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. has closed the first tranche of its private placement, raising CAD$1 million by issuing 3.33 million units at CAD$0.30 per unit. Each unit includes one common share and one warrant, priced at CAD$0.40, valid for two years. The financing has been upsized due to high investor interest. Proceeds will support exploration at the Cervantes and Tombstone properties in Mexico and Arizona, respectively. The securities are subject to a four-month hold period, ending March 1, 2022, pending final acceptance from the TSX Venture Exchange.
Aztec Minerals Corp. (TSXV:AZT)(OTCQB:AZZTF) has initiated a CAD$1.05 million non-brokered private placement financing, issuing 3.5 million units at CAD$0.30 each. Each unit includes one common share and a warrant for an additional share at CAD$0.40 over two years. The funds will support exploration of the Cervantes and Tombstone projects in Mexico and Arizona. The placement is pending regulatory approval and the securities issued are subject to a four-month hold period under Canadian securities laws.
Aztec Minerals Corp. has completed its 2021 Phase 2 RC drill program at the Tombstone project, which included 23 holes totaling 2,716 meters. The final five drill holes confirmed and expanded high-grade, near-surface oxidized gold-silver mineralization below the Contention pit, with significant intercepts including 2.44 grams per tonne (gpt) gold and 66.56 gpt silver over 65.5 meters. The results indicate that mineralization remains open in all directions, prompting the company to consider a Phase 3 core drill program aimed at extending mineralization up to 200 meters and testing deeper targets.
Aztec Minerals Corp. has reported results from its 2021 Phase 2 drilling program at the Tombstone project in Arizona. A total of 23 holes were drilled, with the last four (TR21-15 to 18) confirming extensive, high-grade oxidized gold-silver mineralization below the Contention Pit. Significant intersections include 1.73 gpt gold and 56.2 gpt silver (2.53 gpt AuEq) over 64 m in hole TR21-17. All four holes reached mineralization, extending known zones at depth and horizontally. The ongoing exploration targets further mineral expansions with assays pending for more holes.
Aztec Minerals Corp. (TSXV:AZT)(OTCQB:AZZTF) reports results from four additional drill holes (TR21-11 to TR21-14) at its Tombstone project, confirming high-grade, near-surface oxidized gold-silver mineralization. The completed 23-hole program revealed significant findings, with TR21-13 achieving 1.8 gpt gold and 36.9 gpt silver over 70.1 meters. The drilling indicates continuity of mineralization both along strike and at depth, remaining open in all directions. The company aims to further explore the potential for a substantial bulk tonnage, epithermal gold-silver vein deposit.
Aztec Minerals Corp. (OTCQB: AZZTF) and Kootenay Silver Inc. reported new gold-copper-molybdenum anomalies at the Cervantes Property in Sonora, Mexico. The 2021 Phase 1 exploration identified four targets, including the new Estrella Norte. Highlights include rock sampling assays returning up to 21.3 gpt gold and soil samples up to 3.60 gpt gold. A planned Phase 2 drilling program will target open pit and deeper mineralization, spanning 5,000 m in 22 holes set to begin in Q4 2021, pending funding.
Aztec Minerals Corp. (TSX-V:AZT)(OTCQB:AZZTF) announced successful results from five additional drill holes in its ongoing Phase 2, 20-hole, 2,900-meter program at the Tombstone project. All holes encountered near-surface oxidized gold-silver mineralization, with significant intersections reported. Highlights include hole TR21-10 yielding 1.39 gpt gold and 56.40 gpt silver over 96.04 meters. The ongoing program aims to expand known mineralization zones and verify historical data for future resource estimates, indicating strong geological continuity and potential for further discovery.
Aztec Minerals (TSXV: AZT, OTCQB: AZZTF) will present live at VirtualInvestorConferences.com on July 29 at 1:00 PM ET. The event will feature Simon Dyakowski, President & CEO, providing insights into the company's operations, including its Cervantes gold-copper property in Sonora, Mexico, and the Tombstone silver-lead-zinc project in Arizona. Investors can interact and ask questions during the presentation. Archived webcasts will be available for those unable to attend live. Pre-registration is recommended for smooth participation.
Aztec Minerals Corp. (TSXV:AZT)(OTCQB:AZZTF) has announced positive assay results from the first five holes of its 2021 Phase 2 drilling program at the Tombstone project, confirming and expanding oxidized gold-silver mineralization. Highlights include intersections of 5.713 gpt gold and 40.5 gpt silver, and 19 gpt gold and 37.1 gpt silver across significant intervals. The program has completed 12 holes so far, with results indicating broad mineralized zones and potential for further expansion. The drilling continues to demonstrate geological similarities to historic mineralization, with future results pending.
Aztec Minerals Corp. (OTCQB: AZZTF) will present live at VirtualInvestorConferences.com on May 5, 2021, at 1:00 PM ET. The company focuses on the Tombstone Project in Arizona and the Cervantes Project in Mexico, emphasizing gold and copper exploration. Investors can ask questions in real-time or access an archived webcast later. Aztec holds a 75% interest in the Tombstone Property Joint Venture and targets gold-silver oxide mineralization in the Tombstone area. For more information, visit www.virtualinvestorconferences.com.