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Aztec Minerals Options Historic Tombstone Silver Mining Properties in Arizona
Dec. 18, 2017 09:05AM PST
Silver InvestingAztec Minerals (AZT: TSX-V, OTCQB: AZZTF) (“Aztec”) announces it has signed an option agreement with Baroyeca Gold & Silver (and its US subsidiaries Tombstone Gold & Silver Inc. and Tombstone Resources, collectively “Baroyeca”) to acquire a 75% interest in a package of mineral properties (the “Properties”) containing many of the historic silver mining properties in the …
Aztec Minerals (AZT: TSX-V, OTCQB: AZZTF) (“Aztec”) announces it has signed an option agreement with Baroyeca Gold & Silver (and its US subsidiaries Tombstone Gold & Silver Inc. and Tombstone Resources, collectively “Baroyeca”) to acquire a 75% interest in a package of mineral properties (the “Properties”) containing many of the historic silver mining properties in the famous Tombstone mining district, Cochise County, Arizona.
The Properties include the historic Contention Mine and surrounding patented claims totalling 404 acres (163.5 hectares) with an additional 24 acres (9.7 hectares) of unpatented claims.
Aztec Minerals CEO Joey Wilkins commented:
“Tombstone adds a second district-scale exploration project to our property portfolio. We are acquiring these Tombstone properties because we see an entire district with a prolific history of small scale, high-grade mining and a significant lack of modern exploration to discover new orebodies.
We have identified several shallow oxide and deeper sulphide precious and base metal exploration targets in the Property, including in and around the Contention Pit.”