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Azimut and Partners Commence an 8,000-Metre Drilling Program at Eleonore South, James Bay Region, Quebec
Azimut and Partners Commence an 8,000-Metre Drilling Program at Eleonore South, James Bay ...
About this update from Azimut Exploration, Inc.
[{"type":"text","content":"\n\n\n\nAzimut and Partners Commence an 8,000-Metre Drilling Program 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.prntar{\nTEXT-ALIGN: RIGHT\n}\n\n\n\n\n\n\n\nCanada NewsWire\nLONGUEUIL, QC, Aug. 9, 2017\n\n\n\nSymbol: AZM.TSX Venture\n\n\n\nLONGUEUIL, QC, Aug. 9, 2017 /CNW Telbec/ - Azimut Exploration Inc. (\"Azimut\" or the\"Company\") (TSXV: AZM) is pleased to announce Phase 1 of a 8,000 m diamond drilling program has begun on the Eleonore South JV Property. Phase 2, comprised of 3,600 m, will begin in January following a full assessment of the Phase 1 results. The drilling is part of a comprehensive $3.9 million program, following up on the 2016-2017 drill program (see press release of July 20, 2017) and guided by additional surface geological and geophysical exploration underway on the Property. The Property is adjacent to Goldcorp's Eleonore mine property in the James Bay region of Quebec (see attached figures).\n\n\n \n \n\n\n\n\n\n\n\n \nPhase 1 is comprised of 20 holes (4,400 m) to be undertaken from early August to October. Phase 1 targets include:\n\n\nFollow-up drilling to assess the grade and geometric continuity of significant drilling results intersected in the tonalite intrusion, including 4.9 g/t Au over 45.0 m (Hole ES17-64) and 0.65 g/t Au over 144.0 m (Hole ES17-60) and to extend drilled geological sections southwards to the tonalite contact with metasediments. Nine (9) holes totalling 2,250 m are planned for this part of the program.\nContinue drill testing of the NE-SW striking, 4 km long by 500 m wide gold-bearing corridor outlined on the Property. This corridor corresponds to a hydrothermally altered tonalite intrusion along or close to its contact with metasediments. An area located south of the JT Prospect, marked by the changing direction of the intrusion-metasediment contact, is one of the priority targets to be tested. Five (5) holes totalling 1,250 m are planned for this part of the program.\nAn additional 900 m (6 holes) will be allocated to drill-test new targets developed f...