Mount Haldane, Yukon
As precious metal prices, alongside allmost all other metals, are performing well, Alianza Minerals (ANZ.V, TARSF.US) management received lots of interest, and was able to reel in subscriptions for their non-brokered C$1.2M private placement, announced at May 31, 2021.
During a year full of COVID-19 surprises and -distractions, Alianza Minerals (ANZ.V) was able to continue with their drill programs, funded by either partners like Hochschild or themselves. As the results at the Horsethief project disappointed (best result was 76m @ 0.185g/t Au), Hochschild elected to terminate the option agreement, so the project was returned to Alianza again.
Alianza Minerals (ANZ.V) was ready for their Phase II drill program at their fully owned flagship Haldane silver project, after their Phase I drill target defining program was completed earlier during the summer of last year. The company has been busy raising additional cash for 2020 exploration, and it started out with a small financing of $250,000 at 5 cents per unit on January 30, 2020.