Welcome to our dedicated page for Aztec Minerals news (Ticker: AZZTF), a resource for investors and traders seeking the latest updates and insights on Aztec Minerals stock.
Aztec Minerals Corp (OTCQB: AZZTF) generates a steady flow of technical and corporate news as it advances its North American exploration portfolio. Company releases focus heavily on the Tombstone gold-silver & CRD project in southeastern Arizona and the Cervantes porphyry gold-copper project in Sonora, Mexico.
Recent Tombstone updates describe multi-phase reverse circulation and core drilling in and around the historic Contention open pit, the Southern Extension, Westside and Head Center areas. Aztec reports broad intervals of oxidized silver-gold mineralization from surface or shallow depths, expansion of the mineralized footprint to the west, east, north and south, and ongoing testing of deeper carbonate replacement deposit targets guided by NSAMT geophysical anomalies. Surface channel sampling and detailed mapping at Tombstone are also regular subjects of news, providing additional context on near-surface oxide mineralization.
At Cervantes, news items highlight step-out drilling at the California zone, where Aztec reports that every hole except one has intersected near-surface oxidized gold mineralization with minor copper values. Updates cover expansion of the California zone in multiple directions, interpretation of multi-element geochemistry consistent with a porphyry system, and metallurgical test work on oxide gold mineralization.
In addition to project results, Aztec’s news flow includes financing announcements, such as private placements to fund exploration, and investor relations activities like conference presentations and virtual webinars. Investors following AZZTF news can use this page to review drilling results, exploration plans, technical interpretations and corporate developments that the company discloses over time.
Aztec Minerals Corp. has initiated a non-brokered private placement to raise up to CAD$3.0 million, with Alamos Gold Inc. intending to acquire a 9.9% interest in the company post-offering. The offering includes issuing up to 10 million units at CAD$0.30 each. Proceeds will fund exploration at the Cervantes project in Mexico and the Tombstone project in Arizona, alongside general working capital. The placement is subject to regulatory approval, and securities sold will have a four-month hold period.
Aztec Minerals Corp. announced positive drilling results from its Cervantes property in Mexico. Notably, hole CAL22-017 intersected 24.3 metres at 0.315 gpT Au, and JAS22-001 revealed 9.1 metres at 0.332 gpT Au with widespread visible copper mineralization. The ongoing RC drill program continues to expand the known mineralized zones, indicating potential for a significant porphyry deposit model. The program has recorded continuous mineralization up to 265 metres depth, reinforcing exploration interests in the California North and Jasper targets.
Aztec Minerals Corp. (TSXV:AZT)(OTCQB:AZZTF) reports significant gold intersections from the 2022 RC drill program at the California target, Cervantes property, Mexico. Notably, hole CAL22-012 yielded 152.4 meters at 0.87 gpt Au, including a higher-grade section of 33.5 meters at 2.05 gpt Au. The drilling program, now complete, confirms extensive gold mineralization over a 900-meter length and 250 to 500 meters wide, with results supporting the open pit heap leach potential of the project. The company also engaged Lakefront Enterprises for a marketing agreement valued at CAD$80,000.
Aztec Minerals Corp. (TSX-V:AZT)(OTCQB:AZZTF) reports promising results from its 2022 reverse circulation drill program at the California target, Cervantes property, Mexico. Key intersections include 0.884 gpt Au over 54.7 m in CAL22-008 and 0.50 gpt Au over 86.6 m in CAL22-009. The drill program has expanded the mineralized zone, now measuring approximately 900 m long by 250 to 500 m wide, with gold mineralization up to 265 m depth. Initial results from 12 additional drill holes are pending, indicating ongoing exploration potential.
Aztec Minerals Corp. (TSXV:AZT)(OTCQB:AZZTF) has announced that its common shares are now eligible with the Depository Trust Company (DTC) in the U.S. This eligibility allows for electronic clearing and settlement, improving trading efficiency and accessibility for investors. The DTC eligibility is expected to enhance visibility among U.S. shareholders and broaden the company's reach within the global investment community, facilitating a smoother trading experience.
Aztec Minerals Corp. (TSXV:AZT)(OTCQB:AZZTF) announced significant gold drilling results from the Cervantes project in Sonora, Mexico. Drill hole CAL22-005 revealed 136.8 meters at 1.486 gpt Au, including 51.7 meters at 3.424 gpt Au, marking the best gold intersection to date. The ongoing Phase 2 RC drill program has successfully expanded the mineralized zone, demonstrating strong grades and continuity. Future results from 15 additional drill holes are anticipated, enhancing the project's open-pit heap leach potential.
Aztec Minerals Corp. (OTCQB: AZZTF) reports continued high-grade gold mineralization from its Phase 2 RC drill program at the California target, Cervantes property, Sonora, Mexico. Latest results include 167.2 meters grading 1.002 gpt Au with 24.4 meters grading 4.247 gpt Au in drill hole CAL22-004. All drilled holes have intersected oxidized gold mineralization. The project is expanding, covering approximately 900 meters long by 250 to 500 meters wide with continuous mineralization up to 265 meters depth. Aztec aims to define potential open-pit heap leachable gold mineralization.
Aztec Minerals Corp. (TSXV:AZT)(OTCQB:AZZTF) announced significant results from its first RC drill hole at the California target within the Cervantes property in Sonora, Mexico. The hole CAL22-001 revealed 1.1 gpt Au over 88.41 metres, including 1.56 gpt Au over 54.9 metres. This marks a successful return to drilling after a four-year hiatus, targeting open pit gold mineralization. The drilling program aims to expand the known mineralized zone and explore additional targets. Preliminary assays from other holes are pending, further highlighting potential at Cervantes.
Aztec Minerals Corp. (TSXV:AZT, OTCQB:AZZTF) has successfully completed the first 14 holes of its Phase 2 drilling program at the Cervantes Property in Sonora, Mexico, totaling 2,810.6 meters. Commenced in December 2021, the program aims to define the gold potential of the property and discover deeper copper-gold mineralization. Initial drilling at Purisima East has intersected promising geological features, while the California target has shown significant gold-copper mineralization. Results are expected in upcoming weeks, with additional drilling planned for other targets.
Aztec Minerals Corp. shares its 2021 accomplishments and 2022 plans. Key highlights include the formation of a 75/25 Joint Venture for the Tombstone Project, completion of a successful 2,716-meter Phase 2 RC drill program, and a CAD$1.6 million financing. Future goals involve continuing exploration at both the Tombstone and Cervantes projects, with a focus on advancing to an initial resource estimate and exploring deeper high-grade polymetallic targets. The company aims to enhance shareholder value amid promising mineral discovery prospects.