Tombstone Property Land Position Expansion Completed

VANCOUVER - Aztec Minerals Corp. and Dragoon Resources LLC reported the staking and filing of 31 new unpatented lode mining claims in the Historic Tombstone Silver-Gold Mining district in Southeastern Arizona, totaling 211 hectares (522 acres), increasing the overall Tombstone Project JV land package by 46.7% from 452 hectares to 663 hectares (1,639 acres).

The Tombstone Property joint venture (JV) management committee also announces that the respective partners’ participating interests have been adjusted, with the new joint venture participating interests recalculated to 78.7% Aztec (from 77.7%) and 21.3% Tombstone Partners (from 22.3%).

The new unpatented claims are near or adjoining the Tombstone Property core patented and unpatented claims in a semi-circle from the east clockwise to the northwest, consolidating further the Tombstone JV’s ownership in the mining district and expanding opportunities to explore new targets in the historic Tombstone Silver-Gold District.  The new unpatented claims were staked on open ground and have no underlying royalties or work commitments.

CEO, Simon Dyakowski, said, “We have again advanced the consolidation of the historic Tombstone district with the acquisition of these unpatented lode mining claims.  We are excited to continue to explore targets in the historic Tombstone district which is notable for hosting some of the highest silver and gold grades of the late 1800s mining era.  The opportunity to add land holdings in the mining friendly jurisdiction of Arizona highlights the attractiveness of our expanding land position at the Tombstone Project.”