Aztec Minerals announces that, subject to the approval of the TSXV, it will extend the expiry date of certain outstanding share purchase warrants of the Company. A total of 11,388,089 share purchase warrants were originally issued by the Company pursuant to the closing of a private placement on June 6, 2022. As issued, each Warrant entitles the holder to purchase one common share of the Company at a price of $0.40 per [...]
Aztec Minerals announces that recent field work and review of historical data at the Tombstone Project has identified the Westside area as a high potential target for shallow gold-silver mineralization, almost doubling the project's potential gold-silver oxide mineralization footprint near to the historic Contention Pit. In 2023, the Tombstone JV acquired the Westside patented claim which is longitudinally astride the [...]
Aztec Minerals provides an update on the gold-silver exploration program at Tombstone Project. The Company has reviewed the previous drilling and surface exploration results, and now is developing, with multi-disciplinary methods and studies, the definitions for new drilling targets to continue the expansion of the project's gold-silver oxide mineralization footprint near to the historic Contention Pit. From that, the [...]
Aztec Minerals announces the final results of Au and multi-element analysis for its 2023 RC drill program at the Cervantes project. The RC drill program comprised 1,646 m in 13 RC drill holes testing the California porphyry gold target located in the district of Soyopa. Total drilling by Aztec Minerals on the Cervantes project since 2016 now totals 67 drill holes and 12,134m. The California target of near surface, oxide [...]
Aztec Minerals announces that it has closed a non-brokered private placement of 7,333,333 units at a price of CAD$0.15 per Unit for aggregate gross proceeds of CAD$1,100,000. Each Unit is comprised of one common share of the Company and one transferable common share purchase warrant. Each Warrant is exercisable to purchase one common share of the Company at a price of CAD$0.225 per share for a period of three years from [...]
The remaining 10 Reverse Circulation drill holes from the California Zone all intersected broad oxidized near surface gold mineralization. All 13 step out drill holes of the recently completed program expanded the California zone gold mineralization in multiple directions. Step out drilling has grown the area of demonstrated Au mineralization of the California zone to 1,000m East-West. The 2023 exploration program was [...]
The first three Reverse Circulation drill holes from California Zone all intersected broad oxidized gold mineralization close to surface 2023 Step out RC drilling program was designed to expand the California gold mineralization zone in multiple directions Step out drilling is confirming and expanding the footprint of the California mineralized porphyry intrusive complex and within the adjacent sediments, both reporting [...]
Aztec Minerals Corp. provides shareholders with the following review of 2023 and its outlook for 2024. Aztec's core assets include a 100% interest in the Cervantes porphyry gold project in Sonora, Mexico and a 75% JV interest in the historic Tombstone silver district in Southeastern Arizona. Simon Dyakowski, President & CEO of Aztec, commented, "Aztec Minerals significantly advanced each of our emerging discovery stage [...]
Aztec Minerals announces the appointment of Blaine Bailey as CFO and Priscilla Ikani as Controller. Mr. Bailey is a Chartered Professional Accountant, CGA working with public and private companies listed on the TSX, TSXV and NYSE over the past 20 years. He brings complementary skills to the team in areas of finance, administration, and financial reporting. Mr. Bailey received his Bachelor of Commerce degree from the [...]
Aztec Minerals Corp. announces the completion of 13 reverse circulation "RC" holes totaling 1,646 meters at its 100% owned Cervantes project in Sonora, Mexico. The RC drilling program was increased from an originally planned 11 holes and RC chip logging of the 13 completed holes indicate favorable geology to support potential expansion of the gold zone mineralization in the vicinities of the area previously drilled . The [...]
Aztec Minerals Corp. announces that the first 7 holes totaling 963.2 meters of the proposed 1,650m, 11-hole reverse circulation "RC" drilling program have been completed at its 100% owned Cervantes project in Sonora, Mexico. RC chip logging of the 7 holes indicate favorable geology to support potential expansion of the gold zone mineralization in the vicinities of the area previously drilled . The initial 7 holes were [...]
RC drilling expansion program commences at Cervantes California zone target. Previous drilling at the California zone returned 1.5gpt gold over 137m and 1.0 gpt gold over 165m. Aztec Minerals Corp. announces that reverse circulation "RC" drilling has commenced at its 100% owned Cervantes porphyry gold-copper project in Sonora, Mexico. Aztec plans to drill over the next two months to expand the main California zone target [...]