Aztec Minerals Corp. announces that it has intersected the best hole yet from the 2022 RC drill program at the California target on the Cervantes property located in Mexico. Results for hole CAL22-005 returned 136.8 metres grading 1.486 gpt Au including 51.7 m grading 3.424 gpt Au. California Zone Drill Highlights 1.486 gpt Au over 136.8 m in mineralized quartz feldspar porphyry and hydrothermal breccias, including 51.7 [...]
Aztec Minerals Corp. announces that it continues to intersect broad, high grade, gold mineralization in the 2022 RC drill program at the California target on the Cervantes property located in Sonora. Results for hole CAL22-004 returned 167.2 m grading 1.002 gpt Au including 24.4 m grading 4.247 gpt Au. The primary focus of the Phase 2 RC drill program at Cervantes is to expand the previously drilled California zone by [...]
Aztec Minerals Corp. announces it has intersected a broad, high grade, gold mineralized zone in the first RC drill hole at the California target on the Cervantes property located in Sonora. Results for hole CAL22-001 includes 88.41 metres with grades of 1.1 gpt Au. The primary focus of the Phase 2 RC drill program at Cervantes is to expand the previously drilled California zone by completing two drill hole fences parallel [...]
Aztec Minerals Corp. announces that the Aztec-Kootenay JV has completed the first 14 holes totaling 2,810.6 m of the current 5,000 m, 22-hole Phase 2 reverse circulation drill program at the Cervantes Property in Mexico. Drilling commenced in December 2021, took a Christmas break, and resumed in January. Drill samples were shipped to the Bureau Veritas Minerals laboratory in Hermosillo for geochemical analysis and results [...]
Aztec Minerals provides shareholders with the following review of 2021 and its outlook for 2022. Aztec's core assets include a 75% interest in the historic Tombstone silver district, Arizona and a 65% interest in the prospective Cervantes porphyry gold-copper project in Mexico. Bradford Cooke, Chairman and Founder of Aztec, commented, "Aztec Minerals enjoyed a busy year in 2021, highlighted by the formation of a 75/25 [...]
Aztec Minerals Corp. and Kootenay Silver Inc. announce that reverse circulation drilling has commenced at the Cervantes porphyry gold-copper property in Sonora. The JV plans to drill a 22 hole, 5,000 m reverse circulation drill program over the next three months to test four main targets. View: Cervantes Proposed Phase 2 RC Drilling Plan At the California target, where Aztec previously discovered extensive oxide porphyry [...]
Aztec Minerals Corp. summarizes the results of its recently completed 2021, Phase 2, 23-hole, 2,716 m reverse circulation drill program on the Tombstone project which covers most of the historic Tombstone silver mining district in southeastern Arizona. Every one of the 23 drill holes intersected shallow oxidized gold-silver mineralization over substantial widths, thirteen drill holes crossed old tunnels where presumably [...]
Aztec Minerals Corp. announces that it has closed the final tranche of its oversubscribed CAD$1.6 million private placement equity financing. The final tranche of the private placement consisted of 1.9 million units priced at CAD$0.30 per unit for total proceeds of CAD$575,000. Each unit consists of one common share in the capital of the company and one warrant which is exercisable to purchase an additional common share [...]
Aztec Minerals Corp. and Kootenay Silver Inc. announce the approval of a 22 hole, 5,000 meter reverse circulation drilling program at the Cervantes porphyry gold-copper property in Sonora, Mexico. Aztec and Kootenay recently formed a 65/35 joint venture and the JV Management Committee met this week to review and approve the Phase 2 drill program which follows up on the results of the recently completed 2021 Phase 1 [...]
Aztec Minerals Corp. announces that it has closed the first tranche of its recently announced private placement equity financing . The first tranche of the Private Placement consisted of 3.33 million units priced at CAD$0.30 per unit for total proceeds of CAD$1 million. The financing was previously announced by Aztec in a press release dated October 7, 2021 for gross proceeds of CAD$1.05 million. Each Unit consisted of [...]
Aztec Minerals Corp. has arranged a CAD$1.05 million non-brokered private placement financing. Finders fees may be payable in cash and / or warrants on certain portions of the financing, subject to regulatory approvals. The Company has agreed to issue 3.5 million units at a price of CAD$0.30 per Unit for gross proceeds of CAD$1.05 million. Each Unit consists of one common share in the capital of the Company and one [...]
5 more holes drilled under the north and north-central Contention pit confirm and expand the high grade, near surface, oxidized gold-silver mineralization 23-hole program final results continue to expand the width and length of mineralization below the Contention Pit Aztec Minerals Corp. reports assay results for the final five holes, TR21-19 to 23, from its now completed 2021, Phase 2, 23-hole, 2,716 metre reverse [...]