Simon Dyakowski

Aztec Minerals: High-Grade North Extension Drill Results, Extends Strike Length To Over 1,250 Meters

• Top takeaway The guest argues the north extension is the same mineralized structure continuing north, with strategy focused on expanding the zone in all directions rather than infilling — and points to a sigmoidal bend that explains why drill holes veer east.
• Defends the timing and pricing of the recent financing — anchored off a C$70M market cap at C$0.32, roughly double last year's C$0.235 — as a way to fund drilling, the mid-October maiden MRE, and a 2027 PEA without over-diluting.
• Frames the coming news flow as drill results through year-end, a maiden MRE in mid-October, and a 2027 PEA — calling the sequence a mix of exploration and study milestones aimed at unlocking value on Tombstone.
• Says treasury was roughly C$3.5M pre-financing and combined with the new raise plus Sept. 25 warrant exercises (~C$500K) brings pro-forma cash to about C$10M.
• Plays down the market reaction to the financing — saying the stock was only off ~C$0.01 from C$0.355 pre-announcement — as evidence that investors are comfortable with the terms.

Tombstone's North Extension step-outs added 255 meters of strike to a now 1,250-meter trend, including 83.8 meters of 1.31 g/t gold equivalent. Drilling over the next two months will test parallel structures to the west and northeast, with roughly 2,000 meters of core still awaiting assays. A $5.6 million bought-deal financing plus $0.30 warrants expiring September 25 lift cash on hand to roughly $10 million. A maiden mineral resource estimate targets mid-October, with a Preliminary Economic Assessment (early-stage economic study) slated for 2027.

Aztec Minerals - Land Consolidation at Tombstone, Expanding Drill Targets & Path to Maiden Resource

• Top takeaway Frames the Tombstone land consolidation as accomplished after five or six years of effort, with the company's near-term focus shifting from acquisition to exploring and de-risking the core land package
• Argues the upcoming maiden mineral resource estimate (about 30,000m of drilling, 170-180 holes, up to 1.4 km of strike) is a point-in-time snapshot and that mineralization remains open with significant growth potential
• Highlights hole 39 in the new northern ground (88.4m at 1.42 g/t gold plus just under 15 g/t silver, or 1.69 g/t gold equivalent) and flags 11 additional northern holes awaiting assays as the near-term catalyst
• Plans to keep drilling rather than return the rig, with the 17,000m program upsized to 22,000m (about 21,000m complete as of Aug 27) and a further expansion announcement expected in coming weeks
• Sits on more than $3M in cash, fully funded for the next drilling rounds, with warrant exercises supplementing the treasury

Aztec Minerals (TSX-V: AZT) added 241 surface acres plus 414 mineral acres at its Tombstone gold-silver project, growing the land package sixfold since 2017. Hole 39 in the newly consolidated north target cut 88.4m at 1.42 g/t gold plus roughly 15 g/t silver; 11 more drill holes are pending assays. The 22,000-meter drill program is at 21,000 meters complete; the company plans to announce a drill program expansion into fall within weeks. An upcoming maiden mineral resource estimate will draw on roughly 30,000 meters of drilling across a 1.4-kilometer strike, with continued drilling targeting western and southern step-outs. Treasury holds over $3 million in cash plus incoming warrant exercises, fully funding the next phase of exploration.

Aztec Minerals - North Extension Zone: High-Grade Drill Results, Upcoming Maiden Resource

• Top takeaway Dyakowski frames the north extension as a long-sought, project-changing addition whose first holes confirm continuity of the contention zone and a more gold-rich character to the north
• He is committing to aggressive continued drilling, with the rig returning around August 15, 2026 after a short break, and expects most near-term drilling to be concentrated in and around the north extension
• He has structured the work to lock the maiden MRE at hole 50 for an early Q4 2026 release while continuing to drill, explicitly positioning growth potential beyond the maiden estimate
• Dyakowski leans into a 'gold story with a silver kicker' narrative to argue the stock has been overly punished by silver-price volatility, while still keeping the silver exposure as upside leverage
• He points to historical 1980s heap-leach and Merrill-Crowe operation at Tombstone as evidence the mineralization is amenable, with a current Capis Cassady (Reno) metallurgical survey underway to demonstrate it for the market

First step-out holes on the newly acquired North Extension extend the Contention zone trend north across the former property boundary. Hole 39 cut 88m @ 1.69 g/t gold equivalent (AuEq — total metal value restated as gold grade) from near surface, including 6m above 13 g/t. Mineralization runs roughly 70/30 gold to silver here, gold-dominant in the north and more silver-rich south and west. Maiden Mineral Resource Estimate (MRE — first formal tonnage and grade disclosure) is targeted for early Q4, based on results through hole 50. Leach-amenability testwork at Kappes Cassaday will revisit 1980s-era Merrill-Crowe silver-recovery results for current metallurgical assumptions.

