SOURCE: Azco Mining Inc.

December 01, 2005 09:40 ET

Feasibility Study Nears Completion on Azco's 2 Million Ounce Ortiz Gold Project

GLENDALE, AZ -- (MARKET WIRE) -- December 1, 2005 -- Azco Mining Inc. (OTC: AZMN), a U.S.-based mining and exploration enterprise with an emphasis on gold, copper and industrial minerals, today provided an update as to the status of the Ortiz engineering and feasibility review being undertaken by Mineral Advisory Group, LLC.

Dr. Pierce Carson, CEO, stated, "Azco has received many inquiries from shareholders and interested parties as to the progress of the feasibility work. We are pleased to announce that the study is near completion and results are undergoing final review. We anticipate releasing the report to the market and to our shareholders in the near future.

"The results of the Ortiz feasibility study are of the utmost importance to the future of the Company. Current gold prices, at a 25-year high, have created an exciting and very positive climate for gold companies and their future prospects.

"In addition to Ortiz, Azco continues to evaluate other precious metals acquisition opportunities with a view to further increasing its precious metals resources."

Azco also reported that its auditors are making steady progress on the work necessary to bring current the Company's financial filings. The Company expects to regain currency in its financial reporting during the first quarter of 2006 and thereupon to immediately apply for resumption of trading of its stock on the OTC Bulletin Board.

About Azco Mining Inc.

Azco Mining Inc. is a U.S.-based mining and exploration enterprise with an emphasis on gold, copper and industrial minerals. Azco owns mineral lease rights to 90 square miles at the Ortiz gold property in New Mexico, where previous exploration has identified resources containing two million ounces of gold. Azco also owns and operates the Black Canyon mica deposit in Arizona, which contains a large resource of mica and by-product feldspathic sand.

To learn more about Azco Mining Inc., see the company's website at www.azco.com and the MacReport network listing at http://www.publiccoreport.net/featured/AZMN/company.asp

The information contained herein regarding risks and uncertainties, which may differ materially from those set forth in these statements, in addition to the economic, competitive, governmental, technological and other factors, constitutes a "forward-looking statement" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, the Private Securities Litigation Reform Act of 1995 and is subject to the safe harbors created thereby. While the company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking information contained herein.

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