Tombstone Project Expansion Boosts Aztec Minerals' Growth Prospects
Aztec Minerals Corp. (AZT:TSX.V; AZZTF:OTCQB) is making steady progress at its Arizona Tombstone project, where recent reverse-circulation drilling has extended near-surface gold-silver mineralization with thick oxide intercepts open in multiple directions.
Gold and silver prices have shown resilience amid shifting economic signals and easing geopolitical pressures, creating renewed interest in junior explorers with near-surface oxide deposits. Aztec Minerals' focus on oxide gold-silver systems that may be amenable to lower-cost heap leaching has helped the company stand out in the market.
The latest step-out holes in the North Extension Zone returned thick oxide intercepts starting near surface, including 88.4 meters grading 1.42 g/t gold and 14.58 g/t silver. Mineralization remains open to the north, at depth, and in other directions, supporting further resource growth.
Aztec has completed 90 RC holes in the current program, with assays pending for 11 additional northern step-out holes. Results will feed into the company's first mineral resource estimate for Tombstone, expected after the current drilling phase ends.