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Azimut acquires the Kaanaayaa Gold-Copper Property, James Bay region, Quebec
Azimut acquires the Kaanaayaa Gold-Copper Property, James Bay region, Quebec Canad...
About this update from Azimut Exploration, Inc.
[{"type":"text","content":"\n\n\n\nAzimut acquires the Kaanaayaa Gold-Copper Property, James Bay region, Quebec\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nLONGUEUIL, QC, March 28, 2019\n\n\n\nSymbol: AZM.TSX Venture \n LONGUEUIL, QC, March 28, 2019 /CNW Telbec/ - Azimut Exploration Inc. (\"Azimut\" or the \"Company\") (TSXV: AZM) is pleased to announce it recently acquired the Kaanaayaa Property (the \"Project\") to cover an excellent gold-copper exploration target in the James Bay region of Quebec (see Figure 1). This wholly owned Project is about 10 km southeast of the Pikwa Property (Azimut-SOQUEM). Azimut will undertake a detailed lake-bottom sediment geochemical survey over the Project, followed by a prospecting phase.\nThe Project comprises 390 claims (200.5 km2) acquired by map designation. It has the following notable features (see Figures 2 to 5):\nStrong regional-scale geochemical footprint in lake-bottom sediments, combining bismuth, silver, copper, molybdenum and tungsten; this footprint is comparable to the signature over gold and polymetallic prospects on the Pikwa Property (see press release of March 20, 2019). Favourable geology characterized by metasedimentary and mafic to intermediate volcanic formations crosscut by several small granitic intrusions; the fertile nature of these intrusions for mineralization may be revealed by the polymetallic footprint present on the Project. Favourable structural context with a kilometre-scale Z-fold that may have acted as a trap for mineralization. Past exploration on the Project is very limited. An adjacent property, jointly held by Osisko Baie James and Goldcorp Inc., hosts several significant gold prospects about 5 km southwest of the Project, notably the Marco Prospect (1.07 g/t Au over 27.0 m and 10.1 g/t Au over 5.2 m) and the Contact West Zone (11.82 g/t Au over 4.7 m).\nThis press release was prepared by Dr. Jean-Marc Lulin, P.Geo., acting as Azimut's qualified person under National Instrument 43-101.\nAzimut is a miner...