Aztec Minerals Corp. · TSXV:AZT

Aztec Minerals — Investor Presentation (January 2021)

32 slides from Aztec Minerals's investor presentation, January 2021

  1. Slide 1: Elephant Hunting in North America

    ELEPHANT HUNTING IN NORTH AMERICA Porphyry Gold-Copper Discovery in Sonora, Mexico CRD Silver-Lead-Zinc-Gold Potential in Arizona, USA AZT: TSXV, AZZTF: OTCQB JANUARY 2021

  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 Focused on Discovery  Aztec Minerals Corp. (AZT: TSXV) (AZZTF: OTCQB) is a mineral exploration company focused on the discovery of large poly-metallic mineral deposits in North America Experienced Management and Board  Experienced management and board have a proven track record

  4. Slide 4: Investor Highlights

    Investor Highlights Why Elephant Hunting?  Major mining companies need large ore deposits to sustain their business, but they rely more and more on M&A rather than exploration to replace reserves  Juniors companies now dominate the exploration sector and have expertise in making new discoveries 

  5. Slide 5: Project Locations

    Project Locations Tombstone - Southeast 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 Cervantes – Sonora Mexico 160 km east of Hermosillo 60 km west of Alamos Gold’s Mulatos Gold Mine 50 km

  6. Slide 6: Tombstone Project Highlights

    Tombstone Project Highlights  Well located property, patented land, road access, great infrastructure, historic mining town, full services including water and power  Historic silver district that produced 32 million oz from 1878-1939 from CRD deposits and high grade, oxidized, silver-gold-lead-zin

  7. Slide 7: Tombstone - Property, Geology, Mines

    Tombstone - Property, Geology, Mines  Historic silver mines (red mine symbols) lie along structures (red lines) cross cutting Bisbee Group sediments (light-green)  Taylor-type CRD potential lies below the old mines and Bisbee Group sediments within underlying Paleozoic limestones (blue, green, lig

  8. Slide 8: Tombstone 2020 Drill Program Highlights

    Tombstone 2020 Drill Program Highlights  19 of 21 holes drilled in three areas, the North, Central and South drill patterns, intersected widespread gold and silver mineralization, extending the mineralized zone along 830 meters of strike down to 100 meters depth below the Contention open pit.  Mos

  9. Slide 9: Tombstone 2020 Drill Plan Map

    Tombstone 2020 Drill Plan Map 9 MISSION DISCOVERY

  10. Slide 10: Tombstone 2020 Drill Long Section

    Tombstone 2020 Drill Long Section 10 MISSION DISCOVERY

  11. Slide 11: Tombstone 2020 Drill Long Section – Central Area

    Tombstone 2020 Drill Long Section – Central Area  Four holes were drilled in a spoke pattern near the centre of the Contention open pit, highlighted by hole TR20-02 which returned 0.94 gpt gold and 42.1 gpt silver (1.60 gpt gold equivalent (AuEq) over 77.72 m, and hole TR20-03 which returned 97.53

  12. Slide 12: Tombstone – 2020 Drill Results

    Tombstone – 2020 Drill Results Drill Hole From_m To_m * Int_m Au Ag Au_EQ Comments TR20-002 016 Az, -60 19.81 96.01 *67.06 1.07 42.1 1.60 *Excludes 9.14m of Tunnels TD, 156.97m 19.81 45.72 25.91 0.83 21.7 1.10 45.72 59.44 12.20 3.18 136.4 4.89 83.82 92.96 9.14 0.62 21.0 0.88 102.11 115.82 13.72 0.32

  13. Slide 13: Tombstone – 2020 Drill Results (continued)

    Tombstone – 2020 Drill Results (continued) Drill Hole From_m To_m * Int_m Au Ag Au_EQ Comments TR20-09 098 Az, -85 32.00 65.53 30.48 3.21 45.6 3.78 * Excludes 3.05m of Tunnel TD, 152.4m 32.00 50.29 15.24 6.18 77.2 7.15 * Excludes 3.05m of Tunnel 41.15 44.20 3.05 * * * * Underground Tunnel, no recove

  14. Slide 14: Bulk Tonnage Potential: Key Takeaways

    Tombstone Bulk Tonnage Potential: Key Takeaways Drilling Confirms Extensive Shallow Oxidized Gold-Silver Mineralization Below Contention Pit  Typical Open Pit Heap Leach Mines in the region run grades of 0.4-0.6 gpt gold, Tombstone Phase 1 RC drill results are high grade in comparison  Contention

  15. Slide 15: Potential for High Grade, CRD Polymetallic Mineralization

    Tombstone – Potential for High Grade, CRD Polymetallic Mineralization  Arizona Mining acquired the small, historic Hermosa Silver district, discovered the massive Taylor CRD deposit (100 million tonnes @ 10% ZnEq) below and beyond the shallow lead-zinc- silver veins, and attracted a $1.8 billion ta

