Tombstone JV Patented Land Position Expanded By Acquiring Historic High-Grade Silver-Gold Westside Mine

VANCOUVER - Aztec Minerals Corp. announced the acquisition of one patented claim (private property rights) amounting to 7.82 hectares (19.33 acres), increasing the overall Tombstone Joint Venture (75% Aztec) land package to 452.02 hectares (1,116.94 acres). Aztec and Dragoon have acquired the Westside patented claim from a third-party. The claim immediately adjoins the Tombstone property core patented claims to the northwest, expanding opportunities to explore new targets in the historic Tombstone Silver District in Southeastern Arizona. The patented claim was purchased outright and has no underlying royalties or work commitments.

CEO Simon Dyakowski, said, "Aztec and our partners have again advanced the consolidation of the historic Tombstone district with the acquisition of a fifth patented claim since recommencing exploration activities at the project in 2020. We are excited to explore targets toward and including the historic Westside Mine which is notable in the district for hosting some of the highest silver and gold grades of the late 1800s mining era. The opportunity to add private land holdings in the mining friendly jurisdiction of Arizona highlights the attractiveness of our expanding land position at the Tombstone Project."

The Westside patented claim covers several historic mine shafts, and prospects. Its main shaft had adjacent exploitation by underground workings with a vertical extent over 240 meters in depth. The West Side claim has the majority of the northeast striking Westside fissure-vein system. The claim covers on strike the Westside fissure for 450 meters with its oxidized, mesothermal quartz-gossan silver-gold mineralization. The Westside claim also has oxidized CRD replacement style, silver-lead-gold-copper mineralization hosted in the Westside roll (anticline) which continues into the Tombstone project for a total of a 650 meter long, southeasterly trend. The Westside roll (B.S. Butler, et.al., 1933) is reported to host multiple horizons of oxidized to mixed-supergene mineralization hosted in Mesozoic Bisbee Group clastic sediments, Paleozoic limestones, and Tertiary quartz-feldspar porphyry dikes.