Arizona Mining steps out to new zone at Taylor deposit - HDS-344 intersects 39 feet grading 7.5% zinc, 9.4% lead and 2.4 opt silver

VANCOUVER, June 28, 2016 Arizona Mining Inc. (TSX:AZ.TO - News) ("Arizona Mining" or the "Company") is pleased to announce the results of two step-out exploration drill holes targeting the expansion of the Taylor Zn-Pb-Ag sulfide deposit located on its 100% owned Hermosa Project in Santa Cruz County, Arizona USA.
 
Both holes are significant expansions to the maiden resource announced on February 1, 2016 (39.4 M inferred tonnes grading 11% zinc equivalent) in addition to the recently announced HDS-338 step-out hole that intersected 101.5 feet (30.9 m) grading 18.7% Pb+Zn and 6.1 opt Ag and HDS-339 that intersected 108.0 feet (32.9 m) grading 31.3% Pb+Zn and 5.5 opt Ag (see May 5, 2016 press release).
 
HDS-344 represents a 1060 foot (323 m) step out from the northeastern extent of the previously reported resource area (HDS-336).  This drill hole intersected seven zones of mineralization including 107 feet (32.6 m) grading 4.62% zinc, 5.45% lead, 0.04% copper and 2.55 opt Ag, which included an interval of 39 feet (11.9 m) grading 7.48% zinc, 9.41% lead, 0.03% copper, and 2.36 opt silver.
Read more: Arizona Mining Inc ( AZ )

Turquoise Hill Provides Update on Progress Toward Underground Construction

VANCOUVER, BC--(June 07, 2016) -Turquoise Hill Resources today provided an update on progress toward the start of underground construction, including project finance drawdown and the signing of an engineering, procurement and construction management (EPCM) contract.
 
Project finance drawdown
 
Oyu Tolgoi has drawn down approximately $4.0 billion of the project finance facility that was signed in December 2015 and provided by a syndicate of international financial institutions, export credit agencies representing the governments of Canada, the United States, and Australia as well as 15 commercial banks. Steps are being taken to finalize the drawdown of the additional $0.4 billion and are expected to be largely complete in the coming weeks. As part of the project finance facility, a debt cap of $6.0 billion for Oyu Tolgoi was agreed, which provides the possibility for an additional $1.6 billion of supplemental debt in the future.
Read more: Turquoise Hill Resources ( TRQ )

Arizona Mining Continues Expansion of Taylor Deposit- Intersects 85 Feet of 9.4% Zinc, 12.8% Lead and 3.92 Opt Silver- More Drill Rigs Added

VANCOUVER, June 8, 2016  -Arizona Mining Inc. (TSX:AZ.TO - News) ("Arizona Mining" or the "Company") is pleased to announce the results of three new exploration drill holes targeting the expansion of the  Taylor Zn-Pb-Ag sulfide deposit located on its 100% owned Hermosa Project in Santa Cruz County, Arizona USA. (Photo: http://photos.prnewswire.com/prnh/20160608/376992-INFO)
 
All holes are significant expansions to the maiden resource announced on February 1, 2016 (see Map attached).
HDS-346 intersected several zones of mineralization including 183 feet of 6.2% zinc, 7.6% lead, 0.05% copper and 2.29 opt silver, which included an interval of 85 feet of 9.4% zinc, 12.8% lead, 0.09% copper, and 3.92 opt silver. This drill hole represents a 500 foot step out from the northwestern extent of the previously reported resource area. 
 
HDS-342 encountered 14 individual zones of mineralization including 47.5 feet of 14.1% zinc, 10.1% lead, 0.86% copper and 3.59 opt silver and another of 50.5 feet of 7.8% zinc, 5.7% lead, 0.20% copper and 2.11 opt silver. This hole is an angle hole that targeted the southern limits of mineralization as it extends to the southwest from the main portion of the resource block. 
Read more: Arizona Mining Inc ( AZ )

Tinka extends zinc, tin, copper mineralization at Ayawilca

New drill intercepts include 10 metres at 5.9% zinc & 119 g/t indium in A15-38, and 50 metres at 0.52% tin & 0.25% copper in A15-39
 
VANCOUVER, Sept. 29, 2015 - Tinka Resources Limited ("Tinka" or the "Company") (TSXV: TK) (OTCPK: TKRFF) is pleased to announce results for the first seven holes of its ongoing 2015 drill program at the Ayawilca project, central Peru.  These new drill results continue to show the outstanding zinc, tin, and copper potential and the large scale of the Ayawilca discovery. 
All holes in the current program are step-out holes drilled beyond the limits of the Inferred Mineral Resources (13.3 million tonnes grading 7.7% zinc equivalent;  PR February 26, 2015).  Significant zinc mineralization has been intersected in six out of the first seven drill holes and remains open to the east, south, and north.  
Read more: Tinka Resources Limited ( TK )

Ivanhoe Mines Announces a Positive Preliminary Economic Assessment for the Redevelopment of the Kipushi Zinc-Copper Project in the Democratic Republic of Congo

Preliminary mine redevelopment plan focuses on Kipushi's Big Zinc Zone and includes a two-year construction period and life-of-mine average annual production rate of 530,000 tonnes of zinc concentrate Kipushi's Big Zinc Zone has an estimated 10.2 million tonnes of Measured and Indicated Mineral Resources grading 34.9% zinc Post-tax NPV of US$533 million and 31% IRR Successful planned restoration of production would make Kipushi the world's highest grade major zinc mine

Read more: Ivanhoe Mines ( IVN )