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Azimut Exploration Inc.

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Summary

Project:

Eleonore

Deposit:Eleonore South
Location:Canada
Commodities:Gold
Date:12/12/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:12-12-2017: Azimut Exploration Inc. announces an Exploration/Drilling Update report for its Eleonore South deposit at the Eleonore project. JV with Goldcorp- Drilling results incl. 147.5m @ 0.65g/t Au. LONGUEUIL, QC, Dec. 12, 2017 /CNW Telbec/ - Azimut Ex
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Jean-Marc Lulin (Internal)
ABSTRACT:LONGUEUIL, QC, Dec. 12, 2017 /CNW Telbec/ - Azimut Exploration Inc. ("Azimut" or the "Company") (TSXV: AZM) is pleased to announce the results of the first eighteen (18) holes (4,443 m) of the 8,000-metre 2017-2018 diamond drilling program on the Eleonore South JV Property. The Eleonore South Property is adjacent to the Eleonore Property hosting the major Eleonore gold mine owned and operated by Goldcorp. Eleonore South continues to deliver very encouraging drilling results that complement the previously reported high-grade channel and grab samples (see press releases of October 17 and November 16, 2017). A new diamond drilling phase of 3,600 metres is scheduled for early next year to complete the program. It will follow up on drill results and test new high-grade targets (Moni Trend). A significant feature of the project is that most of these gold-bearing sections are found within or near wide gold-bearing mineralized envelopes. The drilling objectives are to: a) further assess the grade and geometric continuity of previous significant drill results within the tonalite intrusion; and b) continue drill testing the 4-kilometre by 500-metre corridor, particularly south of the JT Prospect where the intrusion-metasediment contact changes direction.

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