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Azimut and Partners announce High-Grade Gold Surface Discovery at Eleonore South, James Bay region, Quebec
Azimut and Partners announce High-Grade Gold Surface Discovery at Eleonore South, James Ba...
About this update from Azimut Exploration, Inc.
[{"type":"text","content":"\n\n\n\nAzimut and Partners announce High-Grade Gold Surface Discovery at Eleonore South, 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.prngen2{\nBORDER-BOTTOM:black 0pt; TEXT-ALIGN: LEFT; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: TOP; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n.prnbcc{\nBORDER-BOTTOM:0pt solid; BORDER-LEFT:0pt solid; BORDER-COLLAPSE: COLLAPSE; BORDER-TOP:0pt solid; BORDER-RIGHT:0pt solid\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n\n\n\n\n\n\n\nCanada NewsWire\nLONGUEUIL, QC, Oct. 17, 2017\n\n\n\nSymbol: AZM.TSX Venture\n\n\n\nLONGUEUIL, QC, Oct. 17, 2017 /CNW Telbec/ - Azimut Exploration Inc. (\"Azimut\" or the \"Company\") (TSXV: AZM) is pleased to announce the discovery of a high-grade gold-bearing vein system on the Eleonore South JV Property in the James Bay region of Quebec. Channel composite samples assayed up to 79.6 g/t Au over 4.25 m and 79.5 g/t Au over 5.87 m. The ongoing exploration program includes 18 recently completed drill holes (results pending); additional drilling is scheduled for January 2018. This new gold discovery confirms the highly prospective environment at Eleonore South. The discovery area is located 15 kilometres from the major Eleonore gold mine, owned and operated by Goldcorp Inc (see attached figures 1 and 2).\n\n\n \n \n\n\n\n\n\n\n\n \nThe channel sampling results reported below were obtained on the Moni Prospect following mechanical stripping that significantly enlarged the previous exposure (see press release of November 3, 2016). The current work phase is part of the $3.9-million JV 2017-2018 program, which includes 8,000 metres of diamond drilling (see press release of July 20, 2017). \n\nThe Eleonore South Property is a three-way joint venture between Azimut Exploration Inc., Eastmain Resources Inc. (TSX: ER) and Goldcorp Inc. (TSX: G; NYSE: GG). Ownership in the Property is as follows: Azimut 26.6%, Eastmain 36.7% and Goldcorp 36.7%.\n\nAzimut is o...