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Azimut & SOQUEM Initiate Drilling on Pikwa Property in James Bay Region in Quebec

Mining News - Published on Fri, 09 Oct 2020

Image Source: Azimut SOQUEM Pikwa Property
Azimut Exploration Inc announced the start of a minimum 2,000-metre 12-hole maiden diamond drilling program on the Pikwa Property in the James Bay region of Quebec . This drilling program follows a recently completed ground geophysical survey. The objective is to test a major 10-kilometre-long copper-gold target (the Copperfield East target ) defined by several spatially coincident features.

A continuous induced polarization corridor 10 kilometres long and up to 400 metres wide characterized by moderate to strong chargeability anomalies, generally well-correlated with magnetic highs

Two electromagnetic VTEM conductors that correlate well with IP anomalies in the western part of the target

A strong polymetallic (copper-gold-silver-molybdenum) soil anomaly

Mineralized outcrops and an extensive mineralized boulder field with grades reaching
up to 9.8% Cu , 13.45 g/t Au , 37.6 g/t Ag , and 1% Mo (from outcrops)
up to 20.1% Cu , 2.99 g/t Au , 58 g/t Ag and 0.24% Mo (from boulders)

The Pikwa Property is part of the James Bay Strategic Alliance between Azimut and SOQUEM Inc, a subsidiary of Investissement Qu├ębec. Azimut is the operator for the Alliance. The Property was acquired in 2016 following systematic gold predictive modelling over the James Bay region (176,300 km 2 surface area) using the Company's AZtechMine TM expert system.

The results acquired to date point to a major copper-gold system centred on the 10-kilometre-long Copperfield East target. It is interpreted as a porphyry system emplaced along the margins of an intrusion and subsequently sheared during regional-scale tectonic events.

Source :

Posted By : Yogender Pancholi on Fri, 09 Oct 2020
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