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New results in the Eleonore Camp strengthen the discovery potential of the Eleonore South and Opinaca B properties
New results in the Eleonore Camp strengthen the discovery potential of the Eleonore South ...
About this update from Azimut Exploration, Inc.
[{"type":"text","content":"\n\n\n\nNew results in the Eleonore Camp strengthen the discovery potential of the Eleonore South and Opinaca B properties\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\nNew results in the Eleonore Camp strengthen the discovery potential of the Eleonore South and Opinaca B properties\nCanada NewsWire\nLONGUEUIL, QC, Jan 22, 2016\n\n\n\nLONGUEUIL, QC, Jan 22, 2016 /CNW Telbec/ - Azimut Exploration Inc. (\"Azimut\" or\"the Company\") (TSXV: AZM) reports that significant results have been recently released by Sirios Resources Inc. (\"Sirios\" ) (TSXV: SOI) on its Cheechoo gold property, located immediately adjacent to Azimut's Eleonore South and Opinaca B properties in the Eleonore Camp, James Bay region, Quebec. Data released so far suggests a strike extension of the Cheechoo discovery onto the Eleonore South property (see appended figure). \n\nBased on public information, the gold-bearing drilling results reported for the Cheechoo property are located as close as 50 metres from the boundary of the Eleonore South property. Sirios conducted drilling programs from 2012 to 2015 within a broad NW-SE area measuring 1,100 x 350 metres. The significant 2015 drilling results reported by Sirios include:\n\n\nHole 15-20: 15.61 g/t Au over 9.70 m and 15.04 g/t Au over 12.35 m \nHole 15-24: 4.18 g/t Au over 20.0 m \nHole 15-26: 1.00 g/t Au over 33.0 m \nHole 15-28: 2.96 g/t Au over 31.5 m\nAzimut considers that the Eleonore South property displays strong potential to host a strike extension of the Cheechoo discovery. This portion of the property, which contains previously reported gold mineralization, remains largely underexplored. Eleonore South is a joint venture between Azimut, Les Mines Opinaca Ltée, a wholly-owned subsidiary of Goldcorp Inc., and Eastmain Resources Inc. The last exploration program performed on the property by Eastmain, as operator, dates back to 2013.\n\nThe Opinaca B property is located about 4 km east from the drilled area on the Cheechoo property. Hecla Quebec Inc., a wholly-owned subsidiary of Hecla Mining Company, has the option to earn up t...