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Azimut Exploration Inc V.AZM

Alternate Symbol(s):  AZMTF

Azimut Exploration Inc. is a Canada-based mineral exploration company. The Company holds the mineral exploration portfolio in Quebec. The Company’s projects include Elmer, JB Lithium, JB Nickel and Wabamisk. Its wholly owned flagship Elmer Gold Project is advancing to the initial resource stage in the James Bay region. The Elmer property is located in the central region of the La Grande Subprovince. The property is located five kilometers (km) west of the Billy-Diamond Highway and 60 km from Eastmain, a Cree community on the east coast of James Bay. The Wabamisk property is a 40 km by 10 km gold project located about 70 km south of the Eleonore gold mine (Newmont Corporation) and has a comparable geological context and geochemical signature. Its other key projects include Chromaska, Corne, Doran, Mercator and Pilipas. The Corne property is located within the metasedimentary Opinaca Subprovince (Superior Province), close to the boundary with the Opatica Subprovince.


TSXV:AZM - Post by User

Comment by freemax1on Dec 17, 2020 11:38am
187 Views
Post# 32128345

RE:RE:News on South Elenore

RE:RE:News on South Elenore here is a statement $

the ESJV is held by Fury (36.72%), Azimut Exploration Inc. ("Azimut") (26.57%), and Les Mines Opinaca Lte, a wholly-owned subsidiary of Newmont (36.71%). The ESJV was formed in 2008 and Fury, through its Eastmain subsidiary, currently acts as manager and operator of the joint venture on behalf of the partners.

The lonore South property is strategically located in an area of prolific gold mineralization within the James Bay Gold Camp and is locally defined by the lonore mine and the Cheechoo deposit. The property has been explored over the last 12 years by the joint venture with the majority of exploration focused on the extension of the Cheechoo deposit through approximately 27,000 metres (m) of drilling in 172 drill holes, covering only a small fraction of the property at the Moni and JT zones (Figure 1). Notable drill intercepts include 6.0 metres of 49.50 g/t gold (Au), which included 1.0 metre of 294 g/t Au. they are talking of ;SOI.V too  a good 1 for your watch list at cheap price

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