Core Insights - Azimut Exploration Inc. has reported high-grade gold assay results from channel sampling at the Rosa Zone on its Wabamisk Property in Québec, Canada, with visible gold found in several drill holes [1][2][3] Drilling Program and Results - The initial drilling program of 1,500 metres has been expanded to at least 2,000 metres due to positive results, with assay results pending [2] - Visible gold occurrences in drill core correlate with gold-bearing outcrops over a 700-metre strike and are consistent with induced polarization anomalies over a minimum strike of 1.4 kilometres [2] - The program yielded 20 samples above 1.0 g/t Au, with 8 samples exceeding 5.0 g/t Au [3] - Specific drill holes reported visible gold at various depths, including Hole WR25-02 at 57.07 m and Hole WR25-03 at multiple depths [4] Geological Context - The Rosa Zone features a sheared quartz vein system with disseminated sulphides, indicating a mineralized corridor that is at least 5 to 15 metres thick [5][14] - The geological setting is within the Archean greenstone belt, close to the tectono-metamorphic boundary with the metasedimentary Opinaca Subprovince [14] Property Overview - The Wabamisk Property consists of 673 claims covering 356 km², strategically located in a prospective belt in the James Bay region [7] - The property is adjacent to significant mineral deposits, including the Clearwater Property and the Whabouchi lithium deposit [8] Company Profile - Azimut is recognized for its extensive mineral exploration portfolio in Québec, focusing on gold, copper, nickel, and lithium [15] - The company employs a data-driven approach to exploration, utilizing its proprietary AZtechMine™ system for regional-scale data analysis [16] - Azimut has strategic investors, including Agnico Eagle Mines Limited and Centerra Gold Inc., holding approximately 11% and 9.9% of the company's shares, respectively [17]
Azimut Obtains High-Grade Gold Results from Channel Sampling on the Rosa Zone, Wabamisk Project, James Bay, Quebec
Globenewswire·2025-10-28 10:30