Northwire Canada EditionSaturday, November 7, 2026
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
Drill Results Routine +

Aztec Drilling Expands Oxide Gold-Silver Zone Step Outs at Tombstone; intersecting 2.31 gpt Au and 43.23 gpt Ag over 27.4 m within 66.9 m of 1.05 gpt Au and 23.21 gpt Ag

Aztec Minerals Expands Tombstone Oxide Zone but Market Remains Cautious Ahead of Maiden Resource Estimate

By The Northwire Desk — AI Analysis May 14, 2026 · 07:00 AZT · 0.25 Aztec Minerals Corp.
Executive Summary
  • Aztec Minerals reported drill results from holes TR26-15 through TR26-19 at the Tombstone Project in Arizona.
  • Results demonstrate expansion of the Contention target area with wide, shallow oxide gold-silver mineralization.
  • Hole TR26-19 intersected 66.9 m @ 1.05 gpt Au and 23.21 gpt Ag (1.47 gpt AuEq), including a high-grade zone of 27.4 m @ 2.31 gpt Au and 43.23 gpt Ag.
  • The 2025-2026 drilling program totals 17,000m with 70 RC holes and 8 core holes completed to date.
  • CEO Simon Dyakowski states the project appears to be a much larger oxide gold-silver system than historically considered open pit.
Material Impact
  • The news confirms ongoing exploration success consistent with previous announcements from January through April 2026.
  • While grades are high, this is part of a continuous drill program leading toward the Maiden Mineral Resource Estimate (MRE) expected in late Q3 2026.
  • No new financing or strategic partnership was announced; capital needs were previously addressed with $13.6M raised in late 2025.
  • The market has already reacted to similar drill results earlier in the year, evidenced by the price correction from January highs ($0.43) to current levels ($0.25).
  • This announcement is incremental validation of the project scale rather than a sudden paradigm shift or game-changing event like an acquisition or major resource definition.
AZT · Price
Company Overview
  • Company: Aztec Minerals Corp., focused on gold-silver polymetallic deposits in Arizona (USA) and Sonora (Mexico).
  • Flagship Project: Tombstone Property, Arizona (85% JV interest). Historic production of ~32M oz Ag and 250k oz Au. Current focus is expanding shallow oxide zones for potential heap-leach operation.
  • Secondary Asset: Cervantes Project, Mexico (100% owned), a porphyry gold-copper project with surface sampling showing high-grade anomalies up to 15.6 gpt Au.
  • Status: Exploration stage; no compliant resource estimate yet despite extensive drilling since 2020.
Read the original news release →

More from Aztec Minerals Corp.

Oct 22, 2026 · 07:00

Aztec’s west step-out extends 190 m at 0.67 g/t AuEq, lower than the 1.3-1.7 g/t grades in prior headlines.

Drill Results Sep 22, 2026 · 09:25

Aztec raises C$6.4m to fund tombstone and cervantes exploration ahead of q4 maiden resource estimates.

Financings Sep 02, 2026 · 16:34

Aztec secures financing to advance the Tombstone project, supporting maiden resource definition and step-out drilling activities.

Financings Sep 02, 2026 · 07:00

Aztec’s 255 m step-out extends Tombstone to 1.25 km with positive continuity and in-line grades.

Drill Results Aug 26, 2026 · 07:00

Aztec completes land consolidation for its project, with a maiden resource expected in the fourth quarter of 2026.

M&A / Property Aug 05, 2026 · 07:00

Aztec’s North Extension step-out at Tombstone returned 88.4m of 1.69 g/t AuEq, expanding the oxide footprint.

Drill Results