Arizona Mining (AZ-T) steps out to new zone at Taylor deposit - HDS-344 intersects 39 feet grading 7.5% zinc, 9.4% lead and 2.4 opt silver
June 28, '16 - NR
Arizona Mining is pleased to announce the results of two step-out exploration drill holes targeting the expansion of the Taylor Zn-Pb-Ag sulfide deposit located on its 100% owned Hermosa Project in Santa Cruz County, Arizona USA.
Both holes are significant expansions to the maiden resource announced on February 1, 2016 (39.4 M inferred tonnes grading 11% zinc equivalent) in addition to the recently announced HDS-338 step-out hole that intersected 101.5 feet (30.9 m) grading 18.7% Pb+Zn and 6.1 opt Ag and HDS-339 that intersected 108.0 feet (32.9 m) grading 31.3% Pb+Zn and 5.5 opt Ag (see May 5, 2016 press release).
HDS-344 represents a 1060 foot (323 m) step out from the northeastern extent of the previously reported resource area (HDS-336). This drill hole intersected seven zones of mineralization including 107 feet (32.6 m) grading 4.62% zinc, 5.45% lead, 0.04% copper and 2.55 opt Ag, which included an interval of 39 feet (11.9 m) grading 7.48% zinc, 9.41% lead, 0.03% copper, and 2.36 opt silver.
HDS-341 was a 350 foot step out down dip to HDS-338. The hole crossed a major fault and throughout much of the length of the drill hole younger intrusive dike(s) and alteration associated with the dike replaced much of the permissive carbonate section. However, the hole did encounter 33.5 feet (10.2 m) grading 1.98% zinc, 3.12% lead, 0.18% copper and 1.82 opt Ag within the remaining carbonate section.
CEO Jim Gowans commented, "HDS-344 is a major step out hole to the deposit and has intersected a significant section of mineralization in an area we weren't certain would be permissive. The success of this drill hole has really opened things up for additional expansion. Although we have expanded the area tested with these major step outs the deposit remains open in all directions, and to date we have drilled no blank or even weakly mineralized holes."
For a full listing of the drill results for HDS-341and HDS-344 see Table I below.
Table I. Assay summaries for HDS-341 and HDS-344
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| DH_ID
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| From (feet)
| To (feet)
| Interval (in feet)
| From (meters)
| To (meters)
| Interval (meters)
| Ag opt
| Pb%
| Zn%
| Cu%
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| Ore Zone
| HDS-341
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| 3413.5
| 3447
| 33.5
| 1040.4
| 1050.6
| 10.2
| 1.82
| 3.12
| 1.98
| 0.18
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| CRD
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| HDS-344
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| 960
| 995
| 35
| 292.6
| 303.3
| 10.7
| 3.60
| 1.25
| 1.86
| 0.16
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| CRD
| HDS-344
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| 1025
| 1065
| 40
| 312.4
| 324.6
| 12.2
| 0.66
| 0.52
| 1.39
| 0.02
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| CRD
| HDS-344
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| 1587.5
| 1594
| 6.5
| 483.8
| 485.8
| 2.0
| 4.17
| 3.65
| 4.91
| 0.22
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| CRD
| HDS-344
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| 1765
| 1800
| 35
| 537.9
| 548.6
| 10.7
| 1.44
| 1.50
| 1.80
| 0.04
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| CRD
| HDS-344
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| 3416.5
| 3436.5
| 20
| 1041.3
| 1047.4
| 6.1
| 16.74
| 3.09
| 2.90
| 0.84
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| CRD
| HDS-344
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| 3541.5
| 3648.5
| 107
| 1079.4
| 1112.0
| 32.6
| 2.55
| 5.45
| 4.62
| 0.40
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| CRD
| HDS-344
| Including
| 3606
| 3645
| 39
| 1099.1
| 1110.9
| 11.9
| 2.36
| 9.41
| 7.48
| 0.03
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| CRD
| HDS-344
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| 3685
| 3766.5
| 81.5
| 1123.1
| 1148.0
| 24.8
| 0.96
| 1.19
| 0.97
| 0.04
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| CRD
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(Drill intersections with both Zinc>4.5% and Lead>4.5% highlighted. Drill intervals are down the hole drill width but are considered to be within 5% of true width)
Qualified Person
The results of the Arizona Mining Inc. drilling results have been reviewed, verified and compiled by Donald R. Taylor, MSc., PG, Chief Operating Officer for Arizona Mining Inc., a qualified person as defined by National Instrument 43-101 (NI 43-101). Mr. Taylor has more than 25 years of mineral exploration and mining experience, and is a Registered Professional Geologist through the SME (registered member #4029597).
Assays and Quality Assurance/Quality Control
To ensure reliable sample results, the Company has a rigorous QA/QC program in place that monitors the chain-of-custody of samples and includes the insertion of blanks, duplicates, and certified reference standards at statistically derived intervals within each batch of samples. Core is photographed and split in half with one-half retained in a secured facility for verification purposes.
Sample preparation (crushing and pulverizing) has been performed at ALS Minerals Laboratories, an ISO/IEC accredited lab located in Tucson, Arizona. ALS Minerals Laboratories prepares a pulp of all samples and sends the pulps to their analytical laboratory in Vancouver, B.C. Canada for analysis. ALS analyzes the pulp sample by ICP following a 4-acid digestion (ME-ICP61 for 33 elements) including Cu (copper), Pb (lead), and Zn (zinc). All samples in which Cu (copper), Pb (lead), or Zn (zinc) are greater than 10,000 ppm are rerun using four acid digestion with an ICP – AES finish (Cu-OG62;Pb-OG62; and Zn-OG62) with the elements reported in percentage (%). Silver values are determined by ICP ((ME-ICP61) with all samples with silver values greater than 100 ppm repeated using four acid digestion with an ICP-AES finish (Ag-OG62) calibrated for higher levels of silver contained. Any values over 1,500 ppm Ag triggers a fire assay with gravimetric finish analysis. Gold values are determined by a 30 gm fire assay with an ICP-AES finish (Au-ICP21).
About Arizona Mining
Arizona Mining Inc. is a Canadian mineral exploration and development company focused on the exploration and development of its 100% owned Hermosa Project located in Santa Cruz County, Arizona. The Taylor Deposit, a lead-zinc-silver carbonate replacement deposit, has a resource of 39.4 million tonnes in the Inferred Mineral Resource category grading 11% zinc equivalent ("ZnEq") utilizing a 6% ZnEq cutoff grade calculated in accordance with NI 43-101 guidelines. The Taylor Deposit remains open to the north, west and south over land controlled by the Company and will be aggressively drilled to test the limits of the resource. The Company recently completed metallurgical test work on drill core from the Taylor Deposit that projects overall recoveries of 92.9% Pb; 85.5% Zn and 91% Ag using industry standard froth flotation processing technology. The Company's other project on the Hermosa property is the Central Deposit, a silver-manganese manto oxide development project that has a prefeasibility study completed in December 2013.
SOURCE Arizona Mining Inc.
Image with caption: "Drill Location Map (CNW Group/Arizona Mining Inc.)". Image available at: http://photos.newswire.ca/images/download/20160628_C1051_PHOTO_EN_723927.jpg
Image with caption: "Arizona Mining Inc. (CNW Group/Arizona Mining Inc.)". Image available at: http://photos.newswire.ca/images/download/20160628_C1051_PHOTO_EN_723929.jpg
Donald Taylor, COO on
520 485 1300,
e-mail info@arizonamining.com |
