Azteca Gold Corp.
TSX VENTURE : AZG

Azteca Gold Corp.

March 28, 2007 11:23 ET

Azteca Gold Corp.: Diamond Drilling to Begin at Guerra al Tirano Project

SPOKANE, WASHINGTON--(CCNMatthews - March 28, 2007) - Matthew Russell, President of Azteca Gold Corp. (TSX VENTURE:AZG) (the "Company") announces that a drilling contract has been awarded by its Mexican subsidiary Minera Azteca de Oro y Plata S.A. de C.V. ("Minera Azteca") for its Guerra al Tirano Project. M2 Technical Services ("M2") of South Jordan, Utah will begin an initial program of 10,000 feet of diamond drilling in April on the Guerra al Tirano and Tres de Mayo concessions near Temoris, Chihuahua, Mexico. "We are pleased to commence drilling on our flagship exploration project in the Sierra Madre," comments John Mears, the newly appointed VP of Operations and Exploration. "We are committed to meeting our project goal of outlining a gold equivalent resource on our Guerra al Tirano Project by the end of Q2 2007," emphasizes Mears.

The Company has the option for up to 20,000 feet of additional drilling by M2 in Q3 and Q4 of 2007. "Drilling will likely be allocated between our Guerra al Tirano Project and our newly acquired Santa Matilde property," explains Mears. The Company has also been given the option by M2 to add another diamond drill rig and/or reverse circulation drill rig as early as Q3 2007.

On March 5, 2007 the Company announced that it had entered into an agreement with the Ejido Guerra al Tirano, pursuant to which Minera Azteca has the right to use Ejido land covering approximately 95 hectares of the Company's mining concessions in Chihauhua for all activities necessary for the exploration, development and production of potential ore deposits. The Company may apply in the future for an increase in the amount of land covered by this agreement. In addition, the Company may travel through adjoining and nearby Ejido land outside the boundaries of the mining concessions for the purpose of constructing, operating and maintaining improvements or facilities necessary for the project.

The information contained in this news release has been reviewed and approved by John Mears, VP of Operations and Exploration of the Company and the Company's Qualified Person as defined in National Instrument 43-101.

Shares issued: 65,794,137

WARNING: the Company relies upon litigation protection for "forward looking" statements. The information in this release may contain forward-looking information under applicable securities laws. This forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those implied by the forward-looking information. Factors that may cause actual results to vary material include, but are not limited to, inaccurate assumptions concerning the exploration for and development of mineral deposits, currency fluctuations, unanticipated operational or technical difficulties, changes in laws or regulations, the risks of obtaining necessary licenses and permits, changes in general economic conditions or conditions in the financial markets and the inability to raise additional financing. Readers are cautioned not to place undue reliance on this forward-looking information. The Company does not assume the obligation to revise or update this forward-looking information after the date of this release or to revise such information to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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