Azimut Exploration (TSXV: AZM; TCQX: AZMTF) has published the complete results from four drilling programs on its Elmer property since the discovery of the Patwon gold zone. An NI 43-101 technical report, including the first resource estimate, is underway with the support of InnovExplo, an independent mining consulting firm based in Val d'Or, Que.
Patwon is defined along a strike length of 600 metres, from the surface to a vertical depth of 860 metres, with an average estimated true width of 35 metres and a dip of 70° to 75° to the north. The broadness of the near-surface mineralization may make it amenable to open pit mining. Preliminary metallurgical tests indicate non-refractory free-milling gold recoverable by a combination of gravity circuit and conventional cyanide leaching.
Azimut's diamond drilling from November 2019 to March 2023 consisted of 242 drill holes for 76,163 metres. Of this total, 137 holes delineated the Patwon zone, and 105 holes tested exploration targets elsewhere on the property. Azimut has prioritized four target areas – Patwon East, Patwon West, Wolf, Gabbro – for follow-up drilling.
Jean-Marc Lulin, president and CEO of Azimut, stated that the delivery of the technical report is the next milestone for the project before undertaking a new drilling program scheduled for fall 2023. Exploratory drilling was also done on a prospective area 8.0 km long by 3.0 km wide to test 12 targets Patwon.
The Patwon gold zone is a gold deposit on its wholly-owned Elmer Property located in the Eeyou Istchee James Bay region of Quebec.
For more information, visit Azimut-Exploration.com.
April 25, 2024
Comments