Impact: Positive
Aztec reported assays from five additional RC holes completed at its 85%-owned Tombstone Ag-Au project in Arizona. The Phase 1 drilling program (~9,500m) is targeting the expansion of shallow, bulk-tonnage style, oxide mineralization in primarily two areas: the Contention Pit and the South Extension. Results continue to demonstrate continuity of shallow, oxide mineralization at the Contention Pit with broad intercepts and have extended mineralization in underexplored target areas like the Westside area, boding well for a future MRE. Drilling to date has extended the mineralized strike of the Contention system to over 1km N-S and over 400m E-W, with plenty of exploration upside still present at the project, as the Contention system is yet to be defined. We look forward to seeing the remaining assays from the RC and core drilling program at Tombstone.