Phase 1 Drilling Program Now Underway at Cervantes Property, Sonora, Mexico
PO Box 10328 T: 604-685-9770
Suite 1130 – 609 Granville Street www.aztecminerals.com
Vancouver, BC V7Y 1G5
Phase 1 Drilling Program Now Underway at Cervantes Property, Sonora, Mexico
Vancouver, Canada – November 14, 2017 - Aztec Minerals Corp. (“Aztec”) (AZT: TSX-V) announces that
the Phase 1 drilling program is now underway on the Cervantes gold -copper porphyry property in
Sonora State, Mexico. The “Informe Preventivo” drilling permit was granted by SEMARNAT , and Aztec
has obtained surface access to build roads and pads on the California and Jasper targets on the Property.
The Phase 1 drill program will consist of diamond core drilling of 14 to 17 holes totalling approximately
3,000 metres. The objectives of the drill program are as follows:
Drill-test the gold oxide ca p on the California zone where 50m x 50m spaced soil sampling
identified a 600m wide by 900m long gold anomaly, over which prior soil samples averaged 0.44
grams per tonne (“gpt”) 1. Gold-copper mineralization in the California zone is hosted primarily
within quartz-feldspar porphyry intrusive and intrusive breccias. Core test holes will be drilled to
approximately 150m based on new and enhanced geologic al, geochemical, structural, and
geophysical data.
Drill-test the gold -copper oxide mineralization on the Jasper targe t, where Aztec recently
identified 92.4m of 0.62 gpt gold and 0.52% copper in trenching , as more fully described in
Aztec’s news release dated October 3, 2017.
Drill one hole to approximately 500 m depth to test one of the geophysical
chargeability/resistivity anomalies identified by the induced polarization survey conducted by
Aztec last year for gold-copper sulfide mineralization.
“We are e xcited to initiate the Phase 1 drill program now that the rain season has passed and climate
conditions are good for drilling . We have well defined drill targets at the California and Jasper porphyry
oxide gold-copper targets due to the trench sampling, soil sampling, and detailed vein mapping we have
completed to date” said Joey Wilkins, President and CEO.
Joey Wilkins, B.Sc., P.Geo., is the Qualified Person who will supervise the upcoming field work . All
samples, including certified standards , blanks, and duplicates , w ill be submitted to Bureau Veritas
Laboratories in Hermosillo, Sonora. Samples will measure 1.5 to 2.0 meter intervals , depending upon
nature of mineralization. The samples will be driven in a company vehicle from the project directly to
the laboratory in Hermosillo under Mr. Wilkins’ supervision. All samples will be analyzed by a 30 gram
fire assay fusion with an AAS finish followed by a 45 element 4 -acid ICP -MS analysis. Mr. Wilkins has
reviewed and approved the technical disclosure in this news release.
1 For further information regarding the sampling program conducted on the California zone, see Aztec’s technical
report titled “Geology and Exploration of the Cervantes Project Municipality of Soyopa Sonora State, Mexico” dated
January 11, 2017 which was prepared and authorized by P. Craig Gibson, PhD, CPG.
PO Box 10328 T: 604-685-9770
Suite 1130 – 609 Granville Street www.aztecminerals.com
Vancouver, BC V7Y 1G5
The Cervantes Property is held under an option to purchase agreement with Kootenay Silver Inc. (KTN:
TSX-V) whereby Aztec can acquire up to 100% interest in the property in two stages.
About Aztec Minerals – Aztec is a mineral exploration company focused on the discovery of large
porphyry gold -copper deposits in the Americas. O ur first project and core asset is the prospective
Cervantes gold-copper property in Sonora, Mexico. Aztec’s shares trade on the TSX -V stock exchange
under the symbol AZT.
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 the successful
completion, and the viability of the r esults, of the Phase 1 drilling progr am, the production of a mineral resource estimate in
respect of the Proeprty , and the data verification measures outlined above . Aztec 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 achievem ents 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 eco nomic developments in Canada and Mexico; financial risks due to
precious and base metals prices, operating or technical difficulties in mineral exploration, development and mining activitie s;
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 Aztec’s title to properties.
Forward-looking statements are based on assumptions management believes to be reasonable, in cluding but not limited to: the
continued operation of Aztec’s exploration operations, no material adverse change in the market price of commodities, and such
other assumptions and factors as set out herein. Although Aztec has attempted to identify importa nt 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, assess ed 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, reader s should not place
undue reliance on forward-looking statements or information.