Aztec Minerals Commences 5,000 Meter Drill Program at Cervantes Gold-Copper Project in Sonora, Mexico

Aztec Minerals (TSX-V: AZT)(OTC: AZZTF) — currently trading around C$0.25 per share — has announced the start of drilling at the Cervantes Gold-Copper Project in Sonora, Mexico. 

The program — which is being carried out by way of joint venture with Kootenay Silver Inc. — is slated for 5,000 meters of reverse circulation (RC) drilling across 22 holes.

One of the primary targets is the California Zone where the company has encountered wide widths in the range of half a gram up to 0.77 grams per tonne (g/t) gold over 160 meters. Fourteen holes at 50-meter spacing will be going in there with plans to drill down to about 200 meters.  

The JV will also test for a potential gold-copper porphyry system below the known oxide cap by way of two deeper 500-meter vertical holes at California. 

The balance of the planned 5,000 meters will be exploration drilling. One of the primary targets is the California Norte area located several hundred meters north of the California Zone where the JV will be targeting a coincident geochemical anomaly. 

Drilling will then shift several hundred meters to the west to the Jasper target to test an area of outcropping characterized by copper and copper-moly mineralization. 

And finally, approximately 3 km southwest of the California Zone, six holes are planned at the Purisima East exploration target to test an area of historic high-grade gold mineralization. 

Our own Gerardo Del Real of Junior Resource Monthly caught up with Aztec Minerals CEO Simon Dyakowski for a detailed overview of the current drill program at Cervantes plus a review of recent met work which produced some very encouraging results. 

And far from a one-trick pony, Aztec also holds a 75% interest in the Tombstone gold-silver JV project, which covers most of the historic Tombstone silver mining district in southeastern Arizona.

That JV just wrapped up a Phase-2, 23-hole, 2,700-meter RC drill program with each hole successfully intersecting shallow oxidized gold-silver mineralization over substantial widths. 

Highlights include Hole-22 which intersected 2.44 g/t gold and 66.56 g/t silver (or 3.39 g/t AuEq) over 65.5 meters, including 16.8 g/t gold and 374.36 g/t silver (or 22.15 g/t AuEq) over 7.6 meters. 

The plan going forward in upcoming drill rounds is to continue testing the shallow, bulk tonnage, heap leachable, epithermal gold-silver oxide mineralization adjacent and below the previously mined Contention Pit by way of infill and step-out drilling.  

Future drilling is expected to focus on strike and dip extensions of the shallow oxide mineralization and to test for larger, deeper “Taylor-type” CRD sulfide targets along and adjacent to the Contention structure.

For speculators, Aztec Minerals offers exposure to gold-silver-copper by way of two exciting drill plays with plenty of news flow ahead… and all at a market cap below C$18 million.

Access Gerardo’s exclusive interview with Aztec Minerals CEO Simon Dyakowski.

Check out additional AZT news, interviews, and much more. 

Read our feature report on Aztec Minerals. 


Yours in profits,

 
Mike Fagan
Editor, Resource Stock Digest

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