Symbol: AZM.TSX Venture
LONGUEUIL, QC, Oct. 6 /CNW Telbec/ - Azimut Exploration Inc. announces it has recently completed an exploration program to advance its 100% owned North Rae and Daniel Lake properties located in the Ungava Bay region of Nunavik, Quebec. Twelve (12) uranium-bearing mineralized zones with a cumulative length of 17 km have been discovered at surface on these properties during previous exploration programs (see press release of February 19, 2009).
The 2009 program was designed to further assess the grade continuity of six (6) of these mineralized zones through the collection of 297 m of channel samples. The channel samples were collected by rock-saw on extensive surface exposures from the six zones (Aqpiq, Jonas, Amitujaq, Cirrus, Puqila and R7). The samples have been sent for analysis at the Saskatchewan Research Council Laboratory in Saskatoon. Results are pending.
New field observations made during the program reinforce Azimut's earlier appraisal of this region as an emerging uranium district:
(a) At the regional scale, the weakly-deformed pegmatitic bodies hosting
uranium mineralization appear to be conformable with the enveloping
foliated rocks. These pegmatitic bodies are closely associated with
the contact between Archean basement and overlying Proterozoic
metasedimentary rocks, and are now interpreted to be an extensive
sill system rather than dyke swarms. This key Archean-Proterozoic
contact has a strike length of more than 70 km along a major synform
on the North Rae and Daniel Lake properties and presents a strong
potential for additional discoveries.
(b) At the prospect scale, several of the mineralized zones represent
kilometric, shallow-dipping targets with significant near-surface
uranium potential. The possibility of stacked mineralized pegmatitic
bodies is also envisioned.
(c) Within the Proterozoic metasedimentary sequence, a radioactive, grey
to black, silica-rich banded facies, has been interpreted as a
quartzite horizon and may represent sediment-hosted uranium
mineralization with potentially significant lateral extensions.
The North Rae and Daniel Lake properties comprise 2,825 claims and a surface area of 1,267 km(2) covering a 50 by 60 km region. On their neighboring CAGE property, AREVA is concurrently advancing its exploration work, including more than 10,000 m of drilling in 2009 according to public information.
This press release was prepared by geologist Jean-Marc Lulin 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.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
SOURCE Azimut Exploration Inc
For further information: For further information: Jean-Marc Lulin, President and CEO, (450) 646-3015, Fax: (450) 646-3045, email@example.com; www.azimut-exploration.com