Arizona Mining drills 20 ft of 15.6% Zn at Hermosa
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 (email@example.com).
John Boehner, James Kitchener Gowans, William Mulrow, Poonam Puri, Donald Ralph Siemens, Donald Richard Taylor, Robert Percival Wares, Richard William Warke
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