Symbol: AZM.TSX Venture
LONGUEUIL, QC, Feb. 15 /CNW Telbec/ - Azimut Exploration Inc. ("Azimut") and Aurizon Mines Ltd. ("Aurizon") announce that high tungsten grades, up to 4.62% W, have been received for check analyses performed on 37 tungsten-bearing
grab samples collected during the 2010 field program on the Rex South
property, Nunavik, Quebec. An average grade increase of 130% was
obtained compared to previous results. The difference is due to the use
of the more accurate X-ray fluorescence method of analysis on samples
previously analysed by ICP (see below for more details).
Most of the tungsten-bearing samples (32) were collected along the 6-km long by 50- to 300-m wide Augossan Zone (including the Fluo and Pointe-au-Gossan 1&2 prospects) (see attached map), which is open in all directions, and where significant results for
copper (up to 2.56% Cu), gold (up to 23.3 g/t Au) and silver (up to 90.0 g/t Ag) have been obtained (see press release of November 8, 2010). The
Augossan Zone appears as a very attractive exploration target for a
large deposit in terms of metal content. The polymetallic and
disseminated nature of the mineralization, as well as dense veining,
and its association with a fluor-rich intrusion show similarities with
porphyry type mineralized systems.
The new tungsten results are as follows:
All 37 samples returned grades higher than 0.05% W, including 27 with
values above 0.1% W.
The highest values are 4.62% W, 3.08% W, 2.02% W, 1.67% W and 1.01% W.
The check analyses were carried out by X-ray fluorescence on 37 samples
with grades higher than 0.05% W and resulted in an average grade
increase of 130% compared to grades previously obtained for the same
samples using an ICP method. The differences between the two analytical
methods are attributed to the incomplete dissolution of
tungsten-bearing minerals during multi-acid extraction prior to ICP
analysis. The X-ray fluorescence method is considered to be
significantly more accurate for tungsten analysis. All rock samples
were assayed by ALS Chemex in Val d'Or, Quebec. A petrographic study is
in progress to characterize the mineralized facies.
The Rex South Property comprises 1,822 claims covering 794 km2. The initial 2010 work program led to the discovery of 20 significant
mineralized prospects on the property. Azimut was the operator of the
program. Azimut's partner Aurizon recently announced its intent to
accelerate the 2011 work program with a $4.1 million budget (see press
release of January 12, 2011). Emphasis will be placed on initiating
widely spaced systematic drilling fences on the Augossan target.
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 using cutting-edge targeting methodologies with the
objective of discovering major ore deposits. The Company holds the
largest mineral exploration portfolio in Quebec, including key gold,
uranium and copper properties.
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
SOURCE AZIMUT EXPLORATION INC.
For further information:
Jean-Marc Lulin, President and CEO
Tel.: (450) 646-3015 - Fax: (450) 646-3045