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. 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) 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.
Aztec Minerals Corp. has announced the commencement of a 22-hole, 5,000-meter reverse circulation drilling program at the Cervantes porphyry gold-copper property in Sonora, Mexico. The drilling will target four main areas, particularly the California site, where previous drilling indicated 0.77 gpt gold over 160 meters. This program aims to expand the understanding of gold-copper mineralization and assess deeper potential. The Cervantes property spans 3,649 hectares, strategically located within Mexico's renowned Laramide porphyry copper belt.
Aztec Minerals Corp. (TSXV:AZT)(OTCQB:AZZTF) has completed its Phase 2 reverse circulation drill program at the Tombstone project, totaling 2,716 meters across 23 holes. All drill holes intercepted oxidized gold-silver mineralization, with notable results including hole TR21-22, which reported 2.441 gpt gold and 66.56 gpt silver (3.392 gpt AuEq) over 65.5 meters. The mineralization remains open at depth and laterally. The company aims to further explore the region for additional mineral deposits, building on positive drill findings.
Aztec Minerals Corp. (AZZTF) has successfully closed the final tranche of an oversubscribed CAD$1.6 million private placement. This final tranche raised CAD$575,000 by issuing 1.9 million units at a price of CAD$0.30 each. Each unit includes one common share and a warrant for an additional share at CAD$0.40 until November 17, 2023. The funds will be allocated for exploration of the Cervantes project in Mexico and the Tombstone project in Arizona, as well as for general working capital. The placement is pending final acceptance by the Exchange.
Aztec Minerals Corp. and Kootenay Silver Inc. have approved a 22-hole, 5,000 meter reverse circulation drilling program at the Cervantes gold-copper property in Sonora, Mexico. The joint venture aims to test four key targets, starting in late November. Notable previous drill results include intercepts of up to 0.77 gpt gold over 160m. The program seeks to define the potential for open-pit heap leach gold and deep copper-gold porphyry mineralization. Aztec's CEO emphasized this program could help advance Cervantes towards an initial resource estimate.