Wednesday, July 30, 2008

Azteca's Bunker Hill option terminated

http://www.azteca-au.com/july242008newsrelease.html


News Update
Bunker Hill Mine option terminated
July 24, 2008107,385,751
Symbol: TSX-V:AZG
Spokane, Washington – Matthew Russell, President of Azteca Gold Corp. (the "Company" or "Azteca") announces that the Company has let lapse its option agreement in respect to the Bunker Hill Mine property located in Kellogg, Idaho as a result of being unable to come to a commercially acceptable arrangement with the United States Environmental Protection Agency and the owner, with whom the Company is continuing to negotiate with respect to a potential new acquisition structure.
Azteca continues to be optimistic in the development potential of it's wholly owned projects: Tres de Mayo, Geroe Creek, and Marietta as well as its Two Mile joint venture. Geological evaluation work on these projects has continued and management is formalizing a technical and financial plan to move them ahead.For further information, please contact:Azteca Gold Corp.Matthew Russell, PresidentTelephone: 1-509-464-0172 Email: info@azteca-au.comWebsite: www.azteca-au.com

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