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Aztec Minerals update on Cervantes Property in Mexico

Mining News - Published on Thu, 18 Apr 2019

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Aztec Minerals Corp reported that interpretation of the recently completed airborne magnetic and radiometric survey data has interpreted multiple high-quality undrilled porphyry gold-copper targets on the Cervantes property in Sonora, Mexico. The California mineralized zone drilled by Aztec sits in a radiometric K/Th anomaly and a magnetic embayment adjacent to a magnetic high, both interpreted to represent the quartz feldspar porphyry host rock and related k-phyllic alteration associated with mineralization. New targets were also identified such as the Estrella Target, a substantial 1.3 km by 3.0 km series of northwest-southeast trending magnetic highs composed of outcropping pyrrhotite-pyrite-chalcopyrite bearing hornfels (sediments baked by their proximity to an intrusion) paired with 3 distinct magnetic highs interpreted to be altered QFP intrusions.

Joey Wilkins, President and CEO, said “We are very pleased to see the airborne geophysical survey at Cervantes successfully identified 11 prospective porphyry target areas, including several newly discovered high-quality targets. Pronounced northeast-southwest trends are enhanced in the new geophysical datasets in addition to clear northwest-southeast trends we believe are important mineralizing controls. We plan to follow up each prospect area with more detailed mapping, sampling and surveying to better define targets for drilling.”

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Posted By : Rabi Wangkhem on Thu, 18 Apr 2019
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