Aztec Minerals: North American Discovery Growth | RCTV at The Mining Investment Event of the North
Why It Matters
The forthcoming maiden resource estimates and continued high-grade drill results could validate Aztec's exploration upside, unlocking broader investor interest and repositioning the company from early-stage explorer to an advanced-stage asset holder in a gold-silver market likely to benefit from any macro bullish turn.
Summary
Aztec Minerals has rapidly expanded exploration at its Tombstone gold-silver project in Arizona, growing a planned 5,000 m program into over 17,000 m of drilling after securing a $10 million bond financing and adding private land to the property. The company reported its best hole to date—57.8 m grading ~5 g/t gold and 40 g/t silver near the historic pit—and is extending targets more than a kilometre from the pit. Aztec plans maiden mineral resource estimates for both Tombstone and its Cervantes project in Sonora, Mexico, with Apex Geoscience contracted and a target release around September. Management expects ongoing periodic drill-result newsflow through year-end and says the MREs should attract larger investors and provide a potential re-rating catalyst.
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