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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

Post by Betteryear2on Nov 22, 2021 6:35am
289 Views
Post# 34151802

Positive Initial Metallurgical Results From Elmer

Positive Initial Metallurgical Results From Elmer

LONGUEUIL, QCNov. 22, 2021 /CNW Telbec/ - Azimut Exploration Inc. ("Azimut" or the "Company") (TSXV: AZM) is pleased to report excellent preliminary metallurgical tests from two representative samples from the Patwon Gold Zone on the Company's 100% owned Elmer Property (the "Property") in the James Bay region of Quebec.

The test program conducted by SGS Canada Inc. included chemical and metallurgical characterization, comminution, and metallurgical testing. The objective was to obtain baseline grindability and recovery data for a gravity separation and gravity tailings cyanidation flowsheet.

Azimut has undertaken a 20,000-metre core drilling program to expand the Patwon Zone and prepare for a maiden NI 43-101 compliant resource estimate (see press release of October 18, 2021). The Patwon mineralized body presents a remarkably thick and continuous geometry currently defined over a strike length of 500 metres and to a minimum depth of 450 metres with an estimated true width averaging 35 metres. The core zone of this envelope, defined thus far by 25 drill hole intercepts, displays an average true width of 45 metres at an average grade of 2.86 g/t Au. The true width of the core zone can reach up to 82 metres (see press release of November 4, 2021).

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