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Azimut and Mont Royal Discover High-Grade Nickel-Copper Massive Sulphide at Wapatik
Azimut and Mont Royal Discover High-Grade Nickel-Copper Massive Sulphide at Wapatik ...
About this update from Azimut Exploration, Inc.
[{"type":"text","content":"\n \n \n \n Azimut and Mont Royal Discover High-Grade Nickel-Copper Massive Sulphide at Wapatik\n \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.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n 2.68% Ni, 1.30% Cu and 0.09% Co over\n \n 3.30 m\n \n \n \n \n \n Follow-up Drilling Underway\n \n \n \n \n \n LONGUEUIL, QC\n \n \n ,\n \n \n June 29, 2022\n \n \n /CNW Telbec/ -\n \n Azimut Exploration Inc.\n \n (\"Azimut\" or the \"Company\") (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce the\n \n discovery of nickel-copper massive sulphide mineralization\n \n during its maiden diamond drilling program on the Wapatik Property (\"the Property\"). Associated with an ultramafic intrusion, the mineralized interval corresponds to an electromagnetic conductor with excellent chances for expansion. A minimum 6-hole (1,050-metre) follow-up program is already underway to further delineate the shape and extent of this discovery. Other attractive targets within the intrusion may also be drill-tested.\n \n \n The Property, located in the Eeyou Istchee James Bay region of Quebec, is under option to\n \n Mont Royal Resources Limited\n \n (\"Mont Royal\") (ASX: MRZ). Mont Royal can acquire an initial 50% interest in the Property by spending $4 million in exploration expenditures over four (4) years and can earn a further 20% interest with an additional investment of\n \n $3 million\n \n and the delivery of a preliminary economic assessment over three (3) years. Azimut is the operator.\n \n \n \n HIGHLIGHTS\n \n (\n \n see Figures 1 to 3, Photo 1 and Table 1\n \n )\n \n \n \n \n 2.68% Ni, 1.30% Cu, 0.09% Co over\n \n 3.30 m\n \n \n from\n \n 143.4 m\n \n to\n \n 146.7 m\n \n along hole WAP22-003 (vertical depth of 110 metres), including:\n \n \n \n \n 3.63% Ni, 0.48% Cu, 0.12% Co over\n \n 1.0 m\n \n ,\n \n and\n \n \n \n 3.04% Ni, 0.75% Cu, 0.10% Co over\n \n 1.1 m\n \n .\n \n \n \n \n \n This initial drilling interval is one of the best nickel-copper results recorded in the\n \n...