Aztec Minerals Corp. announces that it has closed its oversubscribed, non-brokered private placement financing of units of the Company, originally announced in Aztec's news release dated June 11, 2019. The Private Placement included subscriptions from insiders, shareholders of the Company and sophisticated investors. The Company issued an aggregate of 3.9 million Units at a purchase price of CAD$0.12 per Unit for gross [...]
Drillhole TR24-13 intersected 24.4m of 106.24 gpt AgEq within a broader zone of 85.4m averaging 47.31 gpt AgEq at shallow depth Several drillholes in the first pass test of the Westside Target Area confirmed significant Silver-Gold oxide mineralization intersections for the geologically diverse, January 22, 2025 - Aztec Minerals Corp. announces initial results from first pass drilling at the Westside Target Area of the [...]
DH TR24-10 intersected 9.2m of 5.93 gpt AuEq within broader zone of 88.1m averaing 1.02 gpt AuEq at shallow depth DH TR24-07 intersected wide mineralized zone with 0.39 gpt AuEq over 146.3 m ; including 1.94 gpt AuEq over 13.7m 17 RC holes have now been drilled and the program completed with additional results pending release over the next several weeks The 2024 drill program has successfully expanded the footprint of the [...]
Aztec Minerals provides shareholders with the following review of 2024 and its outlook for 2025. Aztec's core assets include a 100% interest in the prospective Cervantes porphyry gold-copper project in Sonora, Mexico and a 77.7% JV interest in the historic Tombstone silver district in Southeastern Arizona. Simon Dyakowski, President & CEO of Aztec, commented, "Aztec had a busy 2024 advancing both of our emerging precious [...]
DH TR24-05 intersected 0.60 gpt AuEq over 114.3 m; including 1.99 gpt AuEq over 10.7m 15 RC holes have now been drilled with additional results pending release over the next several weeks The 2024 drill program continues to test step out and first pass targets primarily west of the historic Contention Open pit target zone. Aztec Minerals announces that the ongoing 2024 drilling program at the Tombstone Property in [...]
Aztec Minerals announces that the ongoing 2024 drilling program at the Tombstone Property in Southeastern Arizona has intersected broad gold-silver oxide mineralized zones in its first two step out RC drill holes in the Contention Open Pit target area. Results for hole TR24-01 intersected 103.6 m at 0.75 gpt AuEq; including 15.3 m at 3.11 gpt AuEq. Hole TR24-02 intersected 0.19 gpt Au and 8.34 gpt Ag over 149.4m. The [...]
Aztec Minerals Corp. announces that reverse circulation drilling has commenced at its Tombstone project covering much of the historic Tombstone gold-silver district located in Cochise County, Arizona. The step-out drilling program underway is targeting shallow zones identified as prospective for high-grade oxide gold-silver mineralization associated with recently completed surface exploration results and 3D geological [...]
Aztec Minerals announces it has granted an aggregate of 1.575 million stock options to directors, management, and consultants of the company as an incentive to create shareholder value, pursuant to the terms of the company's stock option plan. The stock options are exercisable to acquire common shares at an exercise price of $0.20 per common share for a term of five years, subject to certain vesting provisions. Aztec is a [...]
Aztec Tombstone Property JV interest increased to 77.7% 12 hole, September 3, 2024 - Aztec Minerals Corp. and Dragoon Resources LLC plan a CAD$900,000 exploration program commencing in September 2024 for the Tombstone Property located in Cochise County, Arizona. The exploration and drilling program will target shallow zones identified as prospective for high-grade silver-gold mineralization, resulting from the recently [...]
Aztec Minerals Corp. announces that it has strengthened its technical advisory board with the appointment of Marcio Fonseca as Strategic Advisor to Aztec. Marcio Fonseca, P.Geo is a highly regarded mining executive with an M.Sc. in Mineral Project Appraisal from the Imperial College, UK and a Specialization In Economic Engineering . Mr. Fonseca has 30+ years of professional experience across multiple commodities and [...]
Aztec Minerals Corp. announces the closing of its previously announced non-brokered private placement financing, consisting of 14,306,171 units of the Company at a price of C$0.18 per Unit for aggregate gross proceeds of C$2,575,110.78 . Each Unit consists of one common share in the capital of the Company and one-half of one Share purchase warrant . Each whole Warrant entitles the holder thereof to purchase one Share at [...]
Aztec Minerals Corp. is pleased to announce that it is amending the terms of its non-brokered private placement financing, previously announced on July 16, 2024 and July 18, 2024, for up to 14,444,444 units of the Company at a price of C$0.18 per Unit for aggregate gross proceeds of up to C$2,600,000, increased from C$2,500,000 . Each Unit will consist of one common share in the capital of the Company and one-half of one [...]
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