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Aztec Reports Final Phase 1 Drill Results for Tombstone Project in Southeastern Arizona, Intersects 6.36 gpt Gold Equivalent over 7.62 m and 0.62 gpt Gold Equivalent over 140.21m
Final 5 drill holes encountered significant gold and silver intercepts expanding mineraliza...
About this update from Aztec Minerals Corp.
[{"type":"text","content":"Aztec Reports Final Phase 1 Drill Results for Tombstone Project in Southeastern Arizona, Intersects 6.36 gpt Gold Equivalent over 7.62 m and 0.62 gpt Gold Equivalent over 140.21mFinal 5 drill holes encountered significant gold and silver intercepts expanding mineralization north and south of the Central drill patternHigh-grade gold-silver intercepts include 6.36 gpt AuEq over 7.62 mThick gold-silver intervals include 0.62 gpt AuEq over 140.21 m19 holes of 21 holes completed in 2,993 meters Phase 1 drilling program encountered significant near surface oxide gold-silver mineralizationVANCOUVER, BC / ACCESSWIRE / December 22, 2020 / Aztec Minerals Corp. (TSXV:AZT)(OTCQB:AZZTF) announces the results of the final five drill holes from the 21 hole, 2,993 meter Phase 1 reverse circulation (RC) program, TR20-17 through TR20-21, for the Tombstone project in southeastern Arizona. Extensive gold-silver mineralization was intersected in all five drill holes.High grade intercepts include 7.62 meters (m) grading 4.18 gpt Au and 174.2 gpt Ag (6.36 gpt gold equivalent (AuEq) at a gold:silver ratio of 80:1) in hole TR20-18 and 22.86 m assaying 1.74 gpt Au and 56.1 gpt Ag (2.45 gpt AuEq) in hole TR20-20.Thick mineralized intervals include 140.21 m grading 0.38 gpt Au and 19.3 gpt Ag (0.62 gpt AuEq) in hole TR20-17 and 82.30 m assaying 0.74 gpt Au and 23.8 gpt Ag (1.03 gpt AuEq) in hole TR20-20. Drill hole TR20-20 was drilled perpendicular to the north trending mineralized zone and is interpreted to represent an approximate ‘true thickness' of gold-silver mineralization.View Tombstone 2020 RC Drill Program Plan Map and Drill Sections here:Link to section view hole TR20-17 (and TR20-03/TR20-04) Link to section view hole TR20-18Link to section view hole TR20-19 and hole TR20-20Link to section view hole TR20-21 and hole TR20-21aCEO, Simon Dyakowski commented: \"The shallow oxide gold-silver mineralization encountered in Aztec's Phase 1 drill results along the Contention pit include some of the highest-grade gold and silver intervals found to-date at Tombstone. Combined with broad intervals of low to moderate grade gold and silver mineralization, Aztec now has the confidence to target a potential shallow, bulk tonnage oxide resource with further drilling. Aztec's Phase 1 drill expenditures should be sufficient to allow Aztec to vest a 75% inter...