Drilling Resumes at Alianza’s Horsethief Gold Property, Nevada
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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
July 17, 2020 NR 20-11
Drilling Resumes at Alianza’s Horsethief Gold Property, Nevada
Vancouver, B.C., July 17, 2020 - Alianza Minerals Ltd. (TSX-V: ANZ, OTC: TARSF) (“Alianza” or
the “Company”) reports that crews have returned to site for completion of the 2020 reverse-circulation
(“RC”) drilling program at the Horsethief Gold Property, Nevada. This work is funded by partner
Hochschild Mining (US), a subsidiary of Hochschild Mining PLC (“Hochschild”, LSE:HOC) under an
option to earn a 60% interest in the project by funding exploration expenditures of US$5 million over 5.5
years. Drilling is underway at pad RC-10, the seventh hole of the program.
Six holes have been completed to date, totalling 1,770 metres (5,805 feet) of drilling. Analytical results
from the initial holes of the 2020 program have yet to be received and are expected soon. Results will
be released once the QA/QC process and integration into the project database are complete.
A map of the drill hole collar locations is shown below.
Horsethief is located 16 miles (25 km) east of the historic mining town of Pioche, NV. The current
Notice of Intent (“NOI”), approved by the United States Bureau of Land Management (“BLM”), allows for
up to 3,000 metres of drilling in ten holes.
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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 claims were staked to cover this occurrence as well as prospective stratigraphy
identified in the southern portion of the property.
Horsethief hosts five primary drill targets; four target areas defined by surface exposures of altered
carbonate rocks and one 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 curr ently has gold, silver and base metal projects in
Yukon Territory, British Columbia, Nevada, Colorado 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 106.1 million shares issued and outstanding 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
www.alianzaminerals.com
Renmark Financial Communications Inc.
Melanie Barbeau
Tel: (416) 644-2020 or (514) 939-3989
www.renmarkfinancial.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
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THIS NEWS RELEASE, OTHER THAN 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 ARE BASED ON NUMER OUS 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.