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 2020
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 ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨
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: September 11, 2020 | 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 1, 2020
99.2
News Release dated June 24, 2020
99.3
News Release dated July 2, 2020
99.4
News Release dated July 17, 2020
99.5
News Release dated August 6, 2020
99.6
News Release dated August 10, 2020
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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| NR20-08 |
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Drilling Underway at Alianza’s Horsethief Gold Project, Nevada
Vancouver, B.C., June 1, 2020 - Alianza Minerals Ltd. (TSX-V: ANZ, OTC: TARSF) **** (“Alianza” or the “Company”) reports that the reverse-circulation (“RC”) drilling program at the Horsethief Gold Property, Nevada has commenced. This program is funded by partner Hochschild Mining (US), a subsidiary of Hochschild Mining PLC (“Hochschild”, LSE:HOC). Hochschild holds an option to earn a 60% interest in the project by funding exploration expenditures of US$5 million over 5.5 years. This program consists of up to 10 holes for a total of 2,600 meters and tests a wide area of the project.
The first two holes are located at the Horsethief North target (sites RC-P2 and -P4 in the attached map) to test stratigraphy below the extent of historic drilling. The presence of gold associated with jasperoid alteration and karst features at surface and in shallow drilling is a favourable indicator of potential at depth. From Horsethief North, the rig will move to Horsethief South (sites RC-P6 and -P5) to test similar targets before moving to the Mustang and Stallion target areas. Holes at Mustang and Stallion will also test for gold mineralization at the contact of cover volcanic rocks and the carbonate sediments thought to extend below.
Highlights:
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Horsethief hosts Upper Cambrian to Lower Ordovician rocks known to host other important precious metals in Nevada.
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Four primary target areas defined by gold-bearing altered carbonate rocks on surface and in shallow drilling; one target at depth interpreted from geophysical surveys.
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Current program is testing the upper Cambrian/lower Ordovician contact in proximity of historic drilling that returned 39.6 metres averaging 0.79 g/t Au and 13.7 m averaging 1.22 g/t gold.
Horsethief is located 25 km (16 miles) east of the historic mining town of Pioche, NV. The current Notice of Intent (“NOI”), recently approved by the United States Bureau of Land Management (“BLM”), allows for up to 3,000 metres of drilling in ten holes.
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. 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 known to host some major gold deposits in Nevada.
Prior operators completed 40 shallow drill holes in the 1980s focussed on outcropping jasperoid alteration. This drilling returned numerous gold-bearing intersections including HT-18 (Horsethief North) which returned 39.6 metres of 0.79 g/t gold and HT-15 (Horsethief South) which returned 1.22 g/t gold over 13.7 metres. These intersections are thought to represent peripheral mineralization observed above other Nevada gold deposits at the Cambrian-Ordovician contact, which at Horsethief remains untested.
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. A map of the proposed drill hole locations can be found below:
![[anzjune12020nr003.jpg]](anzjune12020nr003.jpg)
The program will be conducted with the safety of its employees, contractors and subcontractors as a priority and includes 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.
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 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<br><br><br>Sandrine Lam, Shareholder Communications<br><br><br><br><br><br>Tel: (604) 807-7217<br><br><br>Fax: (888) 889-4874<br><br><br><br><br><br>Renmark Financial Communications Inc.<br><br><br>Melanie Barbeau<br><br><br>[email protected]<br><br><br>Tel: (416) 644-2020 or (514) 939-3989<br><br><br>www.renmarkfinancial.com<br><br><br><br><br><br><br><br><br>To learn more visit: www.alianzaminerals.com |
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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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| NR20-09 |
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Alianza Minerals Acquires Twin Canyon Gold Property Lease, Colorado
Vancouver, B.C., June 24, 2020 - Alianza Minerals Ltd. (TSX-V: ANZ, OTC: TARSF) **** (“Alianza” or the “Company”) reports the Company has acquired a lease of the Twin Canyon gold prospect in southwestern Colorado. Twin Canyon hosts disseminated gold mineralization that has been recognized since the 1950s. The property is located 20 km from the town of Mancos, Colorado.
