Results for Hole CAL22-018, an attempted 500 metre deep probe to test the large IP chargeability anomaly of the California zone, reached a total depth of 264.48 m before caving. It penetrated the near surface oxide Au-Cu mineralization and transitioned into a higher sulfide-silica alteration zone with significantly higher Mo and Cu values. This sulfide zone corresponds well with the top of large, strong IP chargeability [...]
Aztec Minerals Corp. announces that it has closed its oversubscribed CAD$3.4 million non-brokered private placement equity financing. The private placement consisted of 11.4 million units priced at CAD$0.30 per unit for gross proceeds of CAD$3.4 million . The Offering was first announced in the Company's press release dated May 16, 2022 for gross proceeds of up to CAD$3 million. Each unit consisted of one common share in [...]
Aztec Minerals Corp. has arranged a non-brokered private placement to raise proceeds of up to CAD$3.0 million . As part of the Offering, the Company announces that Alamos Gold Inc. has indicated that it intends to purchase securities under the Offering to obtain a 9.9% interest in the Company upon completion of the Offering. The Company intends to issue up to 10.0 million units at a price of CAD$0.30 per Unit for gross [...]
Widespread Visible Copper Mineralization With Quartz Feldspar Porphyry Intrusion in RC Drill Hole at Jasper Target 600 m West of California Zone at Cervantes Initial gold results for Hole CAL22-017, a 350 metre step-out from California zone to California North target, returned 24.3 m @ 0.32 gpT Au and 6.1 m @ 1.65 gpT Au with quartz feldspar porphyry intrusion Widespread visible copper mineralization with quartz feldspar [...]
Aztec Minerals Corp. announces that it continues to intersect broad well mineralized gold mineralization from the 2022 RC drill program at the California target on the Cervantes property located in Mexico. Results for hole CAL22-012 returned 152.4 m grading 0.87 gpT Au including 33.5 m grading 2.05 gpT Au. California Zone Drill Highlights 0.43 gpT Au over 132.2 m in mineralized quartz feldspar porphyry and hydrothermal [...]
Aztec Minerals Corp. announces that it has continued to intersect both broad and high grade gold mineralized zones from the 2022 RC drill program at the California target on the Cervantes property located in Sonora. California Zone Drill Highlights 0.884 gpt Au over 54.7 m in mineralized quartz feldspar porphyry and hydrothermal breccias, including 13.7 m of 1.965 gpt Au in CAL22-008, located at the southern edge of the [...]
Aztec Minerals Corp. announces that its common shares traded in the United States under the symbol AZZTF on the OTCQB are now Depository Trust Company eligible. DTC, a subsidiary of the Depository Trust & Clearing Corporation, manages the electronic clearing and settlement of publicly-traded companies. Securities that are eligible to be electronically cleared and settled through DTC are considered "DTC eligible". This [...]
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 [...]