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Azimut and Mont Royal Resume Drilling at Wapatik

Azimut and Mont Royal Resume Drilling at Wapatik Canada NewsWire TSXV: ...

articleAzimut Exploration, Inc.October 19, 20225/company/azimut-exploration-inc/news/azimut-and-mont-royal-resume-drilling-at-wapatik
Azimut and Mont Royal Resume Drilling at Wapatik

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[{"type":"text","content":"\n \n \n \n Azimut and Mont Royal Resume Drilling 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.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n TSXV: AZM\n \n OTCQX: AZMTF\n \n \n \n \n LONGUEUIL, QC\n \n \n ,\n \n \n Oct. 19, 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 that the third drilling phase has started on the Wapatik Property (the \"Property\") after an encouraging maiden drilling program and second drilling phase (\n \n press releases of\n \n June 29\n \n and\n \n October 3, 2022\n \n \n ) (\n \n see Figures 1 to 3\n \n ).\n \n \n This 1,100-metre follow-up program (5 holes) aims to further assess the nickel-copper potential of an ultramafic intrusion discovered in 2021 on the Property. As previously indicated (\n \n press release of\n \n April 19, 2022\n \n \n ), 3D magnetic inversion modelling indicates a potential for sulphide accumulation at the bottom of the intrusion with an interpreted basin-shaped geometry, which remains untested by previous drilling programs. Pulse-EM borehole surveys will be conducted to enlarge the search radius for each hole and provide information about the possible extension of any conductors encountered.\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 furthe...

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