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Azimut refines highly prospective gold target on the Eleonore South Property in the Eleonore mining camp
Azimut refines highly prospective gold target on the Eleonore South Property in the Eleono...
About this update from Azimut Exploration, Inc.
[{"type":"text","content":"\n\n\n\nAzimut refines highly prospective gold target on the Eleonore South Property in the Eleonore mining camp\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\nAzimut refines highly prospective gold target on the Eleonore South Property in the Eleonore mining camp\nCanada NewsWire\nLONGUEUIL, QC, March 30, 2016\n\n\n\nSymbol: AZM.TSX Venture \n\n\n\nLONGUEUIL, QC, March 30, 2016 /CNW Telbec/ - Azimut Exploration Inc. (\"Azimut\" or \"the Company\") (TSXV: AZM) has refined the highly prospective target area on the Eleonore South Property by re-analyzing public data. The roughly 14 km2 target area is principally defined by a strong gold-arsenic anomaly and a 10.3-km-long tonalite-metasediment contact. The target area, which remains largely untested by drilling, appears to be part of a large gold system with considerable exploration potential (see figures appended). \n\nThe re-examined data covers the Eleonore South Property (JV between Azimut, Les Mines Opinaca Ltée, a wholly-owned subsidiary of Goldcorp Inc., and Eastmain Resources Inc.) and the adjacent Cheechoo Property explored by Sirios Resources Inc. (\"Sirios\"). \n\nThe best drilling result recently reported by Sirios at Cheechoo is 12.08 g/t Au over 20.3 m in Hole #52, located about 250 m north of the Eleonore South boundary. This gold-bearing intersection is related to a tonalite-metasediment contact that strikes onto the Eleonore South property.\n\nThe appended figures show the following:\n\n\nThe location of Azimut's properties on a map of the Eleonore mining camp (Figure 1) \nClose-up of the Eleonore gold deposit: soil geochemistry footprint (Figure 2) \nClose-ups of the Eleonore South and Cheechoo properties:\n\nSoil geochemistry, rock grab samples and alteration (Figure 3, Figure 4) \nSoil geochemistry and significant drilling results (Figure 5, Figure 6)\nThe following factors support the delineation of a major gold target area in the eastern part of Eleonore South:\n\n1) Relationship between gold-arsenic anomalies in soil and gold mineralization in bedrock\n\nExt...