Aztec Minerals Stock Price, News & Analysis

Aztec Minerals Corp. (TSXV:AZT)(OTCQB:AZZTF) has appointed Allen David V. Heyl as Vice President, Exploration. With over 38 years in the mining industry, Heyl's expertise includes mineral exploration and resource evaluation, having contributed to the discovery of over 30 million ounces of gold and 25 million tonnes of copper. The company has also granted 1.015 million stock options to incentivize consultants, management, and directors, aimed at enhancing shareholder value. A webinar is scheduled for April 21, 2021, to discuss upcoming exploration programs.

Aztec Minerals Corp. (TSXV:AZT, OTCQB:AZZTF) has announced the acquisition of two patented claims, Morning Star and Wide West, totaling 15.2 hectares (37.5 acres), expanding the Tombstone Joint Venture land package to 434.4 hectares (1,073.4 acres). This acquisition enhances exploration potential in the historic Tombstone Silver District in Arizona. The claims feature historic mine shafts and are free from royalties or work commitments. Aztec is set to initiate a 20-hole, 10,000-foot drill program shortly. CEO Simon Dyakowski also noted management changes with the resignation of Joey Wilkins.

Aztec Minerals Corp. (OTCQB: AZZTF) has announced a CAD$1.51 million two-phase exploration program for the Tombstone Property in Cochise County, Arizona. The joint venture with Tombstone Partners aims to expand gold-silver mineralization around the Contention open pit and to explore deeper targets. Phase 2a, starting in April, involves a CAD$639,000, 20-hole drilling program designed to follow up on promising results from 2020. Depending on the outcomes, a Phase 2b drill program may start in Q3 2021, targeting significant conductive anomalies and historical drilling results.

Aztec Minerals Corp. (TSXV:AZT)(OTCQB:AZZTF) and Kootenay Silver Inc. have launched the 2021 exploration program at the Cervantes Porphyry Gold-Copper Property in Sonora, Mexico. This initiative, approved by the joint venture's Management Committee, will involve a +500 soil sample program across 518 hectares. The project is strategically located within the Laramide porphyry copper belt and is near several significant mining sites. All sampling procedures will adhere to strict QA/QC controls, with analysis conducted by Bureau Veritas Minerals in Hermosillo.

Aztec Minerals Corp. (OTCQB:AZZTF) has entered a 75/25 joint venture with Tombstone Gold & Silver Inc. and Tombstone Resources Inc. for the Tombstone Property in Cochise County, Arizona. This property encompasses the historic Contention mine and other prospects. Aztec acquired its 75% interest by spending CAD$1 million on exploration and issuing 1 million shares. The joint venture will focus on further exploration, with a goal to advance the project in 2021, following promising drill results from the previous year.

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.