Earlier this month, Aztec Minerals (AZT.V) updated the market on its Tombstone drill program The company had already completed seven holes for a total of just over 1,200 meters of the planned 3,200 meters RC drill program. Samples were shipped to the lab, and Aztec should be in a position to update the market on these assay results in the next few weeks.
Those seven holes were drilled to test the southern extension of the Contention Structure Zone which hosts the historical open pit Contention mine.
Aztec Minerals also confirmed its ownership in the Tombstone property has increased from 78.7% to 85% with the existing joint venture partners retaining a 15% stake in the asset.
Disclosure: The author has a long position in Aztec Minerals. Aztec is a sponsor of the website. This post is for educational purposes only; be mindful investing in junior mining stocks is risky and you may lose your entire investment if things go wrong. Please read the disclaimer.
