Arizona Mining finalizes acquisition of Hermosa Project


Arizona Mining Inc. recently said it has acquired the remaining 20 percent of Tucson-based Arizona Minerals Inc. shares it did not own.  

Arizona Mining Inc. recently said it has acquired the remaining 20 percent of Tucson-based Arizona Minerals Inc. shares it did not own and now owns 100 percent of the Hermosa Project as well as the Taylor Deposit.

Arizona Mining Inc., a Canadian mineral exploration and development company, is dedicated to exploring and developing the Hermosa Project, based in Santa Cruz County, Arizona.

The Taylor Deposit is a lead-zinc-silver carbonate replacement deposit.

The Taylor Deposit is open to the west, north, and south over land which the company now controls. Arizona Mining intends to aggressively mine the deposit to discover the limits of the natural resource.

Most recently, Arizona Mining finished its metallurgical test work using a drill core at the Taylor Deposit projects. 

Arizona Mining also has the Central Deposit, another part of the Hermosa property. This silver-manganese manto oxide development project last had a prefeasibility study finished in December 2013.

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