Alianza tests West Fault silver discovery
Drilling will follow up on 2020 intercepts at Yukon project North of 60 Mining News – May 21, 2021
Last updated 6/24/2021 at 3:37pm
Alianza Minerals Ltd. May 17 announced the start of a drill program focused primarily on the West Fault target at its Haldane silver project in the Yukon's historic Keno Hill Mining District.
Situated about 25 kilometers (16 miles) west of Keno City, the 8,579-hectare (21,200 acres) Haldane property hosts a historical mine that produced roughly 24.7 metric tons of hand-sorted ore averaging 3,102 grams per metric ton (99.7 ounces per metric ton) silver and 59% lead on the south side of Bighorn Creek. A vein on the north side of Bighorn Creek produced another 2.1 metric tons of hand-sorted ore averaging 4,602 g/t (148 oz/t) silver and 57.9% lead in 1926 and 1927.
West Fault is a new zone located at the northwest end of the Mount Haldane Vein System, a complex fault and vein system about 2,500 meters southeast of Bighorn.
The 2021 program will follow up on a 2021 hole at West Fault, HLD20-19, that cut 16.15 meters (8.7 meters estimated true-width) averaging 311 g/t silver from a depth of 246.9 meters, including 3.3 meters (1.8 meters estimated true-width) averaging 818 g/t silver.
The primary focus of this phase of drilling is to systematically test the silver mineralization along strike and down dip to define possible high-grade mineralized shoots associated with the intersection. The target remains open in all directions.
"Our 2020 program intersected the widest vein mineralization to date at Haldane," said Alianza Minerals President and CEO Jason Weber. "We have only just started to explore this vein structure, with only five holes in total testing it. We look forward to building on this result and starting to show the size potential of this productive part of the West Fault system."
The company expects to drill up to four holes during this phase of drilling at Haldane.