Aztec Minerals Reports Largest Intersect To Date Of 1.49 g/t Gold Over 136.8 Metres

Results continue to be released by Aztec Minerals (TSXV: AZT) from their recently completed drill program. Drilling took place at the firms Cervantes property in Sonora, Mexico, where it previously intersected 1.0 g/t gold over 167.2 metres under the same program.

The results released this morning consist of the best drill intersection to date for the company, while all three holes reported long intersections of mineralization. All holes under the current program have meanwhile seen near surface mineralization. Highlights from the results this morning include:

  • CAL22-005: 1.486 g/t gold over 136.80 metres
  • CAL22-006: 0.75 g/t gold over 100.32 metres
  • CAL22-007: 0.422 g/t gold over 63.84 metres

Drill under the now completed program was focused on expanding upon results achieved during a phase one program conducted over the 2017-2018 drill season. The results released today extend mineralization of the zone to both the north and the south.

“CAL22-05 intersected the strongest gold mineralization at Cervantes in the project’s history. This discovery further advances the California gold zone in demonstrating the open pit heap leach gold potential of the project. Overall, the 2021-2022 RC drill program continues to return strong gold grades over broad widths in every drill hole reported to date,” commented CEO Simon Dyakowski on the results.

A further fifteen holes are awaiting assays to be returned from the phase two drill program.

Aztec Minerals last traded at $0.30 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

Why $100 Silver Right Now Would Be a Problem | Keith Neumeyer – First Majestic

Why Industrial Demand Is Changing the Silver Market | David Morgan

Gold and Silver Delivery Is Exposing the Paper Market | Andy Schectman

Recommended

Nord Precious Metals Acquires Gowganda Silver Tailings Project, Securing Feedstock For Silver Processing Strategy

Canadian Copper Expected To Close On Caribou Processing Complex Acquisition In Q1

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 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

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, Endeavour Silver See Founder And Chair Bradford Cooke Pass Away

Another force to be reckoned with in the Canadian junior markets has passed away. Bradford...

Friday, August 19, 2022, 09:27:21 AM

What Is The Key Price Level For Gold? – The Daily Dive

Today on the Daily Dive, we see the return of Simon Dyakowski, President and CEO...

Thursday, February 24, 2022, 01:30:00 PM