Vancouver, B.C., February 9, 2017 – Arizona Mining (TSX:AZ) reports that it has identified a new mineralized sulfide zone at its Hermosa-Taylor zinc-lead-silver project in Arizona. The new zone, called Taylor Deeps, has been defined based on a reinterpretation of previous drill results in addition to results from two new holes, and lies below a low angle thrust fault that separates it from the current Taylor sulfide resource. Results to date indicate Taylor Deeps mineralization is continuous, open in all directions, and offers excellent potential to expand the current resource.

Two of the latest three (3) infill drill holes – HDS-402 and HDS-404 − have intersected the Taylor Deeps zone. Significant intercepts from HDS-402 include:

  • 30.5 feet assaying 7.4% zinc, 2.7% lead and 4.5 ounces per ton (“opt”) silver
  • 24 feet assaying 10.2% zinc, 7.4% lead and 2.6 opt silver
  • 128 feet assaying 6.1% zinc, 6.1% lead and 2.2 opt silver

    • Including an 18 foot zone which assayed 15.7% zinc, 23.6% lead and 7.1 opt silver
    • Including a 15 foot zone which assayed 19.8% zinc, 11.0% lead and 4.2 opt silver

HDS-402 was an infill hole drilled to expand the northeast section of the previously reported resource area and intersected four (4) mineralized veins in the volcanics, one (1) mineralized vein in the carbonates and six (6) distinct mineralized sulfide horizons with a total cumulative thickness of 305 feet (refer to individual sulfide intervals for HDS-402 in Table 1). Of particular interest in this drill hole is the 128 foot thick interval which occurs in the Taylor Deeps zone. This mineralization ties to results from previous holes that intersected Taylor Deeps and makes this zone a significant target for future exploration.

HDS-404 is a vertical infill drill hole located near the center of the current resource and encountered four (4) distinct sulfide horizons with a cumulative thickness of 479 feet (refer to Table 1). Additionally, this hole intersected two (2) significant veins in the volcanics and one (1) additional vein in the lower volcanics. Notable intervals include:

  • 97.5 feet assaying 5.3% zinc, 4.6% lead and 1.5 opt silver
  • 46 feet assaying 5.4% zinc, 5.4% lead and 1.6 opt silver
  • 62.5 foot zone which assayed 4.7% zinc, 7.8% lead and 2.7 opt silver

    • Including a 21.5 foot zone which assayed 7.9% zinc, 16.5% lead and 5.6 opt silver

HDS-405 is a vertical infill hole drilled near the center of the resource area that intersected a single vein in the overlying volcanics and eleven (11) distinct sulfide horizons with a cumulative thickness of 457 feet (refer to Table 1). The best intervals include:

  • 46 feet assaying 4.4% zinc, 3.5% lead and 1.6 opt silver
  • 42 feet assaying 3.5% zinc, 5.0% lead and 1.8 opt silver
  • 56 feet assaying 4.4% zinc, 3.9% lead and 1.4 opt silver

CEO Jim Gowans commented: “Recent drilling has greatly enhanced our understanding of the geology and mineral relationships. The full context of the drilling has highlighted Taylor Deeps − a new zone of mineralized carbonates below a sequence of older volcanic rocks and a thrust fault. The zone lies about 3,000 feet below surface, ranges in thickness from 9.5 feet up to 146 feet (refer to Table 2) and is well mineralized with zinc, lead, silver and copper. We will follow up with additional drilling to determine the extent of this new zone.”

For a full list of the vein and sulfide mineralized intervals from these holes please refer to Table 1 below.

Table 1. TAYLOR ASSAY SUMMARIES FOR HDS-402, HDS-404 & HDS-405

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Drill intersections with a combined zinc and lead grade of greater than 9% are highlighted. Sulfide drill intervals are down-the-hole drill widths but are considered to be within +/- 5% of true width based on the dip of the mineralized stratigraphy at 22 degrees. The exception to this are the intervals noted as veins. It is not possible to determine the true width of the veins based on the drill density and no representation is made here regarding true width of the veins.

These new drill holes, coupled with mineralized intercepts from previous drilling, have improved the Company’s understanding of the geology and structural setting, and have identi