Aztec Minerals Intersects 68.4 Metres Of 0.421 g/t Gold

Aztec Minerals (TSXV: AZT) continues to intersect gold mineralization at the Cervantes property under its phase two reverse circulation drill program. The program, which is now completed, drilled a total of 4,649 metres across 26 holes at the property.

Details on a total of four holes were released this morning, three of which came from the California target while one single hole came from the Jasper target. Long intersections continued to be made at California, with results being similar in nature to previously released drill data for the project.

Highlights from the latest results include:

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper Mines
  • CAL22-015: 0.421 g/t gold over 68.4 metres, 2.256 g/t gold over 10.6 metres
  • CAL22-016: 0.475 g/t gold over 56.2 metres
  • CAL22-017: 0.315 g/t gold over 24.3 metres, 1.649 g/t gold over 6.1 metres
  • JAS22-001: 0.332 g/t gold over 9.1 metres

The highlight hole from the results released this morning appears to be the hole conducted at Jasper, the first such hole under the program. While the company intersected 9.1 metres of 0.332 g/t gold, the most significant aspect of the whole appears to be that widespread copper oxides were visible in the core for over 150 metres of the core, although a copper content figure was not provided. The hole was conducted 600 metres to the west of the California target, and 180 metres from drilling conducted in 2018.

In terms of the other results provided this morning, CAL22-017 was a 350 metre step out to the north, near to the southern edge of the California North target. Drilling under the program overall occurred over an area 250 to 500 metres wide, with a length of 900 metres. Mineralization was found to be continuous up to depths of 250 metres.

A total of five additional drill holes are said to be pending assay results.

Aztec Minerals last traded at $0.27 on the TSX Venture.


FULL DISCLOSURE: Aztec Minerals is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Aztec Minerals on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.

Video Articles

The Gold & Copper Stocks Everyone Keeps Asking About | Oct. 12-16 – Weekly Mining Mailbag

Similar Gold Mines Are Valued 10X Higher. Why Not This One? | JW Dumont – Granada Gold Mine

The US Interest Bill Gold Can’t Ignore | Peter Grandich

Recommended

Blue Jay Gold Signs Ocean Partners Deal to Ship Steller Stockpiles Through 2027

Krait Critical Minerals Signs Option for Historical Nevada King Antimony Mine

Related News

Aztec Minerals To Conduct 26 Hole Drill Program At Cervantes

Aztec Minerals (TSXV: AZT) is looking to start 2023 off on a strong note, announcing...

Tuesday, January 17, 2023, 08:36:00 AM

Aztec Minerals Hits 2.2 g/t Gold Equivalent Over 96.04 Metres

Aztec Minerals (TSXV: AZT) this morning released a summary of its 2021 drill results, with...

Tuesday, December 7, 2021, 08:54:38 AM

Aztec Minerals Sees Alamos Gold Take 9.9% Stake In Company

Aztec Minerals (TSXV: AZT) is set to have a new strategic investor. The company announced...

Monday, May 16, 2022, 11:30:01 AM

Aztec Minerals Begins 10 Hole Drill Program At Tombstone Gold-Silver Project

Exploration is underway at Aztec Minerals’ (TSXV: AZT) Tombstone Project in Arizona. The latest program...

Tuesday, February 28, 2023, 08:39:55 AM

Aztec Minerals Closes Purchase Of Remaining Interest In Cervantes Gold-Copper Project

Aztec Minerals (TSXV: AZT) has completed its previously announced full acquisition of its Cervantes Property...

Tuesday, August 23, 2022, 11:57:14 AM