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Azimut obtains 33.2% Cr2O3 over 3.55 metres in channel sampling on its Eastmain West Property (Cr, PGE, Ni), James Bay region, Quebec
Azimut obtains 33.2% Cr2O3 over 3.55 metres in channel sampling on its Eastmain West Prope...
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[{"type":"text","content":"\n\n\n\nAzimut obtains 33.2% Cr2O3 over 3.55 metres in channel sampling on its Eastmain West 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.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nLONGUEUIL, QC, Jan. 19, 2017\n\n\n\nSymbol: AZM.TSX Venture\n\n\n\nLONGUEUIL, QC, Jan. 19, 2017 /CNW Telbec/ - Azimut Exploration Inc. (\"Azimut\") (TSXV: AZM) reports encouraging results from channel sampling performed in late 2016 on its 100%-owned Eastmain West Property located in the James Bay region, Quebec. The best channel result is 17.21% Cr2O3 over 7.54 m, including 33.2% Cr2O3 over 3.55 m, from the Dominic Prospect. \n\n\n \n \n\n\n\n\n\n\n\n \nThe Eastmain West Property complements Azimut's strategic gold position in the James Bay region, which comprises 15 properties, notably Eleonore South (Azimut–Goldcorp–Eastmain Resources JV) and four projects in a regional alliance with SOQUEM. \n\nThe Eastmain West Property offers significant exploration and development potential for a large chromite deposit based on the following:\n\n\nA strategic location in a highly accessible region with major infrastructure nearby (Figure 1);\nChromite mineralization and accompanying platinum group element (PGE) values related to a prospective horizon at least 4 km long in a mafic-ultramafic intrusion with a strong magnetic and electromagnetic footprint (Figures 2 and 3);\nThe Province of Quebec is recognized as one of the best mining jurisdictions worldwide, and has built constructive relationships with local communities, including First Nations communities;\nNo chromite producers in North America and a favourable market environment. \nThe Eastmain West Property comprises 66 claims covering a surface area of 35 km2. It is located close to major infrastructure (permanent roads, power lines, airports), 45 km northeast of the municipality of Nemaska and 35 km north of the Whabouchi mining project (Nemaska Lithium).\n\nIn late 2016, a total of 73 rock samples were collected during a short prospecting program, including 59 channe...