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AZT.V ·

Aztec Appoints Vice President, Exploration

Management Changes

PO Box 10328 T: 604-685-9770

Suite 1130 – 609 Granville Street www.aztecminerals.com

Vancouver, BC V7Y 1G5

Aztec Appoints Vice President, Exploration

Vancouver, Canada – April 12, 2021 - Aztec Minerals Corp. (AZT: TSX -V, OTCQB: AZZTF) has appointed

Allen David V. Heyl , B.Sc., CPG, to the position of V ice President, Exploration. Mr. Heyl brings to Aztec

more than 3 8 years of experience in the mining industry , including senior corporate and technical

positions with both major mining companies and junior exploration companies , working mostly in the

Andean countries of South America and in North America.

Mr. Heyl was most recently Vice President, Operations for Duran Ventures, responsible for overseeing the

operation of a small processing plant in northern Peru, as well as corporate development, evaluations,

acquisitions, exploration and administration. Throughout his career, David developed expertise in all

aspects of mineral exploration and resource evaluation, and has worked at operating mines in grade

control, mine design, construction supervision and operations oversight.

He has p layed key roles in the discovery and evaluation of more than 30 million oz gold and 25 million

tonnes copper in reserves and resources including Marmato-Echandia in Colombia for Colombia Gold

(now Aris Gold); Pierina, Alta Chicama, and Q uicay (now Centauro) for Barrick; Motherlode (now Corvus

Gold) and Reward (now Waterton) in Beatty, Nevada, and Rocky Bar for GEXA; Tantahuatay, Cuajone, and

Quelleveco for Southern Peru Copper; Rio Blanco for Monterrico Metals (now Zijin Mining); El Toro,

Minaspampa (both now COMARSA), Tres Cruces and Nueva Condor/Huampar for OroPeru.

Aztec also announces it has granted an aggregate of 1. 015 million stock options to consultants,

management and directors of the company as an incentive to create shareholder value, pursuant to the

terms of the company's stock option plan. The stock options are exercisable to acquire common shares at

an exercise price of $0.30 per common share for a term of five years, subject to vesting provisions.

Webinar

Aztec will host a webinar to discuss the company's upcoming exploration programs. The webinar will take

place on Wednesday, April 21 2021, at 11 a.m. PT (2 p.m. ET). Management will be available to answer

questions following the presentation.

Link to register for webinar

“Simon Dyakowski”

Simon Dyakowski, Chief Executive Officer

Aztec Minerals Corp.

About Aztec Minerals – Aztec is a mineral exploration company focused on the discovery of large

polymetallic mineral deposits in the Americas. Our core asset is the prospective Cervantes porphyry gold-

copper property in Sonora, Mexico. The historic, district -scale Tombstone properties host both bulk

tonnage epithermal gold-silver as well as CRD silver -lead-zinc mineralization in Cochise County, Arizona.

Aztec’s shares trade on the TSX-V stock exchange (symbol AZT) and on the OTCQB (symbol AZZTF).

Contact Information - For more information, please contact:

Simon Dyakowski, CEO

Tel: (604) 619-7469

Fax: (604) 685-9744

Email: [email protected]

Website: www.aztecminerals.com

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility

for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved

or disapproved the information contained herein.

Forward-Looking Statements:

Certain statements contained in this press release may constitute forward -looking statements under Canadian securities

legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “expects”

or “it is expected”, or variations of such words and phrases or statements that certain actions, events or results “will” occur. These

forward-looking statements are subject to a number of risks and uncertainties. Actual results may differ materially from results

contemplated by the forward -looking statements. Factors that could cause actual results to differ materially from those in

forward-looking statements. Accordingly, the actual events may differ materially from those projected in the forward -looking

statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the

foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company

does not undertake to update any forward-looking statements, except as may be required by applicable securities laws.