Aztec Minerals (AZT.V) has announced its plans for a two phased exploration program on its Cervantes gold-copper project in Mexico’s Sonora state.
The company has kicked off an initial surface exploration program which consists of geological mapping and reconnaissance outcrop sampling of the several targets on the 36.5 square kilometer project. The timing is ideal as we are nearing the end of the dry season in that part of the world, and all targets are currently accessible by foot.
The main focus of this program will be on the California North, California East and Brasil targets.
Subject to the phase 1 results (and having access to funds), Aztec plans a follow-up drill program after the rainy season in October. That drill program will be earmarked to expand the mineralized area at California and may also include a first pass at the Brasil target area.
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.
