2019 fieldwork commences at BP in Nevada Alianza Minerals Ltd. (TSX-V: ANZ) (“Alianza” or the “Company”) reports that the 2019 phase I field program at the Company’s BP project has commenced. The BP property is located in Elko County, 57 km south of Carlin, Nevada and 41 km northwest of the Bald Mountain Mine. The 2019 program is funded by Hochschild Mining (US), Inc, a subsidiary of Hochschild Mining PLC under the terms of an option agreement signed in March, 2019.
“Our field crews finished up the first phase of work at Horsethief and have now moved to BP,” stated Jason Weber, P.Geo, President and CEO of Alianza. “BP is an early-stage prospect with little prior work on it but is located in a prospective region with favourable indications including that a sediment-hosted gold system is present on the property.”
BP Property
The BP property is located in Elko County, 57 km south of Carlin, Nevada and 41 km northwest of the Bald Mountain Mine. The property has had little previous gold exploration prior to a reconnaissance program in 2010 that identified gold-bearing jasperoid and anomalous gold and pathfinder geochemistry on surface. Alianza conducted a mapping and prospecting program in 2017 that identified potential structural conduits for mineralizing fluid flow as evidenced by anomalous pathfinder geochemistry and the presence of barite, clay alteration and limonite staining near the intersections of prominent structures. Additionally, the presence of features such as dissolution collapse breccias associated with barite and silicification in the proximity of gold mineralization suggest fluid-flow conduits.
The 2019 program is expected to occur in two phases. The first consisting of mapping and geochemical sampling will occur in June and July, with a second phase of detailed mapping and sampling, and possibly geophysics to be completed in September.