Arizona Mining Receives Key State Permits for Taylor Project
VANCOUVER, British Columbia, Jan. 10, 2018 (GLOBE NEWSWIRE) -- Arizona Mining Inc. (TSX:AZ) (“Arizona Mining” or the “Company”) announces that its operating subsidiary, Arizona Minerals Inc. (“AMI”) has received three permits from the State of Arizona – the Aquifer Protection Permit (“APP”), the Arizona Pollutant Discharge Elimination System Permit (“AZPDES”) and the Dam Safety Permit.
These permits enable the Company to commence construction of a lined tailings storage facility (“TSF”), an active water treatment plant (“WTP”) and an underdrain collection pond. Construction is slated to begin immediately and will be staged, with the first completed facility being the water treatment plant. Rummell Construction has been awarded the contract for the TSF and Veolia Water Technologies has been awarded the contract to supply the water treatment facility.
“The receipt of these key permits is an important milestone in executing our strategy for the Taylor Deposit. In addition to cleaning up the historic liabilities on the Trench property, these three facilities will serve as the foundation for future operations planned for the site,” said Jim Gowans, President and CEO. “Permitting with the state agencies was a comprehensive and transparent process. We are very appreciative of the interaction with the regulators as it improved our plans and benefited both parties.”
The Company expects to complete a feasibility study in mid-2018 and in the interim, will continue to conduct exploration drilling to define the limits of the Taylor resource, which remains open in multiple directions.
About Arizona Mining
Arizona Mining Inc. (an augustagroup company) is a mineral exploration and development company focused on the exploration and development of its 100%-owned Hermosa Project located in Santa Cruz County, Arizona. The Taylor Deposit, a zinc-lead-silver carbonate replacement deposit, has a resource of 8.6 million tons in the Measured Mineral Resource category grading 4.2% zinc, 4.0% lead and 1.6 opt silver, or 9.7% ZnEq, plus 63.8 million tons in the Indicated Mineral Resource category grading 4.5% zinc, 4.4% lead and 1.9 opt silver, or 10.6% ZnEq, and 38.6 million tons of Inferred Mineral Resources grading 4.4% zinc, 4.2% lead and 3.1 opt silver or 11.6% ZnEq, all reported in accordance with NI 43-101 guidelines utilizing a 4% ZnEq cutoff grade. The Taylor Deposit remains open to the north, east, west and south over land controlled by the Company and will be aggressively drilled to test the limits of the resource. The Company’s other known resource on the Hermosa Project is the Central Deposit, a silver-manganese manto oxide project.