This work is funded by partner
Six holes have been completed to date, totalling 1,770 metres (5,805 feet) of drilling. Analytical results from the initial holes of the 2020 program have yet to be received and are expected soon. Results will be released once the QA/QC process and integration into the project database are complete.
Horsethief is located 16 miles (25 km) east of the historic mining town of
Horsethief Property
Drilling at Horsethief follows a very successful 2019 program that included detailed mapping focussed on lithology, structure and alteration of the prospective limestone and dolostone stratigraphy exposed at Horsethief. Significantly, based on lithological characteristics and fossil identification, this work confidently assigned stratigraphic ages ranging from upper Cambrian to lower Ordovician. This is an important age determination as it corresponds to the ages of rocks hosting other major deposits such as the
Additionally, the 2019 work program identified a new window of upper Cambrian to lower Ordovician-aged carbonate stratigraphy with significant jasperoid alteration in the northeast portion of the property. An additional 26 claims were staked to cover this occurrence as well as prospective stratigraphy identified in the southern portion of the property.
Horsethief hosts five primary drill targets; four target areas defined by surface exposures of altered carbonate rocks and one target at depth, interpreted from induced polarization (IP) and resistivity geophysical surveys.
About
Alianza employs a hybrid business model of joint venture funding and self-funded projects to maximize opportunity for exploration success. The Company currently has gold, silver and base metal projects in
The Company has 106.1 million shares issued and outstanding and is listed on the
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Web: www.alianzaminerals.com
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