Azimut Defines Antimony-Gold Zone over 1.8 km Strike and 250 m Depth, Open in All Directions, on the Wabamisk Property, James Bay, Québec
Globenewswire·2025-10-23 10:30

Core Viewpoint - Azimut Exploration Inc. is advancing its diamond drilling program on the Fortin antimony-gold zone, which is becoming one of the largest antimony-bearing systems in Canada, amid tightening global supply due to China's export restrictions [1][3]. Company Summary - Azimut has drilled 86 holes totaling 12,286 meters on the Fortin Zone since its discovery in 2024, with plans to resume drilling early next year [3]. - The Fortin Zone is located on the Wabamisk Property, which comprises 673 claims covering 356 km², and is strategically positioned in the James Bay region [12][13]. - The company is recognized for its extensive mineral exploration portfolio in Quebec, focusing on gold, copper, nickel, and lithium [18]. Drilling Results - Recent assay results from 28 of the 35 drill holes indicate significant antimony and gold grades, with notable results including: - Hole WS25-67: 0.89% Sb and 0.65 g/t Au over 41.9 m [4]. - Hole WS25-85: 0.73% Sb over 39.2 m [4]. - Hole WS25-86: 0.56% Sb over 27.0 m [4]. - The mineralized body has been traced over a length of 1.8 kilometers and a vertical depth of 250 meters, remaining open in all directions [2][10]. Geological Context - The Fortin Zone is associated with a massive albitic stratiform hydrothermal alteration zone, which is significant for its antimony and gold mineralization [10]. - The geological environment is recognized as prospective for gold, with the potential for a deeper gold-rich zone beneath the antimony-rich zone [10]. Market Context - The price of antimony has surged to US$56,000 per tonne due to supply shortages, with China accounting for 60% of global production [11]. - Antimony is classified as a critical mineral by Canadian and American governments, highlighting its strategic importance [11].

Azimut Defines Antimony-Gold Zone over 1.8 km Strike and 250 m Depth, Open in All Directions, on the Wabamisk Property, James Bay, Québec - Reportify