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Azimut and SOQUEM near completion of $4 Million Gold-Copper Exploration Program over the Rex Trend in Nunavik, Northern Quebec
Azimut and SOQUEM near completion of $4 Million Gold-Copper Exploration Program over the R...
About this update from Azimut Exploration, Inc.
[{"type":"text","content":"\n\n\n\nAzimut and SOQUEM near completion of $4 Million Gold-Copper Exploration Program over the Rex Trend 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.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nLONGUEUIL, QC, Sept. 4, 2019\n\n\n\nSymbol: AZM.TSX Venture \n LONGUEUIL, QC, Sept. 4, 2019 /CNW Telbec/ - Azimut Exploration Inc. (\"Azimut\" or the \"Company\") (TSXV: AZM) is pleased to report that a $4 million exploration program is near completion on three (3) major gold-copper properties under the Azimut – SOQUEM Strategic Alliance in the Nunavik region (the \"Nunavik Alliance\"). The objective of the 2019 program is to advance the Rex-Duquet, Rex South and Nantais properties to the drilling stage, supported by a heliborne electromagnetic (\"EM\") survey and detailed prospecting. Assay results are pending and will be delivered on a timely basis. Azimut is the operator of the Nunavik Alliance. See Figure 1: http://www.azimut-exploration.com/en/presentations/PR_20190904_Fig1-p.pdf\nSince 2009, the Company has acquired a controlling land position over a vast underexplored region of Northern Quebec (the \"Rex Trend\") through its Rex-Duquet and Rex South properties. In addition, the Nantais Property covers a high-potential greenstone belt located about 110 kilometres east of the Rex Trend. All three projects are the result of copper-gold predictive modelling using the Company's AZtechMineTM expert system over a 1,247,900 km2 surface area. The properties may represent district-scale targets as suggested by the initial discovery of at least seven (7) multi-kilometre gold and/or polymetallic zones and more than 200 distinct prospects. See Figures 2 to 4: http://www.azimut-exploration.com/en/presentations/PR_20190904_Fig2-4-p.pdf\nThe Rex Trend is defined as a strong 300-kilometre-long copper anomaly in lake-bottom sediments (\"LBS\") coupled with a strong 100-kilometre-long rare earth (\"REE\") anomaly (press releases of March 31 and July 22, 2011). Azimut considers the Rex...