6-K
Silver North Resources Ltd. (TARSF)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a-16 AND 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the Month of June 2021
File No. 000-55193
Alianza Minerals Ltd .
(Name of Registrant)
410 – 325 Howe Street Vancouver, British Columbia, Canada V6C 1Z7
(Address of principal executive offices)
Indicate by check mark whether the Registrant files or will file annual reports under cover of Form 20-F or Form 40-F FORM 20-F x FORM 40-F ¨
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Form 6-K to be signed on its behalf by the undersigned, thereunto duly authorized.
Alianza Minerals Ltd.
(Registrant)
| Dated: April 26, 2023 | By: /s / “ Winnie Wong”<br><br><br>Winnie Wong,<br><br><br>Chief Financial Officer |
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Exhibits:
99.1****News Release dated June 9, 2021
99.2****News Release dated June 15, 2021
99.3****News Release dated July 7, 2021
99.4****News Release dated July 12, 2021
99.5****News Release dated July 15, 2021
99.6****News Release dated July 28, 2021
99.7****News Release dated August 18, 2021
Alianza News Release
| Trading Symbol (TSX-V: ANZ)<br><br><br>410-325 Howe Street<br><br><br>Vancouver, British Columbia<br><br><br>Canada V6C 1Z7<br><br><br>Tel: (604) 687 3520<br><br><br>Fax: 1-888-889-4874<br><br><br>www.alianzaminerals.com |
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| NR 21-11 |
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Alianza Minerals Flow-Through Private Placement is Fully Subscribed
Vancouver, BC, June 9, 2021 - Alianza Minerals Ltd. (TSX-V: ANZ , OTCQB: TARSF) (“Alianza ” or the “Company”) is pleased to announce the non-brokered private placement of 10 million Flow-Through Shares of the Company at a price of $0.12 per flow-through share for gross proceeds to the Company of up to $1.2 million (the “Offering”) is fully subscribed and will close shortly.
The net proceeds from the sale of Flow-Through Shares shall be used to increase the size of the Company’s Haldane Silver Project drill program in the Keno Hill District, Yukon. Drilling commenced on the Haldane Silver Project in May, and the third hole is underway targeting the West Fault area, expanding recently discovered high-grade silver mineralization (including 4.48 metres averaging 444 g/t silver, 0.15 g/t gold, 1.5% Pb and 1.3% Zn), very similar to other silver deposits in the Keno Hill area.
The closing of the Offering is expected to occur on or about June 14, 2021 and is subject to receipt of all necessary regulatory approvals including the TSX Venture Exchange (the “TSX-V”).
Jason Weber, P.Geo., President and CEO of Alianza commented, “We are very pleased with the support from our shareholders, giving us the ability to expand the current program in a year where drill availability in the Yukon is very limited.”
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, Colorado, Nevada and Peru. Alianza currently has one project (Tim, Yukon Territory) optioned out to Coeur Mining, Inc. and is actively seeking partners on other projects.
The Company 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
Renmark Financial Communications Inc.
Melanie Barbeau
Tel: (416) 644-2020 or (514) 939-3989 www.renmarkfinancial.com
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 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 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. Alianza News Release
| Trading Symbol (TSX-V: ANZ)<br><br><br>410-325 Howe Street<br><br><br>Vancouver, British Columbia<br><br><br>Canada V6C 1Z7<br><br><br>Tel: (604) 687 3520<br><br><br>Fax: 1-888-889-4874<br><br><br>www.alianzaminerals.com |
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JOINT NEWS RELEASE
Imperial X and Alianza Minerals
Form Southern US Copper Exploration Alliance
Vancouver, BC, June 15, 2021 – Alianza Minerals Ltd. (TSX-V: ANZ, OTCQB: TARSF) (“Alianza”) and Imperial X PLC (LSE: CDL) (“Imperial X”) announce the two companies have struck a Strategic Alliance to explore for copper deposits in the United States. This alliance will focus on the identification, acquisition and advancement of copper projects in the states of Arizona, Colorado, New Mexico and Utah. Together, the two companies intend to identify new copper exploration opportunities to acquire and advance with the intent of finding a partner to further the projects.
