The minimum 3,000-metre program will test high-potential shallow-depth targets.
Another positive step is the discovery by
The Equinox showing, located 14 kilometres east of the
The best grades obtained from the initial grab sampling program reached 5.29% Cu, 1.02 g/t Au, 51.7 g/t Ag, 0.10% Bi and 54.3 g/t Te. Note that grab samples are selective by nature and unlikely to represent average grades.
Follow-up field work (detailed prospecting) is underway. A soil geochemical survey will also assess this target area, notably defined by a kilometre-scale intrusion-iron formation contact.
About the Elmer Property
The Elmer Property comprises 516 claims (271.8 km2) over a 35-kilometre strike length. It lies 285 kilometres north of the town of
Drilling Contracts and Analytical Protocols
Samples are sent to
About
Contact:
President and CEO
Tel: (450) 646-3015
Vice President Corporate Development
Tel: (604) 202-7531
Email: info@azimut-exploration.com
Cautionary note regarding forward-looking statements
This press release contains forward-looking statements, which reflect the Company's current expectations regarding future events related to the drilling results at the Elmer Property. To the extent that any statements in this press release contain information that is not historical, the statements are essentially forward-looking and are often identified by words such as 'consider', 'anticipate', 'expect', 'estimate', 'intend', 'project', 'plan', 'potential', 'suggest' and 'believe'. The forward-looking statements involve risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. There are many factors that could cause such differences, particularly volatility and sensitivity to market metal prices, the impact of changes in foreign currency exchange rates and interest rates, imprecision in reserve estimates, recoveries of gold and other metals, environmental risks, including increased regulatory burdens, unexpected geological conditions, adverse mining conditions, community and non-governmental organization actions, changes in government regulations and policies, including laws and policies, global outbreaks of infectious diseases, including COVID-19, and failure to obtain necessary permits and approvals from government authorities, as well as other development and operating risks. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this document. The Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, other than as required to do so by applicable securities laws. The reader is directed to carefully review the detailed risk discussion in our most recent Annual Report filed on SEDAR+ for a fuller understanding of the risks and uncertainties that affect the Company's business.
(C) 2024 Electronic News Publishing, source