Azimut: Exploration Update

About this update from Azimut Exploration, Inc.

[{"type":"text","content":"\n\n\n\nAzimut: Exploration Update\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 25, 2020\n\n\n\nSymbol: AZM.TSX Venture \n LONGUEUIL, QC, March 25, 2020 /CNW Telbec/ - Azimut Exploration Inc. (\"Azimut\" or the \"Company\") (TSXV: AZM) announces it will immediately suspend all its field operations to respect the order of the Government of Quebec in response to the COVID-19 pandemic. All of Azimut's employees and contractors are safely demobilizing and will be ready to resume operations as soon as possible.\nAt the current time, there is no anticipated change regarding the fully funded $10.5 million program planned for 2020. This program includes 18,000 metres of drilling on five (5) gold and copper-gold properties in Quebec.\nOn the Elmer Property (100% Azimut), two rigs are already positioned for a 6,000-metre (30-hole) diamond drilling program. The objective is to expand the Patwon gold discovery recently reported on the Property, which consists of multiple substantial drill hole intersections, including 3.12 g/t Au over 102.0 m. Most targets should be accessible and drillable year-round (see press release of March 18, 2020).\nA heliborne high-definition magnetic survey totalling 2,706 line-kilometres with 50-metre line spacing has just been completed over the eastern part of the Property. The results of this survey will be processed and interpreted over the next few weeks.\nOn the Pikwa Property (SOQUEM/Azimut), an induced polarization survey totalling 21 line-kilometres has been conducted over a grid 5.6 kilometres long by 700 metres wide with 200-metre line spacing. The results are being processed and interpreted to support a forthcoming maiden diamond drilling program. Excellent results were obtained during the last field program, notably the delineation of a multi-kilometre long copper-gold target zone (up to 9.8% Cu and 13.4 g/t Au on outcrops, up to 20.1% Cu on boulders) (see press releases of October 23 and December 9, 2019).\nThi...

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