Aztec Minerals released the results of 4 holes today from its Tombstone Project, Arizona. These holes are 300m north of the previously released 4-hole Central Spoke pattern, along the Contention open-pit.
These include (note: these are true widths), which range from 30% to 55% of stated widths:
- 13.71m @ 0.78 g/t Au, 23.5 g/t Ag or 1.09 AuEq g/t
- Including 4.57m @ 3.65 g/t Au, 48.5 g/t Ag or 4.30 AuEq g/t
- 19.81m @ 0.41 g/t Au, 11.1 g/t Ag or 0.56 AuEq g/t
- Including 6.10m @ 0.77 g/t Au, 13.3 g/t Ag or 0.95 AuEq g/t
- 57.91m @ 0.59 g/t Au, 11.8 g/t Ag or 0.75 g/t
- Including 10.67m @ 1.57 g/t Au, 22.8 g/t Ag or 1.87 AuEq g/t
- 30.48m @ 3.21 g/t Au, 45.6 g/t Ag or 3.82 AuEq g/t
- Including 15.24m @ 6.18 g/t Au, 77 g/t Ag or 7.20 AuEq g/t
These were shallow drill holes and could be amenable to a bulk-tonnage, open-pit operation. Grades should be expected to increase at depth. There was a high-grade intercept peripheral to the underground tunnel, which is encouraging of 1.52m @ 12.8 g/t Au and 283 g/t Ag.
About the author
Chief Mining Analyst with GoldSeek.com and SilverSeek.com. Author of the Gold Seeker Report weekly newsletter and analyst at the 24K Gold Fund. Previously he was the Senior Mining Equity and Economic Analysis at The Morgan Report. He was a Co-Founder and Director of Lemuria Royalties, before it was acquired in March 2018. He also co-authored The Silver Manifesto with David Morgan in 2015.
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