Jason Weber, President and CEO of Alianza, noted that “We are looking forward to identifying a robust portfolio of copper projects with the Imperial X team. We started this process in 2020 and are excited to bring Imperial X’s expertise, together with our own, to take advantage of these opportunities.”
Kyler Hardy, President and CEO of Imperial X expressed his enthusiasm for working with the Alianza team, “Entering into this alliance will enhance our initial target evaluation and accelerate our ability to pursue opportunities throughout the region with enticing examples of mineralization to target. These are the types of relationships that have worked well for Imperial X in the past and follows in line with the objectives of Imperial X.”
Under the terms of the Alliance, either company can introduce projects to the Strategic Alliance. Projects accepted into the alliance will be held 50/50 but funding of the initial acquisition and any preliminary work programs will be funded 40% by the introducing partner and 60% by the other party. Project expenditures are determined by committee, consisting of two senior management personnel from each party. Alianza is the operator of alliance projects unless the Alliance steering committee determines that Imperial X would be a more suitable operator, on a case-by-case basis. The term of the Alliance is two years and can be extended for an additional two years.
Alianza and Imperial X expect to make project acquisitions for the Alliance and start exploring imminently.
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, Colorado, Nevada and Peru. Alianza currently has one project (Tim, Yukon Territory) optioned out to Coeur Mining, Inc. and a copper exploration alliance in the southern United States with Imperial X PLC, soon to change its name to Cloudbreak Discovery PLC. Alianza also is seeking partners on other projects. The Company is listed on the TSX Venture Exchange under the symbol “ANZ” and trades on the OTCQB market in the US under the symbol “TARSF”.
About Imperial X
Imperial X PLC, which will change its name to Cloudbreak Discovery PLC as soon as practicable, is a leading natural resource project generator, working across a wide array of mineral assets that are being developed and managed by an experienced team with a proven track record. Value accretion within the projects being developed by the Cloudbreak’s generative model enables a multi asset approach to investing. Diversification within the mining sector and amongst resource classes is key to withstanding the cycles of natural resource investing. For additional information please contact: Jason Weber, President and CEO
Sandrine Lam, Shareholder Communications
Tel: (604) 807-7217
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
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 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 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. Alianza News Release
| Trading Symbol (TSX-V: ANZ)<br><br><br>410-325 Howe Street<br><br><br>Vancouver, British Columbia<br><br><br>Canada V6C 1Z7<br><br><br>Tel: (604) 687 3520<br><br><br>Fax: 1-888-889-4874<br><br><br>www.alianzaminerals.com |
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| NR 21-15 |
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Alianza Minerals Receives 5 Year Exploration Permit for KRL Property
Vancouver, BC, July 7, 2021 - Alianza Minerals Ltd. (TSX-V: ANZ, OTCQB: TARSF) (“Alianza” or the “Company”) is pleased to report that the Company has received a Multi-Year Area-Based (MYAB) Mines Act Permit for exploration activities at the KRL Project from the British Columbia Ministry of Mines, Energy and Low Carbon Innovation. This Permit allows for activities including trenching and diamond drilling to be conducted at KRL, located in BC’s Golden Triangle, until July 5 2026. The property lies near the junction of McLymont Creek and the Iskut River, approximately 5 km from the McLymont Creek and Forrest Kerr power generation stations. Road access exists less than 2 km from the property boundary.
“We are actively seeking a partner to carry on with exploration at KRL and with this permit in hand, a new partner can be active, exploring high-grade gold veins on the project almost immediately,” stated Jason Weber, P.Geo., President and CEO of Alianza.
About the KRL Property
Alianza is actively seeking a partner to advance the KRL Property, in keeping with the Company’s business model. The KRL Property was acquired in late 2018 to investigate high grade gold-bearing quartz veins identified in the 1980s when a series of hand trenches were excavated to sample quartz veins 10 – 100 cm in width returning multiple >60 g/t gold results, including a high of 248.1 g/t gold from a 10 cm vein. At the time, at least 11 veins were identified over a 400 m by 600 m area. Subsequent work in 2019 identified a northeast trending fault-bounded corridor approximately 800 metres in length that encompasses the main KRL gold showing as well as other high-grade vein occurrences. The KRL Property sits within Tahltan Territory in BC’s prolific Golden Triangle.
