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Azimut announces Gold results on the Nantais Property in Nunavik, Northern Quebec
Symbol: AZM.TSX Venture LONGUEUIL, QC, Sept. 18, 2012 /CNW Telbec/ - Azimut Exploratio...
About this update from Azimut Exploration, Inc.
[{"type":"text","content":"\n\n\n\n\n\nSymbol: AZM.TSX Venture\n\n\nLONGUEUIL, QC, Sept. 18, 2012 /CNW Telbec/ - Azimut Exploration Inc (\"Azimut\" or \"the Company\") (TSXV: AZM) announces encouraging results from an additional sampling program\n performed on its wholly owned Nantais Property in Nunavik, Northern\n Quebec. The results and geological context indicate an excellent\n potential for gold-rich polymetallic volcanogenic massive sulphide\n deposits. The next phase of exploration will consist of airborne\n geophysics, prospecting and possibly drilling.\n\n\nA total of 128 grab rock samples were collected on the property in 2012,\n mostly from outcrops. Grab samples are selective by nature and unlikely\n to represent average grades. The best grades include:\n\n\n\n\n\nGold\n\n\n(g/t)\n\n\n \n\n\n \n\n\nSilver\n\n\n(g/t)\n\n\n \n\n\n \n\n\nCopper\n\n\n(%)\n\n\n \n\n\n \n\n\nSample\n\n\n#\n\n\n15.15\n\n\n \n\n\n \n\n\n \n\n\n31.30\n\n\n \n\n\n \n\n\n \n\n\n0.86\n\n\n \n\n\n \n\n\n \n\n\nJ351726\n\n\n \n\n\n15.50\n\n\n \n\n\n \n\n\n \n\n\n4.53\n\n\n \n\n\n \n\n\n \n\n\n0.10\n\n\n \n\n\n \n\n\n \n\n\nJ351722\n\n\n \n\n\n9.98\n\n\n \n\n\n \n\n\n \n\n\n9.26\n\n\n \n\n\n \n\n\n \n\n\n0.06\n\n\n \n\n\n \n\n\n \n\n\nJ351723\n\n\n \n\n\n2.21\n\n\n \n\n\n \n\n\n \n\n\n66.10\n\n\n \n\n\n \n\n\n \n\n\n0.80\n\n\n \n\n\n \n\n\n \n\n\nJ351728\n\n\n \n\n\n1.83\n\n\n \n\n\n \n\n\n \n\n\n41.50\n\n\n \n\n\n \n\n\n \n\n\n0.45\n\n\n \n\n\n \n\n\n \n\n\nJ351717\n\n\n \n\n\n\n\n\nThe results for all 152 samples collected from this property in 2011 and\n 2012 can be summarized as follows:\n\n\nGold: 31 samples returned grades higher than 0.1 g/t Au, including 14\n samples ranging from 1.0 g/t to 26.10 g/t Au\n\n\nSilver: 93 samples returned grades higher than 1.0 g/t Ag, including 15\n samples ranging from 10.0 g/t to 99.30 g/t Ag\n\n\nCopper:  17 samples returned grades from 0.1% to 0.86% Cu\n\n\nMany samples also returned anomalous zinc (up to 2.26% Zn) and lead\n values (up to 1.29% Pb). To date, mineralization has been recognized\n along a 3-kilometre-long prospective trend, open in all d...