Azteca Gold Corp.

Azteca Gold Corp.

April 11, 2007 13:28 ET

Azteca Gold Corp.: Securities Sold to Provide Cash for Bunker Hill Acquisition

SPOKANE, WASHINGTON--(CCNMatthews - April 11, 2007) - Matthew Russell, President of Azteca Gold Corp. (TSX VENTURE:AZG) (the "Company") announces that the Company has sold into the market 500,000 shares of Idaho General Mines Inc. that the Company had acquired as warrants in a property transaction in December, 2004. Approximately US $ 2,705,000 was received, and will be used primarily for acquisitions including the Option to Purchase the Bunker Hill Mine.

As given in a press release dated March 30, 2007, an additional US $845,000 was raised through sale of equities. "This total cash of US $3,500,000," explains Russell, "along with the US $1,500,000 proceeds of a recent private placement afford us the needed financial resources to move ahead with not only our drilling by M2 Technical Services in Mexico but also to accomplish the Option to Purchase the Bunker Hill Mine which is still subject to regulatory approval."

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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