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, Colorado, Nevada and Peru. Alianza currently has optioned the Tim Silver Project, Yukon Territory, to Coeur Mining, Inc. and has a copper exploration alliance in the southwestern United States with Cloudbreak Discovery PLC. Alianza is currently funding exploration drilling at the 100% owned Haldane Silver Project, Yukon Territory. Alianza is also seeking partners on other projects.
The Company 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
Renmark Financial Communications Inc.
Melanie Barbeau
Tel: (416) 644-2020 or (514) 939-3989
www.renmarkfinancial.com
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 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 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. Alianza News Release
| Trading Symbol (TSX-V: ANZ)<br><br><br>410-325 Howe Street<br><br><br>Vancouver, British Columbia<br><br><br>Canada V6C 1Z7<br><br><br>Tel: (604) 687 3520<br><br><br>Fax: 1-888-889-4874<br><br><br>www.alianzaminerals.com |
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| NR 21-15 |
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Alianza intersects 3,267 g/t silver over 1.26 metres estimated true width at Haldane, Keno Hill District, Yukon Territory
·Intersection within a 3.14 metre -wide breccia/fault/vein zone averaging 1,351 g/t silver
·West Fault target remains open in all directions
·Drilling at West Fault ongoing with only 150 metres of the 1,100 metre -long structure having been tested
Vancouver, BC, July 12, 2021 - Alianza Minerals Ltd. (TSX-V: ANZ , OTCQB: TARSF) (“Alianza ” or the “Company”) is pleased to report the first analytical results from the 2021 drilling campaign at the Company’s wholly-owned Haldane high-grade silver property located in the historic Keno Hill Mining District of Yukon Territory. Drilling has focused on the West Fault target where drill hole HLD21-24 intersected siderite-galena-sphalerite vein and breccia mineralization averaging 3,267 g/t silver, 5.80% lead and 7.02% zinc (3,720 g/t silver-equivalent**(2)****) over 2.1** metres (estimated true width of 1.26 metres ). This high-grade mineralization lies within a wider zone of siderite veining and brecciation, fault gouge with lesser galena and sphalerite which averaged 1,351 g/t silver, 2.43% lead and 2.91% zinc (1,542 g/t AgEq ) over 5.24 metres (estimated true width 3.14 metres ). The 8,579 hectare Haldane Property is located in the western portion of the Keno Hill Silver District, 25 kilometres west of Keno City, YT. Exploration at Haldane is targeting extensions of historical high-grade silver production on the property as well as recently defined targets, such as the West Fault, in new areas of the property.
“The result in HLD21-24 extends the high grade mineralization from HLD20-19 an additional 80 metres to the southwest and down dip,” stated Rob Duncan, VP Exploration for Alianza. “The high-grade nature of this intersection is indicative of the potential of this target and other targets at Haldane. We have only scratched the surface of the 1.1 km long West Fault structure.”
Table 1 –West Fault Target Drill Intercepts from HLD21-24
| Hole | Interval<br><br><br>(m) | Est True Width (m)****^(1)^ | Silver<br><br><br>(g/t) | Gold<br><br><br>(g/t) | Lead<br><br><br>(%) | Zinc<br><br><br>(%) | Silver Eq.^(2)^<br><br><br>(g/t) |
|---|---|---|---|---|---|---|---|
| HLD21-24 | 5.24^(3)^ | 3.14 | 1351 | 0.08 | 2.43 | 2.91 | 1542 |
| Including | 2.10 | 1.26 | 3267 | 0.11 | 5.80 | 7.02 | 3720 |
(1) True width of the vein and breccia mineralization is estimated to be 50-70% of the core length intersection. A value of 60% is used for the purposes of reporting.
(2) Silver-equivalent values are calculated assuming 100% recovery using the formula: ((20 * silver (g/t) / 31.1035) + (1650 * gold (g/t) / 31.1035) + (0.90 * 2204 * lead %/100) + (1.10 * 2204 * zinc %/100)) *(31.1035 / 20). Metal price assumptions are US$20/oz silver, US$1650/oz gold, US$0.90/lb lead and US$1.10/lb zinc.
(3) Core recovery is estimated at 70-75% with the exception of a 0.80 metre section where recovery was zero. A value of zero was assigned to silver, gold, lead and zinc for the section of zero core recovery for the purposes of composite interval calculations.
