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Azimut and SOQUEM Report Encouraging Copper-Gold Results from the Rex South Property, Nunavik Region, Quebec
Azimut and SOQUEM Report Encouraging Copper-Gold Results from the Rex South Property, Nuna...
About this update from Azimut Exploration, Inc.
[{"type":"text","content":"\n\n\n\nAzimut and SOQUEM Report Encouraging Copper-Gold Results from the Rex South Property, Nunavik 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\n\n\n\n\n\n\nCanada NewsWire\nLONGUEUIL, QC, Nov. 25, 2019\n\n\n\nSymbol: AZM.TSX Venture\n LONGUEUIL, QC, Nov. 25, 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 Rex South Property (the \"Property\") under the Azimut–SOQUEM Strategic Alliance in the Nunavik region (the \"Alliance\") (see Figure 1). The $4 million program, funded by SOQUEM, also covered the Rex Property (see press release of November 6, 2019) and the Nantais Property (results to be announced). \nThe field campaign led to:\nThe discovery of a new copper-bearing mineralized zone (Boreal Zone) with grades up to 3.07% Cu; The extension of previously recognized mineralized zones (see press releases of November 8, 2010; October 31, 2011; April 4, 2012; and September 13, 2012) with the following significant new grab sampling results: Copperton: up to 5.0 g/t Au and 1.75% Cu Dragon: up to 4.05% Cu Lebreuil: up to 11.2 g/t Au, 48.5 g/t Te and 3.67% Cu.These results further emphasize Rex South as a district-scale exploration property with strong potential for copper and gold as well as other associated commodities (silver, tellurium, molybdenum, tungsten and tin). The Property hosts at least 11 mineralized zones with kilometre-scale extensions, most of them surrounding or in the vicinity of a 15 kilometre by 5 kilometre ovoid-shaped granitic intrusion (the \"Qalluviartuuq Intrusive Complex\").\nThe upcoming 2020 exploration program, funded with an additional $4 million Alliance budget, will accelerate the assessment of the best mineralized zones by diamond drilling and prospecting. Azimut is the operator of the Alliance.\nHIGHLIGHTS (see Figures 2 to 7 and Photos 1 to 9)\nFigure 2 shows the results obtained from the 2019 field program. Figures 3 and 4 summar...