Aztec Minerals Corp. · TSXV:AZT

Aztec Minerals — Investor Presentation (February 2026)

37 slides from Aztec Minerals's investor presentation, February 2026

  1. Slide 1: Growing Silver-Gold Discovery in Arizona

    GROWING SILVER-GOLD DISCOVERY IN ARIZONA AZT: TSXV, AZZTF: OTCQB FEBRUARY 2026 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)

  2. Slide 2: Cautionary Statement

    Cautionary Statement This presentation may contain forward-looking statements, including statements regarding future corporate plans and objectives, including exploration activities, results and interpretation and financial objectives, plans and activities of Aztec Minerals Corp. (“Aztec” or the “Co

  3. Slide 3: Corporate Overview

    Corporate Overview Aztec Minerals is an exploration company focused on the discovery of large gold and silver poly-metallic mineral deposits in world-class mining jurisdictions  North American Focus – Arizona & Sonora Experienced Management and Board  Proven track record of creating value through

  4. Slide 4: Investor Highlights

    Investor Highlights Multi-asset drilling and discovery stage company with projects in world-class mining jurisdictions, positioned for significant growth Why Large Emerging Discoveries?  Major mining companies need large ore deposits to sustain their business, but they rely more and more on M&A rat

  5. Slide 5: Capital Structure

    Capital Structure Exchange Listings: TSXV:AZT, OTCQB:AZZTF Shares Issued: 188.3 million Options: 12.2 million (ave. strike: $0.22) Warrants: 30.3 million (ave. strike: $0.24) Fully Diluted: 230.8 million Insiders: 27.8 million (15%) Closely Held: 68.8 million (37%) Cash Position: C$7.5 million Marke

  6. Slide 6: Project Locations

    Project Locations Tombstone – SE Arizona  100 km southeast of Tucson  Heart of world-class mining copper district  65 km northeast of massive Taylor zinc-lead-copper-silver- CRD discovery in similar geological setting (Arizona Mining acquired by South32) Cervantes – Sonora, Mexico  160 km east o

  7. Slide 7: Tombstone Project Location

    Tombstone Project Location Open Pit Oxide Target with underground Sulfide Potential  Tombstone JV - SE Arizona 100 km southeast of Tucson  Heart of world class porphyry copper district 65 km northeast of massive Taylor zinc-lead-copper-silver- ‘CRD’ discovery  Arizona Mining acquired the small, h

  8. Slide 8: Tombstone Project Geology

    Tombstone Project Geology  Properties (black lines) cover many small historic silver mines along minor structures and largest historic mine (Contention) on major structure  Open pit heap leach oxide gold-silver potential lies within Bisbee Group sediments (green) around and below the Contention pi

  9. Slide 9: Tombstone Open Pit Oxide Target

    Tombstone Open Pit Oxide Target Focused Drilling Expansion of Extensive Shallow Oxidized Au-Ag Mineralization below and around the Contention Pit  Typical Open Pit Heap Leach Mines in Western USA run grades of 0.4-0.6 gpt gold, Tombstone 2020-2026 drill results are higher grade in comparison  Cont

  10. Slide 10: 2025-26 Drilling Expansion Target Area

    2025-26 Drilling Expansion Target Area 12,500 Meter Drilling Program Underway Now  46 holes completed (8,900m) with assay results reported for 31 holes  Drilling continues with results pending from 15 drill holes  Shallow, high-grade, oxide gold- silver drill targets support continuation of succe

  11. Slide 11: Contention North – High Grade Gold

    Contention North – High Grade Gold Aztec Drills 5.16 gpt Gold and 39.12 gpt Silver over 57.8 meters, including 58.5 gpt Gold and 158.0 gpt Silver over 4.6 meters  Drillhole TR25-17 intersected a broad zone of 36.5m averaging 8.14 gpt Au and 49.67 gpt Ag from 9.1 m including 4.6m averaging 58.5 gpt