Aztec Minerals - Record Drill Results and Upcoming Maiden Resource Estimate at Tombstone

• Top takeaway He argues TR26-30 validates the refined drilling setup — a crew on site for 14 months with better equipment — which let Aztec drill much deeper through ground that caved in prior years and deliver the property's thickest well-mineralized intersection.
• He frames Aztec as transitioning from CRD exploration to de-risking a shallow oxide gold-silver deposit, capping deep CRD drilling at about 20% of time and money while prioritizing the maiden resource and a hoped-for rerate on open-pit economics.
• He treats the first-pass holes in new target areas, including near the Independence Mine, as wins because they hit mineralization instead of the dusters common in first-pass drilling, calling them vectors for expansion discoveries.
• He expects pending deep core holes TC26-02 and TC26-05, plus downhole geophysics, to clarify the system's plumbing and potentially point to a sulfide discovery at depth.
• He notes Aztec's results and share price bucked a weak summer market during consolidation, which he reads as a good omen for the back half of the year as precious metals seasonally bottom around this time.

Aztec Minerals reports its thickest well-mineralized intersection yet at Tombstone, Arizona: 155.4 metres averaging 1.63 gpt gold-equivalent (grams per tonne, gold plus silver). Reverse circulation drilling is pushing mineralization east and north beyond the main Contention pit, with first-pass holes in new areas all hitting gold. First core holes testing deep CRD-style targets returned narrow intersections; downhole geophysics will refine which structures justify costlier follow-up drilling. A maiden Mineral Resource Estimate (a first formal tally of deposit size and grade) is targeted for late September, with drilling through mid-August included. A Tucson lab deal cut assay turnaround to three weeks; about 19,000 of 21,000 program metres are drilled with results pending.

GSP Resource - Unlocking the Copper & Gold Potential of the Historic Alwin & Mur Projects

GSP Resource Corp controls the historic high-grade Alwin copper mine and the Mur porphyry project in BC's prolific Highland Valley copper district. The company is fully funded for a Phase 1 summer drill program targeting shallow copper mineralization and an underexplored western gold zone. Management highlights a tight share structure, distressed valuation, and significant regional momentum driving a major camp renewal.

Aztec Minerals - Drill Results Expanding Gold-Silver Zones at the Tombstone Project, Arizona

Step-out drilling successfully expands the gold-silver oxide zone at the Contention Pit, extending mineralization westward and at depth. Upcoming maiden resource estimates for both Tombstone and Cervantes projects will integrate the latest positive drill data. Summer RC drilling program aims to efficiently delineate open-pit potential and further de-risk the project's overall profile.

Aztec Minerals - Drill Results Expand Gold Mineralization At The Westside & Contention areas

Aztec Minerals reports 107.9 meters of 0.62 g/t gold and 24.8 g/t silver at Westside, confirming a unified, continuous mineralized system with Contention. Drilling reveals significant bulk tonnage potential with a lower-grade 'halo' effect, supporting a viable open-pit mining model at the Tombstone Project. Company holds $6.5 million CAD in cash, fully funding exploration through summer, with current focus on the high-priority Hard Up exploration area.

Simon Dyakowski of Aztec Minerals talks to Robert Sinn | Metals Investor Forum | January 2026

Simon Dyakowski, CEO of Aztec Minerals, presents the company's dual-asset strategy at the Metals Investor Forum, highlighting the Cervantes porphyry gold-copper project in Mexico. Aztec's Tombstone Project in Arizona offers significant upside with high-grade CRD silver-lead-zinc potential, positioning the junior for discovery-driven growth. The Metals Investor Forum provides investors direct access to vetted junior mining companies with excellent management teams and promising properties.

