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Azimut Exploration and SOQUEM cut an outstanding interval of 1.62% Li2O over 158.0 m, including 2.20% Li2O over 89.65 m, Galinée Lithium Property, James Bay region, Quebec
LONGUEUIL, Quebec, June 19, 2024 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to report excelle
About this update from Azimut Exploration, Inc.
[{"type":"text","content":" LONGUEUIL, Quebec, June 19, 2024 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to report excellent new lithium results from the second phase of diamond drilling on the Galinée Property (the “Property”) in the Eeyou Istchee James Bay region of Quebec, Canada. Fourteen (14) holes were drilled during this second phase, for a total of 3,203.65 metres, including two extended holes (GAL23-012ext and -013ext) and two that were abandoned (GAL24-019 and -027). The visual results from this phase were previously reported in the press releases of April 18 and May 8, 2024, as were the analytical results for one hole (GAL24-020: 2.68% Li2O over 54.6 m). All assays have now been received and are reported in this release. The results of this campaign confirm a wide and high-grade lithium zone on the Property, which now appears to be one of the most significant lithium pegmatite discoveries in the James Bay region. Drilling will continue this summer. A comprehensive property-scale till sampling and prospecting program is underway to identify additional drilling targets. Azimut and its partner SOQUEM Inc. have ranked the Galinée Property as one of their top priorities for 2024. Azimut is the operator of the work program. HIGHLIGHTS (see Figures 1 to 6, Tables 1 and 2) • Hole GAL24-018: 1.66% Li2O over 40.45 m (from 159.6 m to 200.05 m), including: 2.61% Li2O over 21.60 m (167.1 m to 188.7 m) 0.95% Li2O over 14.40 m (209.0 m to 223.4 m) • Hole GAL24-022: 2.53% Li2O over 25.90 m (from 135.1 m to 161.0 m), including: 3.16% Li2O over 19.75 m (135.1 m to 154.85 m) • Hole GAL24-023: 2.02% Li2O over 32.23 m (from 104.77 m to 137.0 m), including: 3.28% Li2O over 6.73 m (130.27 m to 137.0 m) • Hole GAL24-025: 1.62% Li2O over 158.0 m (from 207.85 m to 365.85 m), including: 2.20% Li2O over 89.65 m (207.85 m to 297.5 m), including: 3.33% Li2O over 29.6 m (267.9 m to 297.5 m) • Hole GAL24-027A: 2.50% Li2O over 7.50 m (from 183.0 m to 190.5 m) • Hole GAL23-12ext: 2.00% Li2O over 13.05 m (from 355.7 m to 368.75 m) 1.44% Li2O over 4.10 m (from 377.5 m to 381.6 m) 2.43% Li2O over 1.15 m (from 386.85 m to 388.0 m) The true widths of the drill intervals are undetermined at this stage. Holes GAL 23-013ext, GAL24-019A, -021...