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Azimut and SOQUEM start exploration on four gold properties through their Strategic Alliance in the James Bay region, Quebec
Azimut and SOQUEM start exploration on four gold properties through their Strategic Allian...
About this update from Azimut Exploration, Inc.
[{"type":"text","content":"\n\n\n\nAzimut and SOQUEM start exploration on four gold properties through their Strategic Alliance in the 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.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\nAzimut and SOQUEM start exploration on four gold properties through their Strategic Alliance in the James Bay region, Quebec\nCanada NewsWire\nLONGUEUIL, QC, Dec. 05, 2016\n\n\n\nSymbol: AZM.TSX Venture \n\n\n\nLONGUEUIL, QC, Dec. 05, 2016 /CNW Telbec/ - Azimut Exploration Inc. (\"Azimut\" or the \"Company\") (TSXV: AZM) is pleased to announce the commencement of exploration work on four (4) gold properties acquired in the framework of its Strategic Alliance (\"the Alliance\") with SOQUEM in the James Bay–Eeyou Istchee Territory of Quebec (see figure appended). The James Bay region is one of the most active regions for gold exploration in Canada. Azimut is among the leading exploration companies in the region with a highly prospective portfolio of 16 properties.\n\nInitial work consisted of an extensive in-fill lake-bottom sediment geochemical survey covering the Pikwa, Pontois and Desceliers properties, for a total of 635 samples over approximately 600 km2. Results are pending and will be instrumental in refining existing gold targets on these properties.\n\nThe Munischiwan property, the fourth in the Strategic Alliance, is the subject of a detailed compilation which will optimize subsequent exploration. \n\nThis phase of work is 100% funded by SOQUEM and is managed by Azimut.\n\nThese gold targets were identified during a systematic regional-scale mineral potential modelling performed by Azimut in the framework of the Alliance. All four properties display strong multi-element geochemical footprints for gold in lake-bottom sediments, along with favourable geophysical, geological and structural criteria. These properties have seen little or no historical exploration for gold. The four properties comprise a total of 1,280 claims covering 658.3 km2. Each partner owns a 50% interest in the projects (see press releases of September 2...