Aztec Minerals Corp. · TSXV:AZT
Aztec Minerals — Investor Presentation (April 2025)
43 slides from Aztec Minerals's investor presentation, April 2025
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 APRIL 2025 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)
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
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
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
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.
Slide 6: Capital Structure
Capital Structure Exchange Listings: TSXV:AZT, OTCQB:AZZTF Shares Issued: 123.7 million Options: 11.5 million (ave. strike: $0.25) Warrants: 29.9 million (ave. strike: $0.31) Fully Diluted: 165.1 million Insiders: 15.3 million (12%) Closely Held: 37.3 million (30%) Working Capital*: C$1.0 million Ma
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
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
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 (green) around and below the Contention pi
Slide 10: 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
Slide 11: Contention Southern Extension – Bonanza Silver
Contention Southern Extension – Bonanza Silver Bonanza 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
Slide 12: RC Drilling Expansion Target Area
RC Drilling Expansion Target Area Recently Completed Expansion Drilling Program (RC) 17 holes, 3,129m 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 t
Slide 13: 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
Slide 14: Contention Pit Mineralized Zones
Contention Pit Mineralized Zones Recent Drilling has intersected multiple broad zones with high- grade silver and gold intercepts Every one of the 68 drill holes in 2020-24 programs totaling 9,600m intersected wide, shallow oxidized Au-Ag mineralization Recent Program Drilled 17 holes up to ~265
Slide 15: Recent Contention Zone Drill Sections, O, M
Recent Contention Zone Drill Sections, O, M 15 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)
Slide 16: Recent Contention Zone Drill Section K, N
Recent Contention Zone Drill Section K, N 16 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)
Slide 17: Contention Zone Drilling Long Section
Contention Zone Drilling Long Section 17 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)
Slide 18: Contention Zone AuEq Drill Highlights
Contention Zone AuEq Drill Highlights Drilling Highlights: TR24-16: 0.90 gpt Au and 76.2 gpt Ag (1.85 gpt AuEq) over 106.4m – Contention Southern Extension 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 TC23-0
Slide 19: Westside Target – New Geological Model
Westside Target – New Geological Model First pass shallow drilling at the Westside area is targeting the continuity of multiple high-grade mineralized structures The Westside area’s first pass drilling portion of the current RC program is testing multiple mineralized structures of known, historic
Slide 20: 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
Slide 21: 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
Slide 22: 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
Slide 23: Tombstone Drill Ready CRD Targets
Tombstone Drill Ready CRD Targets 23 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)
Slide 24: Tombstone Drill Ready CRD Targets
Tombstone Drill Ready CRD Targets 24 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)
Slide 25: 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
Slide 26: 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
Slide 27: Cervantes Project Geology
Cervantes Project Geology Multiple Exploration Targets Expansion drilling ongoing at California Target 27 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)
Slide 28: 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 28 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)
Slide 29: 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 29 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)
Slide 30: 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
Slide 31: 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 @
Slide 32: 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
Slide 33: 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
Slide 34: 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.
Slide 35: Recent Milestones & Next Steps
Recent Milestones & Next Steps Corporate 2024: Closed $3.7 million in private placement financings 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 and expandi
Slide 36: Why Aztec Minerals?
Why Aztec Minerals? Experienced Management and Directors, successful track records for discovering orebodies, operating mines and selling companies Attractive Valuation, C$22.9 Million Market Cap with 123.7 million shares issued, Insiders own 12%, Closely-held 30%, Alamos Gold investment Two P
Slide 37: Appendix
Appendix 37 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)
Slide 38: Cervantes – California Zone West-East Section
Cervantes – California Zone West-East Section 38 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)
Slide 39: 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
Slide 40: Cervantes – Aeromagnetic Geophysical Anomalies
Cervantes – Aeromagnetic Geophysical Anomalies Evidence of large intrusives in an extensive trend Positive correlation with California intrusive related Au discovery 40 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)
Slide 41: Cervantes - Gold Soil Geochemical Anomalies
Cervantes - Gold Soil Geochemical Anomalies Recent exploration results supporting multiple drilling targets 41 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)
Slide 42: 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 42 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZ
Slide 43: 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! 43 Aztec Minerals Corp. (TSXV: AZT, OTCQB: AZZTF)