AZTEC Mining Announces Interest in Kimberlite Pipe.INDIANAPOLIS -- AZTEC Mining Corp. (Pink Sheets:AZTM) is pleased to announce it has acquired a 100% interest in four mineral claims in the Southern Mining District of Saskatchewan The District of Saskatchewan was a regional administrative district of Canada's Northwest Territories. Much of the area was incorporated into the province of Saskatchewan. The western part became part of Alberta, and the eastern part (which extended to Lake Winnipeg) is now part of , Canada. These claims contain the kimberlite kimberlite: see diamond. kimberlite or blue ground Dark, heavy, often fragmented igneous rock that may contain diamonds in the rock matrix. pipe formerly known as the Carolyn. This diamondiferous kimberlite, based on past diamond results by the previous operator, warrants further exploration. The surrounding ground hosts multiple bulls-eye magnetic targets that commonly represent above basement intrusive rocks (Geol.) rocks which have been forced, while in a plastic or melted state, into the cavities or between the cracks or layers of other rocks. The term is sometimes used as equivalent to plutonic rocks ltname>. It is then contrasted with effusive or volcanic rocks. See also: Intrusive . A new ground geophysical survey Geophysical survey refers to the systematic collection of geophysical data for spatial studies. Geophysical surveys may use a great variety of sensing instruments, and data may be collected from above or below the Earth's surface or from aerial or marine platforms. on the claims is to commence shortly. A number of scientific studies (http://www.mgls.org/95Sym/Papers/Mwenifumbo/) as well as Geological Society of America The Geological Society of America (or GSA) is a nonprofit organization dedicated to the advancement of the geosciences. The society was founded in New York in 1888 by James Hall, James D. Bulletin: Vol. 109, No. 8, pp. 1000-1020 have indicated that the Carolyn, also referred to as the Smeaton Pipe, has undergone multiple eruptive e·rupt v. e·rupt·ed, e·rupt·ing, e·rupts v.intr. 1. To emerge violently from restraint or limits; explode: My neighbor erupted in anger over the noise. 2. phases. This is similar to the Star Pipe which is located about 20 miles southeast of the Carolyn. The Star Pipe, owned by Shore Gold, has yielded a 19.71 carat CARAT, weights. A carat is a weight equal to three and one-sixth grains, in diamonds, and the like. Jac. L. Dict. See Weight. diamond as well as more than 30 diamonds over 1 carat in size. AZTEC hopes to delineate kimberlite within the Carolyn which would correlate to the enriched Early Joli Fou kimberlite phase within the giant Star Pipe. After ground geophysics, a drilling program is planned that will focus on any enriched kimberlite phases that are identified in the Carolyn Pipe. United Carina Carina (kərē`nə) [Lat.,=the keel], southern constellation, representing the keel of the ancient constellation Argo Navis, or Ship of the Argonauts. Carina contains Canopus, the second brightest star in the sky. Resources Corp. and United Pine Channel Gold have launched a legal action to stop the transfer of the kimberlite pipe formerly known as the Carolyn to Aztec Mining Corp. This injunction was rejected by a Saskatchewan judge. Both parties are making further claims that will be dealt with by Seagrove Capital Corporation on behalf of Aztec Mining Corp. Aztec Mining Corp. feels the legal action is without merit. This press release contains "forward-looking" statements as that term is defined by Section 27A of the Securities Act of 1933 (the "Securities Act"), as amended, and Section 21E of the Securities Exchange Act of 1934 (the "Exchange Act"), as amended. All statements that are included in this press release other than statements of historical fact are "forward-looking" statements. Although management believes that the expectations reflecting in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations as disclosed herein, including without limitation, in conjunction with these forward-looking statements contained in this press release. |
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