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Aztec Minerals Corp. reports exploration and technical developments for precious-metals projects in North America. The company’s recurring news centers on drilling, assay results and target expansion at the 85%-owned Tombstone Project in southeastern Arizona, where updates discuss oxide gold-silver mineralization in areas such as Contention and Westside. News also covers the 100%-owned Cervantes Project in Sonora, Mexico, along with mineral resource estimate work, NI 43-101 technical reporting and participation in mining-industry events.
Aztec Minerals Corp. (TSXV:AZT)(OTCQB:AZZTF) announced positive initial results from its Phase 1 drilling program at the Tombstone project, confirming gold and silver mineralization near the Contention pit. Highlights include hole TR20-02, which returned 0.94 gpt gold and 42.1 gpt silver over 77.72 meters, and TR20-03 with 0.77 gpt gold and 25.2 gpt silver over 97.53 meters. All four holes drilled intersected significant mineralization, supporting historic drill results from 1993. The ongoing drilling program aims to explore for bulk tonnage, heap-leachable mineralization underneath the pit.
Aztec Minerals Corp. (TSXV:AZT)(OTCQB:AZZTF) announced promising results from its Phase 1 drilling program at the Tombstone project, confirming gold and silver mineralization. Four holes were drilled near the Contention pit, with hole TR20-02 yielding 0.94 gpt gold and 42.1 gpt silver over 77.72 meters (1.60 gpt AuEq). Another hole, TR20-03, returned 0.77 gpt gold and 25.2 gpt silver over 97.53 meters (1.07 gpt AuEq). The ongoing drilling program aims to explore further mineralization in the region, with significant results anticipated from additional holes.
Aztec Minerals Corp. (TSXV:AZT)(OTCQB:AZZTF) has reached an agreement to acquire two patented claims totaling 8.58 hectares and staked 17 new unpatented claims at the historic Tombstone Silver District in Arizona. This acquisition expands the Tombstone project footprint by approximately 88%, increasing it from 400 acres to 755 acres. The purchase price for the patented claims is USD $37,000, with a 120-day due diligence period before closing. Currently, Aztec is conducting a 2,900-meter drilling program at the site to explore gold-silver mineralization.
Aztec Minerals Corp. has completed the first five holes of its 20-hole Phase 1 reverse circulation drilling program at the Tombstone Property in Arizona, totaling 843 meters. This program aims to investigate shallow, bulk tonnage, heap-leachable gold-silver mineralization. Initial drilling intersected old mine workings, oxidized and hematite-rich breccias, and quartz-carbonate alteration structures. Results from the drilling samples are expected in three weeks. Additionally, Aztec has engaged Commodity-TV and Rohstoff-TV to enhance its investor relations for a three-month period.