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Abstract
(Marketwire - Oct. 6, 2010) - Matthew Russell, President of Azteca Gold Corp. ("Azteca" or the "Company") (TSX VENTURE:AZG) is pleased to announce that diamond drill core hole DDH-009 has been completed to a depth of 6760 FT. The Company feels its technical objectives for DDH-009 with regards to investigating up-dip hinge sulfide mineralization within the Two Mile Anticline were achieved within the estimated 7000 FT TD. Logging of the core is ongoing and preliminary selection of sample intervals for assaying is complete. The hole has been left in good condition to re-enter and advance at a later date if desired.
"We are pleased to have successfully achieved a third, deep parent hole at Two Mile from which to explore the Two Mile anticline within the Belt Super group Meta-sediments," exclaimed Mr. Russell. "DDH-009 at 6760 FT joins the DDH-005 series holes at maximum 10,242 FT and the DDH-006 series holes at maximum 11,373 FT. In the larger context, these three deep holes will allow us to compare and contrast the strata from three distinct locations along the presumed Two Mile anticline structure."
Compared with the bottom of Hole -005A, Hole DDH-009 is 740 Meters (2427 ft) in true distance from the bottom TD location of Hole -005A at 2677 m (8784 ft ) depth. That projected line from TD of DDH-009 to the TD of DDH-005A is at an azimuth of 96 Degrees from true north. As projected in Plane A2-A2' (as given in a July 2, 2010 press release), the distance of separation between the bottom of DDH-009 and DDH-005A is 600 meters (1968 ft).