Aztec Expands Tombstone Property Footprint
PO Box 10328 T: 604-685-9770
Suite 1130 – 609 Granville Street www.aztecminerals.com
Vancouver, BC V7Y 1G5
Aztec Expands Tombstone Property Footprint
Vancouver, Canada – September 23, 2020 - Aztec Minerals Corp. (AZT: TSX-V, OTCQB: AZZTF) announces
it has reached an agreement to acquire 2 patented claims amounting to 8.58 hectares (21.19 acres) and
the Company also staked 17 new unpatented claims totalling 130.5 hectares (332.5 acres) at the historic
Tombstone Silver District in Southeastern Arizona. The additional claims are being acquired by Aztec on
behalf of the company’s option to acquire a 75% interest in the Tombstone property.
Aztec will purchase two patented claim groups , the Alps (7.6 hectares or 18.87 acres) and Minett (0.93
hectares or 2.32 acres), for cash consideration of USD$37,000. The purchase is expected to close upon
completion of a 120-day due diligence period.
The company also staked 17 new unpatented claims for a total of 332.5 acres (130.5 hectares). The
unpatented claims are located 250 meters east of the patented Tombston e claim group boundary. The
patented claim purchase and staked unpatented claims represent an approximate 88% increase of the
Tombstone project footprint from 400 acres (161.87 hectares) to 755 acres (305.5 hectares).
Updated Tombstone Property Claim Map
Aztec is currently conducting a 2,900 metre, 20-hole Phase 1 reverse circulation (RC) drilling program at
the Tombstone Property. The company has drilled 10 of the planned 20 holes to-date, and reports that
all samples from the first five holes were shipped to and received by Bureau Veritas Minerals laboratory
for geochemical analysis. Results are pending.
Aztec holds an option to acquire a 75% interest in the Tombstone property , which includes most of the
original patented mining claims in the district. The main target of the current RC drill program is to test
for shallow, bulk tonnage, heap leachable, epithermal gold-silver oxide mineralization adjacent and below
the previously mined Contention pit.
Joey Wilkins, B.Sc., P.Geo. , the VP Exploration & Chief Geologist of Aztec, is the Qualified Person and is
conducting oversight on the Tombstone exploration program. Aztec is conducting reverse circulation
(often referred to as percussion drilling) at Tombstone and collecting 5 feet (1.52m) samples in all drill
holes. All holes contain certified blanks, standards, and duplicates as part of the quality control program.
Mr. Wilkins reviewed and approved the technical disclosures in this news release.
“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 prop erties 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 or Bradford Cooke, Chairman
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.