Aztec Minerals (AZT.V) has released assay results from the initial phase of its 2025 Cervantes gold-copper porphyry project in Mexico’s Sonora state.
The initial phase consisted of a reconnaissance outcrop sampling and geological mapping program of several targets on the 36.5 square kilometer property. The company’s technical team focused on three high priority gold targets (California East, California North and Brasil) while it also completed some additional work elsewhere on the property during the May-June dry period.
The results of this initial program were encouraging as it extended the California property by another 500 meters towards the east as the field teams discovered more porphyry-type mineralization with assay results of up to 15.6 g/t gold, 177 g/t silver and 0.8% copper (and that of course also was the result the company used for the headline of its press release).
Depending on the permitting efforts and the general market conditions, Aztec could decide to complete a follow-up drill program after the rainy season ends, in the final quarter of the year. The company’s main focus is still on the Tombstone gold-silver-CRD project in Arizona, but it is good to see some work being done on the Cervantes project as well.
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.
