Azimut Exploration Inc (�Azimut�)
announces the improved definition of four (4) major copper and gold
exploration target areas on the Rex South property following the
interpretation of property-wide lake-bottom sediment geochemical and
airborne geophysical surveys performed in 2010.
The most
significant target area, represented by the Augossan
and Le Breuil trends, displays a strong
district-scale polymetallic footprint. It
will be investigated during a comprehensive program in 2011,
including 7,000 m of drilling.
Salient results
for the property are as follows:
The Augossan
Trend and Le
Breuil Trend form a single
5 x 15 km ovoid-shaped target area characterized by strong
geochemical anomalies in lake-bottom sediments, notably for copper
(up to 587 ppm Cu) and rare earth elements (up to 3,768 ppm REE), as
well as superimposed anomalies of molybdenum, tungsten, gold, barium,
zinc and lead.
Within this
highly anomalous geochemical context, the main
gold-silver-copper-tungsten mineralized zones�including the 6-km Augossan
Zone and the 1.4-km
Anorthosite 1&2 Zone�are
associated with extensive magnetic anomalies. These anomalies have a
combined length of about 28 km and represent considerable exploration
potential.
The Larissa Trend
is a 16-km-long target area marked by strong lake-bottom geochemical
anomalies, notably for copper (up to 841 ppm Cu), molybdenum (up to
159 ppm Mo), cobalt (up to 110 ppm Co) and rare earth elements (up to
1,667 ppm REE). Field work revealed several copper (up to 2.13 % Cu)
and molybdenum prospects (up to 0.12 % Mo) along this trend.
Two other quality
multi-kilometre target areas were
identified elsewhere on the property, one for gold and the other for
copper-cobalt-gold-tungsten.
The Rex South
property comprises 1,822 claims covering 794 km2. Survey
specifications and prospecting results were reported in the press
releases of October 7 and November 8, 2010, and January 12 and
February 15, 2011. Azimut�s partner Aurizon Mines Ltd recently announced its intent
to accelerate the 2011 work program with a $4.1 million budget..
This press release was prepared by Jean-Marc Lulin, P.Geo., acting as Azimut�s
Qualified Person under NI 43-101. Azimut is
a mineral exploration company using cutting-edge targeting
methodologies with the objective of discovering major ore deposits.
The Company holds the largest mineral exploration portfolio in
Quebec, including key gold, uranium and copper properties.