Ari­zona Min­ing drills 20 ft of 15.6% Zn at Her­mosa

Stockwatch Daily - - MINES & METALS - Mr. Don Taylor re­ports

ARI­ZONA MIN­ING Inc. has re­leased the re­sults of five ex­plo­ration holes from the cur­rent drill pro­gram fo­cused on ex­pan­sion of the Taylor sul­phide zone (TS) and Taylor Deeps zone

(TDS) on its 100-per­cent-owned Her­mosa pro­ject in Santa Cruz county, Ari­zona. The drill holes high­lighted in this re­lease are suc­cess­ful step out ex­plo­ration and in­fill drill holes high­light­ing the con­tin­ued po­ten­tial for re­source growth and in­creased grades sep­a­rate from the pre­lim­i­nary eco­nomic as­sess­ment (PEA) (see press re­lease dated April 3, 2017).

In ad­di­tion to its ex­panded ex­plo­ration pro­gram with 15 rigs tar­get­ing 328,000 feet of drilling in 2017 — com­pared with six rigs tar get ing 184,000 feet of drilling ear­lier this year — the com­pany has been fo­cused in the past sev­eral months on var­i­ous ac­tiv­i­ties as­so­ci­ated with its con­tin­u­ing fea­si­bil­ity study. This work in­cludes hy­drol­ogy drilling that has demon­strated am­ple wa­ter avail­abil­ity, con­dem­na­tion drilling for the pro­posed tail­ings stor­age fa­cil­ity on its pri­vate land and ad­di­tional drilling for me­tal­lur­gi­cal test­work.

Drill re­sults HDS-478 is an an­gle drill hole in the north­east cor­ner of the Hard­shell claim block. The drill hole suc­cess­fully tar­geted the east­ern ex­ten­sion of the min­er­al­iza­tion en­coun­tered in pre­vi­ously re­ported drill hole HDS-435.

HDS-473 is a ver­ti­cal in­fill hole on the trench claim block, 800 feet west of the PEA re­source out­line. The hole tar­geted the Taylor Deeps zone be­tween pre­vi­ously re­leased drill holes HDS-436 and HDS-453.

HDS-472 is a near-ver­ti­cal in­fill hole on the north-cen­tral por­tion of the Hard­shell claim block, 700 feet east of the PEA re­source out­line. The hole suc­cess­fully tar­geted the Taylor Deeps zone and the ex­ten­sion of the Taylor sul­phide zone out­side the re­source grade shell used for the PEA.

HDS-471 is a ver­ti­cal hole on the north­ern bound­ary of the Hard­shell claim block ap­prox­i­mately 550 feet east of the Taylor Deeps PEA re­source out­line. The drill hole tar­geted the ex­ten­sion of the Taylor sul­phide zone and in­fill­ing of the Taylor Deeps zone be­tween the re­source out­line and pre­vi­ously re­leased drill hole HDS-453.

HDS-464 is a ver­ti­cal drill hole on the east­ern ex­tent of the Hard­shell claim block. The drill hole tar­geted the south­ern ex­ten­sion of the min­er­al­iza­tion en­coun­tered in pre­vi­ously re­ported drill hole HDS-435.

In­ter­vals from the holes are sum­ma­rized in the as­so­ci­ated ta­ble. (See AZ Ta­ble 1 on page 4)

“The drill re­sults con­tinue to sig­nif­i­cantly ex­pand and in­fill both the Taylor sul­phide and Taylor Deeps zones and in­di­cate over­all higher zinc, lead and sil­ver grades than the av­er­age grade of the pre­lim­i­nary eco­nomic as­sess­ment,” said chief op­er­at­ing of­fi­cer Don Taylor. “It is clear that our ex­panded drill pro­gram con­tin­ues to not only add size to the ul­ti­mate de­posit, but more im­por­tantly it is de­lin­eat­ing higher-grade ma­te­rial that should ben­e­fit the eco­nomics of the pro­ject. We con­tinue to fo­cus on the south­east­ern ex­ten­sion of the Taylor Deeps zone where the min­er­al­iza­tion has in­creased zinc, lead and sil­ver grades and is also com­ing closer to the sur­face. This area has the po­ten­tial to sig­nif­i­cantly im­prove the early devel­op­ment plan for the mine.”

We seek Safe Har­bor.

Karen Bax­ter con­densed this news re­lease (karenb@stock­watch.com).

John Boehner, James Kitch­ener Gowans, Wil­liam Mul­row, Poonam Puri, Don­ald Ralph Siemens, Don­ald Richard Taylor, Robert Per­ci­val Wares, Richard Wil­liam Warke

(AZ) Shares: 304,161,845

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