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Aztec Minerals Corp.
Summary
| Project: | Cervantes | |
|---|---|---|
| Deposit: | Cervantes | |
| Location: | Mexico | |
| Commodities: | Gold-Copper-Molybdenum | |
| Date: | 2/1/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 1-2-2018: Aztec Minerals Corp. announces an Exploration/Drilling Update report for its Cervantes deposit at the Cervantes project. JV - Drilling results incl. 139m @ 0.71g/t Au, 0.1% Cu, 2.1g/t Ag from 0m. Vancouver, Canada – February 1, 2018 - Aztec Mine | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Joey Wilkins (Internal) | |
| ABSTRACT: | Vancouver, Canada – February 1, 2018 - Aztec Minerals Corp. (AZT: TSX-V, OTCQB: AZZTF) has intersected long intervals of porphyry gold (copper, silver) mineralization including shorter intervals of high grade gold mineralization in the initial results of its Phase 1, 15 hole, 3,000 metre (m) drill program at the Cervantes Project in Sonora State, Mexico. Joey Wilkins, CEO of Aztec, commented: "These positive results from three of the first five drill holes of our Phase 1 drill program confirm that the California zone has excellent bulk tonnage porphyry gold (copper, silver) potential at Cervantes. Holes 3, 4 and 5 were drilled to test a small part of a large surface geochemical gold anomaly on the hill that forms the California zone (http://www.aztecminerals.com/_resources/Jan30_2018-DH-Map_Cerv_Final.jpg). “As expected, we intersected gold oxide mineralization where the copper has been partially leached out as well as mixed oxides-sulfides transitioning to sulfide mineralization at depth. The entire California zone is underlain by a large, strong IP chargeability anomaly from 100 m depth down to at least 500 m that could represent the heart of a porphyry gold (copper, silver) sulfide system. “A total of 810 m were drilled in the first five holes, and we are currently drilling hole nine. Our first two drill holes intersected anomalous but sub-economic copper-gold-molybdenum oxide mineralization from top to bottom in the Jasper zone west of the California zone. The main focus of our remaining holes in the Phase 1 drill program will be to systematically test the western half of the much larger California zone.” Brief hole-by-hole descriptions follow below. | |
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