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Azimut and Partners resume Exploration on the Eleonore South Gold Property, James Bay region, Quebec
Azimut and Partners resume Exploration on the Eleonore South Gold Property, James Bay regi...
About this update from Azimut Exploration, Inc.
[{"type":"text","content":"\n\n\n\nAzimut and Partners resume Exploration on the Eleonore South Gold Property, 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.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nLONGUEUIL, QC, Sept. 11, 2018\n\n\n\nSymbol: AZM.TSX Venture \n LONGUEUIL, QC, Sept. 11, 2018 /CNW Telbec/ - Azimut Exploration Inc. (\"Azimut\" or \"the Company\") (TSXV: AZM) is pleased to announce the start of a new exploration program on the Eleonore South JV Property (Azimut-Eastmain-Goldcorp) where a substantial gold-bearing system has been uncovered from 2016 to 2018. The adjacent property to the north west hosts the major Eleonore gold mine owned and operated by Goldcorp (see Figure 1).\nFall 2018 Exploration Program\nThe new $2.5 million budget will consist of the following work:\n2,000 metres of mechanized trenching to expose gold mineralization and alteration in the Cheechoo tonalite intrusion and along the intrusion-metasediment contact (1,250 m of trenching), and to expose the southwestern extensions of the high-grade Moni Prospect (750 m of trenching); 7,000 metres of diamond drilling with the following objectives: Continue to evaluate gold-bearing zones within the Cheechoo intrusion to establish the continuity of significant previous drilling results; Expand exploration along the intrusion-metasediment contact; Assess the gold potential of the tonalite below the sediment-hosted JT Prospect, along the western edge of the intrusion; and Assess the extensions of the high-grade Moni Prospect and of the Moni Trend based on the results of the above trenching program.Large intrusion-hosted gold-bearing system\nFrom 2016 to 2018, surface exploration work and diamond drilling (76 holes totalling 15,134 m) revealed a large tonalite-hosted gold-bearing system in the eastern part of the Eleonore South Property. Key features are (see Figures 2 and 3):\nThe delineation of a gold corridor at least 2 km long by 600 to 700 m wide, largely constrained within the Cheechoo tonalite intrusion but close to its contact with the surr...