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Aztec Minerals Corp.
Summary
| Project: | Cervantes | |
|---|---|---|
| Deposit: | Cervantes | |
| Location: | Mexico | |
| Commodities: | Gold-Copper-Silver | |
| Date: | 4/24/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 24-4-2018: Aztec Minerals Corp. announces an Exploration/Drilling Update report for its Cervantes deposit at the Cervantes project. JV - Drilling results incl. 160m @ 0.77g/t Au, 0.13% Cu, 3.4g/t Ag from 0m. Vancouver, Canada – April 24, 2018 - Aztec Mine | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Joey Wilkins (Internal) | |
| ABSTRACT: | Vancouver, Canada – April 24, 2018 - Aztec Minerals Corp. (AZT: TSX-V, OTCQB: AZZTF) continues to intersect long intervals of porphyry-type gold (copper, silver) mineralization at the California Target on the Cervantes property in Sonora, Mexico. Drill hole 18CER010 intersected 160.0 metres (m) grading 0.77 grams per tonne (gpt) gold, 0.125% copper and 3.4 gpt silver, including a higher grade intercept assaying 1.04 gpt Au, 0.11% Cu, and 4.0 gpt Ag over 80.0 m starting at a down hole depth of 4.0 m. (see Cervantes drill location map here) President and CEO Joey Wilkins stated: “Hole 18CER010 is the best we’ve seen thus far at Cervantes as part of our Phase 1, 17 hole, 3,000 m drill program. These positive drill results, combined with our recent land acquisition that expanded the property six-fold to 3,619 hectares and added several new porphyrytype gold-copper targets, significantly enhance the potential of the Cervantes Property.” Drill holes were oriented to cross the most prominent structures seen in outcrops so core lengths reflect the approximate interpreted true width of the California zone mineralization. One sample in hole 18CER010 had a value of 183.8 gpt Ag but was capped at 20.5 gpt Ag by statistical analysis. No other sample results required capping. Brief hole-by-hole descriptions follow below. 18CER009: California Zone—Southern edge of gold geochemical anomaly 0-105.6m, Quartz Feldspar Porphyry and QFP polymictic clast breccia, moderate to strong hematite and goethite, moderate quartz veinlets and stockworks, silicification, sericite, clay and chlorite alteration, | |
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