SPOKANE, WASHINGTON--(Marketwire - March 22, 2011) -

NOT FOR DISSEMINATION IN THE UNITED STATES.

Azteca Gold Corp. (the "Company" or "Azteca") (News - Market indicators) previously announced, by press release dated October 6, 2010, an extensive assay program for the Company's 100 percent-owned Two Mile project in the Silver Valley, Idaho. Azteca's Qualified Person, Dick Nanna, has determined that prior to the release of further assay results on the Two Mile project, the Company will undertake a comprehensive check assay program. Azteca is in the process of securing funding for the check assay program. Once funding is obtained, the Company will provide an estimated timeframe for completion of the check assay program.

This press release has been reviewed and approved by Dick Nanna, a Company director and the Company's Qualified Person as defined in National Instrument 43-101.

WARNING: the Company relies upon litigation protection for "forward looking" statements. The information in this release may contain forward-looking information under applicable securities laws. This forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those implied by the forward-looking information. Factors that may cause actual results to vary material include, but are not limited to, inaccurate assumptions concerning the exploration for and development of mineral deposits, currency fluctuations, unanticipated operational or technical difficulties, changes in laws or regulations, the risks of obtaining necessary licenses and permits, changes in general economic conditions or conditions in the financial markets and the inability to raise additional financing. Readers are cautioned not to place undue reliance on this forward-looking information. The Company does not assume the obligation to revise or update this forward-looking information after the date of this release or to revise such information to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws.