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Alianza Reports Phase I Results and Phase II Drilling at Haldane Property

Alianza Minerals Ltd updates outcomes of Phase I of the 2019 field program and the planned commencement of Phase II drilling at the Haldane Property, a high-grade silver target in the historic Keno Hill Mining District of Yukon Territory.

Phase I of the program included soil geochemical sampling, mapping, and trenching intended to refine targets for drilling, which will start in the second week of August. The 8,579 ha Haldane Property is situated 25 km west of Keno City, YT in the western part of the Keno Hill Silver District.

New targets generated during the 2018 field program remain as priority targets for drilling in our phase II program. The Phase II program is the first drill test of these new targets and their potential to host high-grade silver veins as seen elsewhere in the Keno District.

Jason Weber, P.Geo, President and CEO, Alianza Minerals Ltd

The 2019 Phase I program is aimed at three major regions: the newly discovered Bighorn and Ross anomalies and the Mt Haldane Vein System (MHVS). Trenching was done at the Bighorn and MHVS regions, with four trenches totaling 213 m mined. Although mineralized faults mapped at the Bighorn target were strongly weathered at surface, they returned inconsistent lead and silver values.

Continuous chip samples in trench BH02 returned 9.6 g/t silver and 0.25% lead across 10.9 m, which comprised of fault and heavily broken and oxidized host rocks. Comparable anomalous results were yielded from trench BH01, 60 m south.

Notably, soil geochemical outcomes from the present program gathered 300 m south of BH01 on strike from the trenches returned 63 g/t silver and over 1% lead, signifying the possible presence of high-grade mineralization. The array of parallel north-south structures that have been mapped concurrently with the Bighorn geochemical anomaly (now 120-150 m wide and 900 m long) may be tested more efficiently by drilling.

The Phase II program is planned to start in the second week of August with drill mobilization taking place on or about August 14th, 2019. The first holes will target the Ross and Bighorn anomalies, and later the drilling at the Middlecoff Zone at the Mount Haldane Vein System will target the modeled plunge of high-grade shoots in historic workings. Nearly 1300 m of drilling has been scheduled in up to eight holes.


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