Posted in | Gold | Mining Business

Alianza Minerals Announces 2019 Exploration Results of KRL Gold Property

Alianza Minerals Ltd. has announced the results of the 2019 exploration program carried out at the KRL gold property. The property is situated in the prolific Golden Triangle of British Columbia.

Image Credit: Mark Agnor/Shutterstock.com

Image Credit: Mark Agnor/Shutterstock.com

The 2019 exploration program involved mapping, soil and rock geochemical sampling, and prospecting to offer context and also guide additional exploration close to the high-grade KRL gold showing.

During the 2019 exploration program, additional high-grade gold-bearing quartz veins were identified that were located about 100 m southeast of the main showing area. The gold-bearing quartz veins returned 9.2 g/t gold from grab sample and 35.7 g/t gold from locally derived float sample. Significantly, these veins are believed to be part of a zone that is likely to measure as much as 40 m wide and 800 m long.

The property is located close to the junction of the Iskut River and McLymont Creek, about 5 km from the Forrest Kerr and McLymont Creek power generation plants. Furthermore, road access is available less than 2 km from the boundary of the property.

The 2019 program was undertaken to provide context for the high-grade gold-bearing quartz veins at the KRL Showing and to identify targets for subsequent exploration programs. The recognition of a trend of mineralized veins was an important step in defining an exploration target for us to focus on in 2020.

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

Mapping has detected a fault-bounded, northeast-trending corridor that covers the main KRL gold showing and also other high-grade vein occurrences. The present understanding is that the main KRL gold-bearing quartz vein trend is regulated by the contact between huge sedimentary rocks and andesites, at a high angle to the northeast-trending, fault-bounded corridor.

Rock samples collected from the 2019 exploration program, up to 100 m southeast of the KRL gold showing, returned 35.7 g/t gold and 9.2 g/t gold from perceptibly unmineralized smoky and white quartz veins, almost resembling the high-grade gold-bearing veins sampled before.

In total, 358 soil samples and 30 rock samples were obtained in the 2019 exploration program. Apart from the high-grade rock samples, the 2019 program also defined a number of gold-in-soil geochemical anomalies located northeast of the KRL gold showing. The 2019 exploration program will need a follow-up in 2020.

The KRL Property was purchased in late 2018 to analyze high-grade gold-bearing quartz veins detected in the 1980s when a sequence of hand trenches were mined to sample quartz veins with a width of 10 to 100 cm that returned numerous >60 g/t gold results, such as a high of 248.1 g/t gold from a vein of 10 cm. During that time, a minimum of 11 veins were detected over an area of 400 m x 600 m.

Source: https://alianzaminerals.com/

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