Azteca Gold Corp.
TSX VENTURE : AZG

Azteca Gold Corp.

March 30, 2007 10:12 ET

Azteca Gold Corp.: Securities Sold to Provide Cash

SPOKANE, WASHINGTON--(CCNMatthews - March 30, 2007) - Matthew Russell, President of Azteca Gold Corp. (TSX VENTURE:AZG) (the "Company") announces that the Company has sold into the market 200,000 shares of Idaho General Mines Inc. that the Company had acquired on a property transaction in December, 2004. Approximately US$ 845,000 was received, and will be used for general corporate purposes.

"While we are happy to be long term shareholders of Idaho General Mines (listed on AMEX), and continue to hold 500,000 warrants at $0.80, we thought that now would be a good time to liquidate a portion of our holdings so as to better position ourselves to execute on our own corporate strategy," explained Matt Russell.

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.

Shares issued: 65,794,137

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

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