Business
High-grade prospecting results enhance upcoming 5,000-metre drilling program at Eleonore South gold Property, James Bay region, Quebec
High-grade prospecting results enhance upcoming 5,000-metre drilling program at Eleonore S...
About this update from Azimut Exploration, Inc.
[{"type":"text","content":"\n\n\n\nHigh-grade prospecting results enhance upcoming 5,000-metre drilling program at Eleonore South gold Property, 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\n\n\n\n\n\nHigh-grade prospecting results enhance upcoming 5,000-metre drilling program at Eleonore South gold Property, James Bay region, Quebec\nCanada NewsWire\nLONGUEUIL, QC, Aug. 29, 2016\n\n\n\nSymbol: AZM.TSX Venture\n\n\n\nLONGUEUIL, QC, Aug. 29, 2016 /CNW Telbec/ - Azimut Exploration Inc. (\"Azimut\" or the \"Company\") (TSXV: AZM) is pleased to announce the results of a recently completed surface prospecting program on the Eleonore South Property in the James Bay region of Quebec. The program has delivered some of the best prospecting gold grades obtained to date in the Eleonore mining camp area.\n\nHigh-grade grab samples collected on the Property approximately 12 kilometres from Goldcorp's Eleonore mine, ranging from 11.6 g/t Au to 142.0 g/t Au, confirm the exploration potential of a 3-km-long corridor identified by soil geochemistry, on strike with the Cheechoo discovery of Sirios Resources Inc. (see appended figures). The first 2,500 metres of a 5,000-metre diamond drilling program will begin in mid-September to test high-priority targets.\n\nHighlights:\n\n\nConfirmation of a 3-km-long by 500-m-wide highly prospective corridor extending from the JT Prospect on the Eleonore South Property to the boundary of the Cheechoo property; and \nDiscovery of a new gold prospect (the FD Prospect), including visible gold, located 4.5 km north of the JT Prospect along a tonalite-metasediment contact, which appears to be a significant control on the gold mineralization system (see press release of March 30, 2016).\nA total of 404 grab rock samples, mostly from outcrops, were collected on the Property during a 14-day program. Grab samples are selective by nature and unlikely to represent average grades. The results are summarized as follows:\n\n\nHigh-grade samples collected over a 30-m by 20-m outcrop (the Moni Prospect) include 142.0 g/t Au, 102.5 g/t Au, 51.3 g/t Au, 39.3 g/t A...