Aztec Minerals Sees 5,000 Metre Drill Program Get Underway At Cervantes Gold-Copper Project

Aztec Minerals (TSXV: AZT) has begun a drill program at its Cervantes gold-copper project located in Sonora, Mexico. The property, which is a joint venture with Kootenay Silver (TSXV: KTN), will see a 22 hole program conducted across it.

The planned drill program is set to consist of a total of 5,000 metres in aggregate drilling across four separate targets. The program is set to take place over a three month period, starting today, with drilling targeting the California, California North, Jasper and Purisima East targets.

Drilling under the program is focused on defining known mineralization across the four targets. At California, the company is targeting an extensive oxide gold-copper porphyry via a total of 14 infill and step-out holes. Drilling is to occur on 50 metre spacing to better define mineralization, while an additional two holes will be drilled to depths of 500 metres to test the extent of a strong IP anomaly found at the target.

California North and Jasper meanwhile will each see one hole sunk as the company will testing copper-molybdenum anomalies from soil sampling. Mineralization here would represent extensions of the California zone. Finally, at Purisima East, the company will look to drill six holes focused on the breccia potential of the zone, placing an emphasis on high grade gold mineralization.

Aztec Minerals last traded at $0.25 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 Copper Is Heading To $30 And Silver To $200 | Craig Parry

Mako Mining Q3 Earnings: The Transitional Quarter

B2Gold Q3 Earnings: Goose Troubles Cloud The Narrative

Recommended

Emerita Resources Awards Contract For Pre-Feasibility Study On Iberian Belt West Project

Selkirk Copper Appoints Two Members Of Selkirk First Nation To Leadership Team

Related News

Aztec Minerals To Drill Test Tombstone Project In First Quarter Of 2023

Exploration at Aztec Minerals (TSXV: AZT) Tombstone property in Arizona is set to resume in...

Monday, January 30, 2023, 08:55:06 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

Aztec Minerals Acquires Whole Ownership Of Cervantes Copper-Gold Project

The joint-venture arrangement at Aztec Minerals’ (TSXV: AZT) Cervantes project in Mexico is no more....

Tuesday, July 26, 2022, 08:26:56 AM

Kootenay Silver Drills 1,322 G/T Silver Equivalent Over 3.2 Metres At Copalito

Kootenay Silver (TSXV: KTN) this morning announced assays from three drill holes conducted at its...

Wednesday, July 22, 2020, 08:30:39 AM

Kootenay Silver Sees Grade Improvement In Updated La Cigarra Resource Estimate

Kootenay Silver (TSXV: KTN) has seen its ounces in the ground remain nearly flat after...

Thursday, January 25, 2024, 09:18:05 AM