Simon Dyakowski of Aztec Minerals presents at Metals Investor Forum in Vancouver | January 2026

Simon Dyakowski, President & CEO of Aztec Minerals, presents the company's investment thesis at the Metals Investor Forum in Vancouver. Aztec Minerals trades on the TSX-V under ticker AZT and OTCQB under AZZTF, offering exposure to mineral exploration. The forum highlights vetted junior mining companies with excellent management, strong financials, and promising properties.

Aztec Minerals - Drill Results At Tombstone Expand Gold-Silver Mineralization To Over 1KM

• Top takeaway Argues the project is best understood as one north-south system with strike now over 1 kilometer, rather than separate 'contention,' 'main pit,' and 'southern extension' zones — and that the southern extension discovery made in 2024 has effectively linked them.
• Frames the economic shift from gold-dominant to silver-dominant as drilling moves south and west, citing Hole 2417 (57.8m at 5.15 g/t Au + ~40 g/t Ag) versus Hole 2416 (1.5m at 3,700 g/t Ag + 45 g/t Au) and noting silver at roughly US$100–110/oz now drives dollar value at the southern end.
• Highlights the potential for a low strip ratio given the shallow component of mineralization, prior pre-stripping by 1970s–80s operators, and about six north-south QFP dikes that could broaden the footprint laterally beyond the current pit.
• Describes the western side as an anticline target where historic high-grade silver stopes from the 1800s coincide with a roughly 50-year-old mine plan contemplating a 500m pit-wall pushback — the focus of the next round of east-west step-out drilling.
• Flags deep hole TC2504 (~7,800m / 2,600 ft) east of the pit testing the NSAMT conductor target identified in 2020, with visible mineralization at the top of the hole near historic heap-leach infrastructure and assays pending; a 10-day drilling break precedes additional western step-outs.

Aztec's Tombstone drill results now tie the North Pit and Southern Extension into a single 1+ kilometer mineralized system. Mineralization shifts from gold-dominant in the north to silver-dominant in the south, suggesting Tombstone's silver district roots. CEO Simon Dyakowski says the 12,000-meter drill program plus a deep conductor test (hole TC2504) will run through end of March. The team is using 3D modeling to target historic high-grade stopes on the west side and grow east-west width. Past pre-stripping from the 70s and 80s mining may give Aztec a low strip ratio - less waste rock to move per tonne of ore.

Aztec Minerals - 2025 Drilling Success, Resource Potential & 2026 Growth Plans

• Top takeaway Frames 2025 as a 'foundational year' for Aztec, anchored by record silver (~26m of ~550 g/t AgEq in hole 24/16) and record gold (hole 17: 57-58m of 5+ g/t gold) intercepts at Tombstone.
• Self-described 'silver bug at heart' — most excited by the high-grade silver potential to the south and west, where historic drilling (e.g., hole 16: 1.5m of ~3,700 g/t silver and 45 g/t gold) shows a higher silver ratio.
• Targets a maiden resource at Tombstone by end of Q1 2026, explicitly framing it as a starting point rather than a definition, with growth potential across all directions.
• Views the deep CRD target as potentially 'needle-breaking' if hit — TC4 drilling is underway at ~450m depth (target starts ~500m), and a prior 700m hole demonstrates the team can drill through the Bisbee group formation.
• Argues Tombstone is a fit for a silver-focused precious metal producer to develop, and positions Cervantes as a 'free option' for shareholders with another drill program planned for 2026.

Aztec closed 2025 with record Tombstone drill hits — highest-ever silver (~26m of ~550 g/t silver-equivalent) and gold (~57-58m of >5 g/t gold, ~1 oz silver). Drill program grew from 5,000m to 8,500m and may expand further; a $10M institutional bought-deal raise and ~$9M cash back 2026 work. A maiden resource estimate is targeted for end of Q1 2026 from 22,500m+ of drilling — framed as a starting point, not a definition. Deep CRD-style drilling (TC4 hole nearing 500m) tests historic high-grade lead-zinc-copper-silver mineralization; success could materially re-rate the project. Mineralization trends gold-rich to the north, silver-dominant south/west; a follow-up drill program is slated at the Cervantes gold-copper porphyry in Mexico.