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Azimut Commences a 1,000-Metre Drilling Program on the Chromaska Property (Cr, PGE, Ni), James Bay region, Quebec

Azimut Commences a 1,000-Metre Drilling Program on the Chromaska Property (Cr, PGE, Ni), J...

articleAzimut Exploration, Inc.March 13, 20184/company/azimut-exploration-inc/news/azimut-commences-a-1000-metre-drilling-program-on-the-chromaska-property-cr-pge-ni-james-bay-region-quebec
Azimut Commences a 1,000-Metre Drilling Program on the Chromaska Property (Cr, PGE, Ni), James Bay region, Quebec

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[{"type":"text","content":"\n\n\n\nAzimut Commences a 1,000-Metre Drilling Program on the Chromaska Property (Cr, PGE, Ni), 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, March 13, 2018\n\n\n\nSymbol: AZM.TSX Venture \n\n\n\nLONGUEUIL, QC, March 13, 2018 /CNW Telbec/ - Azimut Exploration Inc. (\"Azimut\" or \"the Company\") (TSXV: AZM) is pleased to announce that an initial 1,000-metre diamond drilling program (3 holes) will soon commence on its 100% owned Chromaska Property (formerly called \"Eastmain West\"), an early-stage Chromium-Platinum-Palladium-Nickel project in an highly accessible part of the James Bay region of Quebec (Figure 1).\n\nThe Chromaska Property shares several attractive geological and geophysical similarities with the Black Thor Intrusive Complex, host to the major Black Thor chromite deposit in the Ring of Fire district of Northern Ontario. The Black Thor deposit has measured and indicated resources of 137.7 Mt at 31.5% Cr2O3 and inferred resources of 26.8 Mt at 29.3% Cr2O3 over a 2.3 km strike length (Noront Resources Ltd. website).\n\nhttp://www.azimut-exploration.com/en/presentations/PR_20180313_Figures.pdf\n\nHighlights\n\n\nChromaska is a four-kilometre-long ultramafic intrusion (dunite, harzburgite) with disseminated to massive chromite mineralization associated with a well-defined prospective horizon. The best channel results to date returned 17.2% Cr2O3 over 7.54 m, including 33.2% Cr2O3 over 3.55 m (Figure 2) (see press release of January 19, 2017);\nChromite mineralization coincides with a prominent magnetic and electromagnetic marker horizon (Figure 3);\nA ground gravity survey covering the central part of the mineralized trend identified a continuous residual Bouguer gravity anomaly up to 200 metres wide, 1.2 kilometres long and open along strike. The gravity anomaly is stratigraphically high in the intrusion, which is a favourable criterion for chromite sills (Figure 4) (see press release of May 8, 2017);\n3D gravity modelling a...

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