(
2020 Highlights
- Conducted an AMT (audiomagnetotellurics) geophysical survey over high priority CRD targets at Tombstone and successfully identified conductive bodies underlying the property.
- Staked and acquired additional claims bringing the overall total land package at Tombstone to 1,004.7 acres (402.5 hectares)
- Completed a 2,993 meter Phase 1 RC drill program that successfully outlined the potential for a shallow oxide gold silver deposit at the Contention open pit, with 19 of 21 holes intersecting significant near surface oxide gold-silver mineralization
- Spent sufficient funds to earn our 75% interest in Tombstone
- Higher grade intervals include 6.18 grams per tonne (gpt) gold and 77.2 gpt silver or 7.15 gpt gold equivalent (AuEq) using an 80:1 silver:gold ratio over 15.14 meters (m)in hole TR20-09 and 4.18 gpt gold plus 174.2 gpt silver or 6.36 gpt gold equivalent over 7.62 m in hole TR20-18
- Thicker mineralized intervals include 140.21 m grading 0.38 gpt Au and 19.3 gpt Ag (0.62 gpt AuEq) in hole TR20-17 and 82.30 m assaying 0.74 gpt Au and 23.8 gpt Ag (1.03 gpt AuEq) in hole TR20-20.
- Conducted surface sampling on historic mine dumps and outcrops west of the
- Formed a 65/35 joint venture on the
- Completed additional IP-resistivity survey to better define new targets
- Geological mapping, geochemical sampling and geophysical surveying have identified 11 targets in total of which 7 are in preparation for drilling.
- Our first drill campaign three years ago successfully and partially outlined an oxide gold cap to a significant new porphyry gold (copper) discovery at the
Corporate
- Retained
- Closed a private placement for
- Closed an over-subscribed
- Appointed
- Received
2021 Outlook
- Finalize the 75/25 Joint Venture Agreement for
- Complete Phase 2 RC drill program targeting shallow epithermal oxide gold and silver at Tombstone
- Complete Phase 3 core drill program to target deeper CRD (carbonate replacement deposits) lead-zinc-silver-copper-gold mineralization in Paleozoic limestone underlying the Tombstone property
- Extend detailed geologic, structural, and alteration mapping and sampling at the Purisima West, Estrella, Jacobo,
Plan and permit a substantial Phase 1 RC drilling program on the
- Seek additional opportunities in safe jurisdictions within the
"Simon Dyakowski"
About
Contact Information - For more information, please contact:
Tel: (604) 619-7469
Fax: (604) 685-9744
Email: simon@aztecminerals.com
Website: www.aztecminerals.com
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
Forward-Looking Statements:
Certain statements contained in this press release may constitute forward-looking statements under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "expects" or "it is expected", or variations of such words and phrases or statements that certain actions, events or results "will" occur. These forward-looking statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements, except as may be required by applicable securities laws.
.
(C) 2021 M2 COMMUNICATIONS, source