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Azimut and SOQUEM identify Strong Electromagnetic Conductors on the Pikwa Property, James Bay region, Quebec
Azimut and SOQUEM identify Strong Electromagnetic Conductors on the Pikwa Property, James ...
About this update from Azimut Exploration, Inc.
[{"type":"text","content":"\n\n\n\nAzimut and SOQUEM identify Strong Electromagnetic Conductors on the Pikwa 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, April 15, 2019\n\n\n\nSymbol: AZM.TSX Venture \n LONGUEUIL, QC, April 15, 2019 /CNW Telbec/ - Azimut Exploration Inc. (\"Azimut\" or the \"Company\") (TSXV: AZM) is pleased to announce encouraging preliminary results from a 2,234-line-kilometre electromagnetic (VTEMTM Plus) and magnetic heliborne survey covering a major gold-polymetallic target on the Pikwa Property (the \"Property\") in the James Bay region of Quebec (see Figure 1).\nA well-defined 10.5-kilometre-long corridor of strong electromagnetic (\"EM\") conductors hosts the Hyperion Prospect (up to 7.17 g/t Au). Other conductors are on strike with the Copperfield Prospect (up to 2.95% Cu), as well as the adjacent polymetallic Mythril Discovery of Midland Exploration Inc. (TSXV: MD).\nThe upcoming 2019 exploration phase will consist of focussed prospecting and mechanized stripping, a soil geochemical survey, ground geophysics and likely 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. Previous results from the Property were released on November 6 and 27, 2018 and on March 20, 2019. Major developments of the Strategic Alliance were disclosed in the Company's press release of February 25, 2019.\nHIGHLIGHTS (see Figures 2 to 7)\nStrong EM conductors, with a cumulative length of about 7.4 kilometres, correlate well with linear magnetic highs along two main directions (E-W and WSW-ENE). Most of the conductors defined at this time are subcropping with probable subvertical dips. The Hyperion Prospect occurs within a well-defined 10.5-kilometre-long E-W corridor of combined EM conductors and magnetic highs. The prospect is characterized by high concentrations of arsenopyrite in gold-bearing rocks. The Copperfie...