The KE Report Aztec Minerals - Expanding the Drill Program at Tombstone
Dec 9, 2025
In this engaging conversation, Simon Dykowski, President and CEO of Aztec Minerals, shares insights on expanding the drilling program at the Tombstone project to 8,500 meters. He discusses the reasons for this increase, anticipating stronger results from drilling. The podcast delves into delays in assay results due to lab issues and staffing, while also outlining exciting new drill targets in silver-rich territories. With a solid cash reserve of ~$9M, Aztec appears well-positioned to evaluate a potential maiden resource by early 2026.
AI Snips
Chapters
Transcript
Episode notes
Program Expanded To Boost Data Density
- Aztec increased Tombstone drilling to 8,500m with 7,000m RC and 1,500m core to expand the hole database and test the model.
- The program runs into January and will bring total Aztec drilling to ~18,000m when complete.
Assay Backlog Explained And Timelines
- Assay turnaround slowed earlier due to lab equipment failures and staffing, creating a backlog for late-summer/fall holes.
- The lab repaired equipment, added staff, and expects to clear the backlog with results in 3–4 weeks.
Overcoming Cliff Topography To Drill South
- Drilling the south extension faced topographic challenges with a road on a cliff that lacked space for RC rigs, forcing new pads below the pit.
- Aztec completed those south holes and is now moving west to targets historically thought to be more silver-rich.