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Azimut Announces Major Nickel Position in the James Bay Region
Azimut Announces Major Nickel Position in the James Bay Region Canada NewsWire ...
About this update from Azimut Exploration, Inc.
[{"type":"text","content":"\n \n \n \n Azimut Announces Major Nickel Position in the James Bay Region\n \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 Canada NewsWire\n \n \n \n \n Symbol: AZM.TSX Venture\n \n \n \n LONGUEUIL, QC\n \n ,\n \n Nov. 30, 2021\n \n /CNW Telbec/ -\n \n Azimut Exploration Inc.\n \n (\"Azimut\" or the \"Company\") (TSXV: AZM) is pleased to report it has recently acquired a\n \n new portfolio of attractive nickel targets\n \n in the\n \n James Bay\n \n region of\n \n Quebec\n \n . These targets, acquired by map designation, also present a significant potential for copper, cobalt and platinum group elements, which are commonly associated with nickel deposits. All these commodities will be in high demand in the long term, given the current global energy transition period.\n \n \n Azimut's highest priority remains the advancement of its flagship project, the wholly owned Elmer gold property. However, the nickel position announced today represents a material growth opportunity for the Company, supported by its targeting capabilities and in-depth knowledge of the region.\n \n \n \n HIGHLIGHTS\n \n \n \n \n \n Acquisition of 57 well-defined targets totalling 1,051 claims (551 km\n \n 2\n \n ) in the\n \n James Bay\n \n region\n \n (\n \n see Figure 1\n \n ). The claims were granted by the Ministry of Energy and Natural Resources of\n \n Quebec\n \n . Collectively, these targets form the\n \n James Bay Nickel project\n \n (the \"JBN project\").\n \n \n The targets were selected through Azimut's advanced processing of regional-scale geophysical, geochemical and geological data.\n \n \n Most of the targets correspond to kilometre-scale mafic to ultramafic intrusions, likely representing subvolcanic conduits, dykes, and sills in volcano-sedimentary sequences. Azimut considers the\n \n James Bay\n \n region to be underexplored for this discrete but potentially highly valuable target type. Most of the acquired targets display very little or no past exploration history.\n \n \n The exploration concept supporting this claim position is bas...