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Azimut Commences a 20,000-Metre Drilling Program, Advancing Toward a Maiden Gold Resource Estimate on the Elmer Property, Quebec
Azimut Commences a 20,000-Metre Drilling Program, Advancing Toward a Maiden Gold Resource...
About this update from Azimut Exploration, Inc.
[{"type":"text","content":"\n \n \n \n Azimut Commences a 20,000-Metre Drilling Program, Advancing Toward a Maiden Gold Resource Estimate on the Elmer Property, Quebec\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.prntac{\nTEXT-ALIGN: CENTER\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 Oct. 18, 2021\n \n /CNW Telbec/ -\n \n Azimut Exploration Inc.\n \n (\"Azimut\" or the \"Company\") (TSXV: AZM) is pleased to announce that a new 20,000-metre drill phase has started as planned on the Company's\n \n 100% owned Elmer Property\n \n (the \"Property\") in the\n \n James Bay\n \n region of\n \n Quebec\n \n (\n \n see Figures 1 to 4\n \n ).\n \n \n The aim is to continue delineation drilling on the\n \n Patwon Gold Zone\n \n to expand the size of the mineralized body (\n \n see Figure 3\n \n ) and prepare a maiden 43-101 compliant resource estimate.\n \n \n Highly promising exploration targets will also be drill-tested along strike from Patwon and on subparallel shear zones. Azimut's systematic assessment work indicates a high probability of finding additional gold-bearing zones in the vicinity of the Patwon discovery.\n \n \n \n Expanding the Patwon Gold Zone\n \n (\n \n see Figure 4\n \n and Table 1)\n \n \n \n Minimum of 14,000 metres of diamond drilling;\n \n \n From surface down to 500 metres, completion of a systematic drilling grid on 50-metre centres;\n \n \n From 500 metres down to 800 metres, completion of a systematic drilling grid of 50 metres along strike by 100 metres vertically;\n \n \n One rig already operational and a second rig scheduled for mid-November.\n \n \n \n \n Testing new targets\n \n \n \n \n Minimum of 6,000 metres of diamond drilling;\n \n \n Follow-up drilling on several targets that were previously drill-tested in 2021;\n \n \n Drilling on additional targets, based on the results of systematic assessment work (prospecting, till sampling, induced polarization geophysics and lithostructural interpretation);\n \n \n A third rig for exploration drilling, scheduled to ...