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Alianza Minerals (TSX-V: ANZ) CEO Jason Weber on 2019 Exploration Program that Extended High-Grade Gold Zone at the KRL Property in the Golden Triangle, BC
Gerardo Del Real: This is Gerardo Del Real with Resource Stock Digest. Joining me today is the President and CEO of Alianza Minerals (TSX-V: ANZ)(OTC: TARSF), Mr. Jason Weber. Jason, how are you this afternoon?
Jason Weber: I'm doing very well, thanks. And you?
Gerardo Del Real: I'm well, I'm well. We have gold hovering near the $1500 mark. You had some news today I want to chat about, regarding the high-grade KRL gold property.
It's a good time to be discovering different vein sets and an extension of what looks like a trend. Right? You had some news today regarding the 2019 exploration program. I would love to get the details from you.
Jason Weber: Yeah, it's a neat little project, KRL. Isn't it? It's been known for having narrow, high-grade gold veins that for a long time weren't thought to be terribly relevant until the Valley of the Kings discovery. The work Pretivm's done to put their mine in production just shows that sometimes these actually do really relate to a significant gold deposit.
That's not to say that the KRL is a Valley of the Kings lookalike by any stretch. But certainly that was our thinking coming in. With the program we did, there was a fairly concentrated area of gold-bearing quartz veins that had been identified previously. Our work this year, we were able to find more of this veining 100 meters to the southeast of sort of the main showing area.
One sample around 35.7 grams per tonne gold. Note another ran 9.25 grams per tonne gold. So that was really exciting to see that they were occurring over a larger area. And what we really noticed – and this was geologists that were on the ground, I'm not going to take credit for this interpretation, it certainly was these guys in the field – is there's a structural corridor that hosts the main showing area. It's about 800 meters wide and almost cutting perpendicular across that is a contact between two different rock units. It seems like mineralization, or at least the veins are somehow associated with that contact.
So now that gives us sort of an 800-meter long window or corridor zone, whatever you want to call it, that we can look for these veins and sort of focus our efforts. And that's a good length. I'm not going to say that there's a vein that's 800 meters long, but I think we're going to find a scenario where we could see multiple veins over that kind of width of an area.
So that's the target, that's how it sets up for next year. We're still chewing on the data at this point. But we'll be, based on what we can pull out of our compilation, the old data and what we collected this year, we'll set a program for next year to focus in on this stuff.
Then there's also some geochem anomalies that are sort of offset from that, that don't have an explanation, that we're going to have to look at as well. So a fair bit to do there still, a lot to sink our teeth into.
Gerardo Del Real: Right. You mentioned, and it bears highlighting, the importance of getting out in the field on the ground and just doing good old fashioned work. Right? There are so many geologists and so many CEOs that just want to sit behind a keyboard and then try to interpret the data and project forward without actually getting out there and putting the work in. So kudos to you and your team for getting out there.
I do want to provide a little bit of context. You took rock samples up to 100 meters southeast of the KRL showing that returned I think 9.2 grams per tonne and 35.7 grams per tonne gold. And it was important to me that this came from visibly – this is how you described it in the release – visibly unmineralized white and smokey quartz veins. Can you speak to that a bit?
Jason Weber: Yeah, it's kind of an odd thing to write in a news release when you're talking about high-grade gold. But that is the interesting thing about these veins. They are unremarkable when you look at them. At one point we thought maybe it was the presence of pyrite or galena or chalcopyrite in very small amounts. But if you saw those, that was a gold indicator. And on these samples we took this year we didn't see that. So it's quite benign looking material but it can run high-grade gold.
Gerardo Del Real: Excellent. A bit more context, you took a total of 30 rock samples and 358 soil samples for the 2019 program. What do you have in store for 2020, Jason? I know you mentioned you're still awaiting some data and then putting that together, but do you have an idea of what the 2020 approach will be like?
Jason Weber: Without talking to the field guys, in the back of my head, I sort of look at it as going back to do some detailed work along this 800-meter corridor, maybe encompassing the lithologic contact we see there and just see if we can see any relationships there that would explain, give us a vector or anything like that. So that would be a detailed mapping program, sampling and I guess a bit of prospecting in there, too.
The other aspect I mentioned is the solder chemical anomalies that have been identified. There's a few sort of off to the east especially, but there are some down the slope off to the west that remain somewhat unexplained. So I think we'd want to do some detailed work in there. Maybe there are veins up in there that we just haven't seen that may be giving us that geochem response.
I think, just looking at it, my guess is we try to get to drill targets fairly quickly. Not to say that we necessarily would drill it next year, but I think we'd want to get to the point we've identified some drill targets and go from there. In an ideal world, we would be drilling it next year though. That would be the hope.
Gerardo Del Real: Excellent. Jason, thank you for that thorough update. Appreciate the time and we will chat soon.
Jason Weber: Thank you, Gerardo.