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Aztec Minerals Reviews Highlights of 2019 and Provides Outlook for 2020
VANCOUVER, BC / ACCESSWIRE / January 15, 2020 / Aztec Minerals Corp. (TSXV:AZT)(OTCQB:AZZTF) reviews the highlights of its 2019 activities and provides its outl
About this update from Aztec Minerals Corp.
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / January 15, 2020 / Aztec Minerals Corp. (TSXV:AZT)(OTCQB:AZZTF) reviews the highlights of its 2019 activities and provides its outlook for 2020. Aztec holds a 65% interest in the Cervantes porphyry gold-copper project in southeastern Sonora state, Mexico in joint venture with Kootenay Silver, and has an option to acquire a 75% interest in the Tombstone epithermal and CRD silver-gold project in southern Arizona from Baroyeca Gold and Silver. Joey Wilkins, President and CEO of Aztec, commented, \"Aztec had a productive year in 2019, galvanized by our exploration successes at Cervantes and Tombstone. We were able to significantly advance several new high priority porphyry gold-copper targets on the Cervantes properties and we refined our \"Taylor\"-style carbonate replacement (CRD) silver-lead-zinc-copper-gold targets on the Tombstone properties. Our main goals for the new year are to secure the partners or financings we need to drill new discoveries in 2020.\" 2019 Highlights Cervantes Project Acquired a 65% interest in the Cervantes Project from Kootenay Silver by spending US$1.5 million on exploration, paying US$150,000 and issuing 1,000,000 AZT shares by July 25, 2019 Prior exploration work by Aztec from 2016 to 2018 focused on the successful delineation and drill discovery of a near-surface gold oxide cap to the California porphyry gold-copper prospect Completed a 430-line kilometer airborne magnetic and radiometric survey which identified 11 prospect zones related to porphyry-type mineralization, including five top priority drill targets, California, California North, Estrella, Purisima East and Purisima West Conducted a 23.1 line-kilometer, 3-dimensional IP-resistivity survey to extend coverage from the California prospect to the southwest and identify chargeability anomalies at Estrella, Purisima East, and Purisima West (final analysis is ongoing and news release of the final IP data is expected in the next few weeks) Received excellent early stage bottle roll metallurgical results on 9 drill holes and 4 different domain types that reported 88%, 85%, 78%, and 51% recoveries on 2 oxide composites, 1 mixed composite, and 1 sulphide composite respectively Identified extensive sodic and alkalic alteration in drill core by thin section analysis and clear geochemical correlation of gold with copper s...