Business
Azimut's Elmer and Duxbury gold properties provide a controlling position over a highly prospective 32-km trend in the James Bay region, Quebec
Azimut's Elmer and Duxbury gold properties provide a controlling position over a highly pr...
About this update from Azimut Exploration, Inc.
[{"type":"text","content":"\n\n\n\nAzimut's Elmer and Duxbury gold properties provide a controlling position over a highly prospective 32-km trend in the 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.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nLONGUEUIL, QC, Sept. 13, 2018\n\n\n\nSymbol: AZM.TSX Venture\n LONGUEUIL, QC, Sept. 13, 2018 /CNW Telbec/ - Azimut Exploration Inc. (\"Azimut\" or \"the Company\") (TSXV: AZM) is pleased to announce it has recently acquired the Elmer Property where historical exploration programs revealed many high-grade gold-silver-copper-zinc prospects. Azimut also owns the adjacent Duxbury Property. Together, these two properties provide a controlling position over a highly prospective 32-kilometre corridor known as the Elmer Trend. Both projects can be accessed by the quality infrastructure of the James Bay region of Quebec, one of the most active regions for gold exploration in Canada (Figure 1).\nAzimut's short term objective is to build a robust exploration model for the Elmer Trend. The Company is systematically reviewing and reprocessing the large historical database for the Elmer Property, and is undertaking a preliminary field assessment. The Elmer gold system has significant untested drill targets. Its geological setting and mineralized context share strong similarities with the Windfall Project in the Abitibi region (Osisko Mining). Past explorers have also compared features of the Elmer Trend to the Hemlo and Bousquet-Doyon mining camps.\nThe wholly owned Elmer Property was acquired by map designation and covers 158 claims (82.2 km2). It is located 285 kilometres north of the town of Matagami, 60 kilometres east of the municipality of Eastmain, and 40 kilometres west of the James Bay Road, a major paved highway. The Property is situated within the Lower Eastmain Archean greenstone belt of the geological La Grande Subprovince in the Superior Province.\nMost historical prospects are located within an ENE-WSW corridor 12 kilometres long by up to 3 kilometres wide (Figure 2). The geology o...