”The Twin Canyon acquisition is in keeping with Alianza’s business model and the advancement of new, early stage exploration targets,” stated Jason Weber, P.Geo., President and CEO of Alianza. “Twin Canyon certainly fits this description as it is an unusual gold occurrence. If our concept is correct, it greatly expands the target area and the prospects for outlining an economic gold deposit.”
Gold mineralization at Twin Canyon is hosted within bleached, friable sandstone of the Junction Creek Sandstone. Gold occurs near the crest of an anticline in the upper portion of the Junction Creek unit, under a cap of Morrison Formation sandstones and shale. Where gold mineralization is present, the host sandstone unit is bleached and spotted with bitumen and small amounts limonite after pyrite. Optical and microprobe work carried out on mineralized samples indicate a direct gold – bitumen association raising the novel possibility that the mineralizing process at Twin Canyon is driven by those associated with petroleum basin development.
A small underground gold mine operated at Twin Canyon during the 1980s and early 1990s. Historic sampling of the underground workings has returned grab samples ranging from 0.1 to 15.77 g/t gold. Twenty-eight historic channel samples 1.5 to 10 metres in length were anomalous in gold, eight of which exceeded 2 g/t gold (highlight of 8.1 g/t gold over 3 metres).
Historic soil geochemical surveys in the mine area indicate an open, 1600 by 800 metres gold-in-soil geochemical anomaly with peripheral anomalies that also remain open, 1100 by 50 metres and 800 by 800 metres in size. A 50-sample preliminary BLEG soil sampling program in 2017 targeted the upper portions of the Junction Creek sandstone in the mine area. This small survey confirmed the historic sampling, identifying anomalous (>50 ppb) gold-in-soil geochemistry along 400 metres of strike, open in both directions. Additionally, 1980s vintage rotary drilling confirms the presence of > 0.5 g/t over a 500 by 500 metres area. This work suggests that gold mineralization may be more extensive than the immediate mine area and a compelling exploration target exists.
Alianza will expand the soil geochemical coverage with a 200-sample survey to assess the potential for additional gold mineralization in the Junction Creek sandstone and prioritize targets for followup. This program has commenced.
Under the terms of the agreement, Alianza will pay the vendors US$58,000 cash and 500,000 shares of the Company to acquire the lease of the Twin Canyon property. The Company agrees to assume the terms of the vendors commitments under the lease, namely the annual lease payments of US$15,000 for ten years, with the right to extend the lease for 2 additional terms of ten years each. Alianza has also agreed to issue up to an additional 1.5 million shares to the vendors upon certain milestones, including staking new claims contiguous to the property, commencement of a drilling program and securing an option/joint venture partner.
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, 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 105.4 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<br><br><br>Sandrine Lam, Shareholder Communications<br><br><br><br><br><br>Tel: (604) 807-7217<br><br><br>Fax: (888) 889-4874<br><br><br><br><br><br>Renmark Financial Communications Inc.<br><br><br>Melanie Barbeau<br><br><br>[email protected]<br><br><br>Tel: (416) 644-2020 or (514) 939-3989<br><br><br>www.renmarkfinancial.com<br><br><br><br><br><br><br><br><br>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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| July 17, 2020 | NR 20-11 |
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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.
![[anzjuly172020nr003.jpg]](anzjuly172020nr003.jpg)
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.
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 currently 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<br><br><br>Sandrine Lam, Shareholder Communications<br><br><br>Tel: (604) 687-3520<br><br><br>Fax: (888) 889-4874<br><br><br>www.alianzaminerals.com<br><br><br><br><br><br>Renmark Financial Communications Inc.<br><br><br>Melanie Barbeau<br><br><br>[email protected]<br><br><br>Tel: (416) 644-2020 or (514) 939-3989<br><br><br>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 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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| July 2, 2020 | NR 20-10 |
| --- | --- |
1,770 Metres of Drilling Completed to Date at Alianza’s Horsethief Gold Property
Vancouver, B.C., July 2, 2020 - Alianza Minerals Ltd. (TSX-V: ANZ, OTC: TARSF) **** (“Alianza” or the “Company”) reports that crews have completed six holes totalling 1,770 metres (5805 feet) of reverse-circulation (“RC”) drilling 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. The crew has left site for a mandated break and will return to finish the program on or about July 10.
