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Tombstone Property

Aztec Minerals (AZT.V)
85% ownership interest
Expected NPV
—
Shown in the full report from 1,000 scenarios.
Market Cap
$46.7M
All dollar amounts in USD

Executive Summary

Locked

Executive Summary (overview)

  • One-paragraph overview tied to the latest reported drilling results date.
  • Estimated probability of advancing to a formal resource.
  • Typical ranges for grade, tonnage, mine life, and method mix.
  • Cost structure summary and where the project ranks vs peers.

Regional Gold Potential

Tombstone is located in United States, North America. The surrounding region has historically demonstrated a high potential for gold endowment and is very proximal to other gold properties. Physical setting (very high elevation, moderate relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Basic volcanic rocks, under very thin lithosphere with moderately thick sedimentary cover in a Meso- and Cenozoic Extended Crust tectonic province—factors that inform both deposit style and development complexity.

Tombstone location map
Gold heat map of the world. Warm colors indicate high gold endowment. Try the interactive version here.

Drill Intercepts

Reported results (Gold Equivalent) average high grade, very long, and very deep. The most recent intercepts are benchmarked against a global gold database.

Date Intercept (Gold Equivalent) Grade Length Depth
2026-07-15 10.06 g/t Gold Equivalent over 6.1 m from 121.9 m Very High Grade Thick Moderate Depth
2026-07-15 0.15 g/t Gold Equivalent over 3.0 m from 147.8 m Low Grade Thick Moderate Depth
2026-07-15 0.15 g/t Gold Equivalent over 4.6 m from 44.2 m Low Grade Thick Shallow
2026-07-15 0.15 g/t Gold Equivalent over 4.6 m from 0.0 m Low Grade Thick Very Shallow
2026-07-15 0.92 g/t Gold Equivalent over 4.6 m from 19.8 m Moderate Grade Thick Shallow
2026-07-15 0.33 g/t Gold Equivalent over 18.3 m from 18.3 m Moderate Grade Very Thick Shallow
2026-07-15 0.15 g/t Gold Equivalent over 6.1 m from 94.5 m Low Grade Thick Moderate Depth
2026-07-15 0.21 g/t Gold Equivalent over 21.3 m from 51.8 m Moderate Grade Very Thick Moderate Depth
2026-07-15 0.58 g/t Gold Equivalent over 4.6 m from 51.8 m Moderate Grade Thick Moderate Depth
2026-07-15 0.26 g/t Gold Equivalent over 3.0 m from 495.3 m Moderate Grade Thick Very Deep
2026-07-15 0.21 g/t Gold Equivalent over 6.1 m from 393.2 m Moderate Grade Thick Deep
2026-07-15 1.22 g/t Gold Equivalent over 3.0 m from 338.3 m High Grade Thick Deep
2026-07-15 0.29 g/t Gold Equivalent over 32.0 m from 336.8 m Moderate Grade Very Thick Deep
2026-07-15 0.10 g/t Gold Equivalent over 6.1 m from 317.0 m Low Grade Thick Deep
2026-07-15 0.10 g/t Gold Equivalent over 6.1 m from 303.3 m Low Grade Thick Deep
Rankings are relative to a large global database of gold intercepts.

Resource Potential

Locked

Resource Potential (overview)

  • Probability estimate of advancing to a formal resource.
  • Typical ranges for grade and tonnage with p50 markers.
  • Side-by-side histograms vs. a global reference dataset.
  • Plain-English guidance on how to interpret uncertainty.

Economic Potential

Locked

Economic Potential

  • Distribution of NPV across 1,000 discounted cash-flow simulations.
  • Expected NPV value with context vs. drill-stage peers.
  • Discussion of spread, skew, and scenario tails (upside/downside).
  • Explicit assumptions shown for discount rate and commodity price.

Assumption Distributions

Locked

Assumption Distributions

  • Reserve conversion and mine life distributions.
  • Recovery, processing costs, and waste:ore ratio ranges.
  • Capex/offsite opex, average production rate, and other drivers.
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