Aztec Minerals Wins Government Land Lottery, Acquires Major Land Position Adjacent to Cervantes Property in Sonora State, Mexico
PO Box 10328 T: 604-685-9770
Suite 1130 – 609 Granville Street www.aztecminerals.com
Vancouver, BC V7Y 1G5
Aztec Minerals Wins Government Land Lottery, Acquires Major Land Position
Adjacent to Cervantes Property in Sonora State, Mexico
Vancouver, Canada – March 26 , 2018 - Aztec Minerals Corp. (AZT: TSX -V, OTCQB: AZZTF) recently
participated in a Mexican go vernment land lottery and was awarded two new mineral concession s
covering approximately 3,149 hectares adjacent to the Cervantes property in Sonora , Mexico.
Combined with the 500 hectares currently under option from Kootenay Silver, Aztec’s land position at
Cervantes has now expanded more than six fold to 3,649 hectares.
The new mineral concession s cover six historic mineral prospects and/or gossan zones that represent
high priority porphyry-type targets elsewhere in the Cervantes district. The Jacobo an d Purisima
prospects are situated southwest of the California zone at Cervantes along part of an 7.5 kilometer (km)
long, northeast-trending structural corridor; the El Ti gre gossan zone lies south of California and Brasil
zones along a north -south trending lineament; and the PS, RA and La Verde prospects straddle the
California prospect along a northwest trending linear. (view map here)
President and CEO Joey Wilkins commented, “This major land acquisition substantially expands the
upside potential of our Cervantes porphyry gold -copper project. Not only does it cover possible
extensions of the outcropping Califo rnia zone gold-copper mineralization now being drilled , it also
covers six other gold -copper-molybdenum prospects and /or gossan zones related to porphyry
intrusions. We plan to map and sample these areas this year after completion of the current Phase 1
drill program.”
Purisima Prospect
Purisima is an undrilled , historic prospect/gossan zone that outcrops 2.5 km southwest of the California
zone and consists of two 750 meter (m) X 750 m diatreme breccia bodies . The y are composed of
volcanic, intrusive, and sediment ary fragments with peripheral sedimentary breccias cemented by
specularite+/-barite. Historic chip sampling of the eastern breccia returned two separate 2 m intervals
assaying 44.6 grams per tonne (gpt) go ld and 5.9 gpt gold. Several grab samples by Kootenay ranged
from 0.1 0 to 0.36 gpt gold with anomalous tungsten values throughout. Quartz-feldspar porphyry
intrusions with anomalous copper-molybdenum values an d phyllic alteration flank the west side of the
breccias.
Jacobo Prospect
PO Box 10328 T: 604-685-9770
Suite 1130 – 609 Granville Street www.aztecminerals.com
Vancouver, BC V7Y 1G5
Jacobo is a sill -like body of feldspar -biotite-quartz porphyry measuring 1.7 km long by 350 m wide
hosted in sedimentary rocks. Limited historic rock chip geochemical results have a porphyry copper -
molybdenum signature.
RS and PA Prospects
These two targets have seen limited mapping and sampling but several rock chip samples contain highly
anomalous gold, copper, arsenic, bismuth, and tungsten. The PS zone is centered on a small north-south
quartz vein with visible gold and grab samples up to 243 gpt Au. The RA target is exposed along road
cuts with grab samples that contain up to 3.9 gpt Au, 0.21% Cu, 660ppm W, 17,300 ppm As, and
160ppm Bi.
El Tigre Prospect
The El Tigre target is a 2.0 x 2.0 km Aster satellite anomaly containing anomalous silica and iron oxide ,
but never sampled by Aztec or Kootenay.
La Verde Prospect
The La Verde prospect has some old mine workings but no mapping or sampling have been conducted.
The Phase 1 drill program at the California zone on the Cer vantes property is now on hole #11 and
continues to intersect porphyry -type gold-copper mineralization in every hole. The Cervantes Property
is held under an option to purchase agreement with Kootenay Silver Inc. (TSX -V:KTN) whereby Aztec can
acquire up to 100% interest in the property in two stages.
Tombstone Project Option Approved by Baroyeca Shareholders and TSX Venture Exchange
Aztec also announces that Baroyeca Gold & Silver has received approval for the option and joint venture
agreement on their Tombstone properties with Aztec Minerals from both their shareholders and the TSX
Venture Exchange (see prio r news release ). The Company is currently developing its 2018 exploration
plans for the Tombstone pro perty, which will include geological mapping, geochemical sampling and
geophysical surveys to prioritize targets for drilling.
Qualified Person (QP)
The technical information in this news release was prepared, reviewed, and approved by Aztec Minerals
Corp’s qualified person (QP), Joey Wilkins, President and CEO . The historic grab and chip samples are
not, to the best our knowledge, compliant with NI43-101 nor verified by the QP and should not be relied
upon.
PO Box 10328 T: 604-685-9770
Suite 1130 – 609 Granville Street www.aztecminerals.com
Vancouver, BC V7Y 1G5
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. The second project is the distr ict-scale historic
Tombstone properties in Cochise County, Arizona. Aztec’s shares trade on the TSX -V stock exchange
under the symbol AZT and on the OTCQB under the symbol AZZTF.
Contact Information - For more information, please contact:
Neil MacRae, Vice President, Investor Relations
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 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.
Cautionary Note Regarding Forward-Looking Statements
This news release 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 statements and information herein include but are not limited to statements regarding Aztec’ s anticipated
performance in 2018 and the future, including receipt of regulatory approval of the Option Agreement, the exercise of the option
on the Tombstone properties, the planned exploration activities on the Cervantes and Tombstone properties, receipt of assay
results from drilling on the Cervantes property, the completion of further drilling on the Cervantes property, and the timing and
results of various activities. The 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 and other factors that may cause
the actual results, level of activity, performance or achievements of Aztec and its operations to be materially different from
those expressed or implied by such statements. Such factors include, among others, changes in national and local governments,
legislation, taxation, controls, regulations and political or economic developments in Canada and the United States ; financial
risks due to precious and base metals prices, operating or technical difficulties in mineral exploration, development and min ing
activities; risks and hazards of mineral exploration, development and mining; the specu lative 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 reasonabl e, 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 i mportant 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.