Significant ResultsQuite significant results from Azimut today. What was particularly impressive was obviously the thickness of the intersections, as well as the continuity of grades within each hole and the continuation of those thicknesses and grades from hole to hole.
Unlike other companies, that often report a singular strong hole within a batch of holes, AZM’s holes ELM19-001 through ELM19-007 all continued highly anomalous gold values over significant widths. And each intersection isn’t the sole result of one narrow, bonanza high grade averaged over significantly lesser grade material. Each of the holes contains multiple zones (usually 3 or 4) of gold mineralization as evidenced by hole 2 below.
Hole ELM19-002:
** 3.15 g/t Au over 102 m (from 34.0 m to 136.0 m), including;
* 5.15 g/t Au over 9 m (from 33.5 m to 42.5 m);
* 1.10 g/t Au over 28.5 m (from 58.7 m to 87.2 m);
* 10.1 g/t Au over 20.5 m (from 96.5 m to 117.0 m);
- Including 12.43 g/t Au over 6 m (from 99.5 m to 105.5 m);
And 107.0 g/t Au over 1 m (from 116.0 m to 117.0 m);
- 3.22 g/t Au over 11.0 m (from 125.0 to 136.0 m).
Clearly the focus will now be on the Patwon Zone and the potential along its 7 km trend. However, it’s also worthwhile to note other zones on the Elmer property that have also produced high grades including the West Zone/Vein Zone where past grab samples have assayed up to 4.65 g/t gold, 160 g/t silver, 7% copper and 4.7% zinc, as well as the Gabbro Zone (among others) that returned grabs grading up to 77.8 g/t gold and 167 g/t silver.
Like I said in the outset, results released today were quite significant; and there’s no doubt that AZM investors can look forward to several weeks/months of further results, and the aniticpation, speculation and price appreciation that will inevitably occur as the program continues. This is just the beginning.
Have a good night!