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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 Jul 20, 2021 10:03am
197 Views
Post# 33574733

RE:RE:News !

RE:RE:News !That,s the kind of NEWS we want hear & the market too.$$$$$

symbol: AZM.TSX Venture

4.21 g/t Au over 39.5 m including 7.86 g/t Au over 14.0 m
3.28 g/t Au over 39.3 m including 9.57 g/t Au over 6.0 m

LONGUEUIL, QCJuly 20, 2021 /CNW Telbec/ - Azimut Exploration Inc. ("Azimut" or the "Company") (TSXV: AZM) is pleased to report that it continues to intersect wide, high-grade gold intervals at the Patwon discovery on the Company's 100% owned Elmer Property (the "Property") in the James Bay region of Quebec.

Azimut recently completed a 15,135-metre (67 holes) diamond drilling program. This press release presents the results of (2) holes (813 m) from the program. The results for thirteen (13) other holes totalling 3,856.5 metres were previously reported (see press releases dated May 19 and June 22, 2021), and assay results are pending for the remaining 52 drill holes (15 on Patwon and 37 on new targets) (see press release dated June 2, 2021).

A comprehensive till survey and prospecting phase is underway on the Property. A new 20,000-metre drilling program is being prepared. An overview of the Company's drilling objectives will be provided once the program is finalized.

HIGHLIGHTS (Figures 1 to 8, Photos 1 to 5, Tables 1 to 4)

  • Hole ELM21-092 4.21 g/t Au over 39.5 m
        • 11.57 g/t Au over 3.0 m and
        • 7.86 g/t Au over 14.0 m
      • 6.80 g/t Au over 1.0 m (from 348.0 m to 349.0 m)
      • 8.30 g/t Au over 2.0 m (from 427.0 m to 429.0 m)
  • Hole ELM21-100 3.28 g/t Au over 39.35 m (from 173.0 m to 212.35 m), including:
      • 7.18 g/t Au over 4.3 m
      • 4.08 g/t Au over 3.05 m
      • 9.57 g/t Au over 6.0 m
  • These new results continue to build a robust mineralized zone, including an impressive central core. This core zone tends to be wider with increasing depths, as suggested by the updated grade x thickness longitudinal section and cross-section L150E (Figures 5 and 8).
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