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Aztec Minerals’ Initial Trench Assay 0.89% Copper and 0.59 gpt Gold over 20 m Width at Jasper Prospect on Cervantes Property, Mexico

Drill Results Sampling & Geoscience Results

PO Box 10328 T: 604-685-9770

Suite 1130 – 609 Granville Street www.aztecminerals.com

Vancouver, BC V7Y 1G5

Aztec Minerals’ Initial Trench Assay 0.89% Copper and 0.59 gpt Gold over 20 m

Width at Jasper Prospect on Cervantes Property, Mexico

Vancouver, Canada – September 5, 2017 - Aztec Minerals Corp. (AZT: TSX -V) announces that the first

two trenches at the Ja sper prospect on the Cervantes property in Sonora State, Mexico have returned

attractive gold and copper grades.

See maps at: http://www.aztecminerals.com/cervantes-project/maps/#&gid=1&pid=9 &

http://www.aztecminerals.com/cervantes-project/maps/#&gid=1&pid=10

The Penasco trench returned a weighted average of 0.89% copper and 0.59 grams pe r tonne (gpt) gold

over a 20 meter (m) width and the Cardon trench, 30 m north of the Penasco trench, assayed a

weighted average of 0.76% copper and 0.30 gpt gold over a 10.85 m width, both still open in all

directions. The Penasco trench copper values ra nge between 0.35% and 1.39% and the gold values

range between 0.05 and 2.95 gpt. The Cardon trench samples range between 0.35% and 1.05% copper

and 0.09 and 0.778 gpt gold.

Trenching exposed widespread oxide copper mineralization, including neotocite, chr ysocolla and minor

chalcocite. Oxide gold mineralization is associated with hematite -goethite formed from oxidized pyrite

in sub-vertical siliceous structures, quartz-copper oxide veins, and densely spaced fractures.

New trenching is underway to connect the Penasco and Cardon trenches, and extend further north to

connect with other rock outcrops mineralized with copper oxides. Hand trenching will continue south of

the Penasco trench to outcrops where grab samples have assayed up to 2.47% copper and 0.16 gpt gold.

Overall, oxide copper has been traced in outcrop for over 230 m along the north -south Jasper trend,

open in all directions and extending under thin overburden cover. Visible gold has been subsequently

been observed in new trenches, with assays pending.

The Jasper prospect sits in a gully related to a north -south trending fault zone adjacent to and

immediately west of the main California gold zone, within siliceous hornfels, quartzites, argillites and the

same altered quartz feldspar porphyry intrusive rocks as California but at a lower elevation.

The main California zone IP chargeability anomaly diminishes as it crosses the fault, then becomes

sharply stronger to the west of the Jasper prospect, indicating that porphyry copper -gold mineralization

could continue west of the fault.

These trench results mark the first systematic sampling of copper mineralization on the Cervantes

property. More trenching is underway at both Jasper and California to help target Aztec’s first drill

program on the Cervantes property, to begin after the rain season ends in the next 1-2 months.

Joey Wilkins, B.Sc., P.Geo., is the Qualified Person who supervised the field work and approved the

technical disclosure in this news release. All samples, including certifi ed standards and duplicates, have

PO Box 10328 T: 604-685-9770

Suite 1130 – 609 Granville Street www.aztecminerals.com

Vancouver, BC V7Y 1G5

been submitted to Bureau Veritas Laboratories in Hermosillo, Sonora. Samples were measured over 2.0

to 3.15 meter intervals by measuring tape in hand dug trenches or across outcrops . Channeled rock was

placed in plastic ba gs and labeled on both sides. Samples range in weight of 4.0 to 5.0kg. Sample tags

were placed in the trenches to denote their location and a handheld GPS unit collected coordinates. The

samples were driven in pickup to the laboratory in Hermosillo by the QP.

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

porphyry gold -copper deposits in the Americas. Our first project and core asset is the prospective

Cervantes gold-copper property in Sonora, Mexico. Azt ec’s shares trade on the TSX -V stock exchange

under the symbol AZT.

Contact Information - For more information, please contact:

Joey Wilkins, President and CEO

Tel: (604) 685-9770

Fax: (604) 685-9744

Email: [email protected]

Website: www.aztecminerals.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture

Exchange) accepts responsi bility 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.

Cautionary Note Regarding Forward-Looking Statements

This news relea se contains “forward -looking statements” within the meaning of the United States private securities litigation

reform act of 1995 and “forward -looking information” within the meaning of applicable Canadian securities legislation. Such

forward-looking state ments and information herein include but are not limited to statements regarding Aztec’s anticipated

performance in 2017 and the future, including planned exploration and acquisition programs and budgets and the timing and

results of various activities. Th e Company does not intend to, and does not assume any obligation to update such forward -

looking statements or information, other than as required by applicable law.

Forward-looking statements or information involve known and unknown risks, uncertainties a nd other factors that may cause

the actual results, level of activity, performance or achievements of Aztec and its operations to be materially different fro m

those expressed or implied by such statements. Such factors include, among others, changes in nat ional and local governments,

legislation, taxation, controls, regulations and political or economic developments in Canada and Mexico; financial risks due to

precious and base metals prices, operating or technical difficulties in mineral exploration, devel opment and mining activities;

risks and hazards of mineral exploration, development and mining; the speculative nature of mineral exploration and

development, risks in obtaining necessary licenses and permits, and challenges to the Company’s title to properties.

Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to: the

continued operation of the Company’s exploration operations, no material adverse change in the market price of commodities,

and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors

that could cause actual results to differ materially from those contained in forward -looking statements or information, there

may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or

intended. There can be no assurance that any forward -looking statements or information will prove to be accurate as actual

results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers

should not place undue reliance on forward-looking statements or information.