Six holes have been completed to date, with five reaching target depth. One hole (20HT-RC005) was terminated at 183 metres (600 feet) when it intersected a large void and could not continue. Two holes were completed at the Horsethief North target area, three in the Horsethief South area and one was collared to test the Mustang IP target at depth. Logging is complete and all samples have been shipped to the laboratory for analysis. Analytical results from the initial holes of the 2020 program are expected to be received in mid-July.
Drilling will resume at the Stallion target when crews restart the program. A map of the drill hole collar locations is shown below.
![[anzjuly22020nr003.jpg]](anzjuly22020nr003.jpg)
Horsethief is located 16 miles (25 km) east of the historic mining town of Pioche, NV. Under 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.
Additionally, the Company has mobilized a geophysical crew to conduct approximately 20 line-kilometres of magnetics and 5 line-kilometres of Induced Polarization (IP) survey, extending the existing survey coverage. This is work is undertaken to investigate newly acquired claims that were not included in the original survey.
“We are pleased with our progress at Horsethief with our first drill-test of the property,” stated Jason Weber, P.Geo., President and CEO of Alianza. “Our crews from Big Rock Exploration and Major Drilling have done a great job executing the program, especially as we all adapt to operate safely in light of the current health crisis.”
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 currently 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 105.4 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<br><br><br>Sandrine Lam, Shareholder Communications<br><br><br>Tel: (604) 807-7217<br><br><br>Fax: (888) 889-4874<br><br><br>www.alianzaminerals.com<br><br><br><br><br><br>Renmark Financial Communications Inc.<br><br><br>Melanie Barbeau<br><br><br>[email protected]<br><br><br>Tel: (416) 644-2020 or (514) 939-3989<br><br><br>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 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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| August 6, 2020 | NR 20-11 |
| --- | --- |
Drilling Completed at Alianza’s Horsethief Gold Property, Nevada
· 10 holes completed, testing 5 targets
· Drilling confirms stratigraphy, alteration and anomalous gold mineralization
· Analytical results for seven holes pending
Vancouver, B.C., August 6, 2020 - Alianza Minerals Ltd. (TSX-V: ANZ, OTC: TARSF) **** (“Alianza” or the “Company”) reports that the 2020 reverse-circulation (“RC”) drilling program at the Horsethief Gold Property, Nevada has been completed. 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. Ten widely-spaced holes totalling 2,804 metres were completed, testing five target areas over 3.5 square kilometres.
Gold assays have been received for the first three holes of the program, with the remaining seven holes in process. These three holes confirmed the presence of favorable host stratigraphy, alteration, and/or anomalous gold mineralization at the Horsethief North (20HT-001 and 002) and the Horsethief South (20HT-003) targets. Both targets received exploratory drilling in the early 1980’s. All three holes were collared in Ordovician limestone or dolomite and were drilled deep enough to test Cambrian limestones and dolostones. Anomalous gold values were intersected in the upper sections of 20HT-001 and 003 predominantly from intervals of silicification, jasperoid, hematitic brecciation, and karst or fault fill within limestones. The top 42.6 metres of 20HT-001 encountered anomalous gold values (high of 0.2 g/t gold) from silicified limestone and dolostone with intervals of jasperoid and limonitic/hematitic brecciation. Anomalous gold values were encountered throughout the initial 122 metres of 20HT-003 at the HT South target with intervals of jasperoid that returned 0.13 g/t gold over 12.2 metres from 4.6 metres depth and 19.9 metres of 0.11 g/t from 50.3 metres depth. There were no significant gold intercepts in hole 20HT-002.
The remaining 7 holes explore untested targets in the Thoroughbred (20HT-010), Horsethief South (20HT-004, 20HT-005) and extensions eastward of the primary carbonate window under volcanic cover (Mustang) towards the recently identified Stallion target (20HT-006, 20HT-007, 20HT-008 and 20HT-009). Drill holes intersected favorable carbonate stratigraphy beneath volcanic cover, confirming the continuity of the carbonate stratigraphy east of the main carbonate window.
