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Azimut and SOQUEM Identify Induced Polarization Anomalies over the InSight Au-Ag-Cu Discovery, Munischiwan Property, James Bay
Azimut and SOQUEM Identify Induced Polarization Anomalies over the InSight Au-Ag-Cu Discov...
About this update from Azimut Exploration, Inc.
[{"type":"text","content":"\n\n\n\nAzimut and SOQUEM Identify Induced Polarization Anomalies over the InSight Au-Ag-Cu Discovery, Munischiwan Property, James Bay\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, April 30, 2019\n\n\n\nSymbol: AZM.TSX Venture\n LONGUEUIL, QC, April 30, 2019 /CNW Telbec/ - Azimut Exploration Inc. (\"Azimut\" or the \"Company\") (TSXV: AZM) is pleased to announce the preliminary results of an induced polarization (\"IP\") ground geophysical survey over the InSight discovery (Au-Ag-Cu) on the Munischiwan Property (the \"Property\") in the James Bay region of Quebec (see Figure 1). The next exploration phase will start in June 2019 and will consist of detailed prospecting followed by 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 alliance were disclosed in the Company's press release of February 25, 2019.\nThe InSight discovery is currently defined as a 150-metre by 600-metre envelope based on outcropping mineralization. Grab samples yielded up to 100.5 g/t Au, 435 g/t Ag, 156 g/t Te and 1.67% Cu. The new geophysical data significantly extend the potential of this prospect.\nHIGHLIGHT (see Figures 2 and 3)\nThe InSight discovery is characterized by a 300-metre by at least 1,000-metre coincident IP anomaly striking NNW-SSE (the \"InSight Target Zone\"). Other IP anomalies, subparallel to and/or on strike with the InSight discovery, constitute highly prospective targets within a 1-kilometre by at least 3-kilometre trend. Heliborne magnetic data (Geotech 2017) show a good spatial correlation with the IP anomalies, thereby strengthening the target definition.The discovery of the InSight prospect is the direct outcome of the Company's predictive modelling using the AZtechMineTM expert system over the James Bay region. The prospect has been described in the press releases of October 25, 2018, December 5, 2018 and...