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Azimut Exploration Inc (“Azimut” or “the Company”) (TSXV: AZM) announces the discovery of a new mineralized 1.5-km-long copper-molybdenum zone on its 100% owned Rex property in Nunavik, northern Quebec. This latest zone (the Robinson Zone) further supports the excellent exploration potential for large-scale polymetallic deposits in a region considered by Azimut to be a new mineral belt of major importance.
Azimut’s systematic targeting efforts in Quebec led to the acquisition of a controlling land position along a 330-km prospective trend in Nunavik, represented by its Rex, Rex South and NCG properties totalling 13,133 claims over a 5,708 km2 surface area (see press release of March 31, 2011).
The discovery of the Robinson Zone is the result of prospecting work that followed up on an in-fill lake-bottom sediment survey performed by Azimut in 2010. The zone has been recognized over a strike length of 1.5 km and a width of 30 to 130 m, and remains open in all directions. Mineralization, mostly represented by chalcopyrite (up to 5%), molybdenite (up to 1%) and pyrite, is hosted in a biotite-rich granite with porphyritic and pegmatitic facies. The dominant alteration type is silicification. Mineralization has been confirmed using a portable X-ray fluorescence (XRF) analyzer. Laboratory analyses are pending.
The extensive exploration program underway on the Rex, Rex South and NCG properties can be summarized as follows:
On-site field operations at Rex and NCG are managed by Azimut’s senior project geologist, François Bissonnette, P.Geo. 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 with the objective of discovering major ore deposits. The Company’s core business is project generation using cutting-edge targeting methodologies, along with partnership development. Azimut holds the largest mineral exploration portfolio in Quebec, including key gold, copper, uranium and rare earth element properties.
