Aztec Minerals (TSXV: AZT) continues to see success from its exploration program at its Cervantes property in Sonora, Mexico. The latest results, released this morning, come from the California target and follow on the first results released two weeks ago, which saw the company intersect 1.1 g/t gold over 88.41 metres.
A total of three holes drilled at the California target saw assays released this morning, all of which intersected significant widths of mineralization. All holes assayed to date at the target have intersected near surface gold mineralization. The latest highlights include:
- CAL22-002: 0.374 g/t gold over 99.1 metres
- CAL22-003: 0.451 g/t gold over 45.7 metres, including 0.868 g/t gold over 13.7 metres
- CAL22-004: 1.002 g/t gold over 167.2 metres, including 4.247 g/t gold over 24.4 metres
Results released this morning expanded the known mineralized zone both at depth, as well as to the north, south, and west via the three separate holes. Mineralization has now been identified as being continuous to a depth of 265 metres vertically over an area spanning 900 metres long by up to 500 metres wide.
“The 2022 RC drill program at the California zone, where we are targeting potential open pit heap leachable gold mineralization, continues to return strong gold grades over broad widths and has further expanded the gold mineralized zone to the west and south, still open in all directions including at depth,” said CEO Simon Dyakowski on the results.
The company this morning also indicated that it has now completed its phase 2 drill program at Cervantes. The program as a whole saw 4,649 metres drilled in aggregate across 26 drill holes. The firm is now slated to begin conducting geologic mapping and channel sampling of new drill roads at California, California North, and Jasper.
Aztec Minerals last traded at $0.29 on the TSX Venture.
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