Mining Co. Increases Arizona Gold-Silver Drill Campaign by 3,500 Meters

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1. Disclosure for the quote from the Stewart Thomson article published on April 27, 2026

1. For the quoted article (published on April 27, 2026), Aztec Minerals Corp. has paid Street Smart, an affiliate of Streetwise Reports, US$2,500.
2. Author Certification and Compensation: Stewart Thomson was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Thomson is a retired Canadian financial advisor who has passed the Canadian Securities Course as well as additional technical analysis courses that were mandated by his former employer and approved by Ontario regulatory bodies. For the past 15 years, he has been editing and writing numerous financial newsletters that have a strong focus on charts.  The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.

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2. Ownership and Share Structure Information

The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.

Aztec Minerals Corp. (AZT:TSX.V; AZZTF:OTCQB) released a slew of news on May 28, 2026. The most significant news is that Aztec has approved an additional 3,500 meters of reverse circulation (RC) drilling at the North Contention area of its Tombstone joint venture property. This drilling program began in June 2025 and will now total approximately 22,000 meters of combined core and RC drilling, with an additional approved budget of CA$1.4 million. The company hopes to use this additional drilling to target gold-silver oxide mineralization.

According to the press release, " he ongoing program has currently completed 14,162.5 m (meters) of RC drilling over 68 drill holes and 3,371.1 m of Core drilling over 9 drill holes. There are currently 14 RC drill holes shipped to the laboratory awaiting results and 3 Core drill holes are either awaiting core cutting or shipment to the laboratory prior to results."

The company's second piece of news is the beginning of an investor relations contract with Redwood Empire Financial Communications, which is operated by Michael Bayes in Alpharetta, Georgia, U.S. Redwood will provide corporate communications services to Aztec and will assist in developing and implementing investor communications and financial public relations.

Finally, Aztec will be participating in THE Mining Investment Event in Quebec City, Canada, from June 1-4, 2026, and the 2026 Precious Metals Summit in Beaver Creek from September 22-25, 2026. Company representatives will be available to speak with investors at both events.

Aztec Minerals Corp. is an exploration company focused on silver-gold projects in Sonora, Mexico, and Arizona, U.S. The Tombstone Project is located in Southeastern Arizona, and Aztec holds an 85% interest in the joint venture.

Metals Market Strong Despite Dip

Spot gold and silver prices tumbled on May 28, 2026, after fresh strikes between the U.S. and Iran unsettled hopes for an end to the war, despite President Trump claiming that a new 60-day ceasefire extension had been reached. Silver slipped to US$74.91, down 3.25% from the previous day. Still, the metal is still trading massively high compared to last year, when it sat at only US$33.29 per ounce.

Higher demand from electric cars, solar panels, data centers, and more are shoring up silver's future demand. Yahoo Finance quoted experts from both BlackRock and J.P. Morgan as saying, " By the end of 2026, experts predict silver's price will surpass US$80 per ounce, and it could reach US$100 per ounce by 2030."

Gold and silver are considered safe haven assets and are often regarded as sensible investments during times of global uncertainty, as The Economic Times said on May 28, 2026, writing: "The precious metals markets remain highly sensitive to interest rates, inflation expectations, and geopolitical developments."

Experts Note "Bullish Momentum"

¹On April 27, 2026, technical analyst Stewart Thomson gave the company a "Strong Speculative Buy" rating, with a short term price target of US$0.33 and a long-term price target of US$0.50. Thomson said that, "Volume is bullish, rising on rallies in the price, and fading on dips. MACD histograms are rising, and Stochastics is flashing a buy signal in the oversold zone."

Senior analyst of The Gold Advisor, Jeff Valks, gave Aztec's stock a "Buy" rating on May 28, 2026, saying: "The project has momentum, the drill plan is growing, and Tombstone still has that rare mix of history, access, and fresh modern work."

Historic Estimates to Fuel Drilling

The new Northern Contention area drill program is expected to continue through August 2026, with results expected in Q4 2026.

The company stated, "Aztec believes that the historic silver mines at Tombstone could be related to a much larger mesothermal system with CRD mineralization below the old mines. Since 2017, Aztec has completed geological mapping, geochemical sampling, and geophysical surveying to identify the most prospective areas for Au-Ag mineralization around and below the Contention open pit, and CRD zinc-lead-copper-silver-gold mineralization below the entire district. Aztec management views the district as highly prospective for the discovery of mesothermal and CRD mineralization."

In Q2 2026, Aztec will begin planning for a 2026 exploration program for its Cervantes project in Mexico, according to the company's investor presentation.

Ownership & Share Information²

Aztec Minerals Corp. has a market cap of CA$49.10 million, with 188.84 million shares outstanding. The company's 52-week range is CA$0.17-CA$0.44.

Management & Insiders own 50% of shares. The remaining 50% of shares are Retail.