Despite further increasing inflation, an ongoing Russia-Ukraine conflict which also creates food supply chain issues nowadays across the globe, slowing down economic growth in China but shortages for numerous commodities and products still growing or at high levels, and on top of this the stock markets looking at the central banks, especially the Federal Reserve regarding rate hike policies, Aztec Minerals Corp.
Just after releasing intriguing drill results at Cervantes, Aztec Minerals Corp. (AZT: TSX-V, OTCQB: AZZTF) announced a C$3M non-brokered private placement with Alamos Gold, which can be called intriguing for sure as well. Alamas Gold is operating Mulatos, one of the largest heap leach gold mines in Mexico, not that far away from Cervantes.