Two Mile Project

The Two Mile Creek Exploration Project property is situated in the Coeur d’Alene Mining District, Shoshone County, north of I-90 and NNW of the town of Wallace in northern Idaho.  This area, popularly known as the Silver Valley, has hosted over 90 historical mines and produced in excess of a billion ounces of silver over the last 120 years of nearly continuous mining history. 

Azteca Gold Corp. purchased Silver Royal Apex’s 50% joint venture interest in the Two Mile property, and became 100% owner of the property, as announced in a news release dated August 13, 2010.  The property consists of 3 patented and 725 unpatented claims.

Azteca continues to aggressively exploring the geology and potential mineralization of the Two Mile Creek area. Azteca completed Phase I of the exploration project during 2007 and 2008, which included surface mapping, geophysical surveys, and the drilling of several shallow holes and one deeper hole in two campaigns. During 2009 and 2010, Azteca has conducted further drill testing of several targets, with a view towards determining the potential of the project.

The project location is sub-alpine, and in low foothills of gentle to moderate terrain.  The area receives an annual average of 25 inches of rainfall and 48 inches of snowfall, and the climate is suitable for year-round exploration operations.  A trained mining workforce is available in the communities comprising the Silver Valley, and all necessary supplies, equipment and services exist to carry out efficient exploration and mine development work.

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