Vancouver, BC (FSCwire) – 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 cap 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 geological, geochemical, structural, and geophysical data.
- Drill-test the gold-copper oxide mineralization on the Jasper target, 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 500m 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 excited 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.