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Azimut Exploration and SOQUEM Uncover Extensive Lithium Targets on the Galinée Property, James Bay region, Quebec
LONGUEUIL, Quebec, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce that
About this update from Azimut Exploration, Inc.
[{"type":"text","content":" LONGUEUIL, Quebec, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce that the 2024 field exploration program has defined extensive new lithium targets on the Galinée Property (the “Property”) in the Eeyou Istchee James Bay region of Quebec, Canada. The targets result from a combination of systematic till sampling and project-scale prospecting, which highlighted new prospective zones with a cumulative length of approximately 18 kilometres. Boulders grading up to 5.36% Li2O have been found in poorly outcropping areas in the northeastern part of the Property, where the glacial sediments (till) contain significant amounts of spodumene crystals. Another promising sector, returning up to 2.85% Li₂O in boulders, was identified within a 10-kilometre zone in the northwestern part. Follow-up activities will prioritize this new target area. These results further underscore the project’s strong exploration potential within an emerging lithium district. The spring 2024 drilling program yielded wide intervals of high-grade mineralization in the northernmost part of the Property, including 1.62% Li2O over 158.0 m, 2.48% Li2O over 72.7 m, and 2.68% Li2O over 54.6 m. (see press release of June 19, 2024). Galinée is one of the priorities among the joint venture projects between Azimut and SOQUEM Inc. (“SOQUEM”). Additional results from the field programs conducted this summer on other Azimut projects (see press release of September 9, 2024) will be reported as they become available. Significant progress is expected, notably on the Elmer (gold-copper), Wabamisk (gold-antimony), Kukamas (nickel-copper-PGE), and Pilipas (lithium) projects. HIGHLIGHTS (see Figures 1 to 5, Photos 1 to 4) Systematic till sampling (851 samples) was conducted along lines spaced 1.0 to 1.5 kilometres apart, perpendicular to the southwest glacial direction and geological strike, with samples taken at an average interval of 100 metres along the lines. UV light was used to identify spodumene grains in the sieved coarse fractions of 5-kilogram samples, with confirmation by portable LIBS (Laser Induced Breakdown Spectroscopy) analyzer and/or binocular microscope. 253 till samples (29.7%) contain at least 1 crystal, and up to 30 crystals, of spodumene per sample. This innovativ...