Alianza Signs Option Agreement with Coeur to explore the Tim High-Grade Silver-Lead-Zinc Property, Yukon
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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
January 27, 2020 NR 20-02
Alianza Signs Option Agreement with Coeur to explore the Tim High-Grade
Silver-Lead-Zinc Property, Yukon
High-grade silver mineralization in historic trenches
Detailed mapping, trenching and soils program for 2020
Tim Project is 12 kilometers from Coeur’s Silvertip Mine
Alianza Minerals Ltd. (TSX-V: ANZ, OTC: TARSF) (“Alianza” or the “Company”) has signed the Option
Agreement relating to a Letter of Intent with a wholly owned subsidiary of Coeur Mining, Inc. (NYSE:CDE)
(“Coeur”), to explore the road-accessible Tim Property (“Tim” or the “Property”) in the southern Yukon Territory.
Exploration at Tim is targeting high-grade silver-lead mineralization similar to that being mined by Coeur at its
Silvertip operation, located 12 kilometers south of the Property.
Coeur can earn an 80% interest in the Property by (i) funding $3.55 million in exploration over five years and (ii)
making scheduled cash payments totalling $575,000 over eight years. Coeur must also fund a feasibility study
and notify Alianza of its intention to develop a commercial mine on the property on or before the 8th anniversary
from the date of notification of the class 1 exploration permit.
“We are very pleased to have partnered with Coeur to advance the Tim Silver Property,” stated Jason Weber,
President and CEO of Alianza Minerals. “Tim looks to be a Silvertip analog, and the Coeur team is an obvious
choice to move the project forward. It will be a great advantage to have Coeur’s geological expertise applied to
the project.”
The 2020 exploration program at Tim is expected to target high-grade silver-lead-zinc Carbonate Replacement
Mineralization (“CRM”), similar to that found at Coeur’s Silvertip operation. Coeur’s tentative exploration plans are
in-line with those recently announced by Alianza, and will consist of detailed mapping, soil geochemical surveys
and reopening old trenches, which date back to 1988.
Tim Property – History
In 2013, Alianza completed a focused work program and re-evaluated a historical zone of silver-lead rich
Carbonate Replacement Mineralization (CRM) originally exposed by mechanized trenching in 1988. Historical
chip sampling across the zone returned 352 g/t silver and 9.12% lead across 4.00 m etres. In addition to this
exposure, similar mineralization was also reported in adjacent trenches 180 and 250 m etres on either side of the
central trench. This zone has never been tested with drilling. Alianza resampled the central trench in 2013,
returning 3.7 metres assaying 365 g/t silver and 7.5% lead from a channel sample.
About Alianza Minerals Ltd.
Alianza employs an exploration 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. Al ianza 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 82.4 million shares issued and outstandi ng 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.
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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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