Haldane Silver Project Trenching Outlines 1.4 km of Strike length potential at Bighorn Target, Keno Hill District, Yukon
Trading Symbol (TSX-V: ANZ, OTCQB: TARSF)
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Vancouver, British Columbia
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Tel: (604) 687 3520
Fax: 1-888-889-4874
www.alianzaminerals.com
NR 22-17
Haldane Silver Project Trenching Outlines 1.4 km of Strike length potential at
Bighorn Target, Keno Hill District, Yukon
Vancouver, BC, December 14, 2022 - Alianza Minerals Ltd. (“Alianza”) (TSX-V:
ANZ, OTCQB: TARSF) is pleased to announce that crews have completed exploration
work at the 100% owned Haldane Silver Project in the historic Keno Hill District in
Yukon Territory. The program was successful in extending the strike length of the BT
structure at the Bighorn Target to 525 metres in length, with at least 1,400 metres of
potential strike length exposure within prospective Basal Quartzite unit rocks. This
program upgrades this target in terms of drilling priority for 2023. The 8,579 hectare
Haldane project is located in the western portion of the Keno Hill silver district, 25
kilometres west of Keno City, Yukon. Exploration at Haldane is investigating the
extensions of historical high-grade silver production on the property as well as recently
defined targets, such as the West Fault where Alianza is outlining high-grade silver
mineralization which recently returned 3.14 m (true width) averaging 1,351 g/t silver,
2.43% lead and 2.91% zinc in drilling.
“The BT structure at Bighorn now rivals other priority targets such as West Fault and
Middlecoff in observed and potential strike length,” stated Rob Duncan, M.Sc., Vice
President, Exploration for Alianza. “The presence of silver-lead mineralization in the first
and only drill hole at Bighorn in 2019 is very encouraging and indicates there is a strong
possibility of this structure being a significant host to silver mineralization.”
Four target areas were investigated in the 2022 program, Bighorn, Sundown, Bighorn
East and Ross West. Field work at Bighorn targeted the extension of known
mineralization identified in surface trenches and diamond drilling in 2019. This hole
(HLD19-15) was the first test within a 900 metre long silver-lead soil geochemical
anomaly, intersecting four separate structures in drilling, with one yielding 2.35 m of
125.7 g/t silver and 4.39% lead. Trench BHU3 intersected faulted quartzites and schists
of the Basal Quartzite Member of the Keno Hill Formation approximately 250 m south of
HLD19-15. No sulphides remain, but sampled oxide mineralization from a 2 m chip
sample returned 32.7 g/t silver. This structure, now termed the BT structure, has been
identified in drilling and in surface trenching over 525 metres of strike length with
at least 1,400 metres of strike potential in the favourable Basal Quartzite Member
host rocks. Importantly, further potential to expand the BT structure strike exists where
the fault continues within the Basal Quartzite under cover of the overlying Sourdough
Member. In light of these encouraging results, Alianza has elevated the Bighorn target
as a priority for drill testing in 2023, along with the West Fault.
Crews were unable to identify the source of anomalous soil geochemical results, largely
due to the depth of overburden and a lack of outcrop at the Sundown and Ross West
target areas. At Bighorn East intrusive sills and dykes identified in the area were not
precious metals bearing.
About the Haldane Property
The Haldane Property is located in the western portion of the Keno Hill silver district,
approximately 25 km west of Keno City. Exploration is targeting high grade silver
mineralization similar to that which comprises ore elsewhere in the district, and in
particular, at the Keno Mine deposits owned by Hecla Mining. Silver mineralization was
originally identified in the early 1900s at Haldane, with high grade silver production
reported in the 1915-1930 timeframe. Alianza has made two significant new vein
discoveries, most notably, the West Fault where high grade silver vein mineralization
has been identified over an area of 100 by 90 metres in drilling. Additional earlier stage
targets also exist on the property with the potential for silver and gold mineralization.
About Alianza Minerals Ltd.
Alianza employs a discovery-focused 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,
Colorado, Nevada and Peru. Alianza has one project (Tim, Yukon Territory) optioned
out to Coeur Mining, Inc. and two optioned to Allied Copper within an alliance with
Cloudbreak Discovery PLC. Alianza is actively seeking partners on other projects.
Alianza also holds certain royalties on projects in North and South America.
Alianza is listed on the TSX Venture Exchange under the symbol “ANZ” and trades on
the OTCQB 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) 807-7217
Fax: (888) 889-4874
To learn more visit: www.alianzaminerals.com
Twitter: https://twitter.com/AlianzaMinerals
LinkedIn: https://www.linkedin.com/company/alianza-minerals-ltd
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