Core Viewpoint - Azimut Exploration Inc. has initiated a new diamond drilling program of at least 5,000 meters on the Fortin Zone (antimony-gold) at its 100% owned Wabamisk Property in Quebec, Canada, which is recognized as one of the most significant antimony mineralized systems in Canada [1][2]. Drilling Program - The new drilling program aims to deepen the exploration of the Fortin Zone to identify potential gold enrichment associated with a vertical antimony-gold zoning, which has been observed in various deposits globally [3]. - A total of 86 drill holes (12,286 meters) have been completed on the Fortin Zone and surrounding targets since its discovery in 2024, with a distinct gold target being delineated immediately south of Fortin [2]. Metallurgical Tests and Market Studies - SGS Canada has been commissioned to conduct initial metallurgical tests on the mineralized material from Fortin and to assess global demand for such products [4]. Gold Target Evaluation - Significant results obtained since 2024 support a comprehensive reevaluation of the gold potential of the Wabamisk Property, with geophysical work, prospecting, and drilling planned on priority targets [5]. - The second phase of drilling included 35 holes (5,890 meters) with an average spacing of 100 meters, revealing that 29 holes (83%) contain antimony mineralization with grades exceeding 0.2% Sb, including 19 holes with gold grades above 0.5 g/t Au [6]. Mineralized Body Geometry - The Fortin Zone is at least 1.8 kilometers long, determined by 58 mineralized drill holes, within a broader prospective corridor of 2.4 kilometers [9]. - The mineralized intervals show thicknesses ranging from 5 meters to 50 meters, with an average thickness of approximately 25 meters, and the zone remains open at depth [10]. Geological Context - The antimony-gold mineralized system is associated with a massive hydrothermal alteration zone, suggesting a significant vertical extension of the mineralized unit [11][12]. - The mineralization is characterized by a dense network of quartz veins and is associated with various sulfides, indicating a complex geological environment [13]. Strategic Importance of Antimony - Antimony is classified as a critical mineral by Canadian and U.S. governments, with significant global production concentrated in China, Tajikistan, and Russia [16]. - The volatility in antimony prices due to supply shortages and trade disputes highlights the importance of diversifying supply chains for critical minerals outside of China [16]. Property Overview - The Wabamisk Property, covering 356 square kilometers, is strategically located near other significant mining projects, enhancing its exploration potential [17][18]. - The property is fully owned by Azimut and includes adjacent claims that are primarily explored for lithium, indicating a diversified mineral exploration strategy [17].
Azimut continue l’évaluation de la Zone Fortin (Antimoine-Or) Propriété Wabamisk, région de la Baie James, Québec
Globenewswire·2026-01-21 05:01