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Azimut Exploration Inc.
Summary
| Project: | Eleonore | |
|---|---|---|
| Deposit: | Eleonore South | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/30/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 30-5-2017: Azimut Exploration Inc. announces an Exploration/Drilling Update report for its Eleonore South deposit at the Eleonore project. JV with Eastmain Resources - Drilling results incl. 3.0m @ 6.61g/t Au from 71.0m. LONGUEUIL, QC, May 30, 2017 /CNW T | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Jean-Marc Lulin (Internal) | |
| ABSTRACT: | LONGUEUIL, QC, May 30, 2017 /CNW Telbec/ - Azimut Exploration Inc. ("Azimut" or the "Company") (TSXV: AZM) announces the results of the last five (5) holes of a 14-hole (2,733-metre) diamond drilling program completed in early April on the Eleonore South JV Property. These new results notably include 6.61 g/t Au over 3.0 metres in Hole ES17-70. These five holes were positioned 700 to 1,300 metres west of a previously reported intersection of 4.9 g/t Au over 45.0 metres in Hole ES17-64 (see press release of May 2, 2017). These assays represent the completion of the 2016-2017 drilling program (26 holes totalling 5,243 m). The results from the Phase 1 and Phase 2 programs (see press releases of Nov. 21, 2016, of May 2, 2017 and this release) are being used by the JV partners to plan the next stage of drilling and field activities on the Property. The Eleonore South JV Property is adjacent to Goldcorp's Eleonore mine property. The main target area is a prospective corridor 3 to 4 kilometres long by roughly 500 metres wide, straddling a tonalite intrusion and its contact with metasedimentary rocks. The preliminary interpretation for this large gold-bearing system is a late-stage hydrothermal-magmatic phase directly related to the tonalitic intrusion. | |
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