The West Fault structure in HLD21-24 was intersected over a 13 metre core length of fractured quartzite, fault gouge and brecciation. Mineralization is concentrated within a 2.1 metre section of massive siderite veining with approximately 10% galena and 10% sphalerite as cross cutting veins and masses. A few metres either side of the vein consists of fault gouge, highly fractured and brecciated quartzite with siderite veinlets with 1-2% sphalerite and trace disseminated galena. Recovery throughout the quoted intervals averages approximately 70-75% with the exception of an 80 centimetre interval above the 2.1 metre high grade section, where recovery was zero. Samples from three additional holes targeting the West Fault are in process at the laboratory. Drilling continues at the West Fault and is expected to continue through mid July. The West Fault structure is traced for over 650 metres and can be interpreted to extend to 1.1 kilometres in length before merging with the 2.2 kilometre-long Main Zone structure. Drill testing to date covers only a fraction of the West Fault target and the current program is systematically testing the structure in approximate 50 metre step-outs along strike and down dip. High grade silver mineralization has now been intersected in two holes that pierce the vein 80 metres apart. The West Fault is one of four high-priority silver-lead-zinc-bearing vein drill targets at Haldane.
Quality Assurance / Quality Control
All samples were analyzed by 33 element four acid digestion ICP-MS methods at ALS Canada Ltd. Sample preparation was completed in Whitehorse, Yukon and geochemical analyses were performed in Vancouver, British Columbia. Samples with over limit silver and gold were re-analyzed using a 30-gram fire assay fusion with a gravimetric finish. Over-limit lead and zinc samples were analyzed by four acid digestion and atomic absorption spectrometry. All results have passed the QA/QC screening by the lab Equity Exploration Consultants Ltd, of Vancouver, British Columbia is executing and managing the Haldane Project. Equity utilized a quality control and quality assurance protocol for the drill core sampling, including blank, duplicate, and standard reference samples.
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, Colorado, Nevada and Peru. Alianza currently has one project (Tim, Yukon Territory) optioned out to Coeur Mining, Inc. and a copper exploration alliance in the southwestern United States with Cloudbreak Discovery PLC. Alianza also is seeking partners on other projects.
The Company 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
Renmark Financial Communications Inc.
Melanie Barbeau
Tel: (416) 644-2020 or (514) 939-3989
www.renmarkfinancial.com
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 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 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. Alianza News Release
| Trading Symbol (TSX-V: ANZ)<br><br><br>410-325 Howe Street<br><br><br>Vancouver, British Columbia<br><br><br>Canada V6C 1Z7<br><br><br>Tel: (604) 687 3520<br><br><br>Fax: 1-888-889-4874<br><br><br>www.alianzaminerals.com |
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| NR 21-17 |
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Alianza Minerals and Cloudbreak Discovery Make First Acquisition Under Southwest US Copper Alliance with Klondike Project, Colorado
Vancouver, BC, July 15, 2021 – Alianza Minerals Ltd. (TSX-V: ANZ , OTCQB: TARSF ) (“ Alianza ”) and Cloudbreak Discovery PLC (LSE: CDL) (“ Cloudbreak ”) announce the acquisition of the first project generated from their newly formed Strategic Alliance (the “Alliance”). The Klondike Property, located in Colorado, consists of 72 Bureau of Land Management (BLM) claims and a State of Colorado Exploration Permit with an exclusive right to a State Lease.
This Alliance will focus on the identification, acquisition and advancement of copper projects in the southwestern US states of Arizona, Colorado, New Mexico and Utah. The two companies anticipate this to be the first of many projects and will continue to identify new copper exploration opportunities to acquire and advance with the intent of finding strong partners to move the projects forward.
Klondike Project Highlights:
Road accessible 843 hectare property covering Paradox basin sedimentary package in San Miguel County, Colorado
Favourable stratigraphy known to host sediment-hosted copper deposits in the emerging Paradox Copper Belt
No copper exploration since the 1960s in the area
Exploring for additional deposits similar to the operating Lisbon Valley Mine, 50 km to the northwest
Jason Weber, President and CEO of Alianza , noted that, “The Klondike property is the first example of the ideas generated out of this alliance and demonstrates the potential we see for additional, bona fide copper prospects in this under-explored region.”
