• Samstag, 28 Dezember 2024
  • 22:07 Uhr Frankfurt
  • 21:07 Uhr London
  • 16:07 Uhr New York
  • 16:07 Uhr Toronto
  • 13:07 Uhr Vancouver
  • 08:07 Uhr Sydney

Azimut further defines major Copper and Gold exploration targets at Rex South, Nunavik, Quebec

22.02.2011  |  CNW

LONGUEUIL, QC, Feb. 22 /CNW/ --
Symbol: AZM.TSX Venture


LONGUEUIL, QC, Feb. 22 /CNW Telbec/ - Azimut Exploration Inc ('Azimut') (TSXV: AZM) announces the improved definition of four (4) major copper and gold
exploration target areas on the Rex South property following the
interpretation of property-wide lake-bottom sediment geochemical and
airborne geophysical surveys performed in 2010.


The most significant target area, represented by the Augossan and Le
Breuil trends, displays a strong district-scale polymetallic footprint.
It will be investigated during a comprehensive program in 2011,
including 7,000 m of drilling.


Salient results for the property are as follows:


The Augossan Trend and Le Breuil Trend form a single 5 x 15 km ovoid-shaped target area characterized by
strong geochemical anomalies in lake-bottom sediments, notably for
copper (up to 587 ppm Cu) and rare earth elements (up to 3,768 ppm
REE), as well as superimposed anomalies of molybdenum, tungsten, gold,
barium, zinc and lead.


Within this highly anomalous geochemical context, the main
gold-silver-copper-tungsten mineralized zones—including the 6-km Augossan Zone and the 1.4-km Anorthosite 1&2 Zone—are associated with extensive magnetic anomalies. These anomalies have
a combined length of about 28 km and represent considerable exploration
potential.


The Larissa Trend is a 16-km-long target area marked by strong lake-bottom geochemical
anomalies, notably for copper (up to 841 ppm Cu), molybdenum (up to 159
ppm Mo), cobalt (up to 110 ppm Co) and rare earth elements (up to 1,667
ppm REE). Field work revealed several copper (up to 2.13 % Cu) and
molybdenum prospects (up to 0.12 % Mo) along this trend.


Two other quality multi-kilometre target areas were identified elsewhere
on the property, one for gold and the other for
copper-cobalt-gold-tungsten.


The Rex South property comprises 1,822 claims covering 794 km(2). Survey specifications and prospecting results were reported in the
press releases of October 7 and November 8, 2010, and January 12 and
February 15, 2011. Azimut's partner Aurizon Mines Ltd recently
announced its intent to accelerate the 2011 work program with a $4.1
million budget.


This press release was prepared by Jean-Marc Lulin, P.Geo., acting as
Azimut's Qualified Person under NI 43-101. Azimut is a mineral
exploration company using cutting-edge targeting methodologies with the
objective of discovering major ore deposits. The Company holds the
largest mineral exploration portfolio in Quebec, including key gold,
uranium and copper properties.


Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.



To view this news release in HTML formatting, please use the following URL: http://www.cnw.ca/en/releases/archive/February2011/22/c4729.html

Jean-Marc Lulin, President and CEO
Tel.: (450) 646-3015 - Fax: (450) 646-3045
info@azimut-exploration.com      www.azimut-exploration.com



Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!



Mineninfo
Azimut Exploration Inc.
Bergbau
A0KEU1
CA3019501012
Copyright © Minenportal.de 2006-2024 | MinenPortal.de ist eine Marke von GoldSeiten.de und Mitglied der GoldSeiten Mediengruppe
Alle Angaben ohne Gewähr! Es wird keinerlei Haftung für die Richtigkeit der Angaben und der Kurse übernommen!
Informationen zur Zeitverzögerung der Kursdaten und Börsenbedingungen. Kursdaten: Data Supplied by BSB-Software.