News Update
Azteca Gold Corp.: Surface
Geochemical Results Reported and Layne de Mexico to Begin 5,000m RC
Drill Program at Guerra al Tirano
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September 19, 2007
Shares issued: 98,574,802
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Symbol: TSX-V:AZG
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SPOKANE, WASHINGTON--(Marketwire - Sept. 19, 2007) - Matthew Russell,
President of Azteca Gold Corp. (the
"Company") (TSX VENTURE:AZG) announces that the Company has
completed analysis and mapping of the first phase of soil geochemistry at
its flagship exploration project, Guerra al Tirano
(GAT), near Temoris, Chihuahua, Mexico. Mr.
Russell is also pleased to announce today that the Company has signed an
agreement with Layne de Mexico,
S.A. de C.V. for 5,000
meters of reverse circulation (RC) drilling to
begin at GAT September 24, 2007.
The first phase of soil sampling
targeted the main vein structures but also included broad based samples
to confirm potential for disseminated mineralization. A total of 504
samples were taken over a strike length of 1.6 kilometers.
The average gold grade across the samples was .3 grams per tonne
and the average silver grade was 13 grams per tonne. Gold ranged to as
high as 11 grams
per tonne and silver ranged to a high of 643 grams per
tonne. Because of the volume of assay data mapped, we encourage a visit
to our Guerra al Tirano (GAT) web page of our
website at www.azteca-au.com to review the gold and silver geochemical
maps.
Samples were prepped in Hermosillo, Sonora,
Mexico at ALS Chemex and then assayed by ALS Chemex
in Vancouver, BC, Canada
using the atomic absorption method for gold and intercoupled
plasma analysis for silver. In the assays, detection limit is 0.005 ppm for gold and 1.0 ppm
for silver. Gold sample results above 10 ppm
were also fire assayed followed by gravimetric finish to determine the
grade. Silver sample results above 200 ppm were
also assayed with an aqua-regia digestion
followed by the intercoupled plasma analysis to
determine the grade.
The primary focus of the RC
drilling program will be the vein structures of the Guerra al Tirano and Reyna de Oro concessions but will also
include the primary structure of the Tres de
Mayo concession. Drilling is expected to be ongoing throughout the fourth
quarter.
This press release has been
reviewed by John Mears, who is the qualified person for this press
release as defined by National Instrument 43-101.
For further information, please contact:
Azteca Gold Corp.
Matthew Russell,
President
Telephone: 1-509-464-0172
Email: info@azteca-au.com
Website: www.azteca-au.com
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.
The TSX Venture Exchange has not
reviewed and does not accept responsibility for the adequacy or accuracy
of this release.