Kyler Hardy, President and CEO of Cloudbreak , reflected on Klondike, stating, “We are very excited to investigate the high-grade potential demonstrated by the historical work. We know these rocks are prospective for copper mineralization as evidenced by other deposits in the belt and the active Lisbon Valley Copper Mine”.
About the Klondike Project
The Klondike project is located approximately 25 km south of Naturita, Colorado. This property lies within the Paradox Copper Belt, which includes the producing Lisbon Valley Copper Mine. There are numerous historical copper occurrences that have been identified throughout the district, however, many of these have not been explored using modern exploration techniques.
At Klondike, documented copper exploration ceased in the 1960s with subsequent exploration targeting uranium during the 1970s. Previous workers reported high-grade copper mineralization highlighted by results of 6.3% copper and 23.3 g/t silver in outcrop. In addition to its high-grade potential, disseminated copper-silver mineralization has been observed which may be amenable to modern open pit mining with Solvent Extraction Electro Winning (SXEW) processing similar to the Lisbon Valley Mine. Sedimentary-hosted copper deposits are an important contributor to world copper production, accounting for more than 20% of the world’s copper supply annually.
Figure 1. Klondike Property Location Map
Klondike is located at the southeast end of a gypsum salt anticline in a similar structural setting as Lisbon Valley. Copper mineralization occurs in bleached and altered, porous and permeable, sandstone units adjacent to small graben-bounding normal faults. Copper mineralization in outcrop includes malachite, azurite, chalcocite and black copper oxides.
Surface sampling of mineralized outcrops along the graben faults has yielded assay results up to 6.3% copper and 23.3 g/t silver. Eleven of 15 samples reported from a limited historical prospecting and mapping program returned assays ranging from 0.12 to 6.3% copper and below detection to 85.4 g/t silver. Additionally, disseminated copper-silver mineralization has also been identified in outcropping sandstones of Jurassic and Permian age. Both styles of mineralization will be investigated in upcoming work programs with the goal of refining drill targets in these units. Initial work will include detailed geological mapping, soil and rock sampling, and geophysics.
The project is road accessible year-round, traveling 2 km of gravel road from paved highway. The project is comprised of 72 mining claims managed by the BLM, in addition to an Exploration Permit with an exclusive right to a State Lease from the State of Colorado.
Under the terms of the Alliance, either company can introduce projects to the Strategic Alliance. Projects accepted into the alliance will be held 50/50 but funding of the initial acquisition and any preliminary work programs will be funded 40% by the introducing partner and 60% by the other party. Project expenditures are determined by committee, consisting of two senior management personnel from each party. Alianza is the operator of alliance projects unless the Alliance steering committee determines, on a case-by-case basis, that Cloudbreak would be a more suitable operator. The initial term of the Alliance is two years and may be extended for an additional two years.
Alianza and Cloudbreak expect to commence exploring on the property imminently.
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, Colorado, Nevada and Peru. Alianza currently has one project (Tim, Yukon Territory) optioned out to Coeur Mining, Inc. and a copper exploration alliance in the southwestern United States with Cloudbreak Discovery PLC. Alianza also is seeking partners on other projects. The Company 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.
About Cloudbreak Discovery PLC Cloudbreak Discovery PLC is a leading natural resource project generator, working across a wide array of mineral assets that are being developed and managed by an experienced team with a proven track record. Value accretionwithin the projects being developed by Cloudbreak’s generative model enables a multi-asset approach to investing. Diversification within the mining sector and amongst resource classes is key to withstanding the cycles of natural resource investing. For further information, contact:
Jason Weber, President and CEO
Sandrine Lam, Shareholder Communications
Tel: (604) 807-7217
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
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 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 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. Alianza News Release
| Trading Symbol (TSX-V: ANZ)<br><br><br>410-325 Howe Street<br><br><br>Vancouver, British Columbia<br><br><br>Canada V6C 1Z7<br><br><br>Tel: (604) 687 3520<br><br><br>Fax: 1-888-889-4874<br><br><br>www.alianzaminerals.com |
|---|
| NR 21-17 |
| --- |
Alianza Minerals Completes Drilling Campaign at Haldane, Keno Hill District, Yukon Territory
·Six holes completed at emerging West Fault Target
·Five holes completed to depth intersected breccia/fault/vein zone with siderite-galena-sphalerite mineralization
·West Fault target remains open in all directions, only 150 metres of the 1,100 metre -long structure having been drill tested
Vancouver, BC, July 28, 2021 - Alianza Minerals Ltd. (TSX-V: ANZ , OTCQB: TARSF) (“Alianza ” or the “Company”) reports that it has completed the 2021 drilling campaign at the Company’s wholly-owned Haldane high-grade silver property located in the historic Keno Hill Mining District of Yukon Territory. Drilling has focused on the West Fault target where the program’s first analytical results from drill hole HLD21-24 (reported in NR dated July 12, 2021) intersected an average of 3,267 g/t silver, 5.80% lead and 7.02% zinc (3,720 g/t silver-equivalent**(1)****) over 2.1** metres (estimated true width of 1.26 metres ) in siderite-galena-sphalerite vein and breccia mineralization within a wider zone of siderite veining and brecciation, fault gouge with lesser galena and sphalerite which averaged 1,351 g/t silver, 2.43% lead and 2.91% zinc (1,542 g/t AgEq ) over 5.24 metres (estimated true width 3.14 metres ). A total of six holes were drilled (1,576.4 metres) with five reaching target depth, intersecting the West Fault structure and associated splays. The 8,579 hectare Haldane Property is located in the western portion of the Keno Hill Silver District, 25 kilometres west of Keno City, YT. Exploration at Haldane is targeting extensions of historical high-grade silver production on the property as well as recently defined targets, such as the West Fault, in new areas of the property.
“We are very pleased with the 2021 campaign at the West Fault,” stated Jason Weber, P.Geo, President and CEO of Alianza. “We are encouraged that we have intersected West Fault vein mineralization in every hole that has reached target depth. We look forward to seeing what the remaining intersections grade in terms of silver, lead and zinc.”
Samples from the remaining drill holes targeting the West Fault are in process at the laboratory. It is expected that the complete results will be released in August. An updated drill plan and long section with the completed drilling can by found on the Company's website http://www.alianzaminerals.com under the Haldane Project section.
The West Fault structure is traced for over 650 metres and can be interpreted to extend to 1.1 kilometres in length before merging with the 2.2 kilometre-long Main Zone structure. Drill testing to date covers only a fraction of the West Fault target and the current program is systematically testing the structure in approximate 50 metre step-outs along strike and down dip. High grade silver mineralization has now been intersected in two holes that pierce the vein 80 metres apart. The West Fault is one of four high-priority silver-lead-zinc-bearing vein drill targets at Haldane.
(1) Silver-equivalent values are calculated assuming 100% recovery using the formula: ((20 * silver (g/t) / 31.1035) + (1650 * gold (g/t) / 31.1035) + (0.90 * 2204 * lead %/100) + (1.10 * 2204 * zinc %/100)) *(31.1035 / 20). Metal price assumptions are US$20/oz silver, US$1650/oz gold, US$0.90/lb lead and US$1.10/lb zinc.
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, Colorado, Nevada and Peru. Alianza currently has one project (Tim, Yukon Territory) optioned out to CoeurMining, Inc. and a copper exploration alliance in the southwestern United States with Cloudbreak Discovery PLC. Alianza is also seeking partners on other projects. The Company 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
Renmark Financial Communications Inc.
