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Azimut and SOQUEM cover the InSight Discovery (Au-Ag-Cu) with a Ground Geophysical Survey, Munischiwan Property, James Bay region
Azimut and SOQUEM cover the InSight Discovery (Au-Ag-Cu) with a Ground Geophysical Survey,...
About this update from Azimut Exploration, Inc.
[{"type":"text","content":"\n\n\n\nAzimut and SOQUEM cover the InSight Discovery (Au-Ag-Cu) with a Ground Geophysical Survey, Munischiwan Property, James Bay region\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, March 25, 2019\n\n\n\nSymbol: AZM.TSX Venture \n LONGUEUIL, QC, March 25, 2019 /CNW Telbec/ - Azimut Exploration Inc. (\"Azimut\" or the \"Company\") (TSXV: AZM) is pleased to announce that a 70-line-kilometre magnetic and induced polarization ground geophysical survey is in progress to further assess the InSight discovery (Au-Ag-Cu) on the Munischiwan Property (the \"Property\") in the James Bay region of Quebec (see Figure 1). The results will help define the next exploration phase on the Property which will consist of detailed prospecting and diamond drilling.\nThe Property is jointly owned with SOQUEM Inc. (\"SOQUEM\"), a subsidiary of Ressources Québec, under a Strategic Alliance covering the James Bay region. Major new developments of the Strategic Alliance were disclosed in the Company's press release of February 25, 2019.\nThe InSight surface discovery is a direct outcome of the Company's predictive modelling using the AZtechMineTM expert system over the James Bay region. InSight displays the following salient features (see press releases of October 25 and December 5, 2018):\nAn outcropping mineralized zone 600 metres long by 100 to 150 metres wide, open in all directions, dipping about 30° east. Best results up to 100.5 g/t Au, 435.0 g/t Ag, 156.0 g/t Te and 1.67 % Cu from grab samples (see Figure 2). Grab samples are selective by nature and unlikely to represent average grades. An additional gold showing 600 metres to the south (2.42 g/t Au) may represent the extension of the main mineralized zone, bringing the minimum prospective strike to 1,200 metres. Mineralization mostly composed of disseminated chalcopyrite, quartz veins and quartz veinlets hosted in foliated metasediments with strong biotite alteration.Geosig Inc. of Quebec City, Quebec, is conducting the...