Business
Azimut and SOQUEM Enhance the Nantais Property (Gold-Silver-Copper-Zinc) in Nunavik, Northern Quebec
Azimut and SOQUEM Enhance the Nantais Property (Gold-Silver-Copper-Zinc) in Nunavik, North...
About this update from Azimut Exploration, Inc.
[{"type":"text","content":"\n\n\n\nAzimut and SOQUEM Enhance the Nantais Property (Gold-Silver-Copper-Zinc) in Nunavik, Northern 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.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n.prnbcc{\nBORDER-TOP:0pt solid; BORDER-RIGHT:0pt solid; BORDER-COLLAPSE: COLLAPSE; BORDER-BOTTOM:0pt solid; BORDER-LEFT:0pt solid\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n\n\n\n\n\n\n\nCanada NewsWire\nLONGUEUIL, QC, Dec. 3, 2019\n\n\n\n Symbol: AZM.TSX Venture \n LONGUEUIL, QC, Dec. 3, 2019 /CNW Telbec/ - Azimut Exploration Inc. (\"Azimut\" or the \"Company\") (TSXV: AZM) is pleased to report the results from its 2019 exploration program on the Nantais Property (the \"Property\") under the Azimut–SOQUEM Strategic Alliance in the Nunavik region (the \"Alliance\") (Figure 1). The $4 million program, funded by SOQUEM, also covered the Rex and Rex South properties (see press releases of November 6 and November 25, 2019). \nThe upcoming 2020 exploration program, funded with an additional $4 million Alliance budget, will assess the best targets by diamond drilling and prospecting. Azimut is the operator of the Alliance.\nThe highlights of the field program are described below (see Figures 2 to 4):\nDiscovery of a 1.6-km-long gold-bearing area with grades up to 6.91 g/t Au, 16.4 g/t Ag and 0.22% Cu (sample Y90610), spatially associated with a 1.1-km-long electromagnetic conductor; grab samples collected in this area, mostly from angular boulders, are composed of sheared mafic volcanics with quartz veins and pyrite; Improved definition, through infill prospecting, of a previously recognized polymetallic corridor, 3.1 km long by up to 500 m wide, in the central part of the Property (see press releases of April 19, 2012 and September 18, 2012). The most significant new grab sample results are presented below from north to south:  \n• 245 g/...