Mr. Jim Gowans reports
ARIZONA MINING CONTINUES EXPANSION OF TAYLOR DEPOSIT- INTERSECTS 85 FEET OF 9.4% ZINC, 12.8% LEAD AND 3.92 OPT SILVER- MORE DRILL RIGS ADDED
Arizona Mining Inc. has released the results of three new exploration drill holes targeting the expansion of the Taylor zinc-lead-silver sulphide deposit located on its 100-per-cent-owned Hermosa project in Santa Cruz county, Arizona, United States.
All holes are significant expansions to the maiden resource announced on Feb. 1, 2016.
HDS-346 intersected several zones of mineralization, including 183 feet of 6.2 per cent zinc, 7.6 per cent lead, 0.05 per cent copper and 2.29 ounces per ton silver, which included an interval of 85 feet of 9.4 per cent zinc, 12.8 per cent lead, 0.09 per cent copper and 3.92 ounces per ton silver. This drill hole represents a 500-foot step-out from the northwestern extent of the previously reported resource area.
HDS-342 encountered 14 individual zones of mineralization, including 47.5 feet of 14.1 per cent zinc, 10.1 per cent lead, 0.86 per cent copper and 3.59 ounces per ton silver and another of 50.5 feet of 7.8 per cent zinc, 5.7 per cent lead, 0.2 per cent copper and 2.11 ounces per ton silver. This hole is an angle hole that targeted the southern limits of mineralization as it extends to the southwest from the main portion of the resource block.
HDS-340 intersected five zones of mineralization, including 30 feet of 2.9 per cent zinc, 22.7 per cent lead, 1.09 per cent copper and 9.22 ounces per ton silver. This drill hole represents an 800-foot step-out from the northwestern extent of the previously reported resource area.
Jim Gowans, chief executive officer of Arizona Mining, commented: "These excellent drill results continue to support our view that the Taylor deposit is going to grow in size and grade and will rank with some of the world's largest base metal deposits. We continue to aggressively pursue drilling this project and have increased the number of drill rigs from five to eight to complete the current 125,000-foot program. 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-340, HDS-342 and HDS-346, see the attached table.
ASSAY SUMMARIES
Drill hole From To Interval From To Interval Ag Pb Zn Cu
ID (feet) (feet) (feet) (m) (m) (m) (oz/ton) (%) (%) (%)
HDS-340 2062 2082 10 628.5 634.6 3.0 2.08 1.35 0.60 0.11
HDS-340 2545.5 2555 9.5 775.8 778.7 2.9 1.62 1.55 2.43 0.05
HDS-340 2799 2809 10 853.1 856.1 3.0 1.16 1.49 3.10 0.01
HDS-340 3242 3272 30 988.1 997.3 9.1 9.22 22.74 2.95 1.09
HDS-340 3427 3437 10 1044.5 1047.5 3.0 0.47 0.98 3.34 0.01
HDS-342 500 517 17 152.4 157.6 5.2 0.66 0.57 3.05 0.00
HDS-342 557 570.5 13.5 169.8 173.9 4.1 1.45 1.81 2.06 0.11
HDS-342 620.5 653 32.5 189.1 199.0 9.9 1.79 0.36 0.37 0.08
HDS-342 1650.5 1698 47.5 503.0 517.5 14.5 3.59 10.16 14.15 0.86
HDS-342 1806 1820 14 550.4 554.7 4.3 0.98 2.29 3.49 0.24
HDS-342 1935 1951 16 589.8 594.6 4.9 1.36 4.01 2.11 0.06
HDS-342 1990 2010 20 606.5 612.6 6.1 0.68 1.88 1.45 0.04
HDS-342 2211.5 2382 170.5 674.0 726.0 52.0 0.80 1.83 2.39 0.09
Including 2285.5 2333.5 48 696.6 711.2 14.6 1.30 3.19 4.84 0.16
HDS-342 2404.5 2455 50.5 732.9 748.2 15.4 2.11 5.70 7.89 0.20
HDS-342 2559 2570 11 779.9 783.3 3.4 1.68 2.74 1.45 0.40
HDS-342 2589 2624 35 789.1 799.8 10.7 0.85 1.99 1.44 0.04
HDS-342 2816 2821.5 5.5 858.3 860.0 1.74 7.73 3.84 2.39 0.55
HDS-342 2891 2896.5 5.5 881.1 882.8 1.71 1.55 6.67 4.36 0.27
HDS-346 2078 2117 39 633.3 645.2 11.9 1.06 1.18 2.07 0.06
HDS-346 2458 2472 14 749.2 753.4 4.3 0.37 1.04 1.77 0.05
HDS-346 2699 2882 183 822.6 878.4 55.8 2.29 7.63 6.27 0.05
Including 2730 2815 85 832.1 858.0 25.9 3.92 12.84 9.47 0.09
HDS-346 3196 3205.5 9.5 974.1 977.0 2.9 5.77 16.79 9.20 0.95
HDS-346 3243 3267 24 988.4 995.7 7.3 2.01 5.52 4.77 0.28
Drill intervals are down the hole drill widths but are considered to be within 5 per cent of true widths.
Qualified person
The results of the Arizona Mining drilling results have been reviewed, verified and compiled by Donald R. Taylor, MSc, PG, chief operating officer for Arizona Mining, a qualified person as defined by National Instrument 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 No. 4029597).
Assays and quality assurance/quality control
To ensure reliable sample results, the company has a rigorous quality assurance/quality control 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, Ariz. ALS Minerals Laboratories prepares a pulp of all samples and sends the pulps to its analytical laboratory in Vancouver, B.C.,
Canada, for analysis. ALS analyzes the pulp sample by ICP following a four-acid digestion (ME-ICP61 for 33 elements) including copper, lead and zinc. All samples in which copper, lead or zinc are greater than 10,000 parts per million are rerun using four-acid digestion with an ICP-AES finish (Cu-OG62, Pb-OG62 and Zn-OG62) with the elements reported in percentages. Silver values are determined by ICP (ME-ICP61) with all samples with silver values greater than 100 parts per million repeated using four-acid digestion with an ICP-AES finish (Ag-OG62) calibrated for higher levels of silver contained. Any values over 1,500 parts per million silver will trigger a fire assay with gravimetric finish analysis. Gold values are determined by a 30-gram fire assay with an ICP-AES finish (Au-ICP21).
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