Operator

Alianza Minerals Ltd.

Terms

1.0% NSR

Acquisition Date

2015 / Jan / 27

The Horsethief property is located in Lincoln County, Nevada approximately 220 km north-east of Las Vegas and 19 km north-east of Pioche. Infrastructure and access to the property are favorable given the proximity to a hydroelectric power source and a highway within 19 km of the property that is connected by an all-weather road.

The property geology at Horsethief is an off-trend sediment hosted Carlin-style gold system. Work by previous operators included mapping and sampling hematite-rich jasperoid breccia outcrops followed by 4,200 metres of shallow rotary drilling reporting multiple intervals of gold mineralization including 1.2 g/t gold from 13.7 metres and 0.8 g/t gold from 39.6 metres.

Recent exploration work has focused on three primary target areas; Horsethief North, Horsethief South, and Stallion. Fieldwork has included mapping, prospecting and sampling for the purpose of refining drill targets. A total of 56 panel, grab and chip samples were collected property-wide and indicate prospective carbonate stratigraphy. In conjunction with their exploration work, Alianza acquired an additional 33 claims increasing the size of the property to 525 ha.

Recent Activities

February 2018
Alianza is actively engaged with potential partners and is preparing for a 1,500 metre reverse circulation drilling program to test multiple targets on the property.

January 2018
Alianza received the necessary permit for a drilling program at Horsethief.