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Azimut and SOQUEM Drill the District-Scale Rex and Rex South Copper-Gold Properties in the Nunavik Region of Quebec
Azimut and SOQUEM Drill the District-Scale Rex and Rex South Copper-Gold Properties in th...
About this update from Azimut Exploration, Inc.
[{"type":"text","content":"\n \n \n \n Azimut and SOQUEM Drill the District-Scale Rex and Rex South Copper-Gold Properties in the Nunavik Region of Quebec\n \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.prntal{\nTEXT-ALIGN: LEFT\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n Symbol: AZM.TSX Venture\n \n \n \n LONGUEUIL, QC\n \n ,\n \n Sept. 15, 2021\n \n /CNW Telbec/ -\n \n Azimut Exploration Inc.\n \n (\"Azimut\" or the \"Company\") (TSXV: AZM) is pleased to announce that the summer drilling program on the Rex-Duquet (\"Rex\") and\n \n Rex South\n \n copper-gold properties has been completed on eight significant targets, including iron oxide copper-gold (\"IOCG\") mineralization, reduced intrusion-related gold-polymetallic systems and copper-gold mineralization in shear zones.\n \n \n The projects are part of a major\n \n Strategic Alliance\n \n (\"the Alliance\") signed between Azimut and\n \n SOQUEM\n \n \n Inc.\n \n (\"SOQUEM\") (\n \n see press release of\n \n May 15, 2019\n \n \n ). In 2021, SOQUEM funded a\n \n $4-million\n \n exploration program on both properties comprising 48.8 km of ground geophysics (induced polarization; \"IP\"), 2,890 metres (17 holes) of diamond drilling, and channel sampling. Assay results are pending. Azimut is the operator of the Alliance.\n \n \n The region offers significant potential for commodities deemed\n \n critical\n \n or\n \n strategic\n \n by the\n \n Quebec\n \n and Canadian governments, specifically copper, tellurium, bismuth, tungsten, tin, molybdenum, rhenium, indium and rare earth elements. The Rex and Rex South properties cover a region considered by the Company's management to be a new mineral province with the potential to host large-scale deposits.\n \n \n The properties are part of the Rex Trend, a strong 300-kilometre-long copper anomaly in lake-bottom sediments (\"LBS\") coupled with a strong 100-kilometre-long rare earth anomaly. The Alliance aims to unlock the mineral potential of this largely underexplored region.\n \n \n \n 2021 Exploration Program\n \n (\n \n see Figures 1 to 4\n \n )\n \n \n The 2...