Northwire Canada EditionWednesday, August 26, 2026
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GOLD 4684.80 −0.2% SILVER 68.72 +0.1% COPPER 6.70 −1.7% OIL 80.23 −2.6% PALLADIUM 1337.25 −0.9% FFM 1.87 +0.0% VCT 0.065 +0.0% MLP 2.77 +0.4% BAU 0.210 −4.5% GTC 0.980 +0.0% FL 0.415 −1.2% NUAG 9.78 +4.0% VCU 1.33 +1.5% SHL 0.415 +5.1% SGO 0.215 +2.4% SYH 0.485 +7.8% SVRS 0.540 +0.0% SCD 0.205 −10.9% VIZ 0.245 +0.0% SBMI 0.140 +0.0% MJS 0.105 +5.0% GOLD 4684.80 −0.2% SILVER 68.72 +0.1% COPPER 6.70 −1.7% OIL 80.23 −2.6% PALLADIUM 1337.25 −0.9% FFM 1.87 +0.0% VCT 0.065 +0.0% MLP 2.77 +0.4% BAU 0.210 −4.5% GTC 0.980 +0.0% FL 0.415 −1.2% NUAG 9.78 +4.0% VCU 1.33 +1.5% SHL 0.415 +5.1% SGO 0.215 +2.4% SYH 0.485 +7.8% SVRS 0.540 +0.0% SCD 0.205 −10.9% VIZ 0.245 +0.0% SBMI 0.140 +0.0% MJS 0.105 +5.0%
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.

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 Jul 15, 2026 · 07:00

Aztec reports 155m of 1.08 g/t Au oxide extending the Tombstone deposit, though true width and cutoff grades remain undisclosed.

Drill Results Jul 02, 2026 · 07:00

Aztec Engages Kappes, Cassiday & Associates to Advance Metallurgical Testing of Oxide Gold-Silver Mineralization at Tombstone

Technical Study May 28, 2026 · 07:00

Aztec Expands Tombstone Drilling to Fuel Q3 Resource Estimate Amidst Consolidated Price Action

Drill Results Apr 30, 2026 · 07:00

Aztec Minerals Initiates Resource Definition on Tombstone and Cervantes Following Extensive Drilling Campaign

Production / Operations