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