  12. Slide 12: Contention Southern Extension – High Grade Silver

    Contention Southern Extension – High Grade Silver  High Grade Ag of 7,269 gpt AgEq (3,669 gpt Ag, 44.7 gpt Au) over 1.52 m, within a zone of 569 gpt AgEq (290 gpt Ag, 3.48 gpt Au) over 25.8m - the highest silver grade encountered in drilling at the Tombstone Project  The intercept in TR24-16 in th

  13. Slide 13: Contention Pit Mineralized Zones

    Contention Pit Mineralized Zones Recent Drilling has intersected multiple broad zones with high- grade silver and gold intercepts  Nearly each of the +100 drill holes in 2020-26 programs totaling +18,500m intersected wide, shallow oxidized Au-Ag mineralization  Recent 2024 Program Drilled 17 holes

  14. Slide 14: Recent Contention Zone Drill Sections, O, M

    Recent Contention Zone Drill Sections, O, M 14 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)

  15. Slide 15: Recent Contention Zone Drill Section K, N

    Recent Contention Zone Drill Section K, N 15 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)

  16. Slide 16: Contention Zone Drilling Long Section

    Contention Zone Drilling Long Section 16 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)

  17. Slide 17: Contention Zone AuEq Drill Highlights

    Contention Zone AuEq Drill Highlights Drilling Highlights:  TR25-17: 5.16 gpt Au and 39.12 gpt Ag (5.72 gpt AuEq) over 57.8m  TR21-22: 2.44 gpt Au and 66.56 gpt Ag (3.39 gpt AuEq) over 65.5m  TR21-10: 1.39 gpt Au and 56.40 gpt Ag (2.20 gpt AuEq) over 96.0m  TC23-01: 0.58 gpt Au and 72.19 gpt Ag

  18. Slide 18: Contention Pit Expansion Footprint

    Contention Pit Expansion Footprint Gold-Silver Oxide Shallow Mineralized Expansion Footprint  Previous drilling and studies have resulted in the discovery of shallow, broad intersections of oxidized gold and silver mineralization in areas adjacent to those previously explored or historically develo

  19. Slide 19: Tombstone Historic CRD Drill Intercepts

    Tombstone Historic CRD Drill Intercepts Primary CRD Target Undrilled  Several historic core holes in the 1950’s and 1989, targeting porphyry, skarn, and CRD mineralization (Newmont and Santa Fe)  Most of the drillholes holes intersected deep, narrow to medium width, high-grade silver-polymetallic

  20. Slide 20: Tombstone - NSAMT Lines and Plan, 600 m Deep

    Tombstone - NSAMT Lines and Plan, 600 m Deep Strong Resistor Large Conductor below Deep polymetallic CRD Contention pit and Bisbee Interpreted to mineralization drilled by Sediments in Paleozoic Represent Granodiorite Santa Fe Limestones Intrusive Old mine workings Smaller stronger Large scale struc

  21. Slide 21: Tombstone NSAMT Underground Sulfide Targets

    Tombstone NSAMT Underground Sulfide Targets 21 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)

  22. Slide 22: Tombstone Underground Sulfide Drill Targets

    Tombstone Underground Sulfide Drill Targets 22 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)

  23. Slide 23: Tombstone Summary

    Tombstone Summary View of Contention pit, looking South  Aztec is operator of 85:15 Tombstone JV with Tombstone Partners  Well-located property, patented and unpatented land, permitted aggregate operation, road access, great infrastructure, historic mining town, full services including water and p

  24. Slide 24: Cervantes Project Location

    Cervantes Project Location Cervantes Project - 100% owned  Large well-located property (3,649 hectares), good road access, private surface, water wells  Multiple mining operations nearby, well-established gold mining district  Step-out exploration drilling program recently completed, targeting ex

  25. Slide 25: Cervantes Project Geology

    Cervantes Project Geology  Multiple Exploration Targets  Expansion drilling ongoing at California Target 25 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)

