Aztec Minerals Corp. · TSXV:AZT

Aztec Minerals — Investor Presentation (October 2024)

38 slides from Aztec Minerals's investor presentation, October 2024

  1. Slide 1: Two Emerging Discoveries in North America

    TWO EMERGING DISCOVERIES IN NORTH AMERICA Gold-Silver in Arizona, USA Porphyry Gold in Sonora, Mexico AZT: TSXV, AZZTF: OTCQB OCTOBER 2024 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  Strategic investment by Alamos Gold (TSX: AGI, NYSE: AGI) Experienced Management and Board  Prove

  4. Slide 4: Investor Highlights

    Investor Highlights Multi-asset drilling and discovery stage company with projects in two 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

  5. Slide 5: 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.

  6. Slide 6: Capital Structure

    Capital Structure Exchange Listings: TSXV:AZT, OTCQB:AZZTF Shares Issued: 123.7 million Options: 10.2 million (ave. strike: $0.26) Warrants: 29.9 million (ave. strike: $0.31) Fully Diluted: 163.7 million Insiders: 15.3 million (12%) Closely Held: 42.3 million (34%) Cash Position: C$2.5 million Marke

  7. Slide 7: 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

  8. Slide 8: Tombstone Project Location

    Tombstone Project Location Open Pit Oxide Target with underground CRD 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, hist

  9. Slide 9: 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 (light-green) around and below the Content

  10. Slide 10: Tombstone Open Pit Oxide Target

    Tombstone Open Pit Oxide Target Focused Drilling Confirming Extensive Shallow Oxidized Gold-Silver 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 2020-2023 drill results are higher grade in comparison 

  11. Slide 11: Contention Pit Expansion Footprint

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

  12. Slide 12: 2024 RC Drilling Expansion Target Area

    2024 RC Drilling Expansion Target Area 2024 RC Drilling Program 12 holes 2000m – Underway October 2024  Shallow, high-grade, oxide gold- silver drill target zones supported by recent surface exploration program  Step-out drilling near the Contention pit is designed to expand the known broad, bulk

  13. Slide 13: Westside Target – New Geological Model

    Westside Target – New Geological Model Initial shallow drilling on the Westside area of the property targeting the continuity of multiple high-grade mineralized structures  The Westside area’s portion of the RC program will test multiple mineralized structures of known, historic underground product

  14. Slide 14: Contention Pit Mineralized Zones

    Contention Pit Mineralized Zones 2023 Core Drilling intersected multiple broad zones with high- grade silver and gold intercepts  Every one of the 51 drill holes in 2020-23 programs totaling 6,479m intersected wide, shallow oxidized Au-Ag mineralization  2023 Core Program Drilled seven holes up to

  15. Slide 15: Contention Zone Drill Sections

    Contention Zone Drill Sections 15 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)

  16. Slide 16: Contention Zone Drill Sections

    Contention Zone Drill Sections 16 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)

  17. Slide 17: Contention Zone Drill Hole Results

    Contention Zone Drill Hole Results Drilling Highlights:  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 (1.63 AuEq) over 125.0m  TR21-03: 5.71 gpt Au and 40.54 gpt Ag (6.28

  18. Slide 18: CRD Discovery Model – Arizona Mining

    CRD Discovery Model – Arizona Mining Arizona Mining - News Timeline Arizona Mining (TSX:AZ) shares went from $0.25 per share pre- discovery (2015) to $6.25 per share post-acquisition (2018) February 2015: Insiders lend $1.6 million to Company, Don Taylor appointed COO, resumes drilling May 2015: Dis

  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 Summary

    Tombstone Summary View of Contention pit, looking South  Aztec is operator of 78:22 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

  22. Slide 22: 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

  23. Slide 23: Cervantes Project Geology

    Cervantes Project Geology  Multiple Exploration Targets  Expansion drilling ongoing at California Target 23 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)

  24. Slide 24: California Zone Drilling Plan

    California Zone Drilling Plan  Recently completed stage 3A RC drilling (1600m) of planned & permitted 4200m program  Drilling now covers an area measuring approx. 1000m E-W by 730 wide N-S supporting continuous mineralization up to 170m depth vertically  The oxidized gold surface mineralization i

  25. Slide 25: 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

  26. Slide 26: 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 @

  27. Slide 27: 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

  28. Slide 28: 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

  29. Slide 29: 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.

  30. Slide 30: Recent Milestones & Next Steps

    Recent Milestones & Next Steps Corporate  July – August 2024: Closed $2.6 million private placement financing and increased interest in Tombstone property to 77.7% ownership of project Tombstone  2023: Completed core drill program successfully intersecting deeper gold-silver oxide mineralization a

  31. Slide 31: Why Aztec Minerals?

    Why Aztec Minerals?  Experienced Management and Directors, successful track records for discovering orebodies, operating mines and selling companies  Attractive Valuation, C$24.7 Million Market Cap with 123.7 million shares issued, Insiders own 12%, Closely-held 34%, Alamos Gold investment  Two P

  32. Slide 32: Appendix

    Appendix 32 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)

  33. Slide 33: Cervantes – California Zone West-East Section

    Cervantes – California Zone West-East Section 33 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)

  34. Slide 34: California Zone Step Out CAL23-034

    California Zone Step Out CAL23-034  Results for hole CAL23-034, a step-out extending the California zone to the Northwest, returned 30.4m grading 1.03 gpT Au including a high-grade intersection of 13.8 gpT Au over 1.52 m.  Drill hole CAL23-034 is the farthest test of the northwestern area of the C

  35. Slide 35: Cervantes – Aeromagnetic Geophysical Anomalies

    Cervantes – Aeromagnetic Geophysical Anomalies  Evidence of large intrusives in an extensive trend  Positive correlation with California intrusive related Au discovery 35 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)

  36. Slide 36: Cervantes - Gold Soil Geochemical Anomalies

    Cervantes - Gold Soil Geochemical Anomalies  Recent exploration results supporting multiple drilling targets 36 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)

  37. Slide 37: Tombstone - NSAMT Line 3 Pseudo-Section

    Tombstone - NSAMT Line 3 Pseudo-Section Strong conductor 200m below surface, Shallow Conductor, possible possibly buried, mineralized intrusion, skarn cultural influence (eg. pipeline) Moderate conductor 600m below surface, possible CRD massive sulfides 37 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZ

  38. Slide 38: 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 stage coach! 38 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)

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