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Aztec Minerals Corp.
Summary
| Project: | Cervantes | |
|---|---|---|
| Deposit: | Cervantes | |
| Location: | Mexico | |
| Commodities: | Gold-Copper-Molybdenum | |
| Date: | 2/14/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 14-2-2017: Aztec Minerals Corp. announces a Supporting Acquisition report for its Cervantes deposit at the Cervantes project. Summary of property in support of acquisition. Preparation of this Technical Report was undertaken on behalf of Aztec Minerals Co | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Craig Gibson (Garibaldi Resources Inc.) | |
| ABSTRACT: | Preparation of this Technical Report was undertaken on behalf of Aztec Minerals Corporation (Aztec or the Company). Aztec was a wholly-owned subsidiary of Aztec Metals Corp. (Azmet) until October 13, 2016, when Azmet distributed the common shares of Aztec to its shareholders on a pro rata basis as part of a spin-out transaction. Azmet has acquired an interest in certain mining concessions known as the Cervantes Property (Property) located in the Tonichi mining region, Soyopa municipality of Sonora State (Fig. 4.1). Aztec contracted P. Craig Gibson of Prospeccion y Desarrollo Minero del Norte S.A. de C.V. (ProDeMin) to carry out an examination of the mine and to prepare this report. This Technical Report, prepared in compliance with Canadian National Instrument 43-101 (“NI43-101”), is based on published and unpublished geologic and historic data from several sources, including internal reports of the Company and its JV partner, data, reports and maps of the Servicio Geológico Mexicano ("SGM"), and published NI43-101 technical reports and unpublished reports from nearby projects. At the present time the Project is an early stage Exploration Project and there are no resources or reserves defined at the Property. This Technical Report is an accurate representation of the status and geologic potential of the Cervantes Project based on the information available to the author and a site visit on July 26 and 27, 2016. Work recommended herein was planned by and will be supervised by a Qualified Person(s) as defined by NI-43-101. Work completed by the Company on the Project has been successful in demonstrating potential for encountering gold-copper-molybdenum mineralization by exploration at the Project. | |
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