  26. Slide 26: 2025 Exploration Program

    2025 Exploration Program 2025 exploration program recently completed:  . Confirming new prospects with porphyry related mineralization with results of up to 15.6 gpt Au, 177.3 gpt Ag, and 8,062 ppm Cu in the adjoining target areas of Brasil, Estrella, California East, California North, and Purisima

  27. Slide 27: California Zone Drilling

    California Zone Drilling The oxidized gold surface mineralization is still open in all directions (1km x 1km)  The California and California Norte targets appear to be merging from drilling and surface exposures 27 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)

  28. Slide 28: California Zone Drilling

    California Zone Drilling  Drilling now covers an area measuring approx. 1000m E-W by 730 wide N-S supporting continuous mineralization up to 170m depth vertically View of modeled lithology 28 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)

  29. Slide 29: California Zone Exploration Potential

    California Zone Exploration Potential  DH CAL23-034 is the farthest test of the northwestern area of the California gold zone.  DH CAL23-34 has expanded the knowledge to the northwest into the magnetic low geophysical anomaly that appears to be key to the gold porphyry mineralization of the Califo

  30. Slide 30: California Zone Drill Hole Results

    California Zone Drill Hole Results Drill Result Highlight: CAL22-005: 137m @ 1.49 gpt gold CAL22-004: 165m @ 1.00 gpt gold CAL22-012: 152m @ 0.87 gpt gold 18CER-010: 160m @ 0.77 gpt gold 17CER-005: 139m @ 0.71 gpt gold CAL22-001: 94m @ 1.04 gpt gold 17CER-003: 118m @ 0.63 gpt gold CAL22-006: 100m @

  31. Slide 31: California Zone Preliminary Model

    California Zone Preliminary Model  Recent drilling results support geological setting for multiple gold-hosted quartz porphyries  Continuous expansion of quartz porphyry surface footprint towards the southern and northern portion of the California zones  Our shallow drilling program aims to quick

  32. Slide 32: Excellent Metallurgical Results

    Excellent Metallurgical Results  Excellent bottle roll leach test gold recoveries from 7 drill holes  Oxide Group 1 results: 85.1% gold and 48.3% silver  Oxide Group 2 results: 87.7% gold and 47.3% silver  Mixed Oxide/Sulfide Group 3 results: 77.9% gold and 46.7% silver  Sulfide Group 4 Results

  33. Slide 33: Cervantes Summary

    Cervantes Summary  Large well-located 100% owned property, (3,649 hectares) good road access, private surface, water wells  Multiple prospective mineralized zones, related to high level porphyries and breccias along 6.0 km corridor  Strong geochemical soil anomalies, California target averages 0.

  34. Slide 34: Recent Milestones & Next Steps

    Recent Milestones & Next Steps Corporate  October 2025: Closed $10.0 million, bought deal, private placement (no warrant)  July 2025: Increased interest in Tombstone property to 85.0% ownership of project Tombstone  2025-2026: 12,500m Drill program continues targeting both oxide mineralization ex

  35. Slide 35: Why Aztec Minerals?

    Why Aztec Minerals?  Experienced Management and Directors, successful track records for discovering orebodies, operating mines and selling companies  Attractive Valuation, C$70 Million Market Cap with 188 million shares issued, Insiders own 15%, Closely-held 37%, Alamos Gold investment, significan

  36. Slide 36: Management, Directors, Advisors

    Management, Directors, Advisors Simon Dyakowski, CFA, MBA, President & CEO, Director Capital markets professional, +16 years of corporate development and capital markets experience, with an expertise in strategic planning and execution, financing and marketing of exploration companies Allen David V.

  37. Slide 37: Contact Information

    Contact Information Contact: Simon Dyakowski, President & CEO Vancouver, B.C. Cell: (604) 619-7469 Email: simon@aztecminerals.com www.aztecminerals.com Time to catch the Aztec stagecoach! 37 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)

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