Azimut Resumes Drilling on the Elmer Gold Discovery Symbol: AZM.TSX Venture
Azimut Resumes Drilling on the Elmer Gold
Discovery
Symbol: AZM.TSX Venture
LONGUEUIL, QC
,
May 26, 2020
/CNW Telbec/ -
Azimut Exploration Inc.
("Azimut" or the
"Company") (
TSXV: AZM
) is pleased to announce it has resumed drilling on its
100%-owned
Elmer
Property
in the James Bay-Eeyou Istchee region of
Quebec
.
The 6,000-metre (30-hole) diamond drilling program uses two rigs as originally planned. The
objective is to expand the recent Patwon Gold Discovery, which consists of multiple substantial drill
hole intersections, including 3.12 g/t Au over 102.0 metres. Most targets are drillable year-round
(see press releases of
January 14
and March 18, 2020).
Five main target areas (ELM-1 to ELM-5) are located within a 2.5 by 1.0 kilometre highly
prospective corridor, open at both ends. The target areas are mostly defined by induced polarization
("IP") anomalies along several subparallel axes, for a cumulative length of at least 7 kilometres.
Azimut has implemented strict protective measures for its operations, which follow the INSPQ and
CNESST guidelines during the COVID-19 pandemic. The Company's protocols have been reviewed
by the Cree Nation Government. Azimut acknowledges the excellent collaboration on the part of the
Cree authorities to help advance operations under these very challenging circumstances. The
Company suspended its exploration programs in March (see press release of
March 25, 2020
) to
respect the Government of
Quebec's
decree in response to the COVID-19 pandemic.
This press release was prepared by Dr.
Jean-Marc Lulin
, P.Geo., acting as Azimut's qualified
person under National Instrument 43-101.
About Azimut Exploration
Azimut is a mineral exploration company whose core business is centred on target generation and
partnership development. The Company uses a pioneering approach to big data analytics (the
proprietary
AZtechMine
TM
expert system) enhanced by extensive exploration know-how. Azimut
maintains rigorous financial discipline and has 65.7 million shares outstanding. The Company's
competitive edge against exploration risk is founded on systematic regional-scale data analysis and
multiple concurrently active projects.
www.azimut-exploration.com
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.
SOURCE
Azimut Exploration Inc.
View original content:
http://www.newswire.ca/en/releases/archive/May2020/26/c7451.html
%SEDAR: 00003284E
For further information:
Jean-Marc Lulin, President and CEO, Tel.: (450) 646-3015, Fax: (450)
646-3045, [email protected]
CO: Azimut Exploration Inc.
CNW 07:00e 26-MAY-20