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Azimut and SOQUEM Resume Exploration on the Munischiwan Property (Au, Ag, Cu), James Bay Region, Quebec
Azimut and SOQUEM Resume Exploration on the Munischiwan Property (Au, Ag, Cu), James Bay R...
About this update from Azimut Exploration, Inc.
[{"type":"text","content":"\n\n\n\nAzimut and SOQUEM Resume Exploration on the Munischiwan Property (Au, Ag, Cu), 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, June 27, 2019\n\n\n\nSymbol: AZM.TSX Venture \n LONGUEUIL, QC, June 27, 2019 /CNW Telbec/ - Azimut Exploration Inc. (\"Azimut\" or the \"Company\") (TSXV: AZM) is pleased to announce it has started the 2019 exploration program on the Munischiwan Property (the \"Property\") in the James Bay region of Quebec (see Figure 1). This phase of work mainly consists of detailed surface sampling on the InSight Discovery to prepare for the first diamond drilling program later this year.\nThe Property is jointly owned with SOQUEM Inc. (\"SOQUEM\"), under a Strategic Alliance covering the James Bay region. Major new developments of the alliance were disclosed in the Company's press release of May 15, 2019.\nThe InSight Discovery is currently defined as a 600-metre by 150-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. Grab samples are selective by nature and unlikely to represent average grades. Mineralization is mostly composed of disseminated chalcopyrite, quartz veins and quartz veinlets hosted in foliated metasediments with strong biotite alteration (see press releases of October 25, 2018 and December 5, 2018) (see Figure 2).\nThe results of an induced polarization (\"IP\") survey recently completed over this area (see press release of April 30, 2019) indicate 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 trend at least 3 kilometres long by 1 kilometre wide.\nOther prospects discovered during the 2018 prospecting program, including the Soga Prospect (up to 2.53% Cu, 9.0 g/t Ag in grab samples) hosted in mafic intrusives, will be subject to addition...