Aztec Minerals Corp. announced that it has completed the terms of its earn-in and has exercised its option to acquire a 65% interest in the Cervantes porphyry gold-copper project in Sonora, Mexico from Kootenay Silver Inc. Kootenay retains the remaining 35% interest in Cervantes. Aztec and Kootenay expect to finalize the terms of the joint venture agreement shortly, then form a joint venture management committee, review the exploration results to date and approve the next exploration program and budget at Cervantes.

The company also announced the appointment of Andrew Bowering to its business and technical advisory board. Mr. Bowering is a venture capitalist with 30 years of experience in mineral exploration and development worldwide. He has founded, funded and built management teams that have operated numerous companies in the pursuit of precious, base and industrial metals from early exploration through to production. Mr. Bowering has a financial background as a stock broker and a business background as the founder and an owner of Sunrise Drilling Ltd. In recent years, Andy has held senior leadership roles in public and private companies from investor relations to CEO. He is a founder and significant shareholder of Millennial Lithium Corp. and is the founder and current CEO of Prime Mining Corp.