  16. Slide 16: NSAMT Lines, 800m Elevation Anomalies

    Tombstone – NSAMT Lines, 800m Elevation Anomalies Deep polymetallic CRD Strong Resistor Large Conductor Mostly mineralization drilled by Interpreted to East of Contention Pit & Santa Fe Shallow gold-silver Represent Granodiorite Structures, Projected to Occur mineralization drilled by USMX Intrusive

  17. Slide 17: 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 17 MISSION DISCOVERY

  18. Slide 18: Impact of Taylor-Type Discovery on Arizona Mining

    Tombstone – Impact of Taylor-Type Discovery on Arizona Mining Arizona Mining (TSX:AZ) shares went from $0.25 per share pre- Arizona Mining - News Timeline discovery (2015) to $6.25 per share post-acquisition (2018) February 2015: Insiders lend $1.6 million to Company, Don Taylor appointed COO, $7.00

  19. Slide 19: Tombstone - Next Steps

    Tombstone - Next Steps  Finalize 75/25 joint venture agreement for the project  Complete phase 2 RC drill program targeting shallow epithermal oxide gold and silver targeting shallow epithermal gold & silver mineralization in and around the Contention Pit  Complete Phase 3 core drill program on t

  20. Slide 20: Cervantes Highlights

    Cervantes Highlights  Large well-located property, (3,649 hectares) good road access, private surface, water wells California Purisima Mine  Multiple prospective mineralized zones, related to <45 gpt Gold high level porphyries and breccias along 6.0 km Estrella corridor  Strong geochemical soil a

  21. Slide 21: Cervantes - Property, Geology, Targets

    Cervantes - Property, Geology, Targets 21 MISSION DISCOVERY

  22. Slide 22: Cervantes - Gold Soil Geochemistry Anomalies

    Cervantes - Gold Soil Geochemistry Anomalies 22 MISSION DISCOVERY

  23. Slide 23: Cervantes – Aeromagnetics & Geophysical Anomalies

    Cervantes – Aeromagnetics & Geophysical Anomalies 23 MISSION DISCOVERY

  24. Slide 24: Cervantes - California 2-Dimensional IP Chargeability Anomalies

    Cervantes - California 2-Dimensional IP Chargeability Anomalies Chargeability stronger at Chargeability weaker near depth (500m) due to surface due to oxidation sulfide mineralization? Long Section SW-NE, weaker shallow oxides and stronger deeper sulfides? 24 MISSION DISCOVERY

  25. Slide 25: Cervantes - California Geology and Drilling

    Cervantes - California Geology and Drilling 25 MISSION DISCOVERY

  26. Slide 26: Cervantes - California Drill Results, Metallurgical Recoveries

    Cervantes - California Drill Results, Metallurgical Recoveries  Phase 1 drill program completed 2,674 metres in 17 core holes mainly at California target, tested surface oxide zone to 150m depth, still wide open laterally and at depth  Long and consistent gold-bearing intervals from 14 drill holes

  27. Slide 27: Cervantes - Next Steps

    Cervantes - Next Steps  Extend detailed geologic, structural, and alteration mapping and sampling at the Purisima West, Estrella, Jacobo and Brazil targets and other targets at Cervantes  Plan and permit a substantial Phase 1 RC drill program to: • Expand California target laterally and to depth •

  28. Slide 28: Near Term Catalysts

    Near Term Catalysts January – June 2021:  Tombstone – Phase 2 RC drilling programs to continue testing shallow epithermal gold- silver mineralization  Tombstone – Phase 3 Core Drilling program targeting deeper CRD lead-zinc-silver-copper- gold mineralization in Paleozoic limestone underlying the p

  29. Slide 29: Capital Structure

    Capital Structure Exchange Listings: TSXV:AZT and OTCQB:AZZTF Shares Issued: 55.8 million Fully Diluted: 72.2 million Insider Holdings: 7.0 million (13%) Closely Held: 12.0 million (22%) Current Cash: CAD$2.0 million Market Capitalization: CAD$21.2 million 29 MISSION DISCOVERY

  30. Slide 30: Management and Directors

    Management and Directors Bradford Cooke, M.Sc., P. Geo., Chairman Founder of Aztec Minerals, Endeavour Silver and Canarc Resource, participated in several mineral Discoveries and mine developments, 43 years experience in the mining industry Simon Dyakowski, CFA, MBA, President & CEO Capital markets

  31. Slide 31: Why Aztec Minerals?

    Why Aztec Minerals?  Experienced Management and Directors, successful track records for discovering orebodies, operating mines and selling companies  Small Market Cap, CAD$21 Million with 55.8 million shares issued, Insiders own 13%, Closely-held 22%  Two Prospective Projects, Cervantes in Sonora

  32. Slide 32: Contact Information

    Contact Information Contact: Simon Dyakowski, President & CEO Vancouver, B.C. Cell: (604) 619-7469 Email: simon@aztecminerals.com Bradford Cooke, Chairman Vancouver, B.C. Tel: (604) 685-9770 Email: brad@aztecminerals.com Time to catch the Aztec stage coach! www.aztecminerals.com 32 MISSION DISCOVERY

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