.
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 two 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 104 .4 million shares issued and outstanding and is listed on the TSX V enture
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
Tel: (416) 644-2020 or (514) 939-3989
www.renmarkfinancial.com
To learn more visit: www.alianzaminerals.com
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