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High Grade Ni/PGE Adjoining Globex’s Tyrone Property
Globenewswire· 2025-06-02 13:01
Core Viewpoint - Azimut Exploration Inc. has reported additional positive assay results from the Perseus Nickel Zone, which is adjacent to Globex Mining Enterprises Inc.'s Tyrone Property in Quebec, indicating significant economic potential for the area [1][7]. Group 1: Assay Results - The assay results from the Perseus Nickel Zone include 30 high-grade nickel samples with grades ranging from 3.46% to 19.60% Ni, all exceeding 3.0% Ni [3][4]. - The samples also show high palladium grades between 1.16 g/t Pd and 12.15 g/t Pd, and platinum grades up to 3.65 g/t Pt [3][4]. - Additional grades for rare PGEs include up to 1.16 g/t Rh, 0.43 g/t Ir, 2.75 g/t Ru, and 0.45 g/t Os, enhancing the potential value of the Perseus Zone [4]. Group 2: Economic Potential - The new assay data suggests greater economic potential than previously estimated, with high-grade mineralization similar to Archean Kambalda-type komatiitic nickel deposits found in Western Australia [7]. - The mineralization is associated with a magnetic anomaly that extends into Globex's Tyrone property, which has not been extensively explored, indicating high prospectivity [7]. - Other parts of the Tyrone property have shown high-grade occurrences of copper, gold, and silver, with notable samples including up to 47.2 g/t Au, 71 g/t Ag, and 7.4% Cu [7].