“The first three holes at Horsethief tested the Horsethief North and Horsethief South targets, intersecting gold mineralization in similar widths and concentrations to that seen by previous operators. The presence of silicification, decalcification and other modes of alteration associated with sediment hosted gold systems is encouraging. The presence of hydrothermal pyrite at depth in prospective units beneath the extent of prior drilling is an exciting outcome of this initial drill program, and a strong indicator for a larger mineralizing system,” stated Jason Weber, President and CEO of Alianza Minerals. “The seven remaining holes tested new, unevaluated parts of the system over a wide area at the Mustang, Stallion and Thoroughbred targets. We are very excited for the forthcoming assay results, and the opportunity to vector towards the center of a mineralizing system.”
Multi-element geochemical results are pending and gold results from the remaining holes are not expected before mid-August.
A map of the drill hole collar locations is shown below and can be found at the Company website.
![[anzaugust62020nr003.jpg]](anzaugust62020nr003.jpg)
Quality Assurance and Quality Control
Alianza employs rigorous QAQC processes in the evaluation of all analytical drill program results. Drill program samples are shipped directly in sealed bags and crates to Bureau Veritas laboratories in Reno, Nevada (ISO 9001 Certification). Samples shipped include primary drill samples and inserted CRM, blank and field duplicate samples. Laboratory pulp splits are generated during sample preparation. Fire assays are performed at the Reno, NV, laboratory; multielement ICP analyses are performed on pulp splits shipped to the Bureau Veritas laboratories in Vancouver, British Columbia. Referee analyses are performed on a subset of the samples by an ISO 9001 certified laboratory once all analytical data from the program has been received.
Horsethief Property
Horsethief is located 16 miles (25 km) east of the historic mining town of Pioche, NV. 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 currently 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 106.2 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<br><br><br>Sandrine Lam, Shareholder Communications<br><br><br>Tel: (604) 687-3520<br><br><br>Fax: (888) 889-4874<br><br><br>www.alianzaminerals.com<br><br><br><br><br><br>Renmark Financial Communications Inc.<br><br><br>Melanie Barbeau<br><br><br>[email protected]<br><br><br>Tel: (416) 644-2020 or (514) 939-3989<br><br><br>www.renmarkfinancial.com |
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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 20-12 |
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Alianza Minerals Appoints VP Exploration
Vancouver, B.C., August 10, 2020 - Alianza Minerals Ltd. (TSX-V: ANZ, OTC: TARSF) **** (“Alianza” or the “Company”) reports that Rob Duncan, M.Sc. (Geological Sciences – University of British Columbia) has been appointed Vice President, Exploration of the Company effective August 1, 2020. Mr. Duncan has over 30 years of experience in mineral exploration with a wide range of companies, from major producers such as Rio Tinto and Inmet Mining to junior explorers. He has held senior management positions at several junior explorers exploring throughout the North American Cordillera, Canadian Shield and Eastern Europe on a wide variety of deposit types including orogenic gold, porphyry copper (gold), VMS, intrusion related gold, and epithermal gold-silver systems.
Mr. Duncan has over ten years of management experience specifically with prospect generator companies, having held the position of Exploration Manager at Rimfire Minerals and VP Exploration and Project Development at Evrim Resources.
Mr. Duncan’s wide range of experience and familiarity with prospect generator companies ensures that he will be involved in all aspects of the implementation of Alianza’s hybrid Joint Venture business model, from the generation and acquisition of new projects, partnering existing projects and the execution of exploration programs.
“I am pleased to add Rob to the Alianza team as his wide range of experience and analytical approach to exploration will allow us to better execute our business model,” stated Jason Weber, P.Geo., President and CEO of Alianza. “Having worked with Rob previously, I have seen the value he can bring to an organization like ours and I am looking forward to the positive impact he can have for our shareholders.”
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, 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 106.2 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<br><br><br>Sandrine Lam, Shareholder Communications<br><br><br>Tel: (604) 687-3520<br><br><br>Fax: (888) 889-4874<br><br><br>www.alianzaminerals.com<br><br><br><br><br><br>Renmark Financial Communications Inc.<br><br><br>Melanie Barbeau<br><br><br>[email protected]<br><br><br>Tel: (416) 644-2020 or (514) 939-3989<br><br><br>www.renmarkfinancial.com |
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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.