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Azimut and SOQUEM Initiate Drilling on a 10-km-long Copper-Gold Target on the Pikwa Property, James Bay region, Quebec

Azimut and SOQUEM Initiate Drilling on a 10-km-long Copper-Gold Target on the Pikwa Prope...

articleAzimut Exploration, Inc.October 6, 20205/company/azimut-exploration-inc/news/azimut-and-soquem-initiate-drilling-on-a-10-km-long-copper-gold-target-on-the-pikwa-property-james-bay-region-quebec
Azimut and SOQUEM Initiate Drilling on a 10-km-long Copper-Gold Target on the Pikwa Property, James Bay region, Quebec

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[{"type":"text","content":"Azimut-PikwaDrilling\n \n \n \n Azimut and SOQUEM Initiate Drilling on a 10-km-long Copper-Gold Target on the Pikwa Property, James Bay region, 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.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n LONGUEUIL, QC, Oct. 6, 2020\n \n \n \n \n \n LONGUEUIL, QC\n \n ,\n \n Oct. 6, 2020\n \n /CNW Telbec/ -\n \n Azimut Exploration Inc.\n \n (\"Azimut\" or the \"Company\") (TSXV: AZM) is pleased to announce the start of a minimum 2,000-metre (12-hole) maiden diamond drilling program on the\n \n Pikwa Property\n \n (the \"Property\") in the\n \n James Bay\n \n region of\n \n Quebec\n \n . This drilling program follows a recently completed ground geophysical survey. The objective is to test a\n \n major 10-kilometre-long copper-gold target\n \n (the\n \n Copperfield East target\n \n ) defined by several spatially coincident features (\n \n see Figures 1 to 5\n \n ):\n \n \n \n A continuous induced polarization (\"IP\") corridor 10 kilometres long and up to 400 metres wide characterized by moderate to strong chargeability anomalies, generally well-correlated with magnetic highs;\n \n \n Two electromagnetic (VTEM) conductors that correlate well with IP anomalies in the western part of the target;\n \n \n A strong polymetallic (copper-gold-silver-molybdenum) soil anomaly; and\n \n \n Mineralized outcrops and an extensive mineralized boulder field with grades reaching:\n \n \n \n up to\n \n 9.8% Cu\n \n ,\n \n 13.45 g/t Au\n \n ,\n \n 37.6 g/t Ag\n \n , and\n \n 1% Mo\n \n (from outcrops); and\n \n \n up to\n \n 20.1% Cu\n \n ,\n \n 2.99 g/t Au\n \n ,\n \n 58 g/t Ag\n \n and\n \n 0.24% Mo\n \n (from boulders).\n \n \n \n \n The Pikwa Property is part of the James Bay Strategic Alliance (the \"Alliance\") between Azimut and\n \n SOQUEM Inc.\n \n (\"SOQUEM\"), a subsidiary of Investissement Québec. Azimut is the operator for the Alliance. The Property was acquired in 2016 following systematic gold predictive modelling over the\n \n James Bay\n \n region (176,300 km\n \n 2\n \n surfac...

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