| Azimut and Partners obtain Additional High-Grade Gold Results from Eleonore South, James Bay region, Quebec | |
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Symbol: AZM.TSX Venture LONGUEUIL, QC , Nov. 16, 2017 /CNW Telbec/ - Azimut Exploration Inc. ("Azimut" or the "Company") (TSXV: AZM) is pleased to report additional high-grade gold results from surface prospecting on the Eleonore South JV Property in the James Bay region of Quebec . The best grab samples yielded very high grades: from 833 g/t Au to 1,500 g/t Au on boulders and up to 26.1 g/t Au on outcrops. These results may represent the direct strike continuity of the high-grade Moni Prospect discovery announced on October 17, 2017 , which includes the following channel samples: 79.6 g/t Au over 4.25 m and 79.5 g/t Au over 5.87 m (see attached figures 1 to 6). View original content with multimedia: http://www.newswire.ca/en/releases/archive/November2017/16/c1408.html |
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DEVELOPMENT STAGE |
CODE : AZM.V |
ISIN : CA3019501012 |
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Azimut Expl. is a gold and cobalt exploration company based in . Azimut Expl. develops gold, cobalt and uranium in Canada, and holds various exploration projects in Canada. Its main asset in development is CENTRAL MINTO in Canada and its main exploration properties are ELEONORE SOUTH, NORTH RAE, WEMINDJI, OPINACA (A, A-EAST, B AND B-NORTH), DANIEL LAKE, OPINACA, REX SOUTH, WABAMISK, SOUTH BIENVILLE, KATIVIC and LAC VOLANT in Canada. Azimut Expl. is listed in Canada. Its market capitalisation is CA$ 28.6 millions as of today (US$ 21.0 millions, € 19.6 millions). Its stock quote reached its lowest recent point on December 20, 2002 at CA$ 0.04, and its highest recent level on June 29, 2007 at CA$ 9.42. Azimut Expl. has 45 460 000 shares outstanding. |