Melanie Barbeau
Tel: (416) 644-2020 or (514) 939-3989
www.renmarkfinancial.com
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 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 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. Alianza News Release
| Trading Symbol (TSX-V: ANZ)<br><br><br>410-325 Howe Street<br><br><br>Vancouver, British Columbia<br><br><br>Canada V6C 1Z7<br><br><br>Tel: (604) 687 3520<br><br><br>Fax: 1-888-889-4874<br><br><br>www.alianzaminerals.com |
|---|
| NR 21-18 |
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Alianza Intersects Additional High-Grade Silver Mineralization at the West Fault Complex - Haldane Silver Project, Keno Hill District, Yukon Territory
·Three holes now outlining a series of productive fault splays at West Fault Complex
·Five holes completed to depth intersected breccia/fault/vein zone with siderite-galena-sphalerite mineralization
·West Fault target remains open along strike in both directions and down dip, only 150 metres of the 1,100 metre-long structure having been tested
Vancouver, BC, August 18, 2021 - Alianza Minerals Ltd. (TSX-V: ANZ, OTCQB: TARSF) (“Alianza” or the “Company”) reports additional results from the 2021 drilling campaign at the Company’s wholly-owned Haldane high-grade silver property located in the historic Keno Hill Mining District of Yukon Territory. Drilling has focused on the West Fault Complex target where a strong vein-fault system with high-grade silver mineralization is being defined. Following up on the initial success in hole HLD20-19, HLD21-25 has further extended the West Fault mineralization by 62 metres down dip with an intersection averaging 1,107 g/t silver, 6.98% lead and 3.97% zinc (1,485 g/t silver-equivalent**(2)****) over 1.60 metres (estimated true width of 1.00 metres).** This occurs within a wider zone of siderite veining and brecciation, fault gouge with lesser galena and sphalerite which averaged 363.4 g/t silver, 1.73% lead and 2.80% zinc (534.2 g/t silver-equivalent) over 6.83 metres (estimated true width 4.27 metres). The 8,579 hectare Haldane Property is located in the western portion of the Keno Hill Silver District, 25 kilometres west of Keno City, YT. Exploration at Haldane is targeting extensions of historical high-grade silver production on the property as well as recently defined targets, such as the West Fault, in new areas of the property.
“We continue to expand the West Fault Complex mineralization at Haldane, with our third high-grade silver intersection,” stated Jason Weber, P.Geo, President and CEO of Alianza. “We have now extended the known mineralization 62 metres down dip in this hole and in our previously released HLD21-24, we have extended mineralization 75 metres down dip and approximately 50 metres along strike of HLD20-19. The additional holes at West Fault Complex are showing that it is a large structure with excellent potential for additional high grade silver mineralization.”
Table 1 – West Fault Target Drill Intercepts
| Hole | From<br><br><br>(m) | To<br><br><br>(m) | Interval<br><br><br>(m) | Est True Width (m)^(1)^ | Silver<br><br><br>(g/t) | Gold<br><br><br>(g/t) | Lead<br><br><br>(%) | Zinc<br><br><br>(%) | Silver Eq.^(2)^<br><br><br>(g/t) |
|---|---|---|---|---|---|---|---|---|---|
| HLD21-23 | 211.1 | 211.4 | 0.3^(3)^ | 0.18 | 145 | 0.53 | 0.30 | 19.3 | 925.6 |
| HLD21-24^(4)^ **** | 265.86 | 271.1 | 5.24^(3)^ | 3.14 | 1351 | 0.08 | 2.43 | 2.91 | 1542 |
| Including | 269.0 | 271.1 | 2.10 | 1.26 | 3267 | 0.11 | 5.80 | 7.02 | 3720 |
| HLD21-25 | 293.44 | 300.27 | 6.83 | 4.27 | 363.4 | 0.14 | 1.73 | 2.80 | 534.2 |
| Including | 295.80 | 297.40 | 1.60 | 1.00 | 1107 | 0.16 | 6.98 | 3.97 | 1485 |
^(1)^ True width of the vein and breccia mineralization is estimated to be 50-70% of the core length intersection with the exception of HLD21-25 where precise measurements of vein contact angles yields 62.5% of the core length intersection. A value of 60% is used for the purposes of reporting HLD21-23, 24 and 62.5% for HLD21-25.
^(2)^ Silver-equivalent values are calculated assuming 100% recovery using the formula: ((20 * silver (g/t) / 31.1035) + (1650 * gold (g/t) / 31.1035) + (0.90 * 2204 * lead %/100) + (1.10 * 2204 * zinc %/100)) *(31.1035 / 20). Metal price assumptions are US$20/oz silver, US$1650/oz gold, US$0.90/lb lead and US$1.10/lb zinc.
^(3)^ Core recovery is estimated at 70-75% for HLD21-24 and 25, with the exception of a 0.80 metre section of HLD21-24 where recovery was zero. A value of zero was assigned to silver, gold, lead and zinc for the section of zero core recovery for the purposes of composite interval calculations. Core recovery is estimated at 46% for HLD21-23.
^(4)^ Previously released July 12, 2021.
Figure 1. Plan map of West Fault Complex drilling.
Figure 2. Cross section – West Fault drill holes HLD20-19 and HLD21-25.
Figure 3. Cross section – West Fault drill holes HLD21-22,-23 and -24.
HLD21-25 intersected the West Fault structure at 291.5 m over a core length of 13.38 m (estimated true width of 8.36 m), averaging 220.5 g/t Ag (325.0 g/t silver-equivalent). Strong siderite/sulphide breccia and veining was intersected at 293.44 m returning a 6.83 m (4.27 m estimated true width) intersection of 363.4 g/t silver (534.2 g/t silver-equivalent). The highest grade interval of 1.6 m (1.00 m estimated true width) of 1,107 g/t silver, 3.97% lead and 3.97% zinc (1,485 g/t silver-equivalent) consisted of very strong siderite-galena-sphalerite with trace tetrahedrite in veins and breccia. Siderite/sulphide veining is bounded on both sides by zones of clay-gouge with elevated silver content. The West Fault intersection in HLD21-25 occurs approximately 25 metres uphole from where the target was modelled to occur and it is now believed that the West Fault is a complex of faults and splays rather than a single discreet fault structure. Narrow structures hosting siderite-galena-sphalerite veins have been intersected above the West Fault mineralization in previous holes (HLD20-19, HLD21-24) and are now thought to represent the upper splay of the West Fault, now referred to as WF2. The WF1 structure, host to the high grade silver mineralization previously released in hole HLD20-19 and HLD21-24, looks to weaken to down dip to the northwest, perhaps stepping over to the WF2 splay in this direction. HLD21-22 and -23 were drilled to test mineralization 50 metres on strike of HLD20-19 to the southwest. HLD21-22 was lost in a fault at 116.70 metres depth. HLD21-23 successfully intersected the West Fault Vein (WF1); however, recent remobilization of the fault is interpreted to have cut the vein mineralization off, yielding a 30 cm intersection of 145 g/t silver, 0.529 g/t gold, 0.30% lead and 19.3 % Zn (925.6 g/t Ag-equivalent). It appears that some of the intersection may have been lost as the footwall contact consists of rubble and gouge. Samples from the remaining two drill holes targeting the West Fault Complex are in process at the laboratory. It is expected that the next set of results will be released in late September. An updated drill plan and long section with the completed drilling can by found on the Company's website http://www.alianzaminerals.com under the Haldane Project section.
The West Fault Complex is traced for over 650 metres and can be interpreted to extend to 1.1 kilometres in length before merging with the 2.2 kilometre-long Main Zone structure. Drill testing to date covers only a fraction of the West Fault Complex target. The current program systematically tested the structure in approximate 50 metre step-outs along strike and down dip. High grade silver mineralization has now been intersected in three holes that pierce the WF1 and WF2 veins over 90 metres of dip direction and 50 metres of strike direction. The West Fault Complex is one of four high-priority silver-lead-zinc-bearing vein drill targets at Haldane.
Quality Assurance / Quality Control
All samples were analyzed by 33 element four acid digestion ICP-MS methods at ALS Canada Ltd. Sample preparation was completed in Whitehorse, Yukon and geochemical analyses were performed in Vancouver, British Columbia. Samples with over limit silver and gold were re-analyzed using a 30-gram fire assay fusion with a gravimetric finish. Over-limit lead and zinc samples were analyzed by four acid digestion and atomic absorption spectrometry. All results have passed the QA/QC screening by the lab Equity Exploration Consultants Ltd, of Vancouver BC is executing and managing the Haldane Project. Equity utilized a quality control and quality assurance protocol for the drill core sampling, including blank, duplicate, and standard reference samples.
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, Colorado, Nevada and Peru. Alianza currently has one project (Tim, Yukon Territory) optioned out to Coeur Mining, Inc. and a copper exploration alliance in the southwestern United States with Cloudbreak Discovery PLC. Alianza is also seeking partners on other projects.
.
The Company 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
Renmark Financial Communications Inc.
Scott Logan
Tel: (416) 644-2020 or (212) 812-7680 www.renmarkfinancial.com 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 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 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.