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Azimut and Mont Royal Launch Exploration on the Wapatik Gold Property, James Bay Region, Quebec
Azimut and Mont Royal Launch Exploration on the Wapatik Gold Property, James Bay Region, ...
About this update from Azimut Exploration, Inc.
[{"type":"text","content":"\n \n \n \n Azimut and Mont Royal Launch Exploration on the Wapatik Gold Property, James Bay Region, Quebec\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 LONGUEUIL, QC, Nov. 18, 2020\n \n \n \n \n \n LONGUEUIL, QC\n \n ,\n \n Nov. 18, 2020\n \n /CNW Telbec/ -\n \n Azimut Exploration Inc.\n \n (\"Azimut\" or the \"Company\") (TSXV: AZM) is pleased to announce that an initial exploration program will soon commence on the\n \n Wapatik Property\n \n (the \"Property\") in the\n \n James Bay\n \n region of\n \n Quebec\n \n (\n \n \n see Figures 1 to 4\n \n \n ). This Property is under option to\n \n Mont Royal Resources Limited\n \n (\"Mont Royal\") (ASX: MRZ), as announced in the press release of\n \n September 22, 2020\n \n . Wapatik is located along the same geological trend as the Elmer Property where Azimut announced a significant gold discovery earlier this year (press releases of January 14,\n \n July 27\n \n and\n \n September 15, 2020\n \n ).\n \n \n \n \n \n \n \n \n \n The first exploration phase, amounting to\n \n $600,000\n \n , will consist of:\n \n \n \n A high-resolution heliborne magnetic survey totalling 2,530 line-kilometre on 25-metre spaced lines, which will cover the entire Property;\n \n \n A structural study supported by the results of the magnetic survey and remote sensing data;\n \n \n Systematic till sampling survey; and\n \n \n Focused prospecting to assess target zones.\n \n \n \n Novatem Inc., based in\n \n Mont-Saint-Hilaire, Quebec\n \n , will conduct the heliborne survey within the next few weeks. The remaining part of the program will take place after the winter. Azimut is the operator. The Company will take all appropriate safety measures related to the Covid-19 pandemic.\n \n \n The Wapatik Property covers approximately 24.4 km of the Lower Eastmain greenstone belt, part of the Archean La Grande Subprovince. The Property, which hosts extensive linear faults subparallel to the geological strike, is considered highly prospective for structurally controlled gold mi...