Business
Azimut and partners commence drilling on highly prospective gold targets at Eleonore South, James Bay region, Quebec
Azimut and partners commence drilling on highly prospective gold targets at Eleonore South...
About this update from Azimut Exploration, Inc.
[{"type":"text","content":"\n\n\n\nAzimut and partners commence drilling on highly prospective gold targets 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\n\n\n\n\n\nAzimut and partners commence drilling on highly prospective gold targets at Eleonore South, James Bay region, Quebec\nCanada NewsWire\nLONGUEUIL, QC, Sept. 21, 2016\n\n\n\nSymbol: AZM.TSX Venture \n\n\n\nLONGUEUIL, QC, Sept. 21, 2016 /CNW Telbec/ - Azimut Exploration Inc. (\"Azimut\" or the \"Company\") (TSXV: AZM) is pleased to announce that the first phase of a 5,000-metre diamond drilling program has commenced on the Eleonore South Property in the James Bay region of Quebec. This first phase of drilling, totalling 2,500 metres, will provide a preliminarily assessment of a 3-kilometre-long highly prospective corridor on strike with the adjacent Cheechoo discovery made by Sirios Resources Inc. (see appended figures).\n\nThe targets are defined by a combination of strong prospecting results, including high-grade gold mineralization (see press release on August 29, 2016), and elevated gold-arsenic anomalies in soils. Recent geophysical reprocessing of magnetic data provides additional support for target definition.\n\nThe objectives are to assess:\n\n\nThe potential of the high-grade Moni Prospect, including 11.6 g/t Au to 142.0 g/t Au in grab samples, and its potential strike extension over a 700-m distance with four drill holes; \nThe possible direct strike-extension of the Cheechoo discovery onto the Eleonore South project, over a 600-metre distance along the tonalite-metasediment contact with four drill holes; and \nThe interpreted contact between a linear tonalitic intrusion and strongly magnetic lithology with two drill holes.\nThe first two target areas are part of a much larger prospective corridor covering an area at least 3 to 4 kilometres long by 500 metres wide. This corridor may correspond to a hydrothermally altered system emplaced along the margins of the tonalite intrusion, close to, or at the contact with surrounding metasediments. \n\nThe Eleonore South Property is a three-w...