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:

  • 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.

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