Aztec Minerals Corp. (AZT: TSX-V, OTCQB: AZZTF - https://www.commodity-tv.com/ondemand/companies/profil/aztec-minerals-corp/) summarizes the results of its recently completed 2021, Phase 2, 23-hole, 2,716 metre (m) reverse circulation (RC) drill program on the Tombstone project which covers most of the historic Tombstone silver mining district in southeastern Arizona.
Every one of the 23 drill holes intersected shallow oxidized gold-silver mineralization over substantial widths, thirteen drill holes crossed old tunnels where presumably the highest-grade ores were previously mined, several drill holes encountered visible gold, and all drill holes bottomed in mineralization, indicating the main mineralized zones are still open to depth as well as laterally.
The drill holes were spaced approximately 50 m apart along fence patterns trending NNE, and dipping from near vertical to -45 degrees E. The 2021 drill holes are step outs from the 2020 RC drill holes reported previously in the north and central parts of the Contention open pit. Two of the drill holes (TR21-21, 22) were twins of historic USMX drill holes TR-57 and TR-67, which along with one 2020 twin drill hole (TR20-18) will be used to verify the USMX drill data for use in a future resource estimation.
View: Tombstone Longitudinal Section and Tombstone 2020-2021 RC Drilling Plan Map
Section H: Link to Section View H
Section I: Link to Section View I
Further information is attached
Forward-Looking Statements:
Certain statements contained in this press release may constitute forward-looking statements under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “expects” or “it is expected”, or variations of such words and phrases or statements that certain actions, events or results “will” occur. These forward-looking statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements, except as may be required by applicable securities laws.
Every one of the 23 drill holes intersected shallow oxidized gold-silver mineralization over substantial widths, thirteen drill holes crossed old tunnels where presumably the highest-grade ores were previously mined, several drill holes encountered visible gold, and all drill holes bottomed in mineralization, indicating the main mineralized zones are still open to depth as well as laterally.
The drill holes were spaced approximately 50 m apart along fence patterns trending NNE, and dipping from near vertical to -45 degrees E. The 2021 drill holes are step outs from the 2020 RC drill holes reported previously in the north and central parts of the Contention open pit. Two of the drill holes (TR21-21, 22) were twins of historic USMX drill holes TR-57 and TR-67, which along with one 2020 twin drill hole (TR20-18) will be used to verify the USMX drill data for use in a future resource estimation.
View: Tombstone Longitudinal Section and Tombstone 2020-2021 RC Drilling Plan Map
Section H: Link to Section View H
- Hole TR21-13 - 1.8 grams per tonne (gpt) gold and 36.9 gpt silver (2.33 gpt gold equivalent (AuEq)) over 70.1 meters (m), including 6.08 m grading 2.93 gpt gold and 157 gpt silver (5.17 gpt gold equivalent AuEq) and 1.52 m with visible gold in quartz veining grading 55.71 gpt gold and 176.1 gpt silver (58.22 gpt gold equivalent AuEq). Hole bottomed in mineralization grading 0.37 gpt AuEq when ground caving forced early termination of the hole
Section I: Link to Section View I
Further information is attached
Forward-Looking Statements:
Certain statements contained in this press release may constitute forward-looking statements under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “expects” or “it is expected”, or variations of such words and phrases or statements that certain actions, events or results “will” occur. These forward-looking statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements, except as may be required by applicable securities laws.
