PR Newswire
VANCOUVER, Aug. 16, 2016
VANCOUVER, Aug. 16, 2016 /PRNewswire/ - Arizona Mining Inc. (TSX: AZ) ("Arizona Mining" or the "Company") is pleased to announce the results of a further three (3) exploration drill holes from its current program targeting the expansion of the Taylor zinc-lead-silver sulfide deposit located on its 100%-owned Hermosa Project in Santa Cruz County, Arizona. These and other recently completed drill holes continue to expand the maiden resource announced on February 1, 2016 of 39.4 million inferred tonnes grading 11% zinc equivalent.
HDS-358 is located on the northeast side of the Alta Patented Claim and will extend the resource to the northeast. The drill hole encountered 8 distinct mineralized intervals including a 24-foot interval that assayed 22.4% zinc, 24.5% lead, 0.41% copper and 13.3 ounces per ton (opt) silver. This interval was within a broader zone of mineralization that was 58 feet thick and assayed 12.17% zinc, 12.12% lead, 0.19% copper and 6.17 opt silver.
HDS-357 is an exploration step out hole located approximately 900 feet northwest of the existing resource area. This drill hole is important in extending the mineralization as it matches up well with the mineralized intervals from HDS-344 (Press Release dated June 8, 2016). The drill hole encountered intense alteration and recrystallization of the carbonate host and five (5) distinct mineralized intervals including a 32.5 foot interval which assayed 7.9% zinc, 14.36% lead and 6.9 opt silver within a 75 foot thick broader zone of mineralization which assayed 3.86% zinc, 7.02% lead and 3.39 opt silver.
HDS-360 is a vertical core hole drilled in the reported resource area to infill a 450 foot gap in the drilling. The hole encountered eight (8) distinct intersections of sulfide mineralization. The sulfide intersections included a 40-foot interval that assayed 2.15% zinc, 8.94% lead, and 5.78 opt silver. The mineralized zones encountered in this drill hole correlate well with those intersected in the surrounding drill holes previously completed.
Arizona Mining COO Don Taylor commented, "We continue to be pleased with the robust nature of the drill results and the strong correlation between the identified zones of mineralization. As indicated by the drilling, there are very significant thicknesses of zinc/lead/silver mineralization that can be correlated over approximately 4,000 feet along strike and up to 1,000 feet across strike, and the mineralization remains open in every direction except where it transitions to oxide to the southeast."
Table I. Assay summaries for HDS-357; HDS-358 & HDS-360 | |||||||||||||
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DH_ID | | From (feet) | To (feet) | Interval (in feet) | From (meters) | To (meters) | Interval (meters) | Ag opt | Pb% | Zn% | Cu% | | Ore Zone |
HDS-357 | | 1885 | 1921 | 36 | 574.5 | 585.5 | 11.0 | 2.74 | 2.99 | 2.07 | 0.10 | | CRD |
HDS-357 | | 3452.5 | 3464.5 | 12 | 1052.3 | 1055.9 | 3.7 | 7.26 | 1.59 | 2.86 | 0.46 | | CRD |
HDS-357 | | 3495.5 | 3601.5 | 106 | 1065.4 | 1097.7 | 32.3 | 1.43 | 3.11 | 0.94 | 0.20 | | CRD |
HDS-357 | Including | 3530.5 | 3551 | 20.5 | 1076.0 | 1082.3 | 6.2 | 3.62 | 7.37 | 2.25 | 0.89 | | CRD |
HDS-357 | Including | 3584 | 3601.5 | 17.5 | 1092.3 | 1097.7 | 5.3 | 2.29 | 7.95 | 2.15 | 0.03 | | CRD |
HDS-357 | | 3961.5 | 3990.5 | 29 | 1207.4 | 1216.2 | 8.8 | 0.42 | 0.91 | 1.33 | 0.08 | | CRD |
HDS-357 | | 4174.5 | 4249.5 | 75 Werbung Mehr Nachrichten zur Sabre Gold Mines Aktie